Ok this week is already closed. Yesterday Cable managed to break weekly R3 (1.522) and EMA(200) on daily (1.55) agressively. Today this pair has tried to retest these former resistances and failed. H4 Candle didn't manage to close below R3 and daily ...

Cable Update (GBPUSD)

Although I welcome any long action for Cable, I don't think this pair will go beyond 1.576 today. If NFP comes out weaker than expected, I think, it is already priced in by the action of the last few days. So it will only surprise the market if the ...

Cable Update (GBPUSD)

Haha .. I don't feel like teaching anyone, although some posters need a 'lesson' though Just want to share my thought, but if you don't mind and consider it as a lesson, you are welcome I myself learn direct or indirect, thesis or antithesis, ...

Cable Update (GBPUSD)

Wow what a move! And I missed the show. I did think, it would be quite straight forward till the end of the month, but I didn't expect something like this today. My view on Cable is still unchanged. We are seeing Wave 2 now, and according to the ...

Cable Update (GBPUSD)

It seems quite straight forward until the end of the month actually .. this time I'd rather follow EW-rules. It is just like solar eclipse, only occurs once in a while. But when it comes, you won't miss it

Cable Update (GBPUSD)

I think we are approaching the final lap of the first wave. Hence time to pullback. So it will probably try higher to 1.544/1.549 during early London's session and go down to 1.530/1.533 or 1.526 in extension afterward. I'll watchout EMA(100) on H4 ...

Cable Update (GBPUSD)

I am not better than anyone else here. I too just want to see Cable going long (until the wave is completed .. 1.60-1.62 my guess) and don't bother if someone says my system is full of crap

Cable Update (GBPUSD)

People only hear what they want to hear, and see what they want to see

Cable Update (GBPUSD)

After taking a break from the rally, I think, today Cable will try to test daily R3 (1.541) and probably make a pullback there, with daily R1 (1.534) as possible target. As the previous moves, it's gonna ride the Elliott Waves again until 1.549-1553 ...

Cable Update (GBPUSD)

Last week I thought 1.538-1.542 would be a nice level to short. Now that we have seen Cable trying to test 1.538 on Monday, I am a little bit confused, as the uptrend seems so strong and could test 1.549-1.553 (weekly R3) first before making a ...

Cable Update (GBPUSD)

Congratulation! I failed to see last week's R1 (1.524) and Pivot (1.5138), where Cable bounced up and down nicely. But still I myself prefer to wait till the wave completed before jump in opposite direction. Once again good for you.

Cable Update (GBPUSD)

I'd rather wait till the Wave completed for countertrade. What was your target? GL to you too and have a nice weekend

Cable Update (GBPUSD)

You really have the guts Why don't you wait till 1.527 or 1.53? Don't wanna miss the train?

Cable Update (GBPUSD)

In the longer term perpective, I think Wave 5 was completed with the Hi of 2008. The subsequent drop was Wave A. And now we are in the closing phase of Wave B. The upcoming drop to 1.1 would be the final Wace C then. In term of the Fundamentals, I'd ...

Cable Update (GBPUSD)

If Pivot 1.519 hold then we will see 1.527 or 1.53 today and 1.538-1.542 next week. It is about 200 pips away, my average weekly range. I am not fond of fancy indicators, just simple maths

Cable Update (GBPUSD)

We already have Friday Pivot here. P 1.5192, R1 1.5274, R2 1.5318. These are the most important levels I think. It seems that we are in (subsub) Wave 3 now, I wonder where it will end. R1 and R2? have to consult with other signals in the course of ...

Cable Update (GBPUSD)

Don't bother to identify me. I am a convinced bull for a few months ahead, with target 1.60-1.62 and Elliott Wave in mind (not always, but this time it seems fit perfectly). Then I will switch side. Even if it is possible that Cable will make a ...

Cable Update (GBPUSD)

Google It or take a look in Wikipedia .. Oh you've updated Saya pasang posisi long sampai Wave 5 selesai. Jadi santai aja. Pusing kalau ikutin gerakan harian

Cable Update (GBPUSD)

Maybe or maybe not. Some say Wave 5 is the strongest. Let's see .. But I think this year we will see it goes like in a textbook. Perfect for beginners Semoga sukses ...

Cable Update (GBPUSD)

I think Wave 2 is completed. The previous Wave 1 and 2 with the subwave therein were formed perfectly. Now we will ride Wave 3. I will consider shorting at 1.538-1.542, which coincides with S2 Weekly, while keeping my long positions open. Target ...

Cable Update (GBPUSD)