to tell you the truth it was a very green 2 weeks playing the ping pong on the right shoulder.

Cable Update (GBPUSD)

honestly, i don't think I have complete sense of direction since we are in a monthly demand area in my analysis.. not to mention the confluence of supply that tried to pint out in the USD index a few posts ago.. so i am working on the short term at ...

Cable Update (GBPUSD)

I really wanna see how this is going to be acted out...

Cable Update (GBPUSD)

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Cable Update (GBPUSD)

what i mean to say is.. its not vagas..

Cable Update (GBPUSD)

my win ratio for the week is just 1.5% higher at 78

Cable Update (GBPUSD)

in other words, USD buyers want a lower price and GBP sellers want a longer rally so they are waiting for a higher price.. I just want to add that the USD's index will not be having a smooth ride up on monthly imo.. just from the tech side.. And ...

Cable Update (GBPUSD)

some south wind as traders prepare for the US news!!

Cable Update (GBPUSD)

we're stuck really.. i am simply wondering how much supply is in that supply area right above our heads now.. the amount could mean the break out from the monthly demand area we are currently in the midst of from 5230 to 4900. the direction of the ...

Cable Update (GBPUSD)

if you are refering to that 15 pip candle on m15, then that is just scalpers closing buy positions.. the bears are not in play yet imo..

Cable Update (GBPUSD)

you migh want to add another sell on the way down if indeed it goes up and is turning around.. you will need to keep monitoring the pa on lower tf in this case..

Cable Update (GBPUSD)

my way of handling this situation will be to: close all and wait for signal OR buy 0.01 and sell 0.01 here.. buy target 120 sl move to BE at 10 pips then monitor pa. if it goes south you make use of the sell to cancel the buy.. cheers..

Cable Update (GBPUSD)

you are most welcome sir.. salam..

Cable Update (GBPUSD)

I completely agree on the technical levels and the possibilities of these levels.. but the overall bottom line of the story is that if you sold high, hold! if not, sell on high probability pull backs.. right? that is how i interpret it! cheers..

Cable Update (GBPUSD)

well just read Fisher's statements! in short, the UK still has long way to make "real" recovery (as if whatever recovery they are working on is not real), and that it will be slow since it needs a huge amount of hard work.. i hardly find this as ...

Cable Update (GBPUSD)

well Fisher didn't give us much of a choice did he? if this thing move any where up, its pure tech imo and at the same time will be strange!!

GBP/USD outlook

it can.. hehe.. the pair is running on an avg of 4 pips of spread.. the bid line didn't touch the SL yet while the real hit occurs when the ask price hits it.. so it had 4 more pips of room.. look at the bright side..

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