This was the chart I posted earlier today - and when I took my position - I gave everyone here a hint.....hope you took it! url Cheers Faller.... And for anyone new here....no I am not making a call after the fact so I am posting my trading ...

Cable Update (GBPUSD)

very nice.

Cable Update (GBPUSD)

with all of this bad economic news coming from everywhere - all we need now is for the UK to say yes......we are easing more......flood the market with pounds........ I think that will be the next headline - UK to Ease more -

Cable Update (GBPUSD)

also watch that USDX - it is currently moving up on small good volume.

Cable Update (GBPUSD)

I am not the SmArt -

Cable Update (GBPUSD)

respectfully - being in sync or not being in sync does not mean much lately or for that fact since at least the beginning of this year.......I stopped looking for correlations as the past while they just do not make sense - I do monitor other pairs ...

Cable Update (GBPUSD)

very good.....

Cable Update (GBPUSD)

something I posted today at 6:30AM url

Cable Update (GBPUSD)

you make me laugh! 50/50 that it will move up or down! you forgot the percentage if the price goes sideways! I say it all in fun! But really - the 50/50 thing is a daily occurrence!!!

Cable Update (GBPUSD)

all good my friend - I was just posting information - it is up to the individual trader to use the information as they see fit - you have to look at price action and price levels and I use a couple of basic indicators when looking at my charts - so ...

Cable Update (GBPUSD)

if there are sell stops below 1.5900 as suggested - that would lead to a quick initial drop to 1.5884, then 1.5850 - if if momentum picks up could see 1.5800 by days end - if that scenario plays out - I am going to start looking at where we started ...

Cable Update (GBPUSD)

url

Cable Update (GBPUSD)

url

Cable Update (GBPUSD)

and with Britain hosting the Olympics....that only puts more downside pressure on the economy....huge expenses - no country is ever profitable when hosting the Olympics - just a huge drain on the economy.

Cable Update (GBPUSD)

one more quarter of negative GDP for Britain and they are technically in a recession.

Cable Update (GBPUSD)

I am looking for the USDX to make a run to 80 soon...

Cable Update (GBPUSD)

if equities keep correcting from the move down late yesterday afternoon......that would mean a lot in the forex markets.

Cable Update (GBPUSD)

remember

Cable Update (GBPUSD)

Important information inside the BLUE circle on my chart......will have to see if it continues -

Cable Update (GBPUSD)

Market talk of sell stops below 1.5900 in GBP/USD - Unconfirmed FX Commentary

Cable Update (GBPUSD)