FX 2007 > March 12th - 16th

Cable closed the week at 1.9320. Will it close on Friday:

  • Higher by at least 200 pips

    Votes: 5 38.5%
  • Within 200 pips of Fridays close

    Votes: 2 15.4%
  • Lower by at least 200 pips

    Votes: 4 30.8%
  • irrelevant to my trading style

    Votes: 2 15.4%

  • Total voters
    13
  • Poll closed .
i wouldnt be so sure about that today. IMHO, the game will be gbpchf from 8:30, and i suspect eurgbp will give it another little help on the way down.

but well, just an opinion.

j
 
That got near the 50 fibo retrace and closed my short on the bounce. Must confess I was expecting a deeper retrace to 61.8 (1.9281) or even close to 100%. Half position left running short, nervously! With a stop at 46.
 
long on cable short on FTSE looking for 510+ cable this afternoon

and wouldnt want to see anything lower than 289
 
dc2000 said:
long on cable short on FTSE looking for 510+ cable this afternoon

and wouldnt want to see anything lower than 289


Bugger, and there I was looking for 360 290, ish, and then up.

I do so hate being on the other side to you dc. :(

Just incase i have got it wrong, still got half running from yesterday, @ 225
 
chestney said:
Bugger, and there I was looking for 360 290, ish, and then up.

I do so hate being on the other side to you dc. :(

Just incase i have got it wrong, still got half running from yesterday, @ 225


no worries yet but the minute we hit 372 then 289 is void and stop level moves up
 
Last edited:
Cable on a wonder

no worries yet but the minute we hit 372 then 189 is void and stop level moves up

Thanks dc, 189 or 289?

I'm kinda looking for the pull back from this 60/70 area, with an entry for a long around the 280/300 area.

But then again if the little sod just takes off, I'll still be happy. :LOL:
 
Phil Mibbutz said:
... and short on Dow again later on, maybe?

depends on price as Im expecting a sideways day and 150 range I will short in the 214 area or long in the 062 area
 
Right buying pressure is on the cable lets see it break throught these levels in the next 5 mins
 
Is cable slipping .......
Lets be safe I have closed all positions this morning net result +70 pips

Now where do I enter will I have 2 entries
1. Long at 74 with a tight stop of 20 pips
2 .Instant order short @ 60 with a stop @ 80.

I think these will do ...Let see if we make the pips....

Happy Trading
Rav
 
rav700 said:
Is cable slipping .......
Lets be safe I have closed all positions this morning net result +70 pips

Now where do I enter will I have 2 entries
1. Long at 74 with a tight stop of 20 pips
2 .Instant order short @ 60 with a stop @ 80.

I think these will do ...Let see if we make the pips....

Happy Trading
Rav

too much caffine for me would much rather 72 then pullback to 47
 
Anyone got any reasonable explanation for how PPI figured showing double the expected rise in inflation can be bad for the dollar !?!?!?!??

:confused:
 
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