Or was it the fact price hit a 1.27 fib extension....who knows

Cable Update (GBPUSD)

Only 230 pips up from last week. Cheers to you guys taking the longs. For someone to sell someone must be willing too buy. If price is moving down who's buying. Food for thought

Cable Update (GBPUSD)

Can't understand why your still trying to pick bottoms

Cable Update (GBPUSD)

I advise any newtrader to try and not pick out bottoms or tops and trade with the trend, there is absolutely no reason to be bullish on this pair, even if you was to counter trend trade there is still no reason for bullish bias as of yet. Study the ...

Cable Update (GBPUSD)

I'd be wary of buying UJ at the mo yes we've broke a daily trendline and yes we've made a HL however untill that HL is broke and closed above this simply could be a double top in a proven downtrending market at a 88.6 fib ratio. People where trying ...

General Trading Chat / Ideas

Price is making LL and LH it's in a downtrend at the minute the only hesitation we've got now is we've made a HL and also broke the daily trendline if that HL gets broken and closed above I'll be waiting for retest to take the long, it could turn ...

USD/JPY Discussion

1.2096 is my 1.618 target I posted back a few days ago........when everyone wanted to long :/ hope you made some cash pennies for the weekend bud sticking to the sells

Cable Update (GBPUSD)

I've been banging on all week too you guys to sell, Moty I feel your pain mate. It was clear to see bearish trend double too from the 38.2 price making lower lows, the triangle we had yesterday which I drew up. Learn raw market movement rather than ...

Cable Update (GBPUSD)

Fair play Moty sitting in that drawdown it's not something I could do. Daily bearish new lower low rejection from 0.382 blah blah been through that, more food for thought though triangle appearing on the one hour......please stop trying to buy this ...

Cable Update (GBPUSD)

Anyone tracking NC

General Trading Chat / Ideas

A very complicated chart with volume profile indicator

Cable Update (GBPUSD)

Indeed, well I'm up 101 pips from GU this week so far I'll take that lol

Cable Update (GBPUSD)

Guys still trying to bottom pick holy shuffle

Cable Update (GBPUSD)

Night all!

Cable Update (GBPUSD)

Still not sure where people are getting these bulls exploding from. I'll post this so it's clear for you guys, New lower low created price pulled back to the weekly 38.2 and shows rejection via a double top which is clear as day. Rejection from a ...

Cable Update (GBPUSD)

So many traders trying to call bottoms these past few days. Why not just trade with trend and read price action.

Cable Update (GBPUSD)

I'm still short, potentially right shoulder of a inverted head and shoulders, I'll hold and see what happens near the left shoulder level. If it breaks that makes a new low I'll look to my extensions for TP. Price action shows this is still very ...

Cable Update (GBPUSD)

Price action, rejection from daily fib pullback to the 38.2 counter trendline break on the 4 hour now we have a double top with a neckline break very risky to be longing

Cable Update (GBPUSD)

So this is what I have drawn up, if it breaks that 38.2 it will break the previous structure level I'll then look for the pull back and the retest to take the long (this is a weekly Fibonacci I've drawn up as you can see the 38.2 is a strong ...

Cable Update (GBPUSD)

Hey buddy how's tricks? It could be however I'd want to see a strong close above 1.2760 then a weak pullback, my bias is down though looking on the daily timeframe price made a lower low and has pulled back to 38.2 fib, drop down to the 4 hour we've ...

Cable Update (GBPUSD)