right on the money! they're trying to scare the hell out of people to sell here...remember they got a 1.6500 option rolling off today or 2moro so they're keeping it as far away as they can..

Cable Update (GBPUSD)

Trading is Believing! Rock on, bro...

Cable Update (GBPUSD)

I, too, think we haven't seen the long-term bottom of cable yet but I'm not sure as to when that's gonna happen. Do you have any specific reason to believe why it's gonna be december?

Cable Update (GBPUSD)

I believe immediate reaction towards at least 1.6471 should be in the cards...

Cable Update (GBPUSD)

To each his own, bro. As long as you're confident and happy with what you do, more power to you!

Cable Update (GBPUSD)

I'd rather see it as a case of shaking out the longs along the way...after having ditched them laughing all the way up...that's why PA looks so tormenting for both camps...you might say Ms. Cable's got a mild case of sadism this week

Cable Update (GBPUSD)

here it is...finally... the long awaited pop...

Cable Update (GBPUSD)

well...that's what bi'"!*s usually do...

Cable Update (GBPUSD)

well...think again...

Cable Update (GBPUSD)

I just came across an interesting assertion by the author while reading: "EASY THINGS ARE HARD" just stop and think about it for a minute...

Cable Update (GBPUSD)

Almost ripe for the picking....

Cable Update (GBPUSD)

How's it goin' buddy they just gonna rip it the minute the last remaining bull throws in the towel...but just overhead looms yet another resistance zone not too far away... C'est la vie!

Cable Update (GBPUSD)

you're right it defies common sense...but...and this is a big but...don't underestimate the power of printing money by the CBs, theoretically Dow could go to 100'000 on worthless dough...still dangerous though..not that they haven't pulled that one ...

Cable Update (GBPUSD)

Very accurate observation,Tony my friend...there's an underlying dynamics going on right now which needs to be done namely position adjustment...on a day like this one should be careful to not get caught in the proverbial "not seeing the forest for ...

Cable Update (GBPUSD)

Hi albchr, sorry about the late reply...I was away from my workstation....the gap was +53 pips... friday close 1.6422 open sunday 1.6475 with me here cheers

Cable Update (GBPUSD)

Cable is trading @ 1.6475 right now ... this is a gap of +53 pips from friday's close.

Cable Update (GBPUSD)

How're you doing, Navin...I also agree with your take on the range. Typical summer doldrums but that's right August & September can get fast & furious...Had it not been for the spoiler more than twice worse than expected Q2 GDP we would have been ...

Cable Update (GBPUSD)

you said you hedged your longs w/ 2 lots @ 1.6394 that means your longs still running w/ an AvgPrc of 1.6494 (== -72) if my calculations are correct and your short position under water -28.Overall picture is this: we're trading in a range so you ...

Cable Update (GBPUSD)

You too...

Cable Update (GBPUSD)

'll need for the dust to settle and wait for a fresh new signal...

Cable Update (GBPUSD)