Out at 536

Cable Update (GBPUSD)

Do you read my earlier posts, or just comment on the last thing you see?

Cable Update (GBPUSD)

A small little break of 53 at the open does not mean it has the momentum to carry through.

Cable Update (GBPUSD)

Moved SL to BE+, letting her stew.

Cable Update (GBPUSD)

There will be a lot of sellers at 53, it has been held down since 31 March. However there is a case to be made for a breakout to the North based on H4. This is the first London open where the 25ma on H4 has given us a bullish support.

Cable Update (GBPUSD)

Don't think about that short, mine got stopped out too. That was a trading call that made sense at the time. Today is another day and look for your next setup.

Cable Update (GBPUSD)

I agree with the long bias, london close at 538?? It won't be an easy run up though and there is still every chance that the neck line does not get broken it is freaky friday after all.

Cable Update (GBPUSD)

That's why I called it a cheeky long, still not convinced it has any power, therefor a tight SL

Cable Update (GBPUSD)

Cheeky long at 529, let's see how this develops. SL 527

Cable Update (GBPUSD)

Morning all. Got stopped out last night, could be looking at a long entry here, not on this hourly bar though. We touched the neckline twice at 53. Am standing aside to play the larger breakout on H1 527-53, with a better entry on the M15, if it ...

Cable Update (GBPUSD)

Oh my god, look, is it a plane? is it a bird? no it is a stophuntaurus, duck!!! run for cover!!! they are after your 10c mini account lot.

Cable Update (GBPUSD)

As long as we stay below 5287, my short is still a valid trade

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I don't get nervous over a trade.

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Still here.

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It is just about as simple as that. If you go back to see the PA between london close and NY1400, you can see how she slows down on most days.

Cable Update (GBPUSD)

Waiting for 1400 NY time.

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it'll happen, got another hour or so before a definitive move.

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Took it as dessert, entered the cable short a bit early at 5252, been sitting on it for an hour.

Cable Update (GBPUSD)

Great shot from Lee

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And you are so good at it.

Cable Update (GBPUSD)