I am speechless, but

Cable Update (GBPUSD)

Urrrrr.... I am too innocent to even notice that

Cable Update (GBPUSD)

1.8 or 2.8, I hope that I can see something historical in my life

Cable Update (GBPUSD)

Hehe, to strengthen this view, I would like to share some more charts. M15 and H1 As I said before I am not a VSA guy, but the pink Climax Churn bar looks quite interesting. According to url High Volume Churn bars are typically seen at: The end of ...

Cable Update (GBPUSD)

Doesn't look good for cable.

Cable Update (GBPUSD)

Also, quote from Citi: "The weekly close below there is therefore important and indicates further losses. The near term support level is 1.6693 followed by 1.6419-60 where the 55 week moving average (rising) effectively converges with the March ...

Cable Update (GBPUSD)

Food for thought: Notice the marked H1 candle, it actually has one of the highest volumes for last 6 weeks, last time we see that level of volume was on 18th June. I checked a few other platforms, OANDA and FXCM, all the same. Normally I don't trade ...

Cable Update (GBPUSD)

It didn't touch the bottom of the channel for more than two weeks, a channel like this is guaranteed to be broken to the upside

Cable Update (GBPUSD)

1.76 urgh...... Sh*t load of patience needed.

Cable Update (GBPUSD)

Feels like a big bang is coming. We are near month ends. I'd rather long than short from here, but need to watch a few levels, 1.6920 and 1.69, if these are not broken then it will be reasonable place to go long and target a retest of 1.7 and 1.7042

Cable Update (GBPUSD)

We have NFP next week by the way, dollar bulls might just be taking some profits off before the weekend.

Cable Update (GBPUSD)

Risk on, I got it

Cable Update (GBPUSD)

The support here is sufficiently strong. Remember we have UK prelim GDP in 1hr10mins, BOE upped their estimation, so market will pay attention. I suspect no real breakout will happen before that.

Cable Update (GBPUSD)

Good morning I hope to grab some from 1.6973.

Cable Update (GBPUSD)

London morning, cable run down to collect some orders before moving up. Old trick.

Cable Update (GBPUSD)

Monthly, we are touching the monthly pivot and May high. I am in a long scalp here, wait to see what's gonna happen.

Cable Update (GBPUSD)

Haha, I hope so. The past few weeks of trading cable for me is all about short scalp, and it was quite enjoyable, looks like this trade will continue for a while.

Cable Update (GBPUSD)

This is a triangle breakout, we still haven't got a decisive close below just yet. Descending triangle is a bearish pattern, so the odds is a break down, but for cable anything can happen. Sadly I didn't load up shorts this morning.

Cable Update (GBPUSD)

That's Cable trading at its best, no pain no gain

Cable Update (GBPUSD)