Despite my previous comment on fundamentals..I just got long for a short term trade - the 5 period EMA crossed over the 10 period EMA on the 15 minute chart and there is bullish confirmation from the oscillators...
i've been short from 9:30am, and it hasnt moved. short from 9732... watch this be a bullish reversal and once again i get f--ed.
Yep Mate, still holdng short...there is good resistance at 1.9780...seems it will be down-flying point to the cable... good luck
out with 102 pips from 9732 to 9630 made about 98.50 after trade costs. Kinda wish I made more considering how long I had to hold this position, but it was only 1 mini lot so I guess thats not to bad. I made about 2.35 an hr..haha cm
Nice trade nic.. I got out too soon. I cant believe cable went straight down for 6hrs without a single pullback...very rare? heres a 4hr chart of strong support around 9300