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- cloggie replied Mar 23, 2010
I left cable alone for now. Lots of euro weakness today. And the home sales coming up later for the US. 1.5 needs to be breached seriously first before I go in, been dancing around it for so long it skewes the PA
Cable Update (GBPUSD)
- cloggie replied Mar 23, 2010
There are some rumours today that CNY may be posting a trade deficit this month, meaning no devaluation of the Yuan, further dollar strength.... Or they could just be playing games as usual.
Cable Update (GBPUSD)
- cloggie replied Mar 23, 2010
Put Cable aside for a bit, saw a lovely opportunity on fibre and took it.
Cable Update (GBPUSD)
- cloggie replied Mar 23, 2010
Fibre had a lovely break down, now waiting for a break of 1.35. Cable seems to stick to 1.5 like glue. 1.35 on fibre is not much better though
Cable Update (GBPUSD)
- cloggie replied Mar 23, 2010
I agree, no need to trade every pip. PA needs to settle down a bit first. Am focusing on fibre for a while.
Cable Update (GBPUSD)
- cloggie replied Mar 23, 2010
CPI still above 2, however it dropped slightly. Good news for Cable. Mortgage approval up. King can keep his stationary in the drawer. Gilts ticking up for the first time in two weeks. Awaiting entry.
Cable Update (GBPUSD)
- cloggie replied Mar 23, 2010
I am flat, we all know that King is not going to meet his target, it is just a matter of how the market is going to react. Bad news may actually encourage buying as it only means that tomorrows news is even worse.
Cable Update (GBPUSD)
- cloggie replied Mar 23, 2010
Letting her run with a TS, awaiting news. Edit: Stopped by TS, looking good for a short scalp, but am stayin out, just being careful before CPI/RPI
Cable Update (GBPUSD)
- cloggie replied Mar 23, 2010
I am scalping a long till the news comes out, breakout of 5032. King will have to get the stationary out again...
Cable Update (GBPUSD)
- cloggie replied Mar 23, 2010
Made some coffee and missed the drop. ah well. let's watch the action around 1.5
Cable Update (GBPUSD)
- cloggie replied Mar 23, 2010
At this rate we won't see 5023, she can't even get passed 5047
Cable Update (GBPUSD)
- cloggie replied Mar 23, 2010
The PA is starting to level off here pre Franky, may be forming another range or a retrace. I moved my SL to be+. The big boys may want a higher level for a drop. 5047 is proving stubborn
Cable Update (GBPUSD)
- cloggie replied Mar 23, 2010
This is different, pre trading drift down. 4 H1 bear candles in a row and M30 solid below the 25ma perfect setup of a daily trend IF Franky does not change it for us. Today we have the perfect setup of a big breakout on the H1, this could get us ...
Cable Update (GBPUSD)
- cloggie replied Mar 23, 2010
early trading, keep an eye on it after 0800 see if it gets better once Franky opens. Mine fluctuate a bit too in the morning.
Cable Update (GBPUSD)
- cloggie replied Mar 23, 2010
micro/mini account? Mine are a lot lower then that
Cable Update (GBPUSD)
- cloggie replied Mar 23, 2010
I am in short until Franky opens. Looking at the M30 and H1 the UTL is being observed and on H1 we just broke through the bottom of the major range at 5074. H4 looks like a nice retracement from yesterday's high and we are on the way to the DP of ...
Cable Update (GBPUSD)
- cloggie replied Mar 23, 2010
You guys can fight for the window seat, I got the driving seat.
Cable Update (GBPUSD)