Coffee pulback and the news, seat comfortably and pls fasten the seatbelts

Cable Update (GBPUSD)

Inside bar on H1 encompasinglast 6 hrs

Cable Update (GBPUSD)

Pleasure should at least be proportional to pain, so one should not disquolified himself/herself from good profits. I am holding this baby for several hundred pips, with a large Trailing Stop, with the 1st PT at 1.6320

Cable Update (GBPUSD)

That is right, untill this is not broken I shall short, and reverse to longs when 1.6587 is surpassed to the upside.

Cable Update (GBPUSD)

Looking at ATR today so far 89 pips out of the 182 avarage of the last 25 days. Weekly ATR 253 for this week so far, previus week 275. This is not a hive af activity and the summer range is well esablished. It is therefore likely that the trend on ...

Cable Update (GBPUSD)

When this pair goes down, one must ensure to take good profits. I share the sentiment towards the short position, but nothing is to be taken for granted. Market for the last 6 weeks has been behaving in unusual way, where the well established ...

Cable Update (GBPUSD)

Thanks albchr, I am aware of the EW count and ideed Delta count (which is one of my best approches to trading cable) done by some friends of mine, and they expect an upmove, if my short position is taken out I shall reconsider. I have a hard SL, so ...

Cable Update (GBPUSD)

Evening star printing on H1, I am short with the SL abpve the end of theupper wick. This set up is a bit unballanced but it comes after some move to the upside.

Cable Update (GBPUSD)

Todays Highs have been well tested, and retested giving me confidence to go short with a larger SL atm, shall leave shorts overnight, and see what the morning brings

Cable Update (GBPUSD)

I am looking for the PA to be contained in the range, with the possibility of revisiting the 1.58 zone before major move up.

Cable Update (GBPUSD)

Agree with this, even better if it takes out 1.58 made on the 8th June. My Delta count points to it, but with the summer spread who knows? Anyway I am seriously shorting this pair for the time being.

Cable Update (GBPUSD)

coverred shorts, I do expect much bigger move to the downside, but have to go for the next few hrs and did not want to see good profit go. Many good pips to all, green or red, who care as long as they are positive!

Cable Update (GBPUSD)

Coverred this short with a small profit (+ 20), shall wait for the news release, my sentiment for this pair is to short.

Cable Update (GBPUSD)

Gone short at 1.6541 due to the momentum on H4 possible turning down, so early entry might be a good one. SL just several pips above 1.6580 zone. There is also divergence on H4 and daily on DiNapoli set up.

Cable Update (GBPUSD)

On FF there are some very good threads like James16, Phillip Nel, Bobokus Fibo, cornflower, DIBS and few others. There is so much one can learn from these threads and time spent studying them shall produce benifits. Apart that the summer range ...

Cable Update (GBPUSD)

Hi Navin, good to see you still post and trade well. I have not been that much on this or other forum, just poping in and out from time to time. It is good to read some of your posts. I shall visit this site more often, but while trading I do not ...

Cable Update (GBPUSD)

Retest of the prievious H on H4 will not surprise me at all,indeed I might eves scalp to the upside, yet I expect larger trades taking short positions for the next several days. Because of this tight range, I am not considering hedging my position ...

Cable Update (GBPUSD)

[quote=malcolmb14;2902231]lets see dj ripping ...I smell bull trap the gbp futures end on week on doji with 235 pip spread on week ..... but check out that volume This is a very good analysis, G/U is particularly correlated via USD to the equity ...

Cable Update (GBPUSD)

coverred shorts, I shall not trade that much tomorrow, have to see to other arrangements, might pop in from time to time. Thats it for me for the week. If I was trading I would be tempted to short the DOW as cable often is a forward indicator for ...

Cable Update (GBPUSD)

Very strange, DOW future over 200 pips up and Gold has not reacted, USD got stronger, Crude suspended at 68.80 and cable is hovering at 1.6520 zone while EUR/GBP is tanking a bit. This somehow has to get squerred. All together it is a very confusing ...

Cable Update (GBPUSD)