Nice Inverse Head & Shoulders that might play out and point to 132ish.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Thank you — Blazer, I know others have said it, but I would like to extend another "Thank You" for sharing the Forex Music Site with us. I had been setting the TV to one of the cable music channels, but this is much better. Green Pips to all.

What kind of music you hear while you trade?

The bueauty of the FX market is that there is NOT just one perfect buy or sell point. They actually occur quite often depending on your trading style and MM.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Possible H&S — image It looks like it is possibly shaping up to be a near perfect Inverted Head & Shoulders reversal patter. Watching it to see if it fully develops. If so, it points to about 132. God luck and Green Pips to all.

Auslanco - GBP/JPY and GBP/USD (newstrade)

If we get the Bull Flag you drew on your chart, we would have a classic inverted H & S. Something to watch.

Auslanco - GBP/JPY and GBP/USD (newstrade)

You are not an average Joe. You have taken it upon yourself to better your situation through your own thoughts, experience, learning and effort. 99.99% of the world waits for some one else (boss, government etc) to determine their outcome in life. ...

Cable Update (GBPUSD)

Trade calls, insights and opinions are fine, but name calling is a little juvenile. For as many posters as there are on this forum, there are that many different trading styles. Some longer term and some very short term. For those that are ...

Cable Update (GBPUSD)

He has made seven posts and they all point to his website. Not cool.

Cable Update (GBPUSD)

Unfortunately, much of my success has come from simple longevity. I traded in the pits for over ten years in the 80's & early 90's and it left its mark on me. It took me quite a while to adapt to the faceless world of desk trading, as compared to ...

Daily candle chart

THANK YOU — Always enjoy lurking, reeading and learning from you guys. Keep up the great work and remember that even though it may not be said, your input is greatly appreciated.

Daily candle chart

I wonder how many buys there are between 13700 & 13680 with their stops just below that level? Could be a wild ride for a bit.

Cable Update (GBPUSD)

NOW it looks like we might be breaking down out of the Bear flag on the 5m TF. Good luck my friend.

Cable Update (GBPUSD)

Patience my friend. You won't miss the move when it comes.

Cable Update (GBPUSD)

Not for the faint of heart — Some wild swings here, but I guess it is to be expected around these historic price levels. A lot of nervous Bears covering their shorts, some Bulls convinced that this is the absolute bottom, and oh yea over a 1k ...

Cable Update (GBPUSD)

Patience. All in good time.

Cable Update (GBPUSD)

That was just the review of the PREVIOUS rate decision showing what the vote was. They have NOT lowered interest rates today. Good luck and keep asking questions.

Cable Update (GBPUSD)

Watch closely but I think it might get up to the 13825 to 13850 area. This would keep the flag symmetrical and the 50 EMA is in that area too. Watch to see if the 13800 level rejects the price again.

Cable Update (GBPUSD)

No great surprises either way with all the reports. Now it is time to see how the numbers are digested by the market and watch to see if the BEAR is just taking another nap and will wake up when this Bear Flag on the 5M chart is completed.

Cable Update (GBPUSD)

Good luck to all, and oh yea don't forget to fasten your seat belts before the roller coaster leaves the station.

Cable Update (GBPUSD)

Welcome to the Waiting Game — Seems as if the market is waiting for the flood of data in 20 minutes and is content to wait it out at this level. Will be interesting to see how the 13700 & 13680 levels play out today. I'll be waiting and ...

Cable Update (GBPUSD)