Have just closed my long for 75 pip profit - now looking for a short.

Cable Update (GBPUSD)

Think it's time to join the Bulls - I'm going to start loading longs. reasons - touching Upward Trend Line. - current trend is upward - higher highs and higher lows. - Will buy again at 1.5700 which is cent and 786 on 1 hour - if that breaks - I'll ...

Cable Update (GBPUSD)

Could this be the right shoulder of the classic Head and Shoulders formation? I'll start shorting again at 1.58200 - good resistance levels for the right shoulder.

Cable Update (GBPUSD)

It has just hit the 618 on the 1 hour FIB. So indications are good for a reversal - I only trade 4 hour and above as I find lower time frames too risky. I would only look at entring a long at the 1.5700 level. Otherwise look for a short 1.5830 level. ...

Cable Update (GBPUSD)

Closed my short for 60pips. Now looking for long

Cable Update (GBPUSD)

Aaaah, my 1 hour tweezers failed, I'm still short - SL is at 1.5854, the big test for the BULLS to break through yesterday's wall at 1.58200 - time will tell. TP 1.5730

Cable Update (GBPUSD)

Tweezer tops on 1 hour - time to short the right shoulder!

Cable Update (GBPUSD)

This could be forming a classic Head & Shoulders formation on the 4 hour. Watching it closely.

Cable Update (GBPUSD)

Say no more! image

Cable Update (GBPUSD)

4 hour Fib convergence at 1.5800 - looking for Tweezer Top signal on 4 hour, or shooting star on 8 hour in 1.5 hours to short.

Cable Update (GBPUSD)

Peanut butter Jar opened!!

Cable Update (GBPUSD)

Hi B_B, great chart, I'd also like to add that the cable hit the daily A2 382 FIB and is currently just below the A1 786 FIB - This is also resistance, Bears are going to have a pik nik this afternoon.

Cable Update (GBPUSD)

Good advice - looks like the 8 hour Shooting Star is going to fail. so won't add to short!

Cable Update (GBPUSD)

Shooting Star on the 4 hour close of the asian session - looks like we'll get a shooting star at the 8 hour close in 50 mins. This will be 2 pips short of hitting the daily 786 at 1.5246. So I'm SHORT from 1.5200. SL at 1.5280 target 1.5100.

Cable Update (GBPUSD)

4 hour and 8 hour Shooting Star off the daily 786 at 1.5240 = SHORT signal. See you at 1.5100 (I hope)

Cable Update (GBPUSD)

Shooting Stars on 4 hour and 8 hour and daily looking good - I'm short - target 1.5000 SL 1.5260. Have a great weekend everyone!

Cable Update (GBPUSD)

Sorry my comment was out of line!

Cable Update (GBPUSD)

Yes and BP = Big Pricks!

Cable Update (GBPUSD)

Think there has been a Non-Farm leak, oh looks as though they have stopped it!! maybe not, oh but maybe - or is that the BP oil well that has stuffed up the environment forever - Say NO to BP - Go well Go Shell!

Cable Update (GBPUSD)

Crown / H & S — Crown / H&S formation mentioned a few days ago worked out. url This is what I'm seeing at the mo. A bigger Crown / H & S might be forming. image

Cable Update (GBPUSD)