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OnlineAddict replied Jun 12, 2014Well, we are 2000+ pips up on a monthly chart...so 1000 pips down on monthly is not that big of a target. That could take a year to go there, though.
Cable Update (GBPUSD)
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OnlineAddict replied Jun 12, 2014I said "potential", I don't know if it drops so much, it may, it may not. Why do my thoughts bother you? Nobody should trade what I say.
Cable Update (GBPUSD)
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OnlineAddict replied Jun 12, 2014I need a double top to short this now...either that or I wait for the asian session.
Cable Update (GBPUSD)
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OnlineAddict replied Jun 12, 2014I hope there is enough volume for that. Wouldn't be the first 20 pip spike during these "late" hours...but even if not, if we get there during asian session or early EU session, I will short it and hold until friday close or next week.
Cable Update (GBPUSD)
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OnlineAddict replied Jun 12, 2014Jimmy, where is your Dollar index chart...its nice to see how its testing 80.67, yesterday's support, today's resistance, it seems...if we stay below, longs will win. HH tomorrow then. EDIT: Cable broke up...not shorting this until 2-3 more ...
Cable Update (GBPUSD)
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OnlineAddict replied Jun 12, 2014Still waiting for these 2 numbers...what a boring week.

Cable Update (GBPUSD)
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OnlineAddict replied Jun 12, 2014Cable did a big move during EU session already...it looks tired. If it doesn't break 6845, might be a good daily scalp for 30 pips.
Cable Update (GBPUSD)
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OnlineAddict replied Jun 12, 2014It doesn't look like 6845 will hold...too much pressure...but shorts above 68 should be safe anyway...there will be one more leg down, even if we go close to 69, I think. Dollar index is crashing...80.50 might stop the fall and also eur and cable ...
Cable Update (GBPUSD)
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OnlineAddict replied Jun 12, 20147040 could be the trade of the year. 15 pip stop loss and potential 1000+ pips gain. Can't think of a better r/r ratio.
Cable Update (GBPUSD)
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OnlineAddict replied Jun 12, 2014These speeches are always market as red, Carney, Yellen and the others...but mostly end up being meaningless. Especially during that time of the day.
Cable Update (GBPUSD)
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OnlineAddict replied Jun 12, 2014If eurusd broke 1.3558 today...that would be it for the shorts, I think. GU shorts should be still safe for the day, if 6845 doesn't break.
Cable Update (GBPUSD)
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OnlineAddict replied Jun 12, 2014Not shorting this or eur...look at dollar index. I will probably look into getting into longs at some point.
Cable Update (GBPUSD)
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OnlineAddict replied Jun 12, 2014Nice bull spike...so far everything goes according to the plan.
Cable Update (GBPUSD)
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OnlineAddict replied Jun 11, 2014LOL Why don't you quote the good calls I made this week? Short from 1.68 to 1.6747, long from 1.6747 to 1.6780. Bullish since yesterday, fake sell PA today during busy US session, etc? At least I don't trade everything I see...I said a possible ...
Cable Update (GBPUSD)
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OnlineAddict replied Jun 11, 2014I have no idea if we go there or not, either. If we drop from here, I won't short it, obviously. If we go that high, I will. There is nothing to lose until that happens.
Cable Update (GBPUSD)
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OnlineAddict replied Jun 11, 2014I would be happy if we were right about tomorrow. I would love to short 6860 towards 6730 or less.
Cable Update (GBPUSD)
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OnlineAddict replied Jun 11, 2014I'm short biased on cable, too...but not on a daily basis, but weekly or monthly. I think it will go to 1.60 eventually, maybe even 1.50, but on a daily basis, I prefer to wait for the spikes and short them. Even if we break 1.70, I will be still ...
Cable Update (GBPUSD)