If your 'pretty sure' then does that mean you have gone short?

Cable Update (GBPUSD)

xe.com showing 1.508 gonna be an interesting week!

Cable Update (GBPUSD)

I think being so late in the day the lack of liquidity caused this to move more than normal. Surely it was already priced in. I took the opportunity to add more long positions as i was watching the market close.

Cable Update (GBPUSD)

And in return they are thankful for your opinions, i too like Turkey....

Cable Update (GBPUSD)

im already in at .5230 but i would think we havent seen the last of the .51's yet if it goes there again i will be adding further longs. Which im expecting.

Cable Update (GBPUSD)

Amen to that my brother

Cable Update (GBPUSD)

Took some advice from a wise man from down under and im just playing it safe with long term swing trades. Im back in now at 1.523 looking to ride her back up to the 63's got tired of staring into my screen 24/7 (well actually it was the wife that ...

Cable Update (GBPUSD)

Nice start to the year for me with cable.... Long from here on the pound but im left stranded with the euro, likely to close the Euro trade if i get to BE. Good luck guys as always!

Cable Update (GBPUSD)

a continuation of the trend is likely since the US house of reps just rejected the latest bill proposed by Boehner, if they cant pass that then they will never pass what Obama wants (or anything else in the middle), going over the cliff (which will ...

Cable Update (GBPUSD)

This is a nice chart and gives a clear indication as to the current level of importance, not a bad risk reward for shorts here and it could see a large ride down over the first quarter of 2013. Good luck all, Short from here on both pound and Euro. ...

Cable Update (GBPUSD)

Same same, 1.595 T/P

Cable Update (GBPUSD)

its the usual cycle that Karl Marx spoke of. The rich get richer until there is collapse or revolution which restores balance and a more spread out or common method of ownership and wealth. A groth in communism or socialism will see the ...

GBP/USD outlook

when have we ever known red to be serious? Better not have left us...

Cable Update (GBPUSD)

im not sure Il Be Back really does sleep, he is a 24/7 chart reading machine

Cable Update (GBPUSD)

it is for certain, but on the other hand, other than today the last time the RSI was showing over bought on the hourly was the end of April. i think we all need to be vigilant right now and be cautious of a reversal. No more adding to any long ...

Cable Update (GBPUSD)

i think the point of trend reversal will be interesting and for sure many of the larger traders are watching as we move closer and closer to the areas of significance in terms of highs. For sure the selling pressure (which is already high) will be ...

Cable Update (GBPUSD)

i used to think that the fundamentals drove the market and the tech indicators just gave good entry and exit points. Now i think the long term chart trends just use news to trigger spurts of movement along the path that the longer term charts are ...

Cable Update (GBPUSD)

im hoping for higher, up to 1.615 from where i will be selling. If this reverses trend to bear before we forge a new higher high (from late April)then it should spell a new lower low. Starting to realise the value of the longer term charts more than ...

Cable Update (GBPUSD)

for sure slow right now but im not at all convinced that this bull is over, i would have expected at least a touch of 1.61 (if not higher) to be able to reverse this trend. I know 1.63 was the point for this in early May. Would a break lower than ...

Cable Update (GBPUSD)

German what? Warum?

EURUSD