If you look at the daily, there is crazy support there. We probably have found a bottom, look for it to climb up now.

Cable Update (GBPUSD)

Hey Lucky.......... that sounds about nice right now!

Cable Update (GBPUSD)

How do you figure that?

Cable Update (GBPUSD)

Glad I Took The Loss When I Did!!!!

Cable Update (GBPUSD)

Is it ever, this is one of my worst days.............EVER!!! I am done, trading for today.

Cable Update (GBPUSD)

I WISH!!!

Cable Update (GBPUSD)

If its ranging, it has no choice but to go up. If its trending, it has no choice but to go up, because there is ALOT of resistance going down and the fundamentals just does not support that kind of momentum downward.

Cable Update (GBPUSD)

It might be ranging

Cable Update (GBPUSD)

perhaps triple bottom??

Cable Update (GBPUSD)

targeting above yesterday's high............

Cable Update (GBPUSD)

That bollinger band and adx will probably send you broke if you pay attention to that bro, TRADE NAKED!!!!

Cable Update (GBPUSD)

Damn, inflation is sky high in the UK, wonder what that could mean?...........

Cable Update (GBPUSD)

Done for today.........market is very undecided, hard to pick a direction.

Cable Update (GBPUSD)

lets see if Trichet is a HAWK and props up this cable!!!!

Cable Update (GBPUSD)

not you alone buddy, trust me!!!

Cable Update (GBPUSD)

That would be SWEET!!!!.........with the hold on the BOE, seems very likely, they are not in a hurry to go anywhere.

Cable Update (GBPUSD)

Buy order placed at 1.9534, downchannel on the 4hr was close to being touched which was enough for me to go long.

Cable Update (GBPUSD)

LOADED!!

Cable Update (GBPUSD)

Nah, I dont think so. Not until we hit that bottome trendline on the 4hr. The cable has no reason to go up, none at all. We hit a lower high, now time for the lower low.

Cable Update (GBPUSD)

lots of support there, thats all. It will break it though

Cable Update (GBPUSD)