Up up and away she goes .. 5 PM est is .. 21:00 GMT

Cable Update (GBPUSD)

I dont understand what you mean? I am long from 5900.

Cable Update (GBPUSD)

You suggest buying above 6200? Why?

Cable Update (GBPUSD)

Target today could be 6105, M3 pivot point.

Cable Update (GBPUSD)

why do you have 2 shorts and 1 buy?

Cable Update (GBPUSD)

RBC, one of the largest banks here in canada, predicted that USDCAD would go back to 1.30 when the price was 1.17 ... Dont take these reports to heart.

Cable Update (GBPUSD)

Well just from looking back in time, before a new direction starts after a larger move up or down, such as the recent, a deeper pullback usually occurs .. so anywhere from 50% to 61.8% I would be looking for .. 1.6360 looks good to short. Its far ...

Cable Update (GBPUSD)

Actually i wouldnt .. its not an obvious area on the 4 hour chart .. thats my advice. I was refering to the 15 minute chart in the above post.

Cable Update (GBPUSD)

Ya its an obvious resistance level now .. Dont let it go too much against you if it does though. That 38.2 could produce a nice bounce for us.

Cable Update (GBPUSD)

I'm thinking way beyond there .. maybe a 50% retracement of the whole move down .. i would like to see 6330, near the 61.8

Cable Update (GBPUSD)

I wouldnt short... I think this could produce a meaningful bounce to better prices for shorts...

Cable Update (GBPUSD)

Possibly .. I wont take it .. looking to short higher up. Good luck to those that do

Cable Update (GBPUSD)

Here my GU plan for right now http://www.forexfactory.com/showpost...39&postcount=7

Cable Update (GBPUSD)

EURUSD url USDCAD url GBPUSD url Three plans I put together last week and tweaked having this weeks pivot data. If USD is to continue being bullish, these should help enjoy some of it.

The WoRmHoLe

UPDATE Looking more towards 6180 now ... a 78.6%, 50% and near 38.2% .. weekly pivot @ 6188 .. beyond 6200 look for 6240 ish (a 38.2, 61.8 and old support).

Jack C's Trade Plans and Ideas

UPDATE Showing two fibs now ... area of interest still 1.1030/1.1060 Contained here are a trendline, 38.2%, 50% and 61.8% and weekly pivot (1.1060)

Jack C's Trade Plans and Ideas

UPDATE ... Same area with update fib ... that wick was response to news so i excluded it .. We see now in this configuration the 61.8 overlaps almost exact to the neckline of the HS pattern. Larger fib has a 38.2 at about 4080 overlapping with the ...

Jack C's Trade Plans and Ideas

I've found that the pound tends to find resistance between 38.2 and 61.8 .. 50% has been the one i rely most on and it just so happens that the 50 overlaps exactly with recent support

Cable Update (GBPUSD)

Ill first look to sell at 6090 but if that level doesnt hold then 6240

Cable Update (GBPUSD)

1.6090 to begin .. but as high as 6240 to short. I agree with longing near 55 .. wait for confirmation though. Market may like 5300 or 5000 better .. We'll see when she gets there!

Cable Update (GBPUSD)