Long 5398

Cable Update (GBPUSD)

Morning all, TP hit, on to the next one.

Cable Update (GBPUSD)

Just checked in for a bit, no I am out of fibre short term. I really don't like the day's ranging 3626 will need London open to get through it so I see it as a low probability trade and am flat as a daytrade. I will have another look tomorrow ...

Cable Update (GBPUSD)

We need to safely get past 53956 for this move to have momentum.

Cable Update (GBPUSD)

Long 5370 exactly like last night... TP 54245 SL 53480

Cable Update (GBPUSD)

Ah, we may have a breakout to the North in the making here. BBA, excellent posts with the trendlines.

Cable Update (GBPUSD)

There are some good setups for scalpers (not me) from 537-535 and back. That little channel has held for over two hours now.

Cable Update (GBPUSD)

We are at an interesting place here, back to the 538 area, however this last retrace on H1 is the exact 38.2 fib retrace of the 51280-54845 move up. With the major support just below the retrace at 5335 on H4 we can expect some consolidation here in ...

Cable Update (GBPUSD)

Thanks Kill CU later.

Cable Update (GBPUSD)

Closed at 5440, got things to do. See you guys later.

Cable Update (GBPUSD)

I am just giving you a hard time BT, however there have been some really good posts from lots of guys here explaining different technical reasons for longs varied from volume based to fibs, to chart patterns to EW and there has not been a single ...

Cable Update (GBPUSD)

May be a bit late to jump on a train once it left the station....

Cable Update (GBPUSD)

Yeah I took the retrace to 38.2 entered at 5412 target 546

Cable Update (GBPUSD)

I went through a whole spiel here about the fib retrace on the M5, which touched nicely to the pip on the 38.2 retrace with a target of 546 and you decided to ignore the whole thing... I even posted a chart. Why do I bother sometimes... just ...

Cable Update (GBPUSD)

Holding on to a short are we?

Cable Update (GBPUSD)

once 5431 goes 5460 is next.

Cable Update (GBPUSD)

Give it a bit of time, she only just finished her retrace.

Cable Update (GBPUSD)

Good, now play with this on all your TF's and make notes of the levels, especially on H1 and H4 and you will have some important levels to add to your toolbox to watch.

Cable Update (GBPUSD)

Here you go pawpaw, expecting retrace to 54082

Cable Update (GBPUSD)

See, every week we are adding to your toolbox.

Cable Update (GBPUSD)