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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

Breakout occouring on G/J to the long side .

JIm
Looking at 1.4550 on G/U
Quoting trj6911
Looks like a "up yours " middle finger....
if this current 2h candle closes there about it looks like abandoned baby - bullish signal so I will take a long.
www dot corporateforex dot wordpress dot com
Quoting Ctic
Longs confirmed.
simply too risky to Long here

unless ............

http://img3.imageshack.us/img3/8058/cabler.gif
http://i43.tinypic.com/2aaeb1k.jpg

EW monitor says up..
EW Oscillator says up too..

Good luck to me..
Wahaha
Smile Chankl78
Whats your view on this week's market? Thanks.
Quoting forexlion
simply too risky to Long here

unless ............

unless .... we break 1.449?
Quoting martinipips
Whats your view on this week's market? Thanks.
This week the market will be sodomised by a horse, as a result I see great opportunities in the place in which they were not to be yesterday's of the tomorrow's high but now.
www dot corporateforex dot wordpress dot com
I think we'll get to 1.4510 @ news time. then if its better than expected 1.4550 then maybe 1.4650. if not than we'll be going down again!! I'm short baised, but flat untill news time.
Morning Chaps and Chapettes

Quiet night relative to previous few days, I see.

CPI news later this morning, not sure it will have a major impact unless it is wildly different from the 3.5% predicted. Expect more volatility when the emergency budget is announced in a few weeks time.

My view (for what it's worth) Up to 1.4525 ish then back down to test daily low.
Eur 15min the same as the Gbp 15min chart...

Thinking if short again when 1,4500 (if will be)

But today Im not gambling, before the GBP data
Quoting kasper
unless .... we break 1.449?
yep

break 4490 and we target 4670, a full 180 pip run
Quoting forexlion
yep

break 4490 and we target 4670, a full 180 pip run
looks like she'll need to make another run at it for the time being. hovered around 1.449 then dropped 30 pips almost.
Quoting chankl78
http://i43.tinypic.com/2aaeb1k.jpg

EW monitor says up..
EW Oscillator says up too..

Good luck to me..
Wahaha
+20pips ... stop out..... by my breakeven pips.
Smile Chankl78
Quoting kasper
looks like she'll need to make another run at it for the time being. hovered around 1.449 then dropped 30 pips almost.
yeah

below 4490 risk of taking longs is pretty high, once above it, it will be sweet sailing

plus we need to keep the may 7 low as support (SL level) if taking longs

below that longs are simply risky
euro has a range between 2329 and 2456

unless 2329 breaks with a weekly close below it, it will not fall further

once it breaks, it will be a sweet sweet 1.1665
Quoting forexlion
yeah

below 4490 risk of taking longs is pretty high, once above it, it will be sweet sailing

plus we need to keep the may 7 low as support (SL level) if taking longs

below that longs are simply risky
now i am long with 4474 SL
:nerd:My 1st target since yesterday ---> 1.4557 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
long at 4500 for the day
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