short target — k, sold at 690 and target is 645

Cable Update (GBPUSD)

Selling cable — Goodday I'm selling cable at 690 for 50 pips.

Cable Update (GBPUSD)

Selling cable — Ok, I'm closing my 3 longs , from yesterday 9693, 9714 and 9729 at 9768. And then I'm taking 2 shorts. I've placed stops on all 3 longs at 9729 now.

Cable Update (GBPUSD)

Bought cable — Yeah,I bought at 729 and 705, will add one more at 693.

Cable Update (GBPUSD)

Buying cable at 9729 — I'll be buying cable at 9729 with target back up to 2.0000

Cable Update (GBPUSD)

Still down — I mentioned yesterday that cable will have a high today then come back down. It's following nicely. Today should have a low of about 9903, then tomorrow will toy with the 9848 area. I still reckon we are the way to 9661 for next ...

Cable Update (GBPUSD)

Down down down LOL — Ok, I have cable going to high of 2.0045 tomorrow, then continuing downtrend to 1.9662 for next week Thursday.

Cable Update (GBPUSD)

Cable bounces 2.0103 area — Ok, so cable has bounced in this area. Now if daily will close above 2.0203, so I presime that we will close week in the 2.0500 area.

Cable Update (GBPUSD)

Cable day close above/below 2.0152 — If cable closes the day above 2.0152, it will show divergnce on stochastics. I suspect that the lowest it will go 2.0096 tomorrow then bounce back up. This low could be the start of a new slow rally ...

Cable Update (GBPUSD)

Cable trade — Ok, I'm re-adjusting targets. I'll aim for 2.0388 then take 3 shorts from there

Cable Update (GBPUSD)

Cable trade — Today I'll buy cable at 2.0320 with target of 2.0391

Cable Update (GBPUSD)

cable trade — Ok, close 2 long positins at target of 2.0360, cable's own Ferrari, and moved sl of remainder lot to 2.0320

Cable Update (GBPUSD)

cable trade — Ok, plenty of fireworks gonna start in the next 3 minutes, so move my sl on 2 positions up to 2.0316 and the third position sl is at open 2.0300.

Cable Update (GBPUSD)

Cable trade — Ok, I have entered 3 lots long at cable at 2.0300 as mentioned earlier. I sdaid I wanted 60 pips on the first 2 lots. Looking at the 4hr chart, the fib ext 38.2 comes in at 2.0369 also being roughly the 4hr 50sma, so 60 pips ...

Cable Update (GBPUSD)

Closed at Target 1 — Ok, so I have closed my short from 2.0424 first target 2.0320 the 61.8 ext as mentioned yesterday. I took another short on the break of 2.0366. And seeing that it is such a long bear candle, I will to take a counter long ...

Cable Update (GBPUSD)

Reason — The reason I'm short is becasue if you have a look at the daily chart, you'll notice the daily stochastics is heading down. The 4hr and 1hr stochs have been heading up so are just waiting to turn over. Now what I did fail to spot this ...

Cable Update (GBPUSD)

added another short — I just added another short at 2.0424

Cable Update (GBPUSD)

cable down to 2.0078ish — I took a short on cable from 2.0385 as it hit the high of 9 Oct at 2.03921, black line. The reqson for the short is because the daily stochs are heading down as you see in the pic below. Also the 4hr and 1hr stochs ...

Cable Update (GBPUSD)

My thoughts — Hi guys There are 4 poss scenarios on cable. So look out for them. This is a daily chart. We can either bounce of 2.0492 then down to targets (1) 2.0257, or (2) 2.0150 or (3)2.0079. (4)There is the possibility of breaking 2.0492 ...

Cable Update (GBPUSD)

some life — somebody asked for some life, so just posting my thoughts here I'm looking for a short on gbpyen at 241.49. Possible targets (1) 235.28 (2) 231.46 (3) 241.03 If we reach 241.03 then on this weekly chart we'll have a head and ...

Daily GBP/JPY analysis