Hey Dr D, Happy New Year, Love those charts. Hope she doesn't stay like this!!! Like the last multi day range, looks like it's edging down a bit. We'll see! edit: never surprised by FX anything happens...

Cable Update (GBPUSD)

Thanks for posting the diamond! I was wondering the same thing... Cable range basically unscalpable ATM. We need a break. Dragon continually rejected @ 144.80 Area of resistance.

Cable Update (GBPUSD)

No, we do not. The GVMT likes to F-things up though, Just like Obama tanked the Equities market recently... Tomorrow there is a speech... Yikes. ( The State of the Union.) Plus we are not the CFTC!!! If 10:1 Goes into play the people in GVMT and the ...

Cable Update (GBPUSD)

Maybe not just yet, If range opens up a bit and holds may offer some scalping opps... what was the entry if you don't mind? I am holding a few long pips. and Some Aussie/ Dollar.... Would like to see cable at least break 6170 in the immediate sense. ...

Cable Update (GBPUSD)

LOL Take a look @ Fibre m5 from NY session! Btw Thank you guys, nite.

Cable Update (GBPUSD)

True! And on cable bounce hit 6250/45 Resistance area Dead on! By the smaller Fibo plotting I mentioned earlier, which just happens to be around the 50% mark! (10/15 pips below) (Small Fibo plotted @ pivots High 6455 Low @ 6075.) Plot these on the ...

Cable Update (GBPUSD)

WHOMP!! CHECK OUT DRAGON!!!! The perfect bear trap! Pays to wait for entry! DR D? Might you have a compression chart? illustrating the breakout? THX edit: Looks like asia didn't want to lose just ALL their money before the LDN Boys, grab hold!

Cable Update (GBPUSD)

Some Cable Related News — BBC UK / World feeds [QUOTE]UK's exit from recession set to be confirmed Unemployment fell to 2.46 million in the three months to November Figures due out later are expected to confirm that the UK came out of ...

Cable Update (GBPUSD)

EXACTLY! This is all BS. No news backing it up. Just Profit taking and perhaps some manipulation. Usually this market does not move this fast down. Cable was rejected. However... Check out. Aussie, Dragon, Fibre...?? What is driving dollar strength ...

Cable Update (GBPUSD)

Cable Rejected.... This was a nice short... Too bad I did not take it in an effort to not overtrade... Welp DAMN rules....... ! "fibre" range all day then break.. Seems all breaks being heavily sold. Yet, Cable, could be gaining momentum to break ...

Cable Update (GBPUSD)

All the talking heads on business News / Cable / 24 Hr news try to talk up the state of the US Economy. When It is Clear WE ARE STILL in the WEEDS.... POOR home - POOR Jobs - More layoffs. Yet it is clear when China decides to "cool off" and Obama ...

Cable Update (GBPUSD)

Hello All, 6250 is a significant level I am looking at for cable first in the immediate as resistance. However, the same 6250 held as decent support on our last leg up to 6420 (next resistance) area. Should we breach 6250 I will be looking further ...

Cable Update (GBPUSD)

This was one of the most wild news releases I have seen for a while. Today, EUR/USD sentiment was to the short side. Struggles with Greece's Credit etc. GBP/USD Seems to be consolidating as well as dragon --- Cable off new highs. Yes 6250 is the ...

Cable Update (GBPUSD)

That was some wild stuff!

Cable Update (GBPUSD)

Where do you expect this to lead?

Cable Update (GBPUSD)

I know many here enjoy shorting cable. However this has been a strong upmove as of yet. I personally would be wary of strong short positions without definitive confirmation. (This may mean different things depending on style and TF) Retracement is ...

Cable Update (GBPUSD)

Looks Like no one is selling her yet. Which means we may burst up again if sideways movement continues. For those who use bollinger bands, on M15 there was a nice constriction before last break! Quick chart attached. Similar to compression of ...

Cable Update (GBPUSD)

Dragon just followed recent cable break! Damn... wasn't there for entry. There was some nice correlation yesterday, seemed they fell off while I was out. Late LDN. Edit: There goes 6400!!! Some nice XAU/USD action to the north tonight.

Cable Update (GBPUSD)

Hello all, I do not see as of yet any reason for major pullback. Still charting, though. On correction I am expecting buyer's @ 6300 and more below if we even get there. Longs kept in play and buying the dips for now. Potential short term target 1 = ...

Cable Update (GBPUSD)

Actually tonight I don't think it will be - could be wrong - But there have been many session crossovers from aussie/asia to LDN where I have seen the trend going up naturally, then Asia begins to sell, in anticipation and perhaps profit taking ...

Cable Update (GBPUSD)