Lunchtime doldrums — No professional activity at this time to want to turn this back up. Still a bit more to go on the downside.

Cable Update (GBPUSD)

Up & Down like a toilet seat. — Good old cable. Tricky but not soooo tricky. See if 6108 area will hold now and then back north.

Cable Update (GBPUSD)

6240 Previous HIgh — 6240 is the last high that we came down from into 5895 low. 6240 was an intermediate term delta high that was due on that day. If we take that number out it will confirm the delta low at 5895 came in a couple days early ...

Cable Update (GBPUSD)

Change in trend? — It appears we have just started the last little leg up in this move from 5895. A high above 6240 will confirm the uptrend is in place and should run for a couple weeks, perhaps into the end of the month. A pullback is due ...

Cable Update (GBPUSD)

UP, UP & AWAY — GM - looks like only you and I thought this might go higher end of last week. For me really appears that the intermediate delta low is in and now for about a 2 week move north. Should complete wave 1 up today from 5895. I ...

Cable Update (GBPUSD)

Trade Guider Webinar — Do not know if everyone is aware of this or not. Trade Guider will be doing a webinar tomorrow afternoon on VSA. For those trying to learn VSA this will probably be a learning experience for you. I am in no way ...

Trade Using VSA (Volume Spread Analysis)

Wild ride! — Good old cable has that way of sticking in a confusing low and this was no exception. To be able to just stick to one's guns and say to H with it would be nice. I feel we have made the turn and are moving north now to that 1.718 ...

Cable Update (GBPUSD)

What a thread — I hate to do this BUT................. I am in the EST time zone, go to bed for 7 hours and get up and look at this thread. There are 17 pages of posts that I start to read. Now done 1 hour later. Is it any wonder there are 17 ...

Cable Update (GBPUSD)

Where to? — Hi GM Today may have been the low for the move, however the action since 8:30am today has not really been impulsive to the upside. Cable is funny and it will stick in a low like this and then explode north. Right now at 9:30pm I am ...

Cable Update (GBPUSD)

Still down? — 15 min chart looks like putting in a symmetrical triangle which is not an impulsive move to the upside. Can be read as a 4th wave before final move down. That would cause the 4 hr chart to end up having an extended 5th wave as ...

Cable Update (GBPUSD)

Is the turn in? — If we have put in an early low here I will be looking for explosive move north to the 171.90 level. Dollar index to me stinks and I think there will be a fast move down in it by Jan 29th or if slower into March. Cable and ...

Cable Update (GBPUSD)

Deep retrace — A fairly deep retrace of a first wave up in a perfect a-b-c showing on the 15 min charts. See if we can move north from here.

Cable Update (GBPUSD)

Retrace complete? — The move down from 8:00 pm EST last night was in 5 waves on the hourly chart from the 4th wave high as noted yesterday. The 4 hour now looks complete also unless extension occurs to the downside. Time wise we will have put ...

Cable Update (GBPUSD)

"Nibirites" — I think there is a bunch in this room!

Cable Update (GBPUSD)

15 minute testing — Appears if the 5907 low can hold for a bit we may see a 5958 retrace in here. I see an irregular 3-3-5 flat building on the 15 min chart. I have 5905 as S2 today. 15 min hammer low being tested with pros looking for further ...

Cable Update (GBPUSD)

Looking Good — Nice to see this move overnight to the downside as I expected. Only wish I was in the London time area when most of the moves take place. You guys in the London to east have it made for time. 3:00 am for me is not a good time to ...

Cable Update (GBPUSD)

Bottom? — I am curious - bottom of what? the day? the move? Where does NN say we are going now then?

Cable Update (GBPUSD)

Base Re-test not done yet? — GM, reading your post I feel the base re-test has not been completed at this time. The 4 hour chart for me shows that we need another wave down to complete the retrace move down from 1.6235 high on Dec 31. It was ...

Cable Update (GBPUSD)

Compressions — Hey Dr D don't get your socks in a knot, I am just trying to figure out how this may work on somewhat of a consistent basis. I have loaded a MA ribbon to a 5 min chart and studying it why it does what it does. I see the packing ...

Cable Update (GBPUSD)

Which way? — FT I think your compression is showing the faster averages about to turn to the upside which is strength to go north. They lag of course as you know. The compression is merely the crossing over of the averages I feel. Showing a ...

Cable Update (GBPUSD)