The big sell off will come Monday, bro...

Cable Update (GBPUSD)

Hourly chart shows a 5 sma retrace after testing and failing the top the recent short term range. There is likely profit taking and short covering ahead of the Dow close. The last hour of the Dow has been a big mover lately.

Cable Update (GBPUSD)

Merry Xmas bro. (A little early...)

Cable Update (GBPUSD)

Gold is getting to a value area soon. Hedge funds are forced to bail out on long positions to cover their losses on long equities, etc. The Vultures are waiting to buy on market Capitulation, in my opinion. this is a long term Annual Seasonal ...

Cable Update (GBPUSD)

Monthly chart is showing an Evening Star formation, confirmed, so far, by the current candle which has another week to run. The Global Economy has weakened to a more sustainable growth. Is this Doom and Gloom? I am looking for Market Capitulation in ...

Cable Update (GBPUSD)

yeah, The Spider Loves the Fly in her web..... What think ye? Risk off sentiment provides value, by corrections. Long term ranges and weekly supports are being tested now. We need a risk on sentiment to resume trend on carry trade pairs. Small ...

Cable Update (GBPUSD)

Aud/usd and usd/cad broke parity..... What Think ye?

Cable Update (GBPUSD)

Wow. Market Sentiment is still Risk Off for now. Risk aversion strategy until it quits working. look for support/resistance areas to re-enter trends. That is what i am doing. Pullbacks are money makers.

Cable Update (GBPUSD)

Aud, Nzd, and Cad got hammered today....

Cable Update (GBPUSD)

Asian session has been bearish sentiment for currencies. Risk off for now.

Cable Update (GBPUSD)

Monitor Market Sentiment. Risk Off? or Risk On? That knowledge will dictate which strategy to use in placing limit orders.

Cable Update (GBPUSD)

daily chart: blue colored one candle mom has crossed over the 5 mom. One candle is signalling a coming 5 sma retrace. Divergent moms.

Cable Update (GBPUSD)

I am standing aside but loading up on limits orders. Here's your downside targets. yellow horizontal trend lines.

Cable Update (GBPUSD)

I had to zoom way out in order to be able to see those horizontal trendline targets here.

Cable Update (GBPUSD)

I see 1.5405 and 1.5343 as the next stop on this bus. Daily chart.

Cable Update (GBPUSD)

I booked 147 pips on the short cable 1.5680. I will wait for the next set up.

Cable Update (GBPUSD)

cluster resistance provided by the yellow 38 fib, the green 61 fib, the brown 55 sma and green 22 sma. The 22 sma has crossed over to the downside of the 55 sma. I placed a limit sell order there. I am having internet connection problems today.

Cable Update (GBPUSD)

got a good set up here.

Cable Update (GBPUSD)

I am standing aside today. I will hunt bargains later.

Cable Update (GBPUSD)

my upside targets were hit.

Cable Update (GBPUSD)