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- WanderingDan replied Oct 7, 2010
Cable — Any ideas on direction? The figure was a bit of an eye opener!!!
Cable Update (GBPUSD)
- WanderingDan replied Oct 6, 2010
This is a long term account, not a daily account. The daily account is treated as intraday, with some overnight swaps/rolls. The long term runs on an overall view. You need a lot of confidence in your view to run the long term account, it certainly ...
Cable Update (GBPUSD)
- WanderingDan replied Oct 6, 2010
Yep, I have also bough along the way, just to grab some extra. But my ultimate view is 1.3520 and i will keep shorting until it turns :-)
Cable Update (GBPUSD)
- WanderingDan replied Oct 6, 2010
What is the size of your live account? Send a private message if you don't fancy posting.
Cable Update (GBPUSD)
- WanderingDan replied Oct 6, 2010
I am shorting the EURO on EUR/USD plus EUR/GBP in a big way. Looking for 1.3520 and 0.83215 respectively. The Euro is overvalued above those figures. I am patient, I can wait. The further it goes beyond, the heavier I load. Every 30 pips gets ...
Cable Update (GBPUSD)
- WanderingDan replied Oct 6, 2010
Just teasing you mate. Have a good evening. I hope your day went well.
Cable Update (GBPUSD)
- WanderingDan replied Oct 6, 2010
Oh, I thought perhaps the name was an indication that you hail from Soho, London ;-)
Cable Update (GBPUSD)
- WanderingDan replied Oct 6, 2010
Ciao — Cheers Dayboy001, You don't happen to live in Soho by any chance do you? :-)
Cable Update (GBPUSD)
- WanderingDan replied Oct 6, 2010
Long cables — All long cables cashed in. Shorts added from 5990 + looking for 5970 on all of them. Nice day all in all. Only wish I had added more shorts for the drop earlier. Not to worry.........
Cable Update (GBPUSD)
- WanderingDan replied Oct 6, 2010
I know mate, but it really gets my goat at times. The euro has no business being this strong. Even the German's don't like it and that's saying something!
Cable Update (GBPUSD)
- WanderingDan replied Oct 6, 2010
The trick is to remain calm. Not easy I know. I jsut shorted again at 5890 ish, looking for 20 pips Well done thus far Really well done
Cable Update (GBPUSD)
- WanderingDan replied Oct 6, 2010
Years and years and years of expierence. Plus, man in the pub said so ;-)
Cable Update (GBPUSD)
- WanderingDan replied Oct 6, 2010
EURO — As far as I am concerned, the Euro is behaving like a naughty little school boy and it needs a smacked bum! It has no business reachig these dizzy heights, regardless of the dollars position.
Cable Update (GBPUSD)
- WanderingDan replied Oct 6, 2010
I preached "Short Cable" for 2 days. Then, having proved myself right, I ignored my own ramblings and went long. Fortunately, all positions are bought below 59 and there is only 3 still waiting to cash, one of which is in the profit zone. But that's ...
Cable Update (GBPUSD)
- WanderingDan replied Oct 6, 2010
Well played. 12 positions on Cable........ I hope your account is a decent size. You are trading like me with multiple positions and loading up on a retrace. It's impressive, you clearly have confidence in our view.
Cable Update (GBPUSD)
- WanderingDan replied Oct 6, 2010
Careful with buying. Don't go heavy. Worth a buy looking towards 5915, but not beyond. If it gets close, stay away as you may get caught. I will buy small towards that figure and short large coming back.
Cable Update (GBPUSD)
- WanderingDan replied Oct 6, 2010
I disagree, but only until early 59's - Not beyond and definitely not anything big. Cable has been better as a short over 1.585 - But it should, all things being equal, have a little look up again.
Cable Update (GBPUSD)
- WanderingDan replied Oct 6, 2010
Glad to hear it mate. What pair were you scalping?
Cable Update (GBPUSD)