Gotcha. Well here is that spike up I was talking about. Lets see if it hits the target I was talking about and head back down.

Cable Update (GBPUSD)

It appears we are getting it right now. Lets see if it tops out at roughly 1.6275 and head back down. May or may not.

Cable Update (GBPUSD)

Privet, I still believe that this will be another down day. I personally feel we may get one more spike up and then when the London session begins we will get the spike down to test the 1.6165 area. Just my opinion. C.

Cable Update (GBPUSD)

Hello wormboy and all, This is my first post here in ths forum and wormboy, keep up the good work, you are doing good thing here. Now to the subject at hand, I completely agree with both of you here. We should most likely get one more spike up ...

The WoRmHoLe

D1 Up? is this the trend your talking about or just current price? Please explain.

Cable Update (GBPUSD)

This may be as typically if the dollar takes a dump stock rise. I am thinking that the stock market is about to crash again so it would make sense if the dollar rises based on that. Obviously there are other factors involved as well but in short, it ...

Cable Update (GBPUSD)

Do not put to much faith in the news. The news plays in with the charts. The big boys know the news before it is even released. I trade a fibonacci method system. I know people that trade compressions and others that trade patterns. This started it ...

Cable Update (GBPUSD)

Lol

Cable Update (GBPUSD)

PP PP PP Please Eddie, Don't give me to the weasles..

Cable Update (GBPUSD)

Do you have a spare? I do but I don't think you want it! I do, I do, I do give it to me.

Cable Update (GBPUSD)

Agree with you 100%. Get in at the bounces and ride the train back downtown. Pinbar candle yesterday, Hit target fibs for the retraces on monthly (weekly) candle. Short is the safe play.

Cable Update (GBPUSD)

Privet, I am not able to see your charts that you are posting. My 1H bounced off target 138.2 which is my Daily candle fib. I do not see it reaching the levels you are speaking of 1.6471, 1.65253, 1.65890 today are any time this week for that ...

Cable Update (GBPUSD)

NP Noob, this is that retrace back up I was talking about.

Cable Update (GBPUSD)

Ok, thanks I was curious.

Cable Update (GBPUSD)

I like the 1.6350 level and then we will see what happens from there.

Cable Update (GBPUSD)

I broke out my video game so I don't get tempted.

Cable Update (GBPUSD)

I think it will go down lower than that but we may see some retrace before it does. It is your decision to keep open or close but I closed mine waiting for retrace. Again, it depends on which timeframe you trade too so don't close a trade just ...

Cable Update (GBPUSD)

I would keep real tight SL's on those longs though.

Cable Update (GBPUSD)

Shad, Out of curiosity, what are all the dots on your chart? is that moving supports and resistances or pivots?

Cable Update (GBPUSD)

Jemmy, I too closed my shorts, I am looking for a bit of a retrace during the London session before I enter back in.

Cable Update (GBPUSD)