GBP-USD — GBP-USD hit the 50% fibo at 1.4271. Next downside target is at 61.8 fibo 1.4218. Upside is at 32.8 fibo at 1.4314

Cable Update (GBPUSD)

GBP-USD — Right now trading at 1.4312. This is heading towards 1.4266 which is at the bottom of the BB on the 1 hr. Maybe a nice time to get at least 50 pips.

Cable Update (GBPUSD)

GBP-JPY — Using Ichimoku with chinkou span plots of S & R. For those thinking long need a break above 133.84 then target 135.38. Shorts would target 131.82

Auslanco - GBP/JPY and GBP/USD (newstrade)

GBP-USD — We have the 38.2 fibo at around 1.4350. Price should bounce there on an upswing. Anything lower will target the 23.6 fibo at 1.4025. A solid move above the 38.2 will next target 50 fibo at around 1.4600

Cable Update (GBPUSD)

No doubt trader. Very volatile pair. On the sidelines for now. Looking for a nice place to enter. No hurry. Let the market come to me i think the saying goes. gl

USDCAD trend reversal?

I will go short if the price goes below 1.1850 which is a little lower than the low of the previous 4 hr candle. It does not look like this candle will get close to that low. I still see a downside to this pair. 2 nice short candles on the daily ...

USDCAD trend reversal?

Finally my trade has gone up. I am now up +200 pips. Price now at 92.25 My SL is now at BE 90.25 & will move it up as this trade keeps going.

USD/JPY Discussion

I agree here. It looks like you are trying to pick a bottom. And you know what happens when you do that. Your SL might get hit. Just giving you my opinion. I am not trying to be critical of your system. Just giving you a heads up. gl

Sharing my systems

I think we might get a push & reach 1.4600

Cable Update (GBPUSD)

I would try 1.4605 but be careful because it has gone down alot. I had a few good short trades but i'm on the sidelines right now waiting for a good entry.

Cable Update (GBPUSD)

Keep on shorting. Only way to go.

Cable Update (GBPUSD)

Right now i would not go long. Only if it makes a significant break up would i go long. Right now too much downside pressure.

Cable Update (GBPUSD)

I bought at 90.25. TP at 92.00. SL at 89.00

USD/JPY Discussion

Closed trade at 1.4700 for a gain of +260 pips

Cable Update (GBPUSD)

Right now at 1.4960. I think the cable goes down to 1.4750. The middle BB at about 1.5050 i would use as SL.

Cable Update (GBPUSD)

Closed out the short at 1.4825. Gain +225 pips. Thats it for me. Lets get the weekend started. I need a cold one.

Cable Update (GBPUSD)

Dow daily candle formed the higher wick of the candle & is going down to reach 8600. That may help cable go lower. Still shooting for 1.4800 or close to it.

Cable Update (GBPUSD)

I filled up at 1.49. I hadn't filled up since a month ago. Sometimes i don't use that vehicle too much.

Cable Update (GBPUSD)

I went to fill up my truck yesterday with gas. Couldn't believe how cheap it was. What is next 5 cent beers & sodas? gl

Cable Update (GBPUSD)

You are right. My bad. I was looking at the Dow chart & the cable at the same time & got mixed up.

Cable Update (GBPUSD)