EST — EST = 5 hours behind UK and 6 hours behind CET

Daily Cable Analysis

don't understand the fall — today we learned that UK hits highest inflation for 10 years which suggests a further rate hike soon and then also get quite a $ - report. So why is cable falling like that? I guess it does not really matter to pure ...

Daily Cable Analysis

yes, we have a hammer or Pinbar on 1h which would suggest a long, but it's not a very reliable signal on timeframes < 4h, so I am staying out

Daily Cable Analysis

Hi and excuse my ignorance, but what timeframe is 150 tick please? - secs or mins? On my platform I have ticks as the smallest unit followed by 1, 5, 10, ... mins but I am not actually sure what a tick is. Also, do you use it a lot? I rarely go ...

Daily Cable Analysis

after the current slight retrace, NY will take it higher - most likely to the next fib as just projected

Daily Cable Analysis

Divergence also — We also have divergence on several timeframes, so I might go in short after deciding not to act on yesterday's PB

james16 Chart Thread

I think the scalping is over soon asthe range is getting narrower - I wonder when we'll see a breakout and more importantly which way! IMHO trading today is even less predictable then usual, so no idea me

Cable Update (GBPUSD)

freefall!? - bulls are still sure of 2.00 near term?

Cable Update (GBPUSD)

Thanks for clearing that up!

Cable Update (GBPUSD)

London Open @ 8.30 GMT — Monarch, are you sure London opens @ 8am? - I am pretty sure it's 8.30, ie in 5 mins from now

Cable Update (GBPUSD)

Monarch, Thanks for putting all in perspective for me. As a beginner, it's often tempting to assume that more experienced traders 'know' what's gonna happen. Interestingly, cable is back down @ 9610 as I write this - ie past your 9620 prediction, ...

Cable Update (GBPUSD)

Monarch, thx for your argument. But - maybe even just to play devil's advocat - what makes you so sure that the recent 9726 high is not the second double top and it's down from here?

Cable Update (GBPUSD)

Hey QS, so u don't think it will sink to ~9555 first today?

Cable Update (GBPUSD)

looks like the big boys weren't strong enough... next fib @ ~9560 now?

Cable Update (GBPUSD)

long? — no sign of the big boys yet...

Cable Update (GBPUSD)

Hi Fixmetoo I don't fully understand how your last 2 posts go together - first you talk about 9775 today, then slim chance of hourly chose >50% and hence short starting? Maybe it's just my lack of experience, but please explain - thx!

Cable Update (GBPUSD)

as the high @ 9712 was hit a short while ago price bounced of a TL on my H4 chart, the same happening with yesterday's high @ 9726, so I am not sure if cable will go higher short-term, especially if UK news in 1 hour is not good

Cable Update (GBPUSD)

Thanks Monarch, I also only started to consider fibs more seriously recently (there was just too much other stuff to take during my first few months of FX). As a small aside, on my chart the 76.4 fib is @ 9755 (rather than your 9743). More ...

Cable Update (GBPUSD)

9604 - I think now it has hit the fib! break or bounce???

Cable Update (GBPUSD)