what about the H1 then...? cable loves the FITTY!!! image

Cable Update (GBPUSD)

85.4 fib displayed here on m1 image

Cable Update (GBPUSD)

thats a real broker in action there.. redbeben ...

Cable Update (GBPUSD)

looks like subscribers got the news early to me too... crunch on the h4 coming?... uptrend meets the bearish divergence... who's gonna win place your bets... not every player wins a prize!!! long...short...or sideways to NFP...

Cable Update (GBPUSD)

as for how others approach it... well I could not say... I stick to the simple recent swings, I sometimes display them in posts on different timeframes... as for my own derivation, I have looked at 1000's of examples and drawing conclusion and with ...

Cable Update (GBPUSD)

dual fibs at potential supply zone... will it lead to anything..who knows...? image image

Cable Update (GBPUSD)

Hi Dr D, there was a swing low there that defined the start of new demand... on that timframe... given the rules that i use to define a swing low... look at the m30 chart and it will show it more clearly... the h4 trend displays the swing points and ...

Cable Update (GBPUSD)

fibo's are a very helpful tool in the traders survival kit... they are like matches...they can light the way... "be aware though, they are of not much use if you don't have anything to burn!, except maybe your fingers". another example image

Cable Update (GBPUSD)

hi BBKing I use fibonacci levels on any timeframe and draw them predominately to capture the retracement value of the last 2 fully formed obvious swing points... 85.4 is part of the fib sequence 100*0.618 = 61.8 61.8*0.618 = 38.2 38.2*0.618 = 23.6 ...

Cable Update (GBPUSD)

rejection at 85.4 image

Cable Update (GBPUSD)

this 61.8 rectrace could be a hurdle to new highs? image

Cable Update (GBPUSD)

the bulls came back at the 85.4 fib of the m30 range image

Cable Update (GBPUSD)

H1 showing some converging trendlines... image

Cable Update (GBPUSD)

85.4 fib getting some action again image can the bulls take over or will they wait for greener pasture? image

Cable Update (GBPUSD)

wonder how serious the bulls are? 50 fib in play on m5 image

Cable Update (GBPUSD)

another 85.4 fib getting in the way image

Cable Update (GBPUSD)

Bank Holiday in US today...George Washington's birthday

Cable Update (GBPUSD)

price finding support at the 61.8 of H1 so far image

Cable Update (GBPUSD)

a couple of recent 85.4 fib retracements on m5... image image

Cable Update (GBPUSD)

a friend sent this one over today... gotta love those accounting tweaks! what number do you want it to be? “ACCOUNTING TWEAK COULD SAVE FED FROM LOSES” (Reuters) “Concerns that the Federal Reserve could suffer losses on its massive bond holdings may ...

Cable Update (GBPUSD)