LOL..... Now that is pretty nasty looking, almost like a horror movie.

Cable Update (GBPUSD)

I see everyone is looking short..... Interesting. Since we have a very strong support at 6100 - 6075 level. If this is broken we will see the 6050 level maybe a bit lower before a bounce up. But I will also look for a sell at 1.6300 - 1.6350 level ...

Cable Update (GBPUSD)

Well she did not close below the monthly pivot, so I think I will get stopped out but I am still holding my short. Good luck and happy pipping. I also have a buy at 160, lets see how she plays out.

Cable Update (GBPUSD)

yes the 50% fib level is at 360 and it broke it but has not closed above it. But u also have a 4hour low at 382, which is why my stop was at 385. the monthly pivot is at 335, if the 4 hour and hour can close below the Montly pivot then if has a very ...

Cable Update (GBPUSD)

if 385 is broken we will see 450 maybe 525 before a move down, lets see is 385 holds, got a bounce of it.

Cable Update (GBPUSD)

almost — Almost hit my stop and it still might , but I am still short.

Cable Update (GBPUSD)

If u r on a live account, why aren't u using a stop lose and take profit. But since u r in this deep. Put ur stop lose at 385 and a tp at 165 or 175, if your account can stand a little more loss. If not cut ur loses now and wait for another signal ...

Cable Update (GBPUSD)

The bull is scared. It will drop.

Cable Update (GBPUSD)

short — I am short at 314, sl at 385. tp 165

Cable Update (GBPUSD)

315-325. is the time to short tp at 150, sl at 385

Cable Update (GBPUSD)

What does ur chart and price action tell u. Just remember it gets pretty crazy in the next 1/2 hour. So u may want to wait for the dust to settle. But here is a little tip. When the hour candle closes, draw a line on the high and a line on the low. ...

Cable Update (GBPUSD)

This Frankfurt ope in moving way to slow. Usually it sets a tone. Which tells me they are waiting to see what the london boys are going to do before it takes a direction and this could also me a false break to either side. U also have the 23% fib of ...

Cable Update (GBPUSD)

You do have a trend line that has been holding and it is as 135 - 140. Also last high on the 1 hour chart is 137. So if that holds it will tank, If not we could see 200 - 250 before that move down.

Cable Update (GBPUSD)

A reversal in what way , Short or long. I hope u mean short. So is the Frankfurt open going to go short or long hunting ?

Cable Update (GBPUSD)

here we are — I like to check in every once in a while. Anyway last friday I posted that we had a possible bottom and that we may re-test the lows before we had a correction. Well here we are almost a week later and guess what ???? We have ...

Cable Update (GBPUSD)

I am not calling a bottom at this time of day. But this time of week and the total wave 3 move. And I am not saying that it may not retest the low again. But if there is a bottom forming this would be were it would begin.

Cable Update (GBPUSD)

is this a bottom ? — Well we have had a very very nice down move, are we at a bottom here? Ready for a correction. I think so. If you look at the monthly chart we have now retraced 76.4 % of the 6/2001 low / 11/2007 high. Plus a correction is ...

Cable Update (GBPUSD)

Also Navin from reading some of your stuff I see u r hedging. Stop. Put in a stop loss and a take profit. Do not be greedy and let your trade run. Acept the losses and your wins will increase.

Cable Update (GBPUSD)

Well I would like to but it would not be fair to you. You need to learn on your own. Also keep in mind that learning the pair u r trading is hugh also. I only trade the gbp/usd period. some people would say that is crazy, but think about it. it ...

Cable Update (GBPUSD)

Well after my first acct. I lost I started reading learning everything. EW, Fibs, price action, patterns, channels, how to use indicators correctly. All this was good knoledge. But sometimes one can have to much knowledge and out think themselves. ...

Cable Update (GBPUSD)