Closed 1.5845....

Cable Update (GBPUSD)

Well thats worked so far 35 pips tp on way down. now long @ 1.582 sl 1.581looking for 1.585

Cable Update (GBPUSD)

think we will see 1.5816 before any movement back up. Will look to re-enter long there

Cable Update (GBPUSD)

The gold standard bit is very interesting. Moving away from this in the first place makes you realise that money is worth jack shit or it isn't real in the first place. And in terms of devaluing currency, all we think of in the UK is how much do we ...

Cable Update (GBPUSD)

Whooaa easy tiger!! On H4 trend. it can go to 1.575 and still be a Higher Low and still respecting upward channel so we need to see if it will drop below that before we can call it a reversal. I can see 1.579 - 1.58 so far but as we know, all that ...

Cable Update (GBPUSD)

So sorry to hear this Tau.

Cable Update (GBPUSD)

Red, first of all, let me say that I admire and respect your analysis and ability to read PA and have read a lot of your posts. But isn't trading all about individual views and opinions and the ability to read reversals? The trader who was short ...

Cable Update (GBPUSD)

yes but its good to give your mind something else to do. Interaction with humans keeps you fresh

Cable Update (GBPUSD)

Read with interest PTs intentions. I have an import/export business but after initial hard work, I now only need to spin the wheel every so often as I get recurring revenue. Now find I spend more time trading, have slowly built a nice account, but ...

Cable Update (GBPUSD)

Yep but again looking at H4, HH may be and I repeat may be top of hill for now and small retrace sideways move back to supporting TL (1.572 - 4) to regain momentum for next hh. Who knows?

Cable Update (GBPUSD)

Now that did take me a few minutes to work out. Thought all the numbers were in Russian or something

Cable Update (GBPUSD)

i know buddy, read a lot of your threads

Cable Update (GBPUSD)

by the way, that was a dig at the banks and the way they forecast...nothing more than that

Cable Update (GBPUSD)

you dont need help PT, well not with your trading anyway

Cable Update (GBPUSD)

Do these guys look at the charts before spouting off off course, they may be right, its only a spike...right? Quotes from Societe Generale Cross Asset Research: -Sterling may also face choppy trading today, with the release of the PSNBR and ...

Cable Update (GBPUSD)

if H4 level holds, this will be a HH?

Cable Update (GBPUSD)

it needs to get through the 350 - 500 barrier first and if it breaks the 50% fibo, there isnt much to stop it hitting 1.59

Cable Update (GBPUSD)

Careful of that one. News at 9.30 and UK Government has reigned in the horns so much that the savings already reported here as greater than anticipated so figures may be a little...... err fudged. They have also reported that the savings have been ...

Cable Update (GBPUSD)

Please guys, lets move on. We all have our faults and individual personality traits but from what I see many of you and yes that includes Faller contribute a lot of interesting views that help us all develop our trading skills. It takes all sorts in ...

Cable Update (GBPUSD)