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Cable Update (GBPUSD)

If there will be a Wave 5, Target could be around 1.9590. The 38.2% fib level from the very move up to the latest low (see pic below). Price sitting on 50% at the moment. The 38.2% shown here in red would coincidence with a 50% retracement from the ...

Cable Update (GBPUSD)

Have edited the picture above. Price could wait with more corrections until london open for more down.

Cable Update (GBPUSD)

For me it looks (in 15m chart) like a Wave 4 up now, then a Wave 5 down. Price could wait with more corrections until london open for more down. image

Cable Update (GBPUSD)

That would be 220 pips for today, a bit too much in my opinion. Then he has nothing left for tomorrow.

Cable Update (GBPUSD)

My TP as well. Around 1.9619, Pivot Point for day.

Cable Update (GBPUSD)

I think the 1.9747 was the highest for some time now. That was something that someone predicted earlier on in this thread, before a move down should start. Seems the market has fullfilled itself.

Cable Update (GBPUSD)

Seems you have not understand what was done in the morning at 8:00 GMT. Because I'm crazy, like the market is. But I don't think we will see 2.000 anytime soon. Said that before people begin to speculate about that daydream again.

Cable Update (GBPUSD)

Further more up to 1.9670. Thats 100% of the CPI move up. Or a stall, then tomorrow more up to 1.9745.

Cable Update (GBPUSD)

Today has shown that the market is manipulated by those who want to go into a desired direction. I never will think again that this market is random or can't be manipulated because of much volume. The market is even not driven by fundamentals or ...

Cable Update (GBPUSD)

@coshbrewer: I would expect a stronger decline in the next couple of days. Look on the forecasts for the upcoming news, they support dollar and we have broke the last daily low, its heading toward 38.2%, drawn from the very low to the very high on ...

Cable Update (GBPUSD)

Try this: url

Cable Update (GBPUSD)

I think its going down now. 1. TP 9448 2. TP 9433 Slow, depends on how you look on it. I expect faster moves in the next several minutes/hours. If it breaks, it breaks hard. PS: Don't trade what I'm saying. I'm absolutely clueless.

Cable Update (GBPUSD)

Good idea. The safest thing would be a breakout of the last high or low.

Cable Update (GBPUSD)

Well, I expect now an up move (retracement), then a possible lower low. Depends on how far he climbs up. I will not trust the movement up now, it could be a search for a better sell price.

Cable Update (GBPUSD)

Well, the market has only made 90 pips so far and it will make the rest of the 130 pips now. Means 40 higher or lower than the last highs/lows. The big boys have money on hand and have a need to throw it away. The longer no reaction, the harder ...

Cable Update (GBPUSD)

It will react faster in the next several minutes. Patience. I have not expected a big reaction to this news because it was not important enough. This is no NFP or CPI.

Cable Update (GBPUSD)

News Current Account: -226B Forecast: -228B Prior: -218B

Cable Update (GBPUSD)

I'm long too. My system tells me a move up, then a retracement or lower than the last low. Not sure about that down move and how far it will go (last time it was wrong too about the second move ). I'm riding the long up and then we will see what ...

Cable Update (GBPUSD)

What you all assume is to understand what "random" mean. No one on earth knows what that means, only the mathematician flip some numbers to 'explain' it. From PSI researches of the past it is known that 'random' can be influenced, not only realtime, ...

Random Price Movement