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- penycae replied Apr 3, 2009
Cable Trading — Spiked as I was typing that! Can't take your eye off the ball.
Cable Update (GBPUSD)
- penycae replied Apr 3, 2009
Cable Trading — Morning from the U.K.! Got some of that rise yesterday, but not as much as I should have. Tough call today. Day's trend so far is down, so might be a case of selling the highs, unless it breaks yesterdays top. We have some UK ...
Cable Update (GBPUSD)
- penycae replied Mar 9, 2009
Cable Trading. — Sentiment on this forum seems to suggest that the UK is the only Country in trouble. Theory is that it'll be the U.S that leads the recovery, hence the "flight to quality" and the strong dollar. Cable at or near a ten year ...
Cable Update (GBPUSD)
- penycae replied Mar 9, 2009
Cable Trading. — Fall is due to DOW weakness, not dollar strength. Don't kid yourselves. When, (or if) the DOW the rallies, up this will go.
Cable Update (GBPUSD)
- penycae replied Feb 9, 2009
Cable Trading — Technicals say its time to short, but best wait for DOW to open. This wants to break 1.5 doesn't it?
Cable Update (GBPUSD)
- penycae replied Jan 8, 2009
You've missed the point again. I have not been posting "go long" for months. What position you take on a day to day basis is up to you. What I have been saying - recently - is that the GBP is oversold. There is a time to be long, a time to be short. ...
Cable Update (GBPUSD)
- penycae replied Jan 8, 2009
Cable Trading — I've been right since this came off it's lows. That's what I'm trying to tell you. No "eventually" about it. What did you think? Parity with the $ and the Euro? Wait until the employment data is released. If it's dire, then ...
Cable Update (GBPUSD)
- penycae replied Jan 8, 2009
Cable Trading — Good Morning! I tried to tell you, but my words fell on deaf ears. This is good to 1.8. Buy the dips, don't short an uptrend. The UK is not in such dire straits as the USA or Europe. The Euro is the better short. The GBP has ...
Cable Update (GBPUSD)
- penycae replied Jan 7, 2009
Cable Trading — Yes, I have, and I've been buying the dips and selling the highs. I don't publish every trade. Cable will settle around 1.8. It won't get there in a straight line, but it will get there, and still be off last year's highs. ...
Cable Update (GBPUSD)
- penycae replied Jan 7, 2009
Cable Trading — Good afternoon from the U.K. I hope you lot are getting some of this. Not a time to be short, as I said yesterday this is going to 1.8. Cable has fallen a long, long way over the last five months. Expect some retrace tomorrow, ...
Cable Update (GBPUSD)
- penycae replied Jan 6, 2009
Cable Trading. — Good evening from the UK. Why the surprise at this rally? GBP is way oversold against all the majors. The economy is not in such dire straits as either Europe or the USA. I expect the rally to continue until Thursday. There ...
Cable Update (GBPUSD)
- penycae replied Dec 31, 2008
Cable Trading — Good morning all from the UK. Happy New Year to you all, and may the GBP continue to rally!
Cable Update (GBPUSD)
- penycae replied Sep 9, 2008
Cable Trading — Hello Again. Closed at 1770 from limit order set this morning at 1.7620. Hope you all got some. Long and strong. $ has had a good run, there will be some retracement. Cable is a long until it isn't. Don't stay wedded to the ...
Cable Update (GBPUSD)
- penycae replied Sep 9, 2008
Cable Trading. — Just had a limit order filled (long) at 1.7620. Set and forget. See you all in about eight hours. Good luck with your trades.
Cable Update (GBPUSD)
- penycae replied Sep 9, 2008
Cable Trading — Short? They may see the odd 50 from here, but only if 666 breaks. Best stay flat for a bit if you have no position. Plenty of upside 675 on. FTSE short paid off, so a good day. Noon over here, not a bad time to stop.
Cable Update (GBPUSD)
- penycae replied Sep 9, 2008
Cable trading — Need to watch 1.7666. Resistance there could send it back 50 or so, but it'll break that next thrust if it fails this time. GBP/Euro also set for a rise.
Cable Update (GBPUSD)
- penycae replied Sep 9, 2008
Cable Trading — Good Morning! Hope you lot got that. 120 pips from the off. There's a time to be short, and a time to be long. Don't stay wedded to the dark side. Flat now, until the dust settles a bit. Maybe time to short the FTSE. Benny ...
Cable Update (GBPUSD)
- penycae replied Sep 9, 2008
Cable Trading — Morning sleepyheads! Cold and very wet here in the UK. Cable? Long and strong seems to be the order of the day. Too much pound bashing gone on of late. Time the dollar had some! Set stops 100 pips above entry, bank 'em 35 at a ...
Cable Update (GBPUSD)
- penycae replied Sep 8, 2008
Cable Trading — Hope you got that spike earlier on. Closed at 1.7620. Let the Asian markets play with it a bit, then long and strong again tomorrow. Good night from the good ole U.K.
Cable Update (GBPUSD)
- penycae replied Sep 8, 2008
Cable Trading — 35 in the bag already. Banked, and position re-opened. Same stops, and so it goes.......
Cable Update (GBPUSD)