Cable Update (GBPUSD)

MTB FLUENT ask and bid

http://www.mbtrading.com/

the trend is still down but beware for rebound. u never know where's the low. but hopefully it will make new lower today....

For shorts I have the 1h 50/62ema about 30-50pts above, and the daily 5sma about 60 pts above. I do however think that we'll retrace at some point to the weekly 5sma around 144

Hi guys.
Is this uptrend or what ?
what do u think? Coz i am hanging on my shorts.

retrace fib target at 61.8 @ 3743

pretty crazy movement.. unless I'm playing the extremes... my s/l's are to wide to take these moves. Everything still points to shorts.. but bank the pips when you have them.. and move s/l soon as possible either way.

edit: however.. i can start taking e/u longs now

gimme a %$#@in break

break 3750..next target is 3900..

well... got 30 on the m5 double top candle at the h1 50 ema short....

I'm happy with that.... s/l was 16... so got my r:r to 2:1.. can't beat that... curious as to what london will do with it.

come on just break to the earth
why it take so long?

TL strong..3750 look like will hold..down for 50pips..sl+2

until things break and a LONGTERM trend is established... playing the range is the game... take the extremes when things setup on m15 and m5 on h1 s/r levels... and keep tight s/ls..... only way i'm making any pips on g/u these days all signs still point short for the "trend"

can you show chart about movement like that ?

because the queen refuse to live on the streets..

for anyone just coming around for london... i think this is an informative piece of news worthy of being reposted.. sorry for those who already read it.

[GBP/USD] Spooking the already fragile state of the Sterling is an article in the Sunday Daily Mail, revealing that Britain was just three hours away from going bust last year after a secret run on the banks. City Minister, Gordon Brown's Ministers disclosed to the paper that on Friday, October 10th, the country was "very close" to a complete banking collapse after "major depositors" attempted to withdraw their money en masse. Per the report, the Treasury was preparing for the banks to shut their doors to all customers, terminate electronic transfers and even block hole-in-the-wall cash withdrawals.

i juz follow the analytics shown at fxopen.com..
n for my entry,i'm playing with the bouncing game..

news at 4:30...
so lagging until

just 15 minute from now..

I read that story yesterday, scary stuff!

Totally counter trend.

Watch this, it will drive people completely f**ing nuts for the next couple hours..