GM - my vol indicator isnt working I was wondering if you could check a theory and see whether most of the big rises came when vol was low? Thanks for the help in advance - appreciate it

Cable Update (GBPUSD)

What with twice the up movements exactly 20 minutes apart on two different days - you bet its co-ordinated just like the stock market rally and stress test news release - clever but lets see what lies underneath - you can put all the rubbish ...

Cable Update (GBPUSD)

Hey Jack How is it going? My most conservative uptrend channel had said 1.545 as the upper limit to the upside - thats clearly been broken - I'm thinking now that Banks had a nice plan to get rid of their bad assetts by unloading it on tax payers - ...

Cable Update (GBPUSD)

I wrote a looong message here and it got deleted so Ill write a shorter version my thoughts 1)If the bull bank big boys have so much faith in GBP why did they wait until after asian session to make their move taking advantage of low volatility - ...

Cable Update (GBPUSD)

I know everyone thinks that its as simple as following the trend but as per my charts this has now overshot the uptrend lines - I know ive been bearish for the last couple of weeks (even though longer terms I think GBP would rise) this move has come ...

Cable Update (GBPUSD)

Pretty big shit came out already but was shrugged off like weak GDP numbers, additional QE, poor inflation - nothing has really effected the down movement. Bloomberg has a ridiulous article where it says UK is ahead in the game for recovery. That is ...

Cable Update (GBPUSD)

The bog boys have stopped it falling as they have big bets on - but the moment fundamental weakness arrives they will pul out letting it drop - UK Govt in crisis, no clear lead in party, no good ideas on recovery. BoE as the only legitimate leader ...

Cable Update (GBPUSD)

Hi Jack could you explain your reasoning? Regards Eric

Cable Update (GBPUSD)

Rav - your comments and graphs are extremely useful and I hope you will continue to post your thoughts - my opinion had been similar to yours but has changed slightly the last few weeks. The last recession recoveries were based upon 1)Technological ...

Cable Update (GBPUSD)

I'm personally expecting CHF resting place to be around 1.128 -1.135 - My institutional colleagues though have been targeting a bit lower.

Cable Update (GBPUSD)

This is exactly what I was warning - there will be some appreciation but CHF is likely to depreciate. If you dont have too much banked on it try and close position next move in your favour.

Cable Update (GBPUSD)

Banda/Jack - youre both good traders why havent you considered trading fulltime? Eric

Cable Update (GBPUSD)

Sometimes you can tell where they will interfere - when the situation is just too obvious - I usually look for longer time frames to look at trends and price action - The H&S was too obvious so there is an opp for a big player to make money by ...

Cable Update (GBPUSD)

I couldnt tell whether it will go further south then 1.515/514 - reason - I think the H&S pattern earlier on H1 was genuine but there was some price action which seemed suspect that probably ran stops - if the original H&S shoulder completed then ...

Cable Update (GBPUSD)

What was your masters in? I realise it is pretty difficult and lots of people are having issues at the moment. How is trading treating you?

Cable Update (GBPUSD)

Ive lost all interest in sports now - I played football (soccer) semi-professionally before doing a degree in physics and then post-grad in management and ending up finally in finance after 6 years in project management - and now I watch charts and ...

Cable Update (GBPUSD)

Urmmmm - theres always a 50/50 chance of that happening. Not all sharp moves have opposite moves. I would be careful especially on a pair youre not too sure about. CHF is overvalued and is likely to depreciate. Institutional tratders have been ...

Cable Update (GBPUSD)

USD gaining strength accross the board - check USD/CHF

Cable Update (GBPUSD)

Russians plus OPEC want prices higher - they might sell USD to make it cheaper (thye have huge hoardes) - infact I can see a currency war begining to start with the recent comments - hope retails traders like us dont get crushed on these whims.

Cable Update (GBPUSD)

H&S on the hourly TP 1.495?? Anyone else see it?

Cable Update (GBPUSD)