I know a full time trader who only trades the monthly. Possibilities are endless.

Cable Update (GBPUSD)

Definitely agree. 1.4 - 1.35 is right around the corner, but looking at this current retracement makes me think we will definitely hit that upper TL. Hopefully we will get some nice "wickage" when we hit the TL

Cable Update (GBPUSD)

5900?? That is almost out of the question, unless you want to hold your trade for months

Cable Update (GBPUSD)

Looking at the weekly makes me feel the bear run isn't done yet. I feel we could possibly see 1.4-1.39 within 1-3 weeks. Our current bullish movement seems no different than prior retracements in the bear run from the 1.7 area. Bulls look weak. Also ...

Cable Update (GBPUSD)

Weekly is looking good for shorts

Cable Update (GBPUSD)

Alert alert....h&s h&s h&s

Cable Update (GBPUSD)

Nice, I am gonna ride it out, but i will close it if the four hour candle closes with a large wick.

Cable Update (GBPUSD)

Just be on the watch out for a possible H&S in the making

Cable Update (GBPUSD)

And in order to get to 1.5 or 1.4870, we still have to break the resistence which we are are currently at.

Cable Update (GBPUSD)

If the actual figure ends up coming out lower than the forcast (-23), it is supposed to be good for the pound.

Cable Update (GBPUSD)

image We could possibly have a head and shoulders in the making. Bulls, don't get your panties wet just yet. The 4840-4815 area may not seem like a significant level from looking at the current price action but it is very much a big deal. I don't ...

Cable Update (GBPUSD)

I can't see his words helping anything, period. Except maybe those collecting a welfare check every month.

Cable Update (GBPUSD)

There's definitely a possibility. Look at the daily and put a line at 4800. In the recent past, that has been a fairly significant level. Also, there does appear to be a bull flag on 4hr but there also appears to be a bear flag on the daily. ...

Cable Update (GBPUSD)

You seem confident. When Ifeel that confident I usually lose. My prayers go with you as well.

Cable Update (GBPUSD)

Why doesn't the chart show what the Messiah Barrack Obama has done in his first year and a half as president? Also, where are all of the other democratic presidents in the 1900's. Your chart seems very bias and deceiving.

EURUSD

nope those are just me drawing them. They are all the exact same line, but just duplicated many times. Beats any TL indicator

Cable Update (GBPUSD)

bear flags on the daily seem to be the key to this market. image

Cable Update (GBPUSD)

Or maybe the inverted head and shoulders is what they want you to think is going to happen, and once the shoulder has developed in the 2250 area, it will just continue down, and down and down........ tricky basterds

EURUSD

image

EURUSD

too high, too quickly. Not sustainable. back down we go.

Cable Update (GBPUSD)