Iris my mate,
I am very gald to see you sharing your views, you have no idea how badly people here seek your views, of course this includes me too. Hereby I share my views too.
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and guys you can watch cable in similar action in 2nd half of next week, I won't opine on exact date coz I'm not 100% sure at this point of time.
Posted on 12-01-2007
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Mind it, I am looking forward to cable climbing upto skies later this week. Fingers crossed, lets see...
Looks like the move has started,
Cable looking stable at: 1.9710
Euro looking stable at: 1.2939
When I started typing this long essay, cable was at: 1.9678
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It was of a decent size spanning: ~135 pips, I couldn't tap much of it as I thought it would start from top, while it started from bottom. But never mind for a noob like me, But, Now I can for sure foresee cable falling real bad in the first week of Feb. 2007, this time I am near 90% sure about the date and time, BUT won't share here for certain professional reasons. There may be many major short n long moves before and after this time, I just shared what I could foresee.
Right now(during weekend):
Cable at: 1.9737
Euro at: 1.2960
I shall keep long euros n cables and in case there is some catastrophic situation I shall scalp from opposite direction to cover the loss. Apparently, I am long euro n cable.
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JPY against USD and CHF against USD shall gain momentum heavily, particularly tomorrow, USD will fall real badly, it will be like USD being crushed and trampled real badly by CHF and JPY tomorrow, the moves have already started.
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I'll keep short USD/JPY and Swiss ranging from 120.50 until 121.25, these positions are in tiny profits to huge losses at the moment.
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