Revision: 2. Going above 1.6208: Close.

Cable Update (GBPUSD)

My view: 1. Unable to go below 1.6155: Close. 2. Going above 1.6223: Close. Or in other words: Close unless we go below 1.6155, if we go above 1.6223: Close immediately. If we tank below, keep your shorts. Later: Close if 1.615 is not respected as ...

Cable Update (GBPUSD)

Solid support @ 1.6155. Unless it's broken, short term shorts are off.

Cable Update (GBPUSD)

Oh, did you give up on 1.58? I think there's still more juice on the short side

Cable Update (GBPUSD)

Hear, hear! Good advice! So far, looking good & Wall Street action is supportive (I'm hoping to see a test of Wednesday's lows). It's probably a good idea to close some 1.63xx shorts if we're unable to break trough 1.6150 tonight.

Cable Update (GBPUSD)

Still holding my shorts (1.6354). I am going to monitor closely. Will currently take partial if > 1.6223, and re-consider shorts if Wall Street sentiment should turn positive. But I'm expecting further deterioration. So far, a good day for me, now ...

Cable Update (GBPUSD)

He-he, some less bad news would do just fine

Cable Update (GBPUSD)

I'm with you. Although, you're a bit shorter than me, he-he Expecting the U.S. session to tank (I believe we would need stocks to open strongly to the upside to counter this scenario). A serving of bad news now would be a nice catalyst, and get ...

Cable Update (GBPUSD)

Nice & tidy technical trading in the Asian session, we briefly touched 1.62704. If we can break 1.6270 early in the European session, good downside momentum is possible. If not, it's back up to 1.6371, 1.6381 and a potential follow trough day. SL ...

Cable Update (GBPUSD)

Stocks are weakening. We're finally playing 'by the book' again

Cable Update (GBPUSD)

Not set. But 1.6270 should be a likely short term target, if she starts moving down. Would move SL to BE on < 1.6323 on this one.

Cable Update (GBPUSD)

Short @ 1.6354, SL @ 1.6393.

Cable Update (GBPUSD)

What a day for cable! Best gains in weeks! But I won't get suckered into any long by the wonky market action today. Scouting for good levels to short cable, short stocks, long $VIX. I smell a rat...

Cable Update (GBPUSD)

This one's a classic!

Cesarnc's market talk, gossips, rumours & fun

Ah! Looking "better" now! Below yesterday's low in cable, stocks & oil!

Cable Update (GBPUSD)

Boring chop-chop day Awaiting AA earnings after market close. Keeping my short, it has been busy flipping up/down trough BE all day long.

Cable Update (GBPUSD)

Short @ 1.6096 (initial SL @ 1.6310).

Cable Update (GBPUSD)

Yes, if you want real action - trade crude!

Cable Update (GBPUSD)

Yeah, but let's say you had 2 millions to put in... Weekly profit: 12,5 millions

Cable Update (GBPUSD)

Good call! Maybe you'll be there soon... As you say, there will always be an opportunity!

Cable Update (GBPUSD)