cool numbers goodthings, keep them coming
![](https://resources.faireconomy.media/images/emojis/64/1f609.png?v=15.1)
Why is GBPUSD called cable? 68 replies
Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
cable short for gbpusd? 6 replies
DislikedIm no use at fundamentals as well! Here are the fibs!
Chart shows retrace of the downtrend from 18th April. We are now at 61.8% retrace level. Keep an eye on price at 1.9960 area as it may dropIgnored
DislikedIf Cable can establish a foothold above 9956 today, we should see 2.00 and possibly 2.0132 in the short-term.
Apart from excellent $ fundamentals I can't see any reason why this scenario shouldn't unfold.
This is just my opinion of course and it lets me down frequently, to my cost. But, getting there, chipping away, little by little, etc. etc. ....Ignored
DislikedI am puzzled.(again by fundamentals)
Bernanke says today pretty much an interest rate cut will not happen. He is more worried about inflation that if it doesnt moderate may lead to a rate hike. Housing as we know is in bad shape. So more chance of rate hike than rate cut.
T-notesyields/bonds have hit highs. Normally good for $ strength I believe
Dow Jones today 100 + points down as are other markets about 1-2% down. In recent times we have seen DOW etc when it rises $ falls in value in a generalistic way.
Some news today $ positive (ISM reports)
So why have we seen more $ losses today? I was short and lost money and in my mind we should still be short.
Help any news people. Cesarnc or Bravado you normally have a good view what am I missing in my fundys?
edit - should add EUR and GBP interest rate announcements due but surely these already priced in.Ignored
DislikedCesarnc or Bravado you normally have a good view what am I missing in my fundys?Ignored
DislikedHi cesarnc.(or anyone using this indicator)
i downloaded your daily pivots indicator ,can i use it on any currency pair without changing anything. thankyou.Ignored