I agree TT and I do believe you will see your 5780 or lower. I am looking at a retest of 5350 here (not today of course but within the next week or so). C.

Cable Update (GBPUSD)

Here is my view.. Take it for what it's worth and remember this is just my view. This is a Daily chart zoomed way out. Sorry it may be a little difficult to see. BUt if you can, in the current situation we have the red line sloping lower, a bottom ...

Cable Update (GBPUSD)

I must say though, You did find the top very nicely.

Cable Update (GBPUSD)

Sorry, from my earlier posts, I beleive we will head sub 5800 if not even sub 5500. So not me. But I know there are some here with a long bias. Just not sure who they are. C.

Cable Update (GBPUSD)

I agree with Exs. If it gets to that price, we will be in a definate uptrend, thus you will be sitting on many bad trades if it triggers. Those that have seen me preaching in here over the past month or so, know I do have a short bias, but really ...

Cable Update (GBPUSD)

On the flip side... I have my OCO for short under the 5350 spot. Right now, until we get some down action, I look for longs only.

Cable Update (GBPUSD)

Hi Rufus, Ran my first test run this morning on the GBP rate statement release. Went short and bagged 2 pips on the spike. lol.. Not a big spike. C

Rufus

Good Day to you TT, In Dr. D's defense, I have had many detailed discussions with him and I am familiar with compression charts. Dr. D has stated in previous posts that his compression charts only show that something is about to happen, BUT he ...

Cable Update (GBPUSD)

Well, Here is a daily chart with the Fibs from last months candle slapped on it. 1.59 (which is bbakkers call) is the 0 fib from last month. SO.... if we do not break it.....DOWN SHE GOES... However, if we do.. we see 1.61 to 1.6250 (which are the ...

Cable Update (GBPUSD)

Closed @ 5760....2 big pips...lol

The Boardroom

Ok doing a test run..went short 5762. will close in 5 min.

The Boardroom

Back up we go

Cable Update (GBPUSD)

Hey Doc, Yeah, I see it happening anytime from now until March, But like you say and as your chart point out, when it does happen, it will be a big move. C.

Cable Update (GBPUSD)

Tsar, It is probably a pretty good idea. Really to confirm the true downtrend we need a break of 5350. I actually have an OCO order in and waiting under the 5350 mark. C.

Cable Update (GBPUSD)

I was pretty close with that. lol

Cable Update (GBPUSD)

Hey Doc, Good to see you again.. Happy New Year to you. You are right I do see some big happenings with G/U, E/U, etc.. about to happen. I believe we may see it fall to the bottom side as well. For this week I see 5680 being a top resistance with ...

Cable Update (GBPUSD)

Broke right through channel wall moving for a lower fib... Thank Goodness for OCO orders. Trade never activated...but I will leave it open for a few days in case we bounce off 23.6 fib.

The Boardroom

Not only that, but something can remain overbought/oversold for months before it corrects. A real good example.... Do you remember Enron stock? Once that started crashing the signals showed...Oversold...many were buying becasue it ...

EURUSD

Ouch

EURUSD

Thanks for your input Dario, I will consider that as I have noticed the same thing in my days. Not sure exactly how I want to do this yet but I will figure it out. I never really analyzed the news events really close so this will be interesting for ...

The Boardroom