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    • edindzeko replied Feb 13, 2014

      There are always patterns to support your case bull or bear. Its just which ones end up working out and then bulls will say "told ya so"... so sure maybe its a bear flag, maybe its the top of a range... I think its pretty obvious that this has been ...

      Cable Update (GBPUSD)
    • edindzeko replied Feb 13, 2014

      Looking at the weekly candle it either closes around 1.65 to give the bears another long wick or we're getting a full body and pressing onwards. A lot of "signals" say its overbought and it "should" come down. But when 78% of retail is short and ...

      Cable Update (GBPUSD)
    • edindzeko replied Feb 12, 2014

      Could still rally to 171 but seeming unlikely. Depends on how long you want to hold it, overall its still bullish and after we retrace to 167 area I'll probably consider long. FX-RAY can probably chime in with some more wisdom, dude knows this pair ...

      Geppy's Geppy Thread (GBP/JPY)
    • edindzeko replied Feb 12, 2014

      Yeah seems to be soaring now but its too late to be bullish imho unless you're just scalping. This year has been a lot of traps so far with EU and GU, don't see how this one is different as of now. May take until next week to see any significant ...

      Cable Update (GBPUSD)