oh my — Spike came right back to the weekly trend line and made a nice 1,2 wave. Whatever the reason behind it, just look at the Technical part of it and trade what u see. 350 to 1.5400 would be a place to look short. With ur stop above the ...

Cable Update (GBPUSD)

Come in from time to time to see how the old chat room is. I still see it really has not changed, everyone trying to learn but then the few that want to fight and put others down. But all in all a good place to learn.

Cable Update (GBPUSD)

Hey Navin so how is ur trading going ? I see u r still on here. Hope u r still not holding losing positions forever. I think will still have an up move for today, as long as 1.5150 holds. Might see a double top or 225 tested again, before we drop to ...

Cable Update (GBPUSD)

short — If it breaks 590, we should head down if not then short at 640 to 650.

Cable Update (GBPUSD)

short — Should be looking to short at 620 - 625. SL at 650 to 685. with a TP at 465. Have a good night.

Cable Update (GBPUSD)

closed at 420. 15pips

Cable Update (GBPUSD)

Stops — If u r not using any stops u r really looking for trouble.

Cable Update (GBPUSD)

now move ur stop to break even , u have a free trade

Cable Update (GBPUSD)

perfect scalp, buy at 405, stop at 390 take profit at 430. nothing risky about that.

Cable Update (GBPUSD)

trade what u see — Hello folks, I have been reading the post and to much surprise see a lot confusion, which is were I was over 2 years ago when consolidation happen. Like I stated in a post earlier I sold at 450. I thought it would hit the ...

Cable Update (GBPUSD)

You are right there is nothing spot on in this business till u close a trade and u make money. But I have learned in the years to read the charts pretty good. I can almost eye ball them and recognize what is going on. Price tells u everything , but ...

Cable Update (GBPUSD)

channel — Oh yeah go to u 4 hr or 1 hour chart and draw a trend line from the last 2 highs and the last 2 lows and that is the bearish wedge I was talking about last night forming. Like u said wormboy if the 470-480 holds, if should come down ...

Cable Update (GBPUSD)

Well for a solid short we need to get by the 1.6400 area and it is having a hard time. I think 1.6350 is a good place for a bounce then up to the 1.6460 - 90 level, to take out some short stops then down again into the 1.6070 area.

Cable Update (GBPUSD)

Sorry the 650 is 1.6450 my mistake, yes the 480 is the 6480.

Cable Update (GBPUSD)

london close — 2 mins before the london close. Lets see what way the big boys are going selling off taking profits or still buying ? Will they show there hand ?

Cable Update (GBPUSD)

I am also seeing a slight divergences on the 1 hour also, very slight. But none on the 4hour or daily.

Cable Update (GBPUSD)

Well 650 seems to be holding for now but it has hit is pretty hard, without a decent move down. Price action is showing a little re tracement, but we may see 480-500 before a move down. What do u think ?

Cable Update (GBPUSD)

Till next time good luck to everyone and once again not looking to disrespect anyone. I may be trading for 4 years but we are all still learning. Do not ever think u know enough. Another person u should look at is Steve Nison's candles for the ...

Cable Update (GBPUSD)

Chances are very good but it all depends on price and what I am seeing. You need to learn price action ( james 16 is a great place to go on the FF and learn some EW and patterns

Cable Update (GBPUSD)

It may go down to 325 , but good call lion.

Cable Update (GBPUSD)