Does anyone think that the support just under 2.07 hit in 1979 will have any effect in present trading? Is 20+ year old support/resistance worth looking at?

Cable Update (GBPUSD)

I'm also long at 248.9, but i wouldn't rule out a 200-300 pips more on the downside. Especially on this pair.

Daily GBP/JPY analysis

I believe 100 pips will be the minimum, eh make it 120 pips.

Cable Update (GBPUSD)

hmmmm, just made a new high and people are talking of shorting?

Cable Update (GBPUSD)

hmmmm. I'm assuming you will be using very high leverage. I say you have a one in a thousand chance if any chance at all. I guess if you have a one in a thousand chance than you will break even if you blow 999 accounts and reach your goal in just ...

100$ -->100,000$ (period: 12 months)

pinchapip, according to the chart you posted, you think that it will move from the right side of the chart to the left?

Cable Update (GBPUSD)

Don't waste your valuable time and money reading Al Gore's garbage.

"Probabiliy neglect" phenomenon

2000 pip decline in one week is something I need. I'm sick of getting my rush from throwing water balloons at cars.

Elliot Wave Trading

I'm with you on that one fender. I'm seeing a test of the longterm uptrend line.

Daily Cable Analysis

Nzd/usd — Itme, are you still looking for .72 on the NZD/USD?

Low Risk, High Reward Trading Experiment

I think we hit the top here at 9495ish. London open should give GBP another whacking...

Cable Update (GBPUSD)

finally we broke 9460...... now our 123 formation is in play! 9200 in next couple of days????

Cable Update (GBPUSD)

BTW, if we break 9464 that that gives us a target of 9202, 30 pips above those fibs in the chart I previously posted.

Cable Update (GBPUSD)

forexnovice — You and I are seeing things a little differently. On the EUR/USD daily chart I am seeing a 1-2-3 formation in play. This should take us down to 1.2963. The GBP/USD on the other hand has been more resilient than the EUR/USD in the ...

Cable Update (GBPUSD)

I am short, with a target of 1.92, notice the two fibs within a couple pips of each other just below 1.92.

Cable Update (GBPUSD)

69!!! Baaaaaaahahahahhahahahahahahahahahahahaha

Cable Update (GBPUSD)

is china really this stuipid? — selling usd at the lowest point in 19 months??? based on what? because the eur and gbp have had a nice run? china is just pulling our legs.

China, China China

If the republicans are elected that will be dollar negative, and positive for the stock market. Republicans will cut more taxes and pile on more and more debt. and running the printing presses 24/7, thus deflating the dollar.

$ For The Week of 11/6-With Trade Ideas