Correct. We are still Stuck at daily support. We need to close the daily below 1.6123ish for continuation into the weekly support ranges. From here, I wouldn't wanna get caught trying to catch the fall. Support here has been strong, check how many ...

Cable Update (GBPUSD)

We still haven't breached the 200ema on the 5m chart. Same thing as this morning. Watch that for position in favor of the long term...Short.

Cable Update (GBPUSD)

I am actually believing that the 200EMA line on the 5m chart is the one to be watching. Closed a few longs here, and a few shorts, but now in limbo waiting to see if the 15m 24 SMA support will break, or the 5m 200EMA will shatter. 5m Resistance ...

Cable Update (GBPUSD)

Banks Trade off of Candle Formations? >>almost peed a little reading this<< Thanks.

Cable Update (GBPUSD)

My take on things is like this....The monthly is still a bear chart, and is now looking to confirm it's retrace (top left). The weekly has failed to close support and the strength of the bulls have been in decline to where we could possibly see the ...

Cable Update (GBPUSD)

As per last weekends charts, the long term longs position on cable doesn't seem to want to hold and the weakening play could spell long side bull death traps. Having a look at the weekly, top left, we were unable to cross over into support area, and ...

Cable Update (GBPUSD)

Do you blow spit bubbles when you speak?

Cable Update (GBPUSD)

Hi Donnie, and Welcome! I'm Magix, and I am an alcoho.....wait a second...it's not Tuesday.... Uh.... Feeling a little sheepish.... uh.... Welcome Donnie!

Cable Update (GBPUSD)

Oh, can I be first... We are stuck in a Wedge on the hourly.

Cable Update (GBPUSD)

2 suggestions... 1. Be cautious, it might be a break out. (Use which ever definition you prefer) 2. Set your market orders and go out for a pizza.

Cable Update (GBPUSD)

I will make a note of it.

Cable Update (GBPUSD)

Agreed! Why have indicators and then ignore them, but at the same token, how will we ever really get to know our charts if we never study them and see how price acts in relation? The beauty of the forex is the availability of numerous play systems ...

Cable Update (GBPUSD)

Would watch for entry on the 1m, when the 200EMA gets challanged, if price hops above that 24SMA again...but, thats just me....

Cable Update (GBPUSD)

Closed last 2 here, will wait for a reload.

Cable Update (GBPUSD)

Me neither, that's why I went long....

Cable Update (GBPUSD)

Awwwwwww Cummon Wormie...Nobody is perfect.... Besides, I have taken long here, and think its a pretty good hold for a run back to 1.64 area....really, how many chances does one need to load up for the cheap longs? Cashed in some nice shorts this ...

Cable Update (GBPUSD)

Closed 3 here... Cha Ching!

Cable Update (GBPUSD)

Looking for that spike too!

Cable Update (GBPUSD)

Dude, point out your Mythical Unicorn Pizza Pips.

Cable Update (GBPUSD)

Actually, my post was not out of line, and your chart proves it. There is no mythical 20 up and then 10 down for your pizza run on here, maybe I wasn't looking closely enough, or maybe I was right, and you are full of shit. Like it matters to me ...

Cable Update (GBPUSD)