hello fontu, can you kindly explain why is tanking going to be harder for you the higher it goes.. is it because if so the market psychology will be more towards bullish? thanks

Cable Update (GBPUSD)

hey sonny, did u hit your long targets yet?

Cable Update (GBPUSD)

wow.. you have been holding on those long positions for days as far as i remember!!

Cable Update (GBPUSD)

Technically 5280 is still holding.. with confluence with the 55ema (looking north now) on the hourly.. Still waiting for a possible continuation as an effect of the bad US data and another possible dip on the USD basket index as a result..

Cable Update (GBPUSD)

5300 breash.. no confirm yet.. Man, I'd just flip a coin with this PA.. hehe

Cable Update (GBPUSD)

Now that is being a bully "with love"......

Cable Update (GBPUSD)

Thanks buddy

Cable Update (GBPUSD)

If the northward momentum keeps up during the coming hour + we confirm breaking of the 5300, then I think I would want a 40 pip target at 5340.. Thinking out-load here..

Cable Update (GBPUSD)

Like.......

Cable Update (GBPUSD)

Price seems so sluggish.. I don't know if it will break an egg shell, let alone an S/R!! hehe

Cable Update (GBPUSD)

Maso, please "bear" with us.. we are still 200 pips away!

Cable Update (GBPUSD)

Now that is what I call "A funny analysis". But I mean it in a good way sort of speak..

Cable Update (GBPUSD)

Ladies and gents, I give you the thread's divergence detector/indicator...... (drum roll) ... blobsaudio... NOTE: @blobsaudio hey buddy, I really don't mean to cause any misunderstandings. I just thought it it would be nice to ...

Cable Update (GBPUSD)

i can imagine what u see with gold and its possible impact on the currency market.. i feel its going to be a wild ride.. !!

Cable Update (GBPUSD)

I don't know about the long way. But it seems that the price found 5340 to be the stubborn level I was talking about.. So my thinking is that it should find good pressure to the south to punch through the 5315-5300 area.. Good luck to all.

Cable Update (GBPUSD)

image I see that last 15 min bar seems to have found good support @ 5330.. so does the 1 hour bar.. we may be looking at a highs retest!! we may be heading south hard after the retest if any of the higher levels holds and proves to be stubborn.. ...

Cable Update (GBPUSD)

yeah.. with thursday's push.. i feel there is still good momentum that hasn't slowed down enough yet.. i still stick that we nee to see market open next week and even til london if necessary to be able to see what the market wants to do.. cheers ...

Cable Update (GBPUSD)

ok.. here is what i see.. or what i dont really.. hehe.. the price broke through the D1 55 ema yesterday.. it bounced off of it today.. so we need to see where the day/week will end to start analyzing the situation for next week.. EDIT: or may be we ...

Cable Update (GBPUSD)

... the chart never lies...

Cable Update (GBPUSD)

Good luck to you.. And good luck to everyone too...

Cable Update (GBPUSD)