So you don't believe cable has life left in it to bounce at all. Thanks for the heads up. I was originally thinking the puppy has room to go further down. Just didn't know how far up it will climb before it drops again. Sorry, what do you mean by ...

Cable Update (GBPUSD)

I have a oanda demo account. How come I don't eurusd moving down to 1.5437 and up to 1.5478 as you guys are saying? I just see that it's been at 1.5478/88 ever since market closed on Friday.

EURUSD

Am I right in understanding that you feel the CAD decline call is totally incorrect? What is your opinion on USDCAD since that's the pair I have been watching for a little while and would be interested in knowing your take on it. Where do you think ...

decline in CAD watch!!!

JPY weakening? Looks to me like it's been strengthening for the last couple of days, even though it had weakened a little earlier.

decline in CAD watch!!!

I do feel that is the safer thing to do, especially for a newbie like me, who is not very good at recognizing signals and reading charts. The key now is to know when cable has gone up high enough so we can short it. I was in a short position from ...

Cable Update (GBPUSD)

Another reason why cable is more prone to downward pressure is becaue BOE has exibited much more willingness to cut interest rates, and have done so rather consistently, although not as aggressively as the FED. ECB, on the other hand, hass ...

Cable Update (GBPUSD)

I looked at the chart again and I see the morning star configuration you guys are talking about. I am more convinced now from the technical standpoint that cable might be going up at least for a while, and possibly up to 1.97 or 1.98 level you guys ...

Cable Update (GBPUSD)

What's your prediction about usdcad considering the fact that USD is rather weak now, against euro and jpy. Will USDCAD also rally in the weakening wave of the CAD?

decline in CAD watch!!!

The bullish reversal late Friday was very weak. Moreover, for the last week or so, it keeps making lower highs and lower lows. So I just can't see how it could retrace that high because going down again. I was thinking to go long on Friday ...

Cable Update (GBPUSD)

While it is true that it bounced off, I don't expect it to only up to 1.96 before starting back down again.

Cable Update (GBPUSD)

Thank you for your charts. I would like to know if you have an expectation how far up usdjpy would go. What's your take profit level? Thanks.

USD/JPY Discussion

[quote=pepbullish;1993476]I am long friends - Price 102.94 TP 103.74 SL 102.44 - quote] Could you please explain why you are long on usdjpy? I don't see anything in the chart that suggest the drop has stopped and is on its way back up. Thanks.

USD/JPY Discussion

Would like to know what you see in the chart that makes you feel sure that the pair is still headed down? It seems to have found support and climbing now.

EURUSD

Are you saying that cable in the longer time frame is uptrend? I thought the general consensus is down for cable.

Malaysia

Ok. Patience is a virtue and I admit I don't have it, yet.

Malaysia

Green number from the US doesn't seem to be sending eurusd straight down.

Malaysia

The news came out good. But there is still not much movement.

Cable Update (GBPUSD)

Cable is not moving. Any technical reasons for that? Thought after breaking 1.95, it would sail downward consistently.

Cable Update (GBPUSD)

At least you made $20 and didn't lose anything. That's a lot better than what I can say about myself many times.

Cable Update (GBPUSD)

Hehe, would be nice.

Cable Update (GBPUSD)