Guys this is a range until its broken. Buy near 6200/6300 sell near 6500/6600.

Cable Update (GBPUSD)

I think you bought too high up .. a but around 1.3100 would have been better.

No Brainer Trades

The only candles that close at the same time all around the world are the 1-h candles .. I have stayed consistent using charts that have GMT .. the end of the forex day for me is at 00:00GMT, or 8pm EST.

Cable Update (GBPUSD)

Hmm .. well it did close below 6500 on my broker (FXCM) and mt4 charts .. formed a funny looking hammer on the hourly. No thoughts really

Cable Update (GBPUSD)

Watch the 4-h close in about 8 minutes at 12pm EST .. Already have a doji and could form a second one. This will be bearish and may catalyze yet another fall toward 6200

Cable Update (GBPUSD)

Are you still short above 6500?

Daily Cable Vision

PA on the 15 minute seems to be pointing the other way .. I just shorted 6515 above daily R1.

Cable Update (GBPUSD)

amen to that.. took 120 overnight on the bounce from the daily pivots in london!

Cable Update (GBPUSD)

Evening everyone .. i was on a little vacation visiting my old roomates back in my university town and havent been posting much. Ill see some of you tomorrow for the NY session around 730 am EST. Good luck tonight!

Cable Update (GBPUSD)

Ive got an order for 6470 to short, target 6340 above daily S1 pivot .. stop above 6500

Cable Update (GBPUSD)

i like the 50-61.8 a bit better since it is near the 6470/80 and daily pivot is 6470

Cable Update (GBPUSD)

Hey guys .. i think i made a comment about a short earlier which I am still holding This is clearly range trading .. buy near 6200 and sell near to 6600 .. until is breaks down

Cable Update (GBPUSD)

I prefer longs at 6370 .. daily pivot and old resistance support

Cable Update (GBPUSD)

SL is BE now TP is open

Cable Update (GBPUSD)

shooting star on H1 against 1.6470/80 on increased volume .. malcomb this indicates sellers on the hourly timeframe? I am short from 6470.

Cable Update (GBPUSD)

good good.. havnt been tradin/around here much thought id get in for a scalp how you doing

Cable Update (GBPUSD)

hey longed at 80 .. BE stop already tho .. USDCAD 1-hr chart looking goog to short

Cable Update (GBPUSD)

Anyone going to take a USDCAD close (either 2100 or 0000 GMT) near to or below 1.15 as a selling opportunity? Daily shows this as a pretty significant level.

No Brainer Trades

nice move .. based on the daily range GU is putting up these days ,, she may pullback again and then we'll see another sell off Trendline resistance at 6300 plus psych level .. expect buyers unless it breaks!

Cable Update (GBPUSD)

me too! first target 6365

Cable Update (GBPUSD)