Closed everything at 1.5345. Re-opening shorts between 1.5367 & 1.5380.

Cable Update (GBPUSD)

Way down I hope

Cable Update (GBPUSD)

Let's see.

Cable Update (GBPUSD)

Oil up, GU down, should have been the opposite, right? So either a big shoot up (unlikely) or as soon as oil turns down GU would start breaking through supports.

Cable Update (GBPUSD)

Stops now at 1.5370 (BE).

Cable Update (GBPUSD)

And finally (took 30 minutes more). Now rechecking 21DMA, if it's broken next stop is 1.5345 (200EMA on the 4H), then 1.5334 (DS1), then 1.5324 (MCP) and then 1.5291. Lots of support down there

Cable Update (GBPUSD)

It's not a bad spread if it is fixed. Saxo had a spread of 4 in GU and Dukascopy & Pepperstone range between 0.2-1.0 but they charge commissions on top, so approx. 1-1.8.

Cable Update (GBPUSD)

Sometimes these moves are artificial. My broker didn't move past 1.53604 in the down move in the past 10 hours. Just check other feeds from other brokers too to confirm it's not your broker messing up.

Cable Update (GBPUSD)

I give it a few minutes to break down, 5-10 max. If not then it's gonna be a stalemate range between 1.5360-90.

Cable Update (GBPUSD)

Moar down please. 1.38 would be good to place longs by the end of the year! Short 1.53666, sl at 1.54 tp at 1.5291. Added at 1.5374 with the small spike up.

Cable Update (GBPUSD)

Sitting between 21 & 55 dma (55 broken today), stopped just above 21 and little below is the 200 ema of 4h & 61.8% of the move down from beginning of the year. I am short again at 1.5370, but it's not gonna be easy to break below 1.534x. Hope news ...

Cable Update (GBPUSD)

Made back last night's dinner money with the wife. It can go wherever it wants now

Cable Update (GBPUSD)

Still looking for the dreaded 1.5350. Out of E/G shorts for now too.

Cable Update (GBPUSD)

Closed E/G longs at .7285, changed to shorts, target daily open.

Cable Update (GBPUSD)

Yeah I know it's not now. Would probably close at 1.5420 if it doesn't get my SL. Don't wanna keep for long due to dentist apointment. But I am hoping it would go down to <1.5397 by the end of day to have a slightly bearish week so I can open new ...

Cable Update (GBPUSD)

1.5350 now or never :/ SL at daily pivot 1.5450.

Cable Update (GBPUSD)

Short @1.5414. Looking for 1.5350 still. Stop @1.54288. & out or not? Surprised it didn't take me out yet. Maybe the bulls ain't so strong atm.

Cable Update (GBPUSD)

It was enough to kill my shorts:/ Starting new ones. In a day with better than expected GDP I don't think PMI matters much.

Cable Update (GBPUSD)

target 1.5350 (1.618), sl 1.5450: will move sl to 1.5410 if 1.54 is hit.

Cable Update (GBPUSD)

As much as I'd hate to see it (Ebay US crap prices would be higher for us with Euro or Drachma) it's something I am waiting to long again until 1.40!

EURUSD