HUGE PIPS Pairs in FOCUS

[Mr. Crabs]

Nice swing to the down side, with traders net short and the budget just a few weeks away this is looking very good to the downside helped by great US jobs data and an improving US economy

Good input Steve, hopefully all these pairs make a 100+ pip dip move in my direction before the dollars make their next bounce.

I'm still quite confident, and loading contrary to my direction for the mod-term would likely be a great buy.

It's all about catching the bottoms and tops right mate? Finding the biggest moves in the smallest time frame is just the cream of the crop.

 

[GTSteve]

Indeed. I got burned last week at the start. Got the calls all wrong but hey what can you do. Can never make all the right calls but all adds to the excitment

 

[Mr. Crabs]

Indeed. I got burned last week at the start. Got the calls all wrong but hey what can you do. Can never make all the right calls but all adds to the excitment

Discretion man it's everything in this biz.

 

[GTSteve]

Indeed. I,m pretty new to this only been trading for 2 years

 

[Mr. Crabs]

Wow over 50 pips moved in the contrary direction on the GBP / AUD.

GBP took a quick dive here, it's been a very lucrative morning for sure.

 

[GTSteve]

Yes it has , never expected a move like that with no real news out TBH

 

[Mr. Crabs]

gbp looking good for a bounce in a quick bit.

 

[GTSteve]

& Here it comes me thinks

 

[Mr. Crabs]

GBP looks like it's loading up, support for the hour held, expecting it.

 

[GTSteve]

Large sell off underway....prehaps news will come out today ?

 

[GTSteve]

More downgrades prehaps ?

 

[Mr. Crabs]

GBP support broke, fantastic move to the downside.

 

[Mr. Crabs]

GBP looks like it finally is catching the bottom, some drop we've had.

Wow. The GBP had a sweet break.

 

[GTSteve]

I'm gonna remain short for the long haul. Looking for 14100 within a few months , the BOE seems happy to devalue to GBP making exports cheaper

 

[GTSteve]

For posting 3 times I refuse to follow the link

 

[Mr. Crabs]

More downgrades prehaps ?

Doubt it, more likely my people buying up whilst planning on dumping off. This move was heavy short-term traders it seems. That move came real suddenly and ominously huh?

 

[GTSteve]

Mr Crabs , this your full time Job ? Trading that is ?

 

[Mr. Crabs]

50 pips GBP / USD sweet bounce.

 

[UMOFX IB]

Mr. Crab

Whats your opinion about the reversal? What you think about Cable being reversed now as the bears are exhausted or they still got some power to take to further bottoms. I want to trade the reversal now and your opinion will be worthy.

 

[Mr. Crabs]

Mr. Crab

Whats your opinion about the reversal? What you think about Cable being reversed now as the bears are exhausted or they still got some power to take to further bottoms. I want to trade the reversal now and your opinion will be worthy.

If a reversal is in the works as I expect it will be volatile to the downside... and more controlled on the upside until the full breakout.

That's why it's tough to catch these bottoms.