Waiting for another setup.
if break and closed below 5468 then will consider for short.
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
Dislikedgbpcad moves in conjuction with cable, cadjpy and loony
gj is a different animal
my cable entry - taken out @ BEIgnored
DislikedGood day to you,
a new year upon us. Took my losses on EU ( Stopped out). Idea was good - but in too early. ANYWAY...
The 30 min chart spells out 1 single direction only - down. Look for a good entry south. Period.
No need for Fib's. No need for SR levels. Ride it down for 100 green ones.
I know I will...http://cdn.forexfactory.com/images/s...lling_eyes.gif
I want to take this opportunity to wish you all an exciting 2011.
All the best!
RegardsIgnored
DislikedAll the best!
I have closed all shorts for now - as I have mixed charts. Opened a little long position on UJ for some pips. GU still shows me short opportunity on the 1hr, but Daily chart is still long bais for me. So will stay on the side for now and look at other pairs.
Good luckIgnored
Disliked
Going away for a couple of days. Take care and trade well. ( I should listen to my own advice from time to time)
All the best!
RegardsIgnored
Dislikedi remain bearish on both pairs for the week.... British austerity measures, troubles in the government and in the central bank and a slower global economy point to a weaker pound...
Looking down, 1.5480 is now the first support line. It was the top border of the range that cable traded in in the last week. Below, 1.5350 provided to be a very strong support line. A break under this line means trouble for the pound.
E/u
looking down below 1.3334, the 1.3267 line provides support on the way down. 1.3180 is already stronger support, after working...Ignored
Dislikedanyone can help me,,
how the results and explanation of the U.S. ISM data,,?Ignored
DislikedFurther to my chart and post yesterday. I am now seeing that price has established new supply zone on M5...15518../15488.Ignored
DislikedSome good resistance at the upper part of that range , Kas also weekly pivot just 10 pips above @ 15528 and not forgetting 38% fib from the NYE move @ 15522 ... although there is a rising trend line to think about shown here on H4 and as we can see the last H4 candle was a spinning top and PA seems now to be turning up - I wouldn't suggest a short any lower than about 15520 right now assuming something like a 60 stop (just beyond daily pivot) and an 80 TP (roughly the area of this rising TL)Ignored