47 pip range so far. Expect a decent move tomorrow - perrhaps similar to last Monday’s scenario?? She’s still in an uptrend channel. I personally expect 1.39 and then possible turn next week. But.. who knows

Cable Update (GBPUSD)

Sure. That makes sense. Thanks.

Cable Update (GBPUSD)

Out of interest, how do you judge that the current London Open is loaded with volume? Is there a way to tell that only by looking at the candles and what time frame would you refer to? I guess the principle of the hot potato is 100% valid and all ...

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I’m betting on this bullish momentum to carry on during NY

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Worry not… wait for 1.3910 IMO

Cable Update (GBPUSD)

GU long at 1.3754 right at the touch of the trendline, which represents a 45 degree, 1x1 angle. The price is performing a very fine balancing act at this point. SL just below the trendline. I hope I'll get it right this time lol

Cable Update (GBPUSD)

Only a daily closing below yesterday’s low would make me think in terms of her having a chance to go bearish as per my idea from yesterday, when I got hit with a loss after I went short. Otherwise it’s still a bears trap and she could head for the ...

Cable Update (GBPUSD)

The speech was last Sunday if I am correct and listening to the news, Mr.Bailey committed BoE of rising the rate. Obviously no one has any idea when though…This is the talk of the town now. Bullish October… 1.40 -1.4200?? I hope your recent short is ...

Cable Update (GBPUSD)

I think BeeTogether said it best in a couple of lines. Technically she was ready to drop by the looks of it, but fundamentally they’re stirring the crap out of her IMO. She is always right though, no arguments here.

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I was horribly wrong. Shorted, she stopped me out. I’m not buying this move.

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I expect a LL on the daily today. Looking for short after LO.

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48 pip range so far… very slooooow day… short at 1.3728 (45th degree of the circle), targeting the 90th degree of the circle - i.e the move between 1.3411 and 1.3773, expecting her to hit 1.3682 during NY. If she does that, for me that would be a ...

Cable Update (GBPUSD)

London closing rally might take it there and then … sell

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Thanks, great theory by the way and extremely complicated on the surface. As far as I understand, Gann used mainly four steps to define the moves – numerology, SQ9, angles and astrology. Combined all together this is the actual Sang Real. What I’ve ...

Cable Update (GBPUSD)

You’ve joined the club with all the sneaky dislikes, congrats and welcome! I think you’ve nailed it in terms of GU longer term S/R. The Square of 9 shows the same logic as you’ve explained it. IMO GU likes to move in increments of 30 degrees – equal ...

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Jealousy has its very own sneaky mysterious ways, but it eats the hater inside, tearing him to pieces lol

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She has not moved a lot to the short side within nearly an hour. Out of the short scalp with a small profit, compensation for my earlier loss.

Cable Update (GBPUSD)

I’m still on about this angle at 1.369x…. Usually areas around the 45 and 90 degree angle mark tops or bottoms in the market and 1.369x – 1.371x is very significant as a resistance IMO. So far the theory is failing to materialize because of Pat ...

Cable Update (GBPUSD)

The theory failed… SL hit -12 loss

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I thought the same lol...

Cable Update (GBPUSD)