Think its dollar weakness rather than pound strength look at fiber.

Cable Update (GBPUSD)

I posted this last week and we just broke 66 fairly convincingly - who knows maybe I was right.... url

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Try EJ much better IMHO..

Cable Update (GBPUSD)

Not sure if you mean trading but it can be done and lots of guys here prove it. The problem is knowing which ones are telling the truth and which ones are just on demo. I've been following FF for a long time and I 'think' I know whos posting llive ...

Cable Update (GBPUSD)

I am fine thanks - its everyone else I'm worried about.

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No I don't believe it but I think a lot on this thread use the conspiracy theory to excuse thir losses - it makes them feel better, if they can blame someone else for losing..

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If it s a conspiracy its not your fault if you lose - you can blame the conspirators LOL...

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So if they're sellers why hasn't price gone down?

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If the rhetoric on this thread could move the market w'd be at 1.6 already lol.

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Chris, There is another cable thread on FF started by Eohater and called - 'Trade what you see, not what you expect' Everone on here seems to be 'expecting' price to drop so they are short. Yeah sometimes you'll get lucky but thats no way to trade ...

Cable Update (GBPUSD)

Exactly.

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There was some discussion yesterday about the 6520 area and that it was strong resistance bcos it had rejected price 3 times... url Now I'm not a TA expert but my understand of s/r is that the more times an s/r level is tested the weaker it ...

Cable Update (GBPUSD)

Hi all, That could be bcos SNB are selling Franc tho..

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I actually hope it does so I can load some more longs..

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Yep me too, If u look at Pa today its tested 6520 3 times. Eventually its gotta give.

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So - now not only are we trying to pick the top we're trying to second guess the news. Crazy or what...

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Hey - I think we agree

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Yeah but I regard the PA of the past few weeks as a range not a trend - see my chart from this am. Ain't forex wonderful - 2 guys can look at the same chart and see completely different things....

Cable Update (GBPUSD)

I guess it depends how u draw the trend lines lol. image

Cable Update (GBPUSD)