Hi Tony, that's right..it's a nice reversal off historic lows. The 4th candle hasn't closed yet, so it remains to be seen whether price can take out overhead resistance at once or it would have to first take a breather and retest lower support area. ...

Daily candle chart

LT Macro View Of Cable — Well...it's a long weekend...So here we go; A long-term Macro-view of cable. Here's a quarterly price resolution: After bouncing off her 2001 lows in early 2009, Cable rallied sharply and subsequently met and rejected ...

Daily candle chart

LT Macro View Of Cable — Well...it's a long weekend...So here we go; A long-term Macro-view of cable. Here's a quarterly price resolution: After bouncing off her 2001 lows in early 2009, Cable rallied sharply and subsequently met and rejected ...

Cable Update (GBPUSD)

Navin, you're long bro...?

Cable Update (GBPUSD)

NQ rather... NQ = emini nasdaq ES = emini s&p ....yup...Oil looks real cheap now...timing a good entry...

Cable Update (GBPUSD)

I bought some ES and EQ last night...if it closes again up like this I'll load up some more ES tonight as it' s lagging EQ right now...and leave it under the sun to dry.... sounds good eh, Chief?

Cable Update (GBPUSD)

S&P +1.1% Nasdaq +1.9% Europe +2.3% Oil +0.4% -------------- cable +0.37% is actually underperforming other markets....so obviously this rally has nothing to do with cable itself but everthing with risk-appetite being back on...

Cable Update (GBPUSD)

actually bro...somebody's selling dollars and buying everything else...lol

Cable Update (GBPUSD)

Next Time I should Do this Earlier....lol — Looks like missy likes it..she's getting funky..... Shake it Cable! Shake it! image

Cable Update (GBPUSD)

I wonder how hard he begged to get to do that move...

Cable Update (GBPUSD)

Freaky Friday!!! — Here's something to ease up the pressure....from craziness of this schizo cable missy... Cable should learn to move like this.... FreakyFriday!!!!!yoooohooooo... Move Cable! Move!

Cable Update (GBPUSD)

I hear ya bro....

Cable Update (GBPUSD)

You Are Right, Brother.... — Because I don't take insult kindly...(i.e. "you lot" this, "you lot" that) especially if it's pathetically empty, unfounded, baseless, ludicrously arrogant and impolite to other traders... Anyway....I think you're ...

Cable Update (GBPUSD)

But we were talking about this level the whole time just before NFP and you said go long on 600sma and Repeat.... now you leave us "LOT" alone and go biking???

Cable Update (GBPUSD)

Turveyd...It hit 600sma @ 1.6335, so now you are long!

Cable Update (GBPUSD)

that's a good one...me too...

Cable Update (GBPUSD)

Alright...to sum it up: M1 has the same weaknesses and strengths as any other T/Fs....its impact (negative or positive) is only faster, and more frequent.... NFP less than 30 mins. away!

Cable Update (GBPUSD)

OK...I see where you're coming from: switching successively to faster SMAs... but how do I determine when to switch and more importantly that it's not a fake to bounce back down to 600sma from up there...'cause I'd think something like that could ...

Cable Update (GBPUSD)

No...now it's 33 pips above 600sma... Turveyd said buy on 600sma! Where to buy if the market does not trade 600sma before going further up? Turveyd?

Cable Update (GBPUSD)

I love NFP fridays...pure education... OK...now I'm confused... Turevyd said buy on 600sma which @ 1.6335...what if the market never makes it there? where to buy then?...

Cable Update (GBPUSD)