Long from 1.5910 - SL 1.5875 - Target = blue sky (We need good data out in 7 mins to send the cable north)

Cable Update (GBPUSD)

I trade my rules - IF, big if, We get a hammer off the 618 FIB around a cent mark on the 4 hour this is a bullish signal - then I enter for a buy. If not I stay out.. quite simple.

Cable Update (GBPUSD)

Pop out of the office for an hour and look what happens - Now I'm looking for a hammer to form on the 4 hour at the 1.6100 level in 2 hours. If it does I'm gonna climb in for a long. If not I stay out

Cable Update (GBPUSD)

Personally I don't like it - doesn't meet my criteria.

Cable Update (GBPUSD)

can u post it? I think I was looking at the wrong time frame.

Cable Update (GBPUSD)

Nope, not yet - Left shoulder and head, but no right shoulder yet. if it goes back up right shoulder could form. My rule for H&S is that it must = or be lower than than the low between the lft shoulder and the head - same as a crown. Other people ...

Cable Update (GBPUSD)

What time frame you looking at. This is my 8 hour with Fibs, the blue area is THE BUY ZONE - but only if I get a bullish Candle formation.

Cable Update (GBPUSD)

We are at the bottom of the range that it's been trading in for a while, so think a short now would be risky. It will hopefully break the 1.6100 in the US session today. Then look for a buy formation. Patience is the name of the game. A missed trade ...

Cable Update (GBPUSD)

I'd like to see it form a bullish candle to BUY between 1.6100 and the 618 fib on the 8 hour at 1.6070. Then I'll climb in on the northern line. Are you still long?

Cable Update (GBPUSD)

This is like fishing, got a few nibbles but waiting for the big one.

Cable Update (GBPUSD)

Good luck with your buy - think it's a good move as it's close to the bottom of the trading range.

Cable Update (GBPUSD)

I'm out - see ya all tomorrow.

Cable Update (GBPUSD)

Dito

Cable Update (GBPUSD)

I'm holding my short - news not that bad because although unemployment claims are worse than forecast, they are better than the previous month. So think impact will be negligible. Just hope the bankers of the world see it my way.

Cable Update (GBPUSD)

They just need to be better than forecast.

Cable Update (GBPUSD)

All aboard - The train leaves the station in 20 mins. Think it will be south bound.

Cable Update (GBPUSD)

Yip and if my 4hour, which closes in 1.5 hours, keeps / closes as a shooting star I'll load up some more shorts. The US Session should bring us back to at least 1.6200, if we get the shooting star. - Enjoy the ride!

Cable Update (GBPUSD)

This is what I'm seeing - sorry I said 4 hour, in my previous post but it's clearer on my 8 hour.

Cable Update (GBPUSD)

I normally set it to 30 pips above the highest candle. But lots of resistance in the way (1.6283 and 1.6312 which is 4hour .618 fib)- My stop loss is currently at 1.6350 which is way too high, but if it breaks above that then it will go... This is ...

Cable Update (GBPUSD)

moved stop loss and loaded another short - hope it's not a huge mistake!! Target 1.6200 (Figured market is moving sideways and it bounced off the 4 hour .50 fib)

Cable Update (GBPUSD)