Volume' been showing buy on dips all day long today...it dropped nonetheless...because today everything revolves around the dollar and soon as CBs stack up on their dollar longs we get sporadic drops...and then there's this vacuum and cable gets ...

Cable Update (GBPUSD)

As schizophrenic as this pair has become in the last couple of days It wouldn't surprise me if it turns out to be a headfake snaps back and squeezes all the shorts & LDN gone home too...so I prefer to sit this one out and have a drink... Cheers

Cable Update (GBPUSD)

usually H1 is my favorite TF currently I am more lenient towards the bulls. It was a different story couple of months ago.

Cable Update (GBPUSD)

so when the central banks get involved in the currency market then one should get out of their way...as expeditiously as possible I may add... dollar: 81.236 +0.933

Cable Update (GBPUSD)

I give more leeway to the bullish setups than bearish ones in the current environment to avoid headfakes.

Cable Update (GBPUSD)

Looks more and more that way...in the medium to long term

Cable Update (GBPUSD)

That's right...as long as price keeps above 1.6290 my bias is bullish for today

Cable Update (GBPUSD)

Bloomberg says Russians endorsing the dollar. 81.056 +0.785

Cable Update (GBPUSD)

I think that's one more reason for the bulls.

Cable Update (GBPUSD)

Coming up: TIC Purchases & Geithner Speaks.

Cable Update (GBPUSD)

Correct...if today's low is violated the bullish scenario's out of the window...Until then will keep an eye on 1.6470.

Cable Update (GBPUSD)

E/U is swinging between 1.4700 - 1.2500 consolidation zone. It doesn't have enough steam to take on late last year's post fed IR cuts to zero% highs. It will eventually break below 1.2500 and ride down through parity and even lower.

Cesarnc's market talk, gossips, rumours & fun

Nothing overly dramatic has happened since this morning. Price is chopping away within the congestion zone.Retesting the lower bounds of the zone. 1.6470 still a viable short term price objective.

Cable Update (GBPUSD)

Crude is still pretty bullish. I'll keep my longs.

Cesarnc's market talk, gossips, rumours & fun

Bullish target within the consolidation zone 1.6470

Cable Update (GBPUSD)

Thnx, you too. My feeling is, 4cfx, that we're gonna consolidate some from here, i.e. no major trend establishment. Price gonna consolidate on the edges of the range. After doing that we shall then see breakout (remember primary trend is still up).

Cable Update (GBPUSD)

Monday Morning Cable Recap — Happy New Week to All Fellow Traders: Cable broke its weeklong bullish channel on friday and is now consolidating the gains.

Cable Update (GBPUSD)

LOL...This picture of the Matador reminded me of this joke: As you know oxtail & ox testacles soup are considered a delicatessen for the rich and not so rich. So this guy walks into a fancy restaurant near a corrida place, and orders ox testacles ...

Cesarnc's market talk, gossips, rumours & fun

Happy Birth Day, Brother! — Now...Girl...What are you supposed to say to my friend? Good Girl! Yea...

Cesarnc's market talk, gossips, rumours & fun

Price action missed bear target by 15 pips. Flat above inverted hammer almost halfway through the range.

Cable Update (GBPUSD)