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OnlineAddict replied Jul 18, 2014We could have a "no news" bullish monday during EU session. Wouldn't be the first time.
Cable Update (GBPUSD)
- OnlineAddict replied Jul 18, 2014
So you are saying we will go either up or down.
Cable Update (GBPUSD)
- OnlineAddict replied Jul 18, 2014
Last time we had a candle like that around 6880, before an attack of 6997, it looked similar. The day had a similar pattern, too.
Cable Update (GBPUSD)
- OnlineAddict commented Jul 18, 2014
He says something else every week. One week there will be no rate increase anytime soon, next week he says they might do it sooner than expected.
Euro cracks through 1.35
- OnlineAddict replied Jul 18, 2014
No, my first long got stopped out and I didn't enter the 2nd, because we didn't have a higher double bottom. Next week, if you check my chart, you will know where I will be buying.
Cable Update (GBPUSD)
- OnlineAddict replied Jul 18, 2014
I will be trading this, when the week starts. Have a good weekend, everyone. image
Cable Update (GBPUSD)
- OnlineAddict replied Jul 18, 2014
All I'm saying, that if I'm a bull and want to buy, I let the bears do their job. I just wait and with only bears on the market, the price drops quick. Then when the price is low enough, I start buying. For me, bulls and bears wanting the same, ...
Cable Update (GBPUSD)
- OnlineAddict replied Jul 18, 2014
Lets come back to it monday-tuesday. No need to explain, market will tell.
Cable Update (GBPUSD)
- OnlineAddict replied Jul 18, 2014
I meant that the move was done by buyers, who were buying low. If both bulls and bears want to go down, its mostly this quick and reversed quick also. Maybe to target a new high. Anyway, we will know for sure next week, my money will be on the bull ...
Cable Update (GBPUSD)
- OnlineAddict replied Jul 18, 2014
Different view? Do you still think we will see 1.69 before 1.72?
Cable Update (GBPUSD)
- OnlineAddict commented Jul 18, 2014
Few retail traders? Retail traders trade against banks pretty much. Do you think banks will take money from each other? The big ones are owned by the same people.
Euro cracks through 1.35
- OnlineAddict commented Jul 18, 2014
I was telling everyone to buy Cable, but yeah, eur is a good buy, too, next week will be bullish.
Euro cracks through 1.35
- OnlineAddict replied Jul 18, 2014
Waiting for the close, but as I said earlier...looks like this down move wasn't done by bears, but by bulls. I think we will only re-test 7060s next week, before a new high, 72 or more. Not shorting this before.
Cable Update (GBPUSD)
- OnlineAddict replied Jul 18, 2014
Next week, market open, the first few hours...might be the last for a while.
EURUSD
- OnlineAddict commented Jul 18, 2014
Well, since you ask...you may also close the trade, to lock in the profit, just in case this turns above your entry.
Euro cracks through 1.35
- OnlineAddict replied Jul 18, 2014
Back to 7071, where I got stopped out...this is unstoppable bull, I'm curious if H4 does reverse the last H4, if yes, might be a setup for new highs for next week.
Cable Update (GBPUSD)
- OnlineAddict replied Jul 18, 2014
Ah yes...well, I'm long biased on cable and will always rather buy the dips than sell the spikes. At least for now, until something major changes the trend. Right now, I would love to see double bottom or anywhere close to 7040, to buy again towards ...
Cable Update (GBPUSD)
- OnlineAddict replied Jul 18, 2014
btw Where did you see me be married to one trade? Direction, yes, but trade? I am mostly out after 10-15 pips against me. Have no trades open.
Cable Update (GBPUSD)
- OnlineAddict replied Jul 18, 2014
Nah, I'm both, long and short, intraday. But yes, on euro, medium term, I won't be short until I see a re-test of 1.3730 and a failure to break above. Until then, I'm not convinced enough to short and most important, add to shorts as to a strong ...
Cable Update (GBPUSD)