Right now we are stuck at a nice confluence .. Trendline plus 38.2 (1.6430) from the entire fall from the top. This is the decision point IMO.

Cable Update (GBPUSD)

nice trades from down there!

Cable Update (GBPUSD)

I have never seen price do what its doing right now on FXCM lol 2 pip spread to 20 pips then back and forth .. whats happening here haha

Cable Update (GBPUSD)

ya man .. i have some time to contribute again ... very busy though with school

Cable Update (GBPUSD)

Average short of 6408 =)

Cable Update (GBPUSD)

Lots yes, but as posted earlier wait for decent confirmation. Navin shows a nice flag forming and that favors a break up. So be patient

Cable Update (GBPUSD)

This is a very low risk sell option. There is a 38.2% from the entire move down at 6430 along with the TL. A fall from here and a bounce off 6130 is expected based on the 4h chart.

Cable Update (GBPUSD)

nice .. my chart is the same! im in that trade as well .. from 6320 and 6350

Daily Cable Analysis

2 charts... Daily --> bullish divergence off 5700 area and now a strong bounce + break of TL. still a large TL in the way 4-hour --> better view of break, I am long 1.6000 after the 4h close above the TL last night as for direction, i am bearish ...

Cable Update (GBPUSD)

heres the weekly view .. i already took the long .. a climb to 1.06 is definitely possible and is my first target

No Brainer Trades

I call for some USD strength .. look at USD/CAD .. back to 1.03 =)

Cable Update (GBPUSD)

trading is well now .. i've worked it into my studying for school check this out too .. monthly AUD/USD, also check the chart i quoted in the post as well url

Cable Update (GBPUSD)

Another view of AUDUSD .. again, with gold and RBA statement, cautionn .. looks promising to the downside no?

No Brainer Trades

whats up bro! hey guys .. interesting close on todays djia .. check it out .. made a lower swing low, retraced 61.8% and made a doji .. time for dollar strength????

Cable Update (GBPUSD)

hey you too .. when an opportunity presents, yes .. i'm waiting to long around 1.03 based on its weekly .. untill then flat

Cable Update (GBPUSD)

this sucker isnt moving until the rate annoucment .. after the RBA raising rates, all other rate annoucements will be heavily weighted .. take care in taking fresh positions now guys aud/usd looks toppy on the weekly .. check it out

Cable Update (GBPUSD)

watch this one closely =)

No Brainer Trades

correction time?

AUD/USD

daily double top on aud/usd with bearish divergence .. take caution though, AUD rates increased and this may push through the previous swing high

No Brainer Trades

hey all .. the USD is still pretty tightly tied to the DJIA .. finally saw a meaningful down move this week, and retest of support (which is hopefully now resistance) today (9600 level) .. also note daily MACD bearish divergence against the 10,000 ...

Cable Update (GBPUSD)