Isn't it great how he pulls numbers out of his @ss, and ends up being spot on.

Cable Update (GBPUSD)

Yeah, we can't short yet, pawpaw isn't here, the lucky b@st@rd always shows up just in time for the action.

Cable Update (GBPUSD)

I have a lot of respect for traders who stick to their convictions, even if they don't agree with mine. Don't be tempted by the nay sayers here buddy, including me.

Cable Update (GBPUSD)

You are heading for my iggy list if you are not careful........ We sure are getting bored here with the PA stuck at my ass

Cable Update (GBPUSD)

Careful, I don't swing that way.

Cable Update (GBPUSD)

It is my ass level and the big boys are supporting it (so far). We are all waiting for them to sh@t or get off the pot.

Cable Update (GBPUSD)

It must be my crap english, earlier you were saying the bear party was over and now you are saying they will both go down... Like they say: even a broken watch is right twice a day.

Cable Update (GBPUSD)

Please do not count on me for your trading calls, trade your own plan with your own MM. I am a pretty aggressive trader on the shorter TF's and will follow my charts blindly and do lose, so I do not want to be responsible for your trades.

Cable Update (GBPUSD)

Unless our Cycloptic PM sold off a few tridents this morning to gap the hole in the deficit, I see no reason to give up on my ass level here.

Cable Update (GBPUSD)

I am ready to go short, want to enter your long trade? At least I know who will be on the other end of mine then. I should be going short here in the next 20-30 mins or so.

Cable Update (GBPUSD)

Take a look at the H1, you can clearly see how the candles are compressing against my ass level, indicating a downward orderflow. As long as the big boys don't blink, I am still bearish.

Cable Update (GBPUSD)

The big boys trade with a leverage of 1:2 at most and need larger moves to make any profit. A 400 pip move with that low of a leverage is not a lot of profit if you have to wait weeks to realise it. Look at the last 4 weeks on the W1, the big boys ...

Cable Update (GBPUSD)

Feb 09

Cable Update (GBPUSD)

A brief kiss on the M1 is not a confirmation for me, I want to see a solid close above on the M15/M30 before I change my sentiment. And I want the asslevel protected. We are in new territory here as the next asslevel down is 4396, from way back. ...

Cable Update (GBPUSD)

We are back at my big picture level, or as Gatorinla calls it, my asschart. What are the big boys going to do, will they protect this level with sell orders and protect their initial investment so we can form a lower sub 48 level or are they all ...

Cable Update (GBPUSD)

DP is the daily pivot. As a definition, a pivot point is a turning point. The DP is a level where the sentiment of the market changes from bullish to bearish or vice versa. If the market breaks this level up, then the sentiment is said to be a bull ...

Cable Update (GBPUSD)

Here we go back at the DP

Cable Update (GBPUSD)

You welcome, the big picture is important. The big boys are protecting their sell off at 1.57 and are in for the long run and big profits. As soon as there is a retracement they sell of again to protect their original investment, the additional sell ...

Cable Update (GBPUSD)

The big picture — As it is quiet, I want to share the "big picture", something I do for all currency pairs that I watch closely. I call this my asschart. (name borrowed from Gatorinla over at the fibre thread) Price is driven by orderflow. The ...

Cable Update (GBPUSD)

One is not correlated to the other unless the correlation is driven by the dollar, today the euro is recovering from its fall yesterday, which does not mean the the dollar is weakening. The fall of the Sterling is not driven by a strength in the ...

Cable Update (GBPUSD)