If it flies non-stop, next destination will be 1.5384 projection high.

Cable Update (GBPUSD)

This bull's got really strong thrust. Establishing long positions on pullbacks provides better Risk/Reward ratio.

Cable Update (GBPUSD)

Break above 1.5179 resistance produced a handsome rally thru 1.5305. All else remaining equal, trying to buy on pullbacks.

Cable Update (GBPUSD)

Overhead resistance cleared.

Cable Update (GBPUSD)

1.5179 overhead resistance.

Cable Update (GBPUSD)

GU is directionless pre-London open. Ranging between 1.5094-1.5154

Cable Update (GBPUSD)

Hi kingindian,I agree the market is undecided as of right now. Some more price development needed to clarify things a little more. Flat for now.

Cable Update (GBPUSD)

Hey folks! GU Bearish momentum is continuing to decrease. Higher lows on H1.

Cable Update (GBPUSD)

AU short exited @ 0.7591 => +43 pips.Flat in all pairs.

Cable Update (GBPUSD)

stop move down to 0.7614 in AU.

Cable Update (GBPUSD)

Looks like GU is not really wanting to fall anymore. AUDUSD still short @ 0.7634 SL @ BE.

Cable Update (GBPUSD)

Hi Everybody: 1.5134 to the upside and 1.4946 to the downside Cable breakout level for later on today....??....

Auslanco - GBP/JPY and GBP/USD (newstrade)

half of the long position from 1.5080 thru 1.5190 -> +110 pips Exiting the other half @ 1.5150 -> +70 pips

Cable Update (GBPUSD)

Offloading half of the long position from 1.5080 thru 1.5190 -> 110 pips

Cable Update (GBPUSD)

1.5090 still a strong support and not broken yet. just been tested.

Cable Update (GBPUSD)

Trend still is up. Buying on dips.

Cable Update (GBPUSD)

I am talking about the 4 hour chart above. The inverted hammer there might be providing bullish pressure. What do you think?

No Brainer Trades

On the H4 chart the inverted hammer is violated to the upside. more bullish than bearish??

No Brainer Trades

Remember the above outline refers to the long-term picture. Intraday or short-term moves have their own distinct mechanics.However, when faced with ambiguity and apparent "illogical" market action it might be useful to fall back upon the longer-term ...

Cable Update (GBPUSD)

Price Action since start of the year — Current momentum is to the upside. Of course it could reverse abruptly at any time but Newton's law says: a body maintains its current velocity until some external force is exerted upon it...

Cable Update (GBPUSD)