Immediate support still found on the hourly and H4 24SMA...OSMA on H4 about to go positive to confirm the MACD and look for higher highs, confirming the Daily MACD of being positive. Current resistance on the 1hr 1440EMA and the 4Hr 600EMA.... Since ...

Cable Update (GBPUSD)

Alrighty there little fella. You get all snuggled up in your footy jammies, n give Teddy a big hug for all of us. Sleep well.

Cable Update (GBPUSD)

600 EMA on deck for the H4, moment of resistance....Needs to close the 4hr above to continue the uptrend. Daily MACD positive...so, I am gunna say, pretty good chance.

Cable Update (GBPUSD)

What?

Cable Update (GBPUSD)

I was having issues with Trillian on my new computer...keeps crashing... Will have to reload and see if I can make it purr.... Will work on that over the next couple days.

Cable Update (GBPUSD)

This is what I see...5m chart, 200EMA as support slow uptrend.

Cable Update (GBPUSD)

Play range and action... We have played up to the hourly resistance, and dropped to the 4hr support. The daily MACD is just above zero, assumption of the long trend will take place if we close above the 24sma on the hourly, but London might still ...

Cable Update (GBPUSD)

Going off of the 4hr...we are currently sat on or about on the 24SMA support line. If we hold and close underneath here, next support is the 200ema and 55ema, prices circled on chart. We found support on this line Friday and immediate trend as per ...

Cable Update (GBPUSD)

The longer term trends... As far as goes, on a technical side of things, the long term being the monthly is still a bear trend, as we haven't yet crossed into positive waters, but have merely retraced to an area that is 50% of the fall. The weekly, ...

Cable Update (GBPUSD)

Absolutely.... Weekend charts are speculation at best, going into Sunday, which will not offer anything by way of true direction. The play ranges I trade off of are on the shorter time frames, but still use the same support and resistance. Guessing ...

Cable Update (GBPUSD)

Nobody is trying to convince anybody of anything. This is an open discussion a lot based on technical indicators with chart support. Even if we took news into the equation, we still have to know make and break points on the chart. What ever news is, ...

Cable Update (GBPUSD)

Looking through the different time frames allows me to take trades throughout the day in direction of the immediate trend, using the h4 and daily as the immediate trend setters and trading off the 15m in confirmation, using the 1m for entries. The ...

Cable Update (GBPUSD)

At the risk of being on the edge...I believe his point was to state that nobody likes a blow hard... It's not that people don't like you, well, necessarily, it is just that you would prolly be considered a little more seriously were it not for the ...

Cable Update (GBPUSD)

Area on chart that needs to be filled for next leg of the race...once we are done here...it will be anybodies guess as to move back up, or find a new bottom. As this area sits right @ the 200EMA, it might depend on how long we take to get there, and ...

Cable Update (GBPUSD)

url Heh...I love it when a plan comes together! Cha Ching!

Cable Update (GBPUSD)

Cripes man, are you gunna be okay, or forward an address for where I should ship the flowers? Actually, I am quite ashamed of my week. Played through it like a total dick. I spent a lot of time working on my system, kinks n what not, but played ...

Cable Update (GBPUSD)

>>Snickers<< How was yer week mango?

Cable Update (GBPUSD)

New candle formation I believe to have seen on the M15... Gunna call it the flacid. Whatta ya think? If this don't say that cable losing strength, nothing does!

Cable Update (GBPUSD)

What this thread is, or was, really shouldn't be the issue. As it is an open thread, it invites the masses, and well it should. A lot of us got a start here, or at least started to get our feet wet, and have gotten to know a little about the pair ...

Cable Update (GBPUSD)

A couple of ideas.... First, 600EMA on cable is on deck. Fairly strong line the ways I sees em, so beings that the case, I would expect a spike into this and a close below, putting topside target just over 1.6350...something like that. Second, our ...

Cable Update (GBPUSD)