GBP/USD trading
- Thread starter nik1033
- Start date
Is that Roses hock?
It seems cable has broken the down-trend line.
Look to short into River at 9863. Stop above 9904. Target 9759.
I would only be long above 9904 on this one.
I would only be long above 9904 on this one.
been a while since i last posted for a trade...
i've been eyeing GBPUSD for weeks now waiting to get long. i agree it might not be time yet to long it though i feel it's getting close.
i'm watching the daily and 4-hr charts for any signs of buyers coming back in. i'd like to see the daily retrace down more and hold anywhere above 1.9675 before getting in.
will update once i make move...if, i make a move that is...hahaha.
i've been eyeing GBPUSD for weeks now waiting to get long. i agree it might not be time yet to long it though i feel it's getting close.
i'm watching the daily and 4-hr charts for any signs of buyers coming back in. i'd like to see the daily retrace down more and hold anywhere above 1.9675 before getting in.
will update once i make move...if, i make a move that is...hahaha.
GBPUSD long ? I disagree a little bit :
1)U.K. House-Price Growth Slows to Four-Month Low, Hometrack Says
U.K. house prices rose at the slowest pace in four months in May as interest rates at a six-year high discouraged buyers, Hometrack Ltd. said.
The average cost of a home in England and Wales increased 0.6 percent from April, the least since January, to 175,600 pounds ($348,000), a survey by the London-based research company showed today. Price growth was ``subdued'' in all regions apart from the areas around the capital as London prices rose 1.3 percent from the previous month, Hometrack said.
2) BRITISH POUND STERLING - CHICAGO MERCANTILE EXCHANGE Code-096742
Commitments of Traders - Futures Only, May 22, 2007
Non-Commercial Commercial
Long : Short Long : Short
56,493 21,155 35,585 82,060
Who, do you think, is right in this equation ? Non-Commercials or Commercials ?
1)U.K. House-Price Growth Slows to Four-Month Low, Hometrack Says
U.K. house prices rose at the slowest pace in four months in May as interest rates at a six-year high discouraged buyers, Hometrack Ltd. said.
The average cost of a home in England and Wales increased 0.6 percent from April, the least since January, to 175,600 pounds ($348,000), a survey by the London-based research company showed today. Price growth was ``subdued'' in all regions apart from the areas around the capital as London prices rose 1.3 percent from the previous month, Hometrack said.
2) BRITISH POUND STERLING - CHICAGO MERCANTILE EXCHANGE Code-096742
Commitments of Traders - Futures Only, May 22, 2007
Non-Commercial Commercial
Long : Short Long : Short
56,493 21,155 35,585 82,060
Who, do you think, is right in this equation ? Non-Commercials or Commercials ?
