I've been avoiding cable lately i'm just not on the ball with it atm Ive entered a speculative long at 1.3498 looking for 1.3548. Looking for a pullback to the previous S/R level. 5 to 1 R/R.

Cable Update (GBPUSD)

Too many people posting fake results and after the event trades on this thread now. I'm sure Davit has previously mentioned you are not helping yourselves by this behaviour, whilst learning you should be posting your real time charts mistakes and ...

Pivot Trading

You seem to be doing the opposite of the rules? Are you going to hold/add to that long or close it at B/E? I ask as it is a good live training opportunity for everyone to see the method in action when there is a decision to be made. Thanks

Pivot Trading

7PM tonight will be what decides if there is a reversal. The key will be how many expected rate rises are planned this year, anything less than the expected 4 will cause a reversal IMO

Cable Update (GBPUSD)

Good chance tomorrow if the US interest rate stays on hold and FOMC Statement isn't as hawkish as expected, there is talk of 4 hikes this year. We may see $ reversal. There will be some speculators betting on an early US rate rise this month ...

Cable Update (GBPUSD)

Ive closed shorts now and have swapped to some longs @ 1.3678. Price is now at S61 I want to see what happens here. Failing this then S100 would be my next look. Additonally I am liking this level as many stops will have been cleared out from people ...

Cable Update (GBPUSD)

Details are sketchy with the 15 Billion merger but it is between Sainsburys and ASDA (owned by Walmart a US company). 2 giants of the UK supermarket business. Its suspected they will form a new company which will likely need Walmart,shareholders etc ...

Cable Update (GBPUSD)

url Should produce some demand for GBP as this is a huge merger.

Cable Update (GBPUSD)

Yes its the obvious level across multiple time frames including the monthly. At the moment everyone seems to be shorting the GBP. But what happens IF this level does hold (yes is unlikely) from a risk/reward point of view surely worth a long chance ...

Cable Update (GBPUSD)

$ weakness/selloff helping my multiple longs from S100 level i've moved them all to B/E. Be supercool if we could reach S78.

Cable Update (GBPUSD)

Monthly chart

Cable Update (GBPUSD)

On my chart I have support levels at 1.3780 and 1.3760. After this then there looks to be a cliff egde. We have some big news later first from US 1.30pm and then Carney 3pm so expect some more fireworks.

Cable Update (GBPUSD)

Im glad my trade was stopped out early there lol That news pretty much rules out the May rate rise IMO.

Cable Update (GBPUSD)

I went long at UK open @1.3890, Ill be honest this isnt looking good so far

Cable Update (GBPUSD)

U/J shorts were stopped out at B/E still much dollar strength atm. Despite this looking at the chart I think im going to buy G/U again at S61 (1.3895) which hopefully conincides with US close. Its been happy trading in the range S38-S61 range so ...

Cable Update (GBPUSD)

Annoyed at myself for missing the obvious entry to reload shorts back at S38 (1.3990) area. Too busy gabbing with friends lol and missed the move. Hope some of you took it!

Cable Update (GBPUSD)

I wasn't clear in my post. I meant the ECB and Draghi news caused some initial buying of the Euro in a bid to 'spook or 'trick' us. By holding firm and keeping faith with the pivots we have now obviously been rewarded

Pivot Trading

I guess this Euro bullish movement is testing everyones resolve atm Keep faith in the pivots

Pivot Trading

Certainly looks like the dollar is wobbling after making big gains. We are at key pivots across the board for the dollar. I have entered some U/J shorts @ 109.30 with an open target.

Cable Update (GBPUSD)

url Looks like it changing to just a backbench discussion now so possiblly there will be no vote now.

Cable Update (GBPUSD)