if.

Auslanco - GBP/JPY and GBP/USD (newstrade)

you mean 236.5, i don't think it's going much more deeper than that; i have a pending long there.

Auslanco - GBP/JPY and GBP/USD (newstrade)

right... also, nobody is bearish on this thread now isn't it just kidding. anyway, this is only my view and my trades. nobody will remember what i said, so i might as well go get a good sleep.

Auslanco - GBP/JPY and GBP/USD (newstrade)

i guess i have to keep telling you all: the uptrend is NOT OVER yet. the daily fib from the last big fall has not closed properly, it is between 0.618 and 0.786. for this reason, i think that this move down is just a retracement and it should end at ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

no it won't. 235.9 and then most probably up again. i believe next stop on the way up is 244.28.

Auslanco - GBP/JPY and GBP/USD (newstrade)

i just noticed the range on g-u: 15 pips for the last 3 hours. at first i thought the broker' server was down... but no! well i say it can do better than that, like 5 pips in 8 hours.

Cable Update (GBPUSD)

yes. and it's not even finished. i guess it's going down to 235.9. and then UP again, probably 244.28.

Auslanco - GBP/JPY and GBP/USD (newstrade)

thanks! as for the next move, i just said - it's going up, above 2.0437. run a fibo to find a better target. after that... i believe it's going deep down, but... we'll see.

Cable Update (GBPUSD)

g-j down? nah... this is just a retracement. it'll shoot up again.

Cable Update (GBPUSD)

just give it one more chance and then you'll see some nice action.

Cable Update (GBPUSD)

are you following me, bullrock???

Cable Update (GBPUSD)

alright, here's another trade: pending long @ 2.0320, tp @ 2.0450. sl? hm... well... ahem... 2.0280? 2.0265...

Cable Update (GBPUSD)

oh but size DOES matter .

Cable Update (GBPUSD)

yes that's what he said.

Cable Update (GBPUSD)

i posted this yesterday... if anyone remembers... i'm watching another long position, it should go somewhere between 2.0450-2.0475 (but more than 2.0437 anyway). IF i see a reversal pattern on h1 around 2.0287 or 2.0268 (however, a break below ...

Cable Update (GBPUSD)

well, we will be able to think about wave c when we see where wave b ends. from my point of view, this h1 retracement is not over yet; it just started. now, since the actual h4 wave is a corrective one, chances are we'll see a rather big correction ...

Cable Update (GBPUSD)

if we're talking about h1 charts, then yes, a retracement is due to 23.6 (2.0391) or 38.2 (2.0363) to complete wave b from the current h4 cycle. then up again (wave c) to finish the current h4 cycle and then down towards 1.9650. this is my scenario. ...

Cable Update (GBPUSD)

depends on the timeframe. if we're talking about daily chart, then i see a daily wave down (from 2.0493, wave C on the chart) to below 1.9650. it's not looking like a correction, but more like an impulse.

Cable Update (GBPUSD)

not yet. and it won't be a correction.

Cable Update (GBPUSD)

i believe you're right. 2.0400 to 2.0440 area, then down again for the next h4 wave.

Cable Update (GBPUSD)