Out at 39. Have made target for today so will sit and see what develops. Didnt go long, wish I had now, but better safe than sorry !

Daily Cable Analysis

Sorry bud, double.

Cable Update (GBPUSD)

Also dbl top forming on hourly's.

Cable Update (GBPUSD)

MY ERROR - It IS 06 and NOT 05. Sorry, trying to type with one hand at present as my left is all strapped up following an operation two weeks ago. At least we are on the same page. Andy

Daily Cable Analysis

I have just been studying the daily's and 9585 is the median from 27/11/05 to date. Its also a strong fib level during Feb. This will take some breaking so I am going long around 9615 and short at 9570 from now.

Daily Cable Analysis

I agree 110% with your sentiment on this one Enzo.

Daily Cable Analysis

CORRECTION, 200 SMA NOT EMA.......sorry!

Daily Cable Analysis

The question now is "will London open consolidate Frankfurt?" Frankfurt has been opening down all week for London to recover, could we see this reversed today? The main body of the daily has finally poked through the triangle which could signal the ...

Daily Cable Analysis

Could be a dbl bottom, I need my 9 and 20 ema's to cross on 5 min and MACD before I get in....lets see what happens. BTW, have you been to the Carnival yet this year?

Cable Update (GBPUSD)

Waitin for another hit at 9490 and then for the right signals and maybe I can do it all over again! If it goes past 75 then I'll do a "Henry" and short the life outa it !

Cable Update (GBPUSD)

Yep, triggered my stops at 30 but i had been in long at 91, 02 and 14 with 30 lots so i am a happy bunny!

Cable Update (GBPUSD)

MANY THANKS FOR THIS CEARNC ..... a great learning tool and helped me out no end. Remind me I owe you a beer or three if you are ever in the UK or I am in RDJ.

Cable Update (GBPUSD)

At least Man Utd won last night against some Frenchie cry babies ! "its our ball and we dont want to play anymore"

Cable Update (GBPUSD)

We are also holding the 50ema on the 5 min chart.

Daily Cable Analysis

I agree on the 9534 point and am watching the 5 min charts for early indication, then 15 min for confirmation. The hourly 200 seems to be holding. If we get close to 34 again I may have a speculative long.

Daily Cable Analysis

After more analysis make it entry long at 9590 tp9665 and short 9540 tp 20

Cable Update (GBPUSD)

Well, after a successful day I have banked the lot and now will place an entry long at 9575 with a sl at 9550. Also a sell at 9540 and limit 9490. Then i will watch and wait !

Cable Update (GBPUSD)

I went long at 9482 with a sl at 55 and tp 40. so far so good, sl now at 9520 and moving up manually. Any ideas where we are going? Watching for a top around 9550 at present.

Cable Update (GBPUSD)

Thanks for this Monarch,

Daily Cable Analysis

Oh I do like it when a plan comes together....entered multiple trades and now have 67 pips ! Stops set at 90 for now.

Daily Cable Analysis