Yes, agreed.

Cable Update (GBPUSD)

"And what are the BOE and UK policymakers doing?" Italy, Germany, France has larger Debt to GDP ratio then US as well, but still EURO is flying high. I think US GDP # has to be divided by 10..US GDP # ballooned by DEBT People were spending money ...

Cable Update (GBPUSD)

"where we can share different views without being degrading or insulting." Hmm, don't see anything insulting in my post. Yeah, I'm from the Moon, searching for water and internet I'll stop posting, if that makes you happy, no problem. Good luck.

Cable Update (GBPUSD)

Which planet you leave on? Dollar going down the drain don't matter what your Picasso charts are showing.. Dollar will sink to $1.60/EURO like last time or even lower.. How you think Pound will drop to $1.45 based on that? Or you think FEDs will ...

Cable Update (GBPUSD)

Yeah, I'll take Resistance #2 around 1.6149

Cable Update (GBPUSD)

I don't know about chart but 4400 level as the first target could be if Market collapsed, we'll see.. Every time EU drop 100 pips or so there is huge line of buyers. Great though, if it could drop into 1.44 area, I'll be all over it.. Thanks

Cable Update (GBPUSD)

We'll check on that on Monday - Tuesday. And it's Monday, October 12 Columbus Day BTW what is the best way to hedge GU long? Short GJ? Any idea? Thanks.

Cable Update (GBPUSD)

Charts and indies has about same accuracy as gut feeling Yes GU could drop to $1.53 and also can rise to $1.62. I would watch EU in that matter.. If EU will move higher, no reason for GU to drop it's already out of whack in terms of EU/GU ratio... ...

Cable Update (GBPUSD)

I don't care what charts says, but if Euro holds in $1.47-1.48 area You not going to see much drop of "Cable". Jawboning effect will lose it's power in 24 hours and It's pretty much clear, that we can see EURO flying over $1.48... Why would GU drop ...

Cable Update (GBPUSD)

"Not very surprisingly, CNBC reported last night that: "Asian central banks bought U.S. dollars early in the global session on Thursday to weaken their own currencies, traders said, as the slumping greenback threatens smaller export-driven ...

Cable Update (GBPUSD)

Why would GBPUSD should drop to $1.53, if EURUSD still at this level? I Personally think we might see final push near $1.50/EURO area And anyways, why GU pair called "Cable"? What is the story behind it? Something to do with Cable TV? Or which ...

Cable Update (GBPUSD)

I don't use it, I use CCI (14) instead.

Cable Update (GBPUSD)

It's maybe bearish on your M30 or H1 but on my Daily chart it's looks OK: MACD green, RSI up, trade line is up too.

Cable Update (GBPUSD)

If DOW still green even on Friday.. Monday it will rocket higher. I think DOW will reach 10,000 before any correction happens, that's probably the "plan".

Cable Update (GBPUSD)

And my bet GBPUSD 1.6150 next week. Not sure, how you think it will drop to 1.5300 with EURO at $1.48/EUR?

Cable Update (GBPUSD)

Steve, do you read when I talk about downtrend and uptrend? You have to apply BAND indy look what I have on my screen In that particular time UJ pair is in clear downtreand and I showed to you earlier what you have to look on: swinging pairs from ...

EUR/USD Scalp 1 min

"How do you give up and take a loss? Has this happened? How do you manage it?" #1 I'm trading mini-lots 1 pip move represents $1 #2 on your screen shot there you got to start buying pair on the bottom not from top when CCI is over +100. You have to ...

EUR/USD Scalp 1 min

Talking about USDJPY look at CCI(14) every time it hits like -300 + it always rebound you can scroll to the left and see. I think it could go lower again this time maybe in 87.20/1 USD Area, but besides trading and charts you have to keep in mind ...

EUR/USD Scalp 1 min

Yes correct, I sold those 2 positions when price went up and then place another 2 "LIMIT ORDERS" which has not been hit yet. I use Interbank FX

EUR/USD Scalp 1 min

Ok, Steve, nothing is complicated here. Answers: 1) Actually, you can just forget about M15, ok? I just show you that to see detail on how orders are placed.... Daily TF doing the tricks, while on 5-15-30 TF and so on using BBANDS is just like ...

EUR/USD Scalp 1 min