dude dont u remember the rally from 93 to 99 the indicators always showed overbought and still we saw cable rising. dont place all ur trust in them trust me they dont work just look at the 4h candle. doesnt look like a good time to buy at the moment ...

Cable Update (GBPUSD)

y would u say that?

Cable Update (GBPUSD)

anybody think this is over?

Cable Update (GBPUSD)

u have all the right to brag because u were the only one who sold from the begining of the ride. well done my friend u are playing professional football with cable.

Cable Update (GBPUSD)

Finallyyyyyyyyyyyyyyyyyyy im waiting to make one more short guess with this momentum and with dollar strengthening we might even c 9600 today who knows.

Cable Update (GBPUSD)

join the range trading in cable.

Cable Update (GBPUSD)

i dont think technically we can get anywhere. i beleive we have set supports and resistances so unless we brake them we have no trend for the moment. about the adp nonfarm... the forecast is pretty weak so i think we might c a surprise there.

Cable Update (GBPUSD)

people are just not sure which is weaker gbp or usd but time will tell. have patience my friend and sooner or later its about to explode either way. plus dollar seems to be on a rebound so im sticking with bearish bias as i believe we will see a cut ...

Cable Update (GBPUSD)

exactly

Cable Update (GBPUSD)

it actually helped a bit

Cable Update (GBPUSD)

good luck man just remember there are a lot of outside factors that have effect on this currency.

Cable Update (GBPUSD)

you can always trade gbp/jpy

Cable Update (GBPUSD)

looking the same here. i think we r gona have to wait to thursday.

Cable Update (GBPUSD)

well thats good bernanke did not flip the markets.

Cable Update (GBPUSD)

u c its not always that difficult. the difficult part these days is lying in the USD part of GBP/USD. the market reaction for dollar these days is highly exaggerated. thats y trading pairs against usd isn't easy no matter how many indicators u have.

Cable Update (GBPUSD)

so im right commodities will tell us about dollar. but wat if opec said they will decrease production. oil will push gold up with it????????

Cable Update (GBPUSD)

i think we can c a bottom wen commodities start going south. wen gold retreats back to 950 silver to 19$ e.t.c... im not sure if thats a good way to find out feel free to correct me.

Cable Update (GBPUSD)

bernanke always has tricks up his sleeve. plus the markets are over reacting to his statements especially news traders. the balance has to be restored to the forex markets some time soon.

Cable Update (GBPUSD)

oh i thought u meant move market SOUTH.

Cable Update (GBPUSD)

i thought he meant bernanke will give dollar a push thats y im asking. anyway dance for us is wat i expect.

Cable Update (GBPUSD)