DislikedIt failed to break 1.5900 in momentum trade. so it will only come down now. no other way.Ignored
"Will only come down"
"No other way"
Cable Update - Continued 102 replies
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Cable Update (GBP/USD) without Idiots 23 replies
Why is GBPUSD called cable? 66 replies
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DislikedIt failed to break 1.5900 in momentum trade. so it will only come down now. no other way.Ignored
DislikedI keep seeing higher high and higher low in GU's M5 tf ... looking forward to London's open
donny
@GMT +7 1:45pmIgnored
DislikedRather than just post silly comments as per my previous post, I thought i would share a view that has been held for some time by myself and others (one of whom identified the pattern some months ago).
For those who understand these things, the view is that cable is currently in an expanded triangle on the daily/weekly/monthly. Such a pattern usually comprises 5 legs, an A, B, C and so on. Each leg is, in turn, comprised of 3 waves - a,b,c. Wave C is usually the most vigorous and at least one wave (normally B or D) is somewhat complex. So far,...Ignored
Dislikedthe move on the upside to the extent of 30 pips has surprised me. now i am looking for 1.59. i still think it is bearish.
holding my shorts @1.5872 since friday.Ignored
DislikedStill in, would be nice to see 5950 or even 6 today...
Lets see if she can break through 59 first, looks like its had a big enough reload...Ignored
DislikedFrom that, I guess you didn't understand my post. I probably posted in the wrong thread.Ignored
Disliked5780 looks to be of some importance here. Last bar right at 50% of last one also..I'm looking for some clues here too...GL!Ignored
Dislikedu will ..the bull flag to me has broken to the top side..last 4hr closed outside the trendline..if people notice it other than myself..then buyer should enter and 1.5960-1.60 we should see..
data should also support the move..journalism is starting to swing
edit:- if people wondering what the hell:- connect trendline on 4hr u will see the flagIgnored
Dislikedlooks like Navin is a GOD over here. GOD who has come from heaven and who knows everything abt the pound moves. Maybe he calls the queen everyday and discusses his position.Ignored
Dislikedu will ..the bull flag to me has broken to the top side..last 4hr closed outside the trendline..if people notice it other than myself..then buyer should enter and 1.5960-1.60 we should see..
data should also support the move..journalism is starting to swing
edit:- if people wondering what the hell:- connect trendline on 4hr u will see the flagIgnored
DislikedCable dropped to 1.5811 late NY session where she found support on the back of UTL extending from Feb 23.
Minor DTL also broken at 1.5840.
Overall PA forming a bullish continuation pattern,
Long positions favored at this point.Ignored
Disliked5880 will be a hurdle so will 59, 5926, 5950, 5980, there will be alot of resistance at these areas in my humbling opinion.
However, keep going north you slaggggIgnored