do you feel 9651 can form a strong support for a trend to 9940 based on daily.

Cable Update (GBPUSD)

Where is the harm in trying to duplicate the COT in terms of retail traders using MT4 for getting better trend understanding.

Cable Update (GBPUSD)

I will still wait on the fence for the evolving trend.

Cable Update (GBPUSD)

insult ???????? where did that come from ??

Cable Update (GBPUSD)

oh i get it now, that was a 5 min trend call, alright its your thread, i will wait on the fence and watch.

Cable Update (GBPUSD)

I will wait till cable hits weekly 0% fib level first, that is my exit level for my current short.

Cable Update (GBPUSD)

I am using a custom designed indicator The interesting fact is that Buyers+Sellers = Volume

Cable Update (GBPUSD)

1 hour charts: Buyers: 124 Sellers: 841 Daily Charts Buyers: 1649 Sellers: 2914 Monthly Charts: Buyers: 16148 Sellers: 148891 Interesting

Cable Update (GBPUSD)

Yikes !!! What did I do ? GU dropped 40 pips right after my post.

Cable Update (GBPUSD)

I am 500 Lots long on EU [in my dreams]

Something big is about to happen...

9550 on cable this week.

Cable Update (GBPUSD)

who went long on GU ?

Cable Update (GBPUSD)

i got my long position and my short position exactly as expected.

Cable Update (GBPUSD)

and 99% chances are that 9651 will be broken.

Cable Update (GBPUSD)

The crucial levels here now are 9936 and 9651. If 9651 is broken then we go all the way down to 9194 But if 9936 is broken then we go up to 2.0173

Cable Update (GBPUSD)

oooooooohhh i am loving it, GU jumped exactly as expected in this chart url

Cable Update (GBPUSD)

thanks for reminding me, since NFP is today the jump will be limited by 9753 level, being a strong reistance level, we should see a continued downtrend after that.

Cable Update (GBPUSD)

On a shorter time fr ame of Daily, this is a chart of sterling shorts of 6 months, which shows that a small retrace uipwards could be expected. Since next week will be NFP week, we might see a small jump in GBPUSD. This is just an observation, not a ...

Cable Update (GBPUSD)

This is a 4 year chart of sterling shorts, which shows that pound sterling is being sold heavily. Overall Monthly GBPUSD also shows 9 times more sellers than buyers. Hope this helps in taking a good decision.

Cable Update (GBPUSD)

On my trade server which is fxopen I am getting a level of 9534 for downtrend, followed by a possible retrace to 9753. The levels may differ on different servers because of server time zone.

Cable Update (GBPUSD)