Four hour just gave an up signal. Will be interesting to see where this winds up after I wake.

Cable Update (GBPUSD)

Why are you adding shorts if you think it's bullish?

Cable Update (GBPUSD)

I think the numbers aren't going to be so good for NFP tomorrow. 199 is a pretty high number. That being said, GBPUSD seems to gain strength on the strength of the US Stock market. If the numbers aren't too good tomorrow, the market will go down. If ...

Cable Update (GBPUSD)

The report on deflation seems to really be giving the bears some major momentum right now.

Cable Update (GBPUSD)

My bad, I didn't even notice the picture. I saw: " Wonderful daily bullish pinbar setup with 50% retracement entry!" And thought you were talking about a daily head and shoulders set up.

Cable Update (GBPUSD)

I'm not seeing the head and shoulders on the daily. I see a head, and a left shoulder, but we have at least a week, probably more like two weeks, before we build that second shoulder.

Cable Update (GBPUSD)

The Daily looks like complete indecision. I wonder if we're going to get that until NFP.

Cable Update (GBPUSD)

I was wondering why we were up so strong this morning, and then I noticed that the DOW is up 100 points. If the DOW pulls backs from here, which I expect, then GBPUSD should also pull back. But if we have a strong day over 100 on the DOW, I expect ...

Cable Update (GBPUSD)

I'm impressed. And I think you're right not to try and convince people that you have something. Better to just do what you do and make your money and if you want to help other people, just show the evidence as you're doing and let them come to you. ...

Cable Update (GBPUSD)

You all have some pretty darn tight stop loses. Wish I was that confident of my BE.

Cable Update (GBPUSD)

We already have this. It's called your broker.

Virtual open outcry via IM

Ya'll are much too quiet! For what it's worth, this is the trend line I'm expecting. 4 hour chart. image

Cable Update (GBPUSD)

If we go back down through the 6200 area, we'll have entered back into the downtrend from years passed.

Cable Update (GBPUSD)

Adam, I don't trade on the 5 minute, but everything you posted made perfect sense to me and is about how I trade most times, when I'm scalping.

Cable Update (GBPUSD)

I was looking at the intraday of the DJIA. image Notice it shot up towards the end of the day? But when this was happening, GBP was headed down. True, we came back up in the last hour. But the market was turning down then.

Cable Update (GBPUSD)

I don't like when the market is shooting up and the GBP/USD isn't following. Could be though that everyone is gone for the weekend already, I suppose.

Cable Update (GBPUSD)

I think it's both important. Fundamentals can give us an edge. The charts tell me what traders, the majority (Or the ones with the most money) are thinking. Basically, charts turn me into Professor X. If we go down, this tells me that people are ...

Cable Update (GBPUSD)

Does it matter what Ben says? He's done. What matters now is what Janet Yellen says/does.

Cable Update (GBPUSD)