Good evening everybody, I just have one question: What data you have to confirm those numbers? a) Technical indicators b) Fundamental data c) Interes rate will be 8% next week d) Jamaican data I'm sorry for be sarcastic, but we have to be real in ...

Cable Update (GBPUSD)

Resistance @ 78.6%? — Well, this is what I see, we could have a resistance point with the daily canddle (spinning top = indecision) @ 1.9967. If that resistance is broken, next resistance will be @ 61.8% - 2.020 area then go down to 1.96 area. ...

Daily Cable Analysis

When UK lower the interes rate, that will make a good drop for cable.

Cable Update (GBPUSD)

Divergence @ three important indicators - DOWN — Well, very interesting the rally last Friday. Right now I see divergence signals with diference indicators. I will be very careful with this movement to the long side. Probably small TP in the ...

Cable Update (GBPUSD)

DealBook — I got your PM, just that I don't have more than 15 posts in order to answer your PM yet. Yes, I do use DealBook for my charting.

Cable Update (GBPUSD)

Let's stay focus here. Patern is on the way to nice reversal — Patern is on the way to nice reversal. Basic 5-0 Requirements Although the pattern incorporates 5 points within the structure (X, A, B, C, D), the starting point of the structure ...

Cable Update (GBPUSD)

My own opinion, I'm not a guru. — Wait for next canddle 4h TF. See chart @ 5M TF bellow. If the price doesn't move above EMA 50 or 100, then a retrasement for a few pips.

Cable Update (GBPUSD)

Tx

Cable Update (GBPUSD)

1.9900 to 1.9885 area to go long then. Cable is not moving according to the news yet. Let's see the next canddle 4h TF.

Cable Update (GBPUSD)

Now this is the correct one. — Now this is the correct one. Actualy A-B leg went up more but in side the parameters of the fibo. 50% fib. could be the long signal. Let's see what happend!

Cable Update (GBPUSD)

This is the chart posted earlier. opsss, wrong chart. This one was closed with profit.

Cable Update (GBPUSD)

The 5-0 still ON TRACK! — Let's see the news what it said. I still see the 50% target @ 1.9886 area according to the patern.

Cable Update (GBPUSD)

Close, 1.9865

Cable Update (GBPUSD)

Potencial Reversal Zone — Let's see if we have a PRZ here. This could be a 5-0 Pattern and here is the definition: The Bullish 5-0 starts at the 0 point, representing an extended down leg to begin the pattern at X. The initial point X acts as ...

Cable Update (GBPUSD)

My broker is still close today. — What is the current price on GBP/USD and GBP/YPY? My broker actually is close and I still have an open position since last Friday (GBP/JPY).

Cable Update (GBPUSD)

Hmmm is right... — Agree, possible reversal there to the next resistant level.

Cable Update (GBPUSD)

Also weekly Fib is looking Down,down — Well, I agree that the 1.96 area is the target here. Possible rebound there. Weekly chart agree with daily TF.

Cable Update (GBPUSD)

COT report for forex traders — Just my 2 pips here, COT report for FX traders. url

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