Cable Update (GBPUSD)

Quoting Jade Gate

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EURGBP cross running the PA at present, looks like EUR gonna win today, cable head south, but we'll see once London fully onboard {image}

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Quoting nubcake

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{quote} What time is this "cable head south" happening? Just curious because I'm just a dumb troll and need the assistance from the local experts. I mean, I know the experts here don't just make shit up. And how are Scala's pending longs? Do we have a time frame in mind, or we'll just let it happen sometime in the future and claim then to have been right?

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Quoting Whale

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no chance to short GU this week. we will test this post on Friday 1.3 is a sure thing, 1.314 will be awesome, maybe next Monday {image}

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Quoting DrDave

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{quote} Did you mean as you wrote that the probablity you gave was for hitting BOTH S1 and R1 in a single day? When I traded S&P 500 e-mini's, I checked the probability that EITHER S1 or R1 would get hit in a single day, and that was about 82% (About 3 years of data). I did not bother with checking for BOTH to get hit because from simple observation, it was clear that it did not occur very often.

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Quoting Moty

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Come on mister short {image}

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Quoting Whale

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no chance to short GU this week. we will test this post on Friday 1.3 is a sure thing, 1.314 will be awesome, maybe next Monday {image}

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Quoting babayaga

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{quote} there is no spoon.., but as I see 1.2640th to retest is in play.., 1.2760th will tell??? H1, PPs TLs {image} H1 ichi, DPP/DeMark's {image} ...let's check it out then

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Quoting DrDave

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{quote} LOL. So you don't think that the H4 pullback will be strong enough to do any selling at all???

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Quoting Jade Gate

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Kissed the 61.8 fib and got rejected 3 times. Oh dear, poor cable The US traders might have the hots for her tho , we'll see at 7am NY time. {image}

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Quoting DrDave

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{quote} At the moment, that is merely the H1 pullback developing. Will need to track it to see if H2 joins or not to determine if a buy setup is in the works.

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Quoting nubcake

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{quote} Excuse me! No! JadeInTheBox said cable is going down, especially now that price "kissed" one of those magical fib lines. Have some respect.

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Quoting Zebi

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{quote} friday i asked the room who was still boolish for this week and you were the only one with the stones to answer that you lean that way you made a good point with the suppost chart however ill have stay bearish because of the diagnal trendline you drew ...everybody uses diagonal trendlines so they dont work so good because of that ata turkoglu spent years trying to devise a way to use trendlines 4-5 years ago and dropped em looks like in his teaching thread and started looking for something new...look at his charts...

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Quoting Whale

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{quote} I do respect other opinions.. but i'm All IN long this week.

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