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- cloggie replied Apr 12, 2010
Once we close our shorts, we will get it up there for you.
Cable Update (GBPUSD)
- cloggie replied Apr 12, 2010
Merkel already said she would only pay market rate, which is around 7 now, with the bund little over 3 they actually net a tidy profit on the deal. BTW, any short on cable/fibre is definately a hit and run. Intermediate trend is still up.
Cable Update (GBPUSD)
- cloggie replied Apr 12, 2010
I am still flat fibre, 35915 looks too strong to me.
Cable Update (GBPUSD)
- cloggie replied Apr 11, 2010
I normally would agree with you, but this news release by the IMF today and a 100 pip move up makes me think this gap is not going to close anytime soon. Let's see what TY does overnight, see you at Frankie open. I am flat. No shorts for me tonight ...
Cable Update (GBPUSD)
- cloggie replied Apr 11, 2010
This move up on such thin volume does not bode well for the shorters. SY weakened the dollar based on the IMF bailout of Greece today. If we don't see a move back to below 54 soon, TY could well take this towards 55 and London even higher tomorrow. ...
Cable Update (GBPUSD)
- cloggie replied Apr 11, 2010
Yes it is, which is not looking good for a short either.
Cable Update (GBPUSD)
- cloggie replied Apr 11, 2010
Yeah, not looking good for the gaptraders right now.
Cable Update (GBPUSD)
- cloggie replied Apr 11, 2010
Gaps do fill, have a look at fibre last year, some took 9 months to fill, if you can handle the drawdown yes gaps fill.
Cable Update (GBPUSD)
- cloggie replied Apr 11, 2010
If you are a gaptrader, this is a good place for a short.
Cable Update (GBPUSD)
- cloggie replied Apr 11, 2010
We are up 86 pips from Friday and you wonder where the buyers are?
Cable Update (GBPUSD)
- cloggie replied Apr 11, 2010
And Tiger's partner is really moving up the leaderboard, he is doing fantastic for a late entry.
Cable Update (GBPUSD)
- cloggie replied Apr 11, 2010
EU and IMF have agreed a credit line of 30B for Greece, not sure about the rate though prob 5-6?
Cable Update (GBPUSD)
- cloggie replied Apr 11, 2010
Blimey, pawpaw are we eager to jump in at the first sign of a tick. Let it develop once SY opens, will need TY to get it anywhere. I still got my long from Friday and anticipate a gap up.
Cable Update (GBPUSD)
- cloggie replied Apr 11, 2010
Lee not of to a good start, but leftie is not doing as great as he did yesterday on the back 9. Still think this could be Lee's year.
Cable Update (GBPUSD)