Going down, shorts, now?? Only thing going down right now is the dollar: image We're in "rocket ride" up mode. Be careful now, unless you are long from 1.6460 or 1.6510, of course

Cable Update (GBPUSD)

1.6614 is starting to look like a very likely target for tomorrow, followed by 1.7106 in a week, if we break 1.6740 to the upside. Or, it might just be a good short @ resistance...

Cable Update (GBPUSD)

Stocks going north (again!!), so I don't see us going lower than the 1.6460 level again tonight.

Cable Update (GBPUSD)

I'm bullish at the moment, but don't see any setup I like. Or maybe you asked for bullish pins or patterns?

Cable Update (GBPUSD)

Spot on! Excellent target calculation! While my short just retraced and got closed out @ BE (1.6500).

Cable Update (GBPUSD)

Short @ 1.6500, SL @ 1.6523. Intraday targets: 1.6440.

Cable Update (GBPUSD)

Yes, you are right about the importance of good setups. And yes, that setup wasn't the best one. At least it seems very obvious now, as the setup failed and resulted in an 11 pip loss.

Cable Update (GBPUSD)

Dollar alert — Broken!

Cable Update (GBPUSD)

The dollar is re-testing yesterdays lows in a few moments. Interesting... 8 days of straight gains for stocks?? Shorting seemed like the right thing to do!

Cable Update (GBPUSD)

Closed (-11).

Cable Update (GBPUSD)

Yes, you are very right about that! "Roller coaster" mode today...

Cable Update (GBPUSD)

Short @ 1.6423, SL @ 1.6453. Intraday targets 1.6385.

Cable Update (GBPUSD)

Oh, no, not yet another senate hearing!

Cable Update (GBPUSD)

This is madness. Closed @ BE.

Cable Update (GBPUSD)

Finally! Keep dropping, baby

Cable Update (GBPUSD)

Looks like we hit good resistance @ 1.6390. Short @ 1.6373 SL @ 1.6396. Intraday targets: 1.6310, 1.6268.

Cable Update (GBPUSD)

Nah, closed @ BE, she refuses to go down yet...

Cable Update (GBPUSD)

Short @ 1.6378.

Cable Update (GBPUSD)

I agree on more potential downside action, my initial target is 1.6268. Will look for a good short opportunity on any up-side action.

Cable Update (GBPUSD)

Nice drop, but l'm a bit late to the party. So no shorts for me But 1.6268 looks interesting, I hope to see some price action down there today.

Cable Update (GBPUSD)