Yeah, the bible prophecies said so that the big beast with number 666 will come once a day.

Cable Update (GBPUSD)

You could be right, price reached FE 100% already. But thats scalping in my understanding, will not do that. I made too many failures in my last trading career because of trading against the trend or not holding positions.

Daily Cable Analysis

Said the same in the other thread about cable: It may sound naive but I don't believe in bigger corrections today (unless you are a high risk scalper). Everyone is buying now for at least to 61.8% (9460-9470). I don't think that anyone is so risk ...

Cable Update (GBPUSD)

It may sound naive but I don't believe in bigger corrections today (unless you are a high risk scalper). Everyone is buying now for at least to 61.8% (9460-9470). I don't think that anyone is so risk averse to sell before this target is reached, ...

Daily Cable Analysis

But not GBPUSD. It seems no sellers are active here, only a little more buyers moving it some pips up. Think about why! They are either waiting for the price to move more up and/or the time is not right to sell (does they feel that they missed ...

Cable Update (GBPUSD)

Exactly.

Cable Update (GBPUSD)

Its heading already up. But I see a trendline heading up in 15 minutes from the NFP low to now. Would be a nice break, but I'm not sure if this pair wants to go anywhere fast. There is another issue: From the deepest low to the 38% high 9360, we are ...

Cable Update (GBPUSD)

Sure, but that was all news reaction. The 'trigger effect', as I call it. Probably yen was better? Look at EURJPY, you see its up too. What now?

Cable Update (GBPUSD)

With a retrace to 61.8% (9471) of the top the price to sell would be even better. If I count the waves with elliot theory, this would be a wave 4 up, before the last wave 5 down comes. This wave 3 down was already long enough. We stucked at 38% ...

Cable Update (GBPUSD)

Well, the outcome was not really USD bullish. If you look it that way: The Jan number was higher than thought before, means the Feb number looks much more lower now. Or I'm trying to curve-fit something here for a long?

Cable Update (GBPUSD)

Yes, exactly my thoughts! But, after all this sh*t the last days and today, I'm not sure if these rabbits are amputees and can't hop away.

Cable Update (GBPUSD)

Trading news can be valuable if you have the right broker and follows the trend. But what are you doing if there is no trend at all?! *grmpf* Means I must live 3 weeks now with wrong times at news (because I live in europe). Oh well...

Cable Update (GBPUSD)

When came the revision out? At 8:30 too?

Cable Update (GBPUSD)

After all this sideway sh*t I fear the breakout. Should be a strong one, whenever the time is coming... Ouch!

Cable Update (GBPUSD)

I don't understand! How can they now say that the figure in Jan was 146k and not 111k, like it was stated before?? Thats fraud!?!? Thats how they manipulate the market... or what? The more and more I trade I begin to hate the capitalism! Fraud ...

Cable Update (GBPUSD)

Is this what Faure meant with "buy the rumours and sell the news"?

Cable Update (GBPUSD)

That would means there are people which know the NFP number beforehand!?

Cable Update (GBPUSD)

Wrong prediction, they raised it. Ouch.

EUR: ECB Will not raise Interest Rates on Thursday

LOL.

Cable Update (GBPUSD)

The problem only arises if there is a rate hike for GBP. Then we are fighting, EUR no-hike (hope so ) and GPB hike. But how is the probability that for GBP could be a hike? You never know, isn't it?

Cable Update (GBPUSD)