E/U M30 image

The Club!

HaHa... You're talking to a guy who believes anything is possible. If people think somebody is nuts here, they probably think it's me

Cable Update (GBPUSD)

yep. I'm bullish till proven wrong.

Cable Update (GBPUSD)

NFP is next week.

Cable Update (GBPUSD)

Never mind the definition of long term. Although I usually suck at timing, in this case I don't think I would be far off if I said we're due for a meltdown by Q3 2014

Cable Update (GBPUSD)

I've been waiting for these entries since Monday, but you already knew that

Cable Update (GBPUSD)

Today

Cable Update (GBPUSD)

My current status... E/U image G/U image U/CHF image

EurAnalysis

Still in the green and looking good so far. Let's see if I get to keep these positions overnight. G/U image U/CHF image E/U image

Cable Update (GBPUSD)

That will depend on the next high. From there we will be able to measure where the correction should end. However, like all corrections it will be unpredictable. Just to give you some clue, I will take a wild guess that Cable will correct to around ...

Cable Update (GBPUSD)

Construction PMI is not based on econ data and is therefore almost impossible for us (who do not have access to privileged data) to predict. The PMI is survey data compiled from specific questions about future prospects posed to key individuals who ...

Cable Update (GBPUSD)

Very good Baggi. I think everyone should do that.

Cable Update (GBPUSD)

Germany makes goods that the whole world wants and they don't mind paying premium dollar (Euro) for them. This keeps Germany growing regardless of the Euro exchange rate... to a certain point of course, but anything under 1.50 is fine for them. In ...

Cable Update (GBPUSD)

I agree. Cable and Euro will fail against the dollar soon, but not yet. I think Euro needs to see 1.45 and cable needs to see 1.73 However before we get to those dizzying heights that seem to defy all logic, we should see a correction... and before ...

Cable Update (GBPUSD)

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Cable Update (GBPUSD)

I am trying longs from here. I may be a bit early, but I'm cool with that for now. I'll take partial profits at end of day and lock the rest. G/U M15 image

Cable Update (GBPUSD)

Exactly. Patience will get you there in one piece. I am watching 1.6388/1.6400 area for long position

GBPUSD & AUDUSD Daily Analysis

Excellent

Cable Update (GBPUSD)

Yes but I think we see a new high first. Then probably 3285 before 1.45xx. After that I am hoping for 1.14/15

EurAnalysis

I am long E/U at 1.3650 and short U/CHF at 0.9000

Cable Update (GBPUSD)