price action says 1.6820 still alive and well ...

Cable Update (GBPUSD)

No follow-thru selling. In fact, FrF buying aggressively. we're just below broken triangle now...

Cable Update (GBPUSD)

Don't know about that...dax got huge bearish momentum , all it has to show for is spikes...pretty risky imo, g/l

SPX and DAX - CFDs are the place to be

Asia at it again...Huge downward pressure in equities... If follow-thru selling into LDN then scratch test of 1.6890 , 1.6800-20 won't hold anymore, 1.6750 comes into play then....in that case inverted hammer on weekly won't even begin to form...

Cable Update (GBPUSD)

Nikkei down 400 pts SnPs down 10 pts Dax looking to open with a 50 or more pts gap at the open down to around 8950/60

SPX and DAX - CFDs are the place to be

My thinking but with a different conclusion: That's why it'll be easy to ditch it ,Tony...yen will go tho, too hard to stop it.. and even if uj holds not much of a damage w/ that tail hanging over...either case good for cable imo Channel test be ...

Cable Update (GBPUSD)

Inverted hammer. {{{ I know who's gonna show up now... }}}

Cable Update (GBPUSD)

Resolution of this price congestion is near , one way or the other. Will Friday be a more interesting day ? image

Cable Update (GBPUSD)

It's better to be cordial, that's all. You have a good night now.

Cable Update (GBPUSD)

Bouncing again , weekly tl seems to be doing a good job stopping the fall for now. Spread $8.12 up from $7.01 the other day.

Oil and Natural Gas

This ain't how goes down , you put up a gcad H4 chart , do an analysis then ask for an opinion or if you have an opinion of another poster's chart you come up with an alternative chart of your own with your opinion.You don't order people around. ...

Cable Update (GBPUSD)

This one. Swings just underneath. image

Cable Update (GBPUSD)

No biggie - - It isn't liquid tho , no real volume intraday but good if you wanna have a play on the risk longer term.

SPX and DAX - CFDs are the place to be

Good one. You're doing well

Cable Update (GBPUSD)

A/J most dramatic locked on swing , then double top........." See ya , don't wanna be ya "

Cable Update (GBPUSD)

Hi Tony, consolidation agreed but may be short-lived if stuff gets messy outside of forex markets , tl would be up for grabs as a result but eur would have to go first in a situation like that , it's in deeper

Cable Update (GBPUSD)

How far down do you see it going ? Triangle formation on H1. Good bounces off support more than a couple of times. I continue anticipating a retest of 1.6870 and 1.6890 . image

Cable Update (GBPUSD)

Why you wanna sell there ?

Cable Update (GBPUSD)

There is. This one for example. Look at last month, already rolled over and locked on trend line...

SPX and DAX - CFDs are the place to be