Heavy enough? — Will the Dollar remain heavy enough to push through the weekly 50 fib it's fighting with?

Cable Update (GBPUSD)

Ample room for the bugger to reach the lower trendline 100 pips away! (weekly 50 fib coming up)

Cable Update (GBPUSD)

(CA) FEB RETAIL SALES — (CA) FEB RETAIL SALES M/M: -0.7% V 0.1%E; LESS AUTOS M/M: -0.3% V 0.4%E - Prior Retail sales MoM revised from 1.5% to 1.4% - Prior Less Autos MoM revised from -1.3% to 1.1%

Cable Update (GBPUSD)

What's more, 1.9832 is the March close which has provided significant support for a bunch of daily candles in the past. Let's not forget the 62 fib too. If price fights its way past this, it could be a good journey south. Rob

Cable Update (GBPUSD)

Sweaty Palms? — Sweaty palms at strong support? Relax ... ... bank your money and set a sell-stop on the other side.

Cable Update (GBPUSD)

Yes, it's back to Plan A - with the same obstacles ahead. I want to say ..."where things should have gone 1st time round!", but I won't That monthly pinbar isn't there just for the sake of it.

Cable Update (GBPUSD)

Well said BBMAC. It was just this week I read similar words by Mark Douglas. Rob

Cable Update (GBPUSD)

I also smell a dirty bear hard1head1

Cable Update (GBPUSD)

Perfick image

Cable Update (GBPUSD)

Yes, and I believe well beyond. It has a nice open road after 1.9835 was broken. After all ...it has a responsibility to its ave daily range

Cable Update (GBPUSD)

Resistance is Friday's low so it might take a few pushes before it gets through or gives up. If the Euro continues it's upward move (it's taking a breather), Cable my get dragged up with it.

Cable Update (GBPUSD)

Hi TEB, When you say that you are watching the 800 ema & the 3200 ema for angle and separation ...what exactly are you looking for in them? Thanks, Rob

World's Simplest System

Good for you Tomaz! Why is that? Cheers Rob

Cable Update (GBPUSD)

earret, I am a relatively new member of Jacko's group and $500 is nothing in the scheme of things. The key to success with anything in life is learning from people who are 'truly' successful in what you wish to learn. Sport, business, art, music ...

Jacko's Forex House of Pleasure and Pain

Hussin, Thanks so much for a great answer that explains your view well. It's good to know you're bearish on this pair! Rob

Daily candle chart

News was not good at 10:30 CET for our sick patient.

Cable Update (GBPUSD)

UK CPI data — 0.4% V 0.6%e; Y/y 2.5% V 2.6%e;

Cable Update (GBPUSD)

Hussin, after your post a few weeks ago on the weekly EURUSD ( url ), is there anything new that you can see or do you still feel the candles are pointing down? Thanks Rob

Daily candle chart

Cable's hangover this morning — Cable's got a bit of a hangover this morning. The question is ...how long will it suffer? Personally I think it's also got a touch of food poisoning and could be weak for a while. See weekly chart ... url

Cable Update (GBPUSD)

Nice AUD/USD trade TEB! Pity I was in bed when you posted it

World's Simplest System