Disliked{quote} Shorter version what ECB wanted to say is...........{image}Ignored
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Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
Why is GBPUSD called cable? 66 replies
cable short for gbpusd? 6 replies
Disliked{quote} Shorter version what ECB wanted to say is...........{image}Ignored
DislikedCurrently 6 consecutive days of buying but the candle sizes are getting smaller... Yesterday CPI came out bad for USD yet price only did 180 pips bullish move and gave back 80 pips from that high of 1.2443, compared to the previous CPI news that came out negative for USD in November 10 which produced extra ordinary 380 pips move in a single day... Weekly also showing exhaustion signs as last week's range being 243 pips is the lowest weekly range since August... These are all bullish exhaustion signs... I'm expecting 400 pips correction before...Ignored
Disliked{quote} And here is the result of the signs of exhaustion... 240 pips fall from high... Note that this fall is for momentum gathering to break further highs later... The destination is 1.38.Ignored
Disliked{quote} I agree George that the pound will hit 1.380 next year sometime. But don't you think it could shoot for the year's low first? What might that be?Ignored
Disliked{quote} You may not see that low again until decades... Except something extra ordinary happens...Ignored
DislikedIt's still couple hours away from Euro dinner, payable in Pound. Since our friends here also trade USDJPY alongside Cable, I saw that good opportunity to jump right in. I'll short it to 133.50 and see what happens. Went in at 137.86. {image}Ignored