I love these technical trading terms. Very descriptive if I say so myself.

Cable Update (GBPUSD)

Seems to be pausing a bit here. Is it consolidation before another crack at 1.40 or a pause before the next wave of selling?

Cable Update (GBPUSD)

Short Term — 1.4 seems to be a line in the sand for the short term. Each faction has pushed it across the line at least six times now. Who will win? At least in the short term???

Cable Update (GBPUSD)

Lets see, there are shorts from higher levels covering, there are commercial interest converting USD to GBP's, ther are scalpers trying to get a few pips and the list goes on.

Cable Update (GBPUSD)

Fourth time a charm — Is Cable finally going to stay above 1.4? Is this fourth attempt at a rally going to hold? Only time will tell.

Cable Update (GBPUSD)

Good news for Eur — Even good news for the Eur and not so bad news for the GBP can't seem to move it higher.

Cable Update (GBPUSD)

Good news for EUR — Even good economic news can't seem to move the EUR higher??

EURUSD

Failures — Three failures to stay above 1.40. Is this the signal for lower to come?

Cable Update (GBPUSD)

A bit of fight left — Cable seems to finally have a bit of fit in her and it appears that the one way traffic may be over for a bit.

Cable Update (GBPUSD)

Running out of gas or just pausing — Cable is quiet now. is it running out of gas or just pausing???

Cable Update (GBPUSD)

Opps — There went 1.40 without much of a fight so far.

Cable Update (GBPUSD)

Bold first post — In my dreams I can only hope.

Cable Update (GBPUSD)

I hope so — For myself I hope they last a long time because these moves, both up and down, have been great.

EURUSD

Great Advice — These last few months have not been normal by any stretch of the imagination and I don't think anyone knows how long they will last. Keep up the good work but be sure to bank some of your pips along the way. A rainy day will ...

EURUSD

I hope you get a bounce but don't let it get to far a way from you. I have buy order in at the 1.405 level against my larger sales at 1.3985. Here's hoping we both make pips today.

Cable Update (GBPUSD)

It Borke 1.41 is 1.40 next? — It broke 1.41 and came back to test it but the selling just keeps coming. I would say that 1.40 will be a much more significant level since it is a nice round number.

Cable Update (GBPUSD)

It's Thinking about 1.41 — Sure looks like the GBP is thinking about a serious assault on the 1.41 level. It gave it a little test and now it's waiting to break it. JMHO

Cable Update (GBPUSD)

Taking a breath — Not quite yet, but after a breather it might continue to move lower. The trend is our friend for as long as it will allow us to ride along with it. Green pips to all.

Cable Update (GBPUSD)

What makes it any stronger than 12900 or 12700 or any other price level??

EURUSD

Nice PIPS — Nice trade my friend. In the future there is also the idea of trailing a stop to capture as much of the move as possible. Keep the GREEN Pips coming.

Cable Update (GBPUSD)