where will he get out? Has he made a decision on it? Will feel better after he does it im sure. smaller scale but i closed out two short positions i was holding at 1.555 since last week for a decent loss. Felt better after though and have almost ...

Cable Update (GBPUSD)

definitely testing my trend line here and my thinking at the beginning of the week was to sell anything 1.57 plus. Being friday though and for reasons mentioned before (bloomberg tv etc) will likely still stay out. Unless Poundtrader changes his ...

Cable Update (GBPUSD)

'trying' sounds a little overly hopeful, would be careful after such a strong move and the risk of it moving more. Either way im confident we are down overall next week so no real threat.

Cable Update (GBPUSD)

New channel lines updated to reflect the slightly lower low over the last eight hours.

Cable Update (GBPUSD)

definitely agreed, i cant function over the weekend with open trades. Dont want to spend the weekend watching bloomberg (again)

Cable Update (GBPUSD)

Yes i think so, test of the lows coming up for both GBP and EUR. Greece collapse in less than two weeks now and a whole host of people criticicising and pointing the finger at who did or didnt do what, strained EU politics and a lack of unity will ...

Cable Update (GBPUSD)

just got up, closed these 5 out short of the T/P's described (after seeing the bounce just no) maybe premature but im happy with 300 pips to close the week. Happy Friday for me, i also go and become a US citizen today so happy all round. Thanks guys ...

Cable Update (GBPUSD)

Off to bed guys, A bit ballsy but i've had a long day, here is where i am, 5 x long at half lots each T/P's set between 1.57 and 1.574 average 100 pips x 5 by the time it triggers. 500 total upward trend on the H4 and H1, gives me confidence that ...

Cable Update (GBPUSD)

i like the stop loss, a break beneath there spells trouble for the longs...

Cable Update (GBPUSD)

feel like slapping myself, confidence is low and im not sure why... Holding the longs and gonna walk away for a few hours. see you in a few guys, hope when i return were 1.566 plus

Cable Update (GBPUSD)

anyone expecting this to bottom out around 1.5600? 2 long trades im now questioning closing...?

Cable Update (GBPUSD)

heading for the stable 1.565 been solid there most of the previous day,

Cable Update (GBPUSD)

if that was the short term top then i wouldnt expect too strong a fall (maybe 1.56) i think we will need to see 1.57 to see a move below 1.56. still short though from 1.568

Cable Update (GBPUSD)

i agree with the short but that stop loss may be a little tight for me, i think a touch above 1.57 might be a better short entry with the stop loss at 1.5735

Cable Update (GBPUSD)

should be in the over bought area by then on your stoch chart

Cable Update (GBPUSD)

triple top on the hourly chart my brother, be interesting to see if it passes, if it does 1.572 maybe next target, if it comes back then 1.565 has been stable all day

Cable Update (GBPUSD)

i actually see the current area as a good place to short from, the worry i see is that bullish divergence on your mac chart...

Cable Update (GBPUSD)

maybe to 1.57 - 1.575 but then i see a decent move back to 1.555

Cable Update (GBPUSD)

patterns so far this week have been down during asian session, up in the European window and then down throughout the US window. With the close coming in less than 30 pips from the open. 1.562 at the end of the daily candle.

Cable Update (GBPUSD)

it seems that moves are being capped beneath 1.5675 and the more this happens is leading me to feel we are now more likely to see a retest of the lower trendlines initially touching 1.552. A break beneath might see 1.5485 and beyond that 1.546 and ...

Cable Update (GBPUSD)