I hear you bro, sometimes wish I never closed off my losers as they always come good in the end, the stop loss is preached by all experienced members but I often wonder if this is a way to keep us losing by limiting our exposure to MM randomness ...

Cable Update (GBPUSD)

Not fighting, and my last post was not mainly aimed at Maso but just in general too many people jump on a badwagon wholeheartedly after a hundred pip move and start predicting the end of the world as we know it, to do this before we even break out ...

Cable Update (GBPUSD)

Maso, i like you and have appreciated your strength of bearish conviction over the last few weeks where you have stuck to your guns. However, remember just yesterday we were challenging the highs and there was no sign of the bears on this thread ...

Cable Update (GBPUSD)

some interesting banter these last few days on this thread. All i am saying (which is the same as yesterday only during the bullish rally challenging the highs) is until we some clear support broken (1.511-1.509)i can not share the bearish hysteria ...

Cable Update (GBPUSD)

mmm, this is true good point

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current 4H candle will close in blue IMO

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and it seems your not alone 1.51 will be tough nut to crack

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1.511 proving to be a great battle, it has 1.51 whole number backing it up though too....

Cable Update (GBPUSD)

RSi and Stoch at their most over sold level for a decent while and i have to ask myself if the news from the UK earlier was really as bad as this? Im surprised some of the bulls Bones, Zircon, FX Mindset etc are not here predicting a decent uptrend ...

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they wish I meant easter eggs, must admit I really enjoy eating my wife, ha

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I know we spend a lot of time debating trends and lines of support/resistance etc but the more time I spend looking at charts the more I come to respect the RSI

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If we see 1.49 on Thursday it will mean the NFP was good and the UK extended asset buying, if this happens you might want to keep shorts open for the longer term

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I already ate them mate, it was tough on the kids and they cried the whole time. I actually think were more likely to go up from here and stick in this range until NFP Weak short term bull trend in longer term stronger bear market (with an even ...

Cable Update (GBPUSD)

Great work and charting,

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i think 1.511 is the line in the sand 1.281 for Euro too and they are both bang on. I think much of this is the potential pricing in of the UK adding to easing, if they dont then all of this willl reverse IMO

Cable Update (GBPUSD)

already closed and reversed, i think we will range until NFP

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Out when this touches 1.511 Spent most of yesterday being barrated by the bulls in here so this one was particularly sweet.

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Very true and it seems sentiment is 50/50 right now hence the deep discussion on FF and even amongst some more senior and respected members (such as your fine self). Dollar Index bounced from a similar level to here on the 25th of March and this all ...

Cable Update (GBPUSD)