Depends on TF. May be too early to tell. I am long Fibre for 80+ pips and long G/U against my style from 5757

Cable Update (GBPUSD)

Hi WB, Are you flat, as of yet? Just wondering? Any fibre trades 4 you? X-

Cable Update (GBPUSD)

To briefly change subject.. I have been watching GBP/AUD (if any one has nickname please share) Take a quick look @ chart.. edit= BTW- H4 char with day hi -lo outlined

Cable Update (GBPUSD)

Likewise here is an M15 chart using only a 50 period MA (blue) and a 20 Period MA as possible indicator for taking trades. Open Trade short cable @ appx 6074 when the 2 cross. Close short cable trade appx 5813 next cross. yield 261 pips per lot.... ...

Cable Update (GBPUSD)

Sorry I was just (doing a poor job of) abbreviating your name Being that you are into compression you "may" find bollinger bands interesting. They can be set according to your desires. I find it interesting how they pair up with multiple MAs. ...

Cable Update (GBPUSD)

ROFL! This pa sucks! edit: subsequently I am trading fibre.

Cable Update (GBPUSD)

Hi FxTrader, edit= fourxtrader I have been meaning to ask you if you use bollinger bands. I enjoy your compression posts/charts. I like using several MAs along with bollinger bands for certain short term trades. compressed.... Is that the same as a ...

Cable Update (GBPUSD)

No not daily for this trade! To me daily looks extremely bearish, slight retracement to "perhaps" 5850 or 6000 then plummeting down to 5500. Using primarily H1 / H4 for destination, M30 to watch, when bored, and M15 / M5 to enter. Only my view. What ...

Cable Update (GBPUSD)

No, I only take trades based on my analysis. That is very important to any trader new or old IMO. Thus, I agree with your sentiment. We (cable wise) need to see some retracement up before continuing down. I want to admit I got a bit killed on some ...

Cable Update (GBPUSD)

Hi Magix, So do you mean you will be looking to set up longs? Btw Fibre position was 5 lots. 2 remain open the other 3 were closed @ 90 pips for how long I am not sure!!!

Cable Update (GBPUSD)

I am not convinced of uptrend on cable yet... However I figured I would share my open positions. I went long fibre E/U last night from .4693 subsequently took cable long @ 5757 as well as closed a cable loser. basically even on cable trades I am ...

Cable Update (GBPUSD)

Thanks for posting all these links! I follow Gold/ & AG,PT,CU, charts too. Actually, metal lead me to FX!

trading801's Koala Forex Articles and EUR/USD views

Hey Dude, I agree with your sentiments. We NEVER really know. I feel ther will be some retrace and took a fibre long now up 8 pips on that sentiment. All my short term resistance levels for cable are broken. Need rest.. Best of luck to you all. See ...

Cable Update (GBPUSD)

Hey Tau Trader, hope all is well. Happy trading to you! Would love to see your analysis on cable edit. live and learn i should have left one lot open. I cannot complain tho.

Cable Update (GBPUSD)

I Fully agree with this level. However I learn every day. More from people like yourself. Perhaps I should post less. Thank you

Cable Update (GBPUSD)

I regret, closing. I intended for multi- day trade. However, I do NOT regret increased trading capital. Will look for potential short. Then may be long. Important "to me" resistance has been broken... Lets see if LDN shorts the sh!T out of this ...

Cable Update (GBPUSD)

NOT convinced on H4 of short position taking. We may hit 6100. Any thought?

Cable Update (GBPUSD)

I figured I would give an update: LOSS on 2 Wrong fibre trades. +40pip range. I want to share the good with the bad. Last fibre long served me right with evening out the loss. Fortunately. YEt. I could not resist closing the remaining 2 lots cable @ ...

Cable Update (GBPUSD)

Still long cable! Check out fibre... Wonder what the LDN BOYZ will say about this!

Cable Update (GBPUSD)

Why do we have to short here? I am still long from last post. One lot closed. 2 open. She will probably break back down a bit. However I may not close this trade for several days. depending. edit.. seems we are finding resistance @5975. If this is ...

Cable Update (GBPUSD)