We also had the BOJ news. (which may not have been completely priced in early London session) Shirakawa annouced they're doubling thier lending program to 220 Billion dollars and keeping overnight rate at 0.1 percent which will weaken yen. This was ...

Cable Update (GBPUSD)

lol If people understood the basics of supply and distribution they wouldn't have been short in this area. The large orders are most likely sitting above 15410. 140 on GY. Whenever we get near this kind of prize the defense lines are stronger the ...

Cable Update (GBPUSD)

BOJ Press Conference Shirakawa annouced they're doubling thier lending program to 220 Billion dollars and keeping overnight rate at 0.1 percent.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Would you mind not using the word "Jap" Thanks

Cable Update (GBPUSD)

target hit. url

Cable Update (GBPUSD)

Welcome back GM ping pong.. lol If we can hold above the blue TL, upside targets in red. url If we drop below again, same downside targets as yesterday. url please excuse my messy work chart. hope it's legible.

Cable Update (GBPUSD)

First, to respond to the post above mine, an MA is a finite impulse response filter averaged over a specific time period. If a 10MA merely represented where price was 10 days ago, it would be useless. David, In terms of your research on MAs, a lot ...

Measuring the 'edge' you get from a moving average

banked profits here. a test of prior resistance as support in this area is logical. (same for 136.5 area GY) if this area doesn't hold, lots of free space to fall url url

Cable Update (GBPUSD)

lol... now I'm hungry.

Backing Trades Thru Charts

A few pairs in similar state of driving into the wedge. No breakout yet on the GY or GU, and no major news, so it may be boring day. ...still some decent small trades in the range until this gets sorted.

Backing Trades Thru Charts

Frankfurt opening in 24 minutes. url

Cable Update (GBPUSD)

I added your neckline to my chart. Looks like a good possibility. could see a potential Frankie headfake test of the ltl before a move up as well. (lower circle)

Backing Trades Thru Charts

nice chart. Blue monthly TL is current battle line. Keeping an eye on that as well. If we can clearly break above it, then an up move will gain momentum. atm we're sitting under it in a critical area, so I'd like to see how SR plays out ...

Cable Update (GBPUSD)

current chart

Cable Update (GBPUSD)

Yes, but check Oct. 16 - Oct. 23 or Jan 14 - Jan. 19 on your 4H. What's your RSX saying there? If we test 15060 and it's rejected, then a similar distributed move up may follow to 15400 area (with some chop around 15245). If 15060 gives way, we'll ...

Cable Update (GBPUSD)

In the economic downturn, those without degrees have been the hardest hit because they typically work in the construction and services industries. People are going back to school to add skills, and he's giving young people advice to drop out? ...

The video store

Minor ones, yes. Major ones, no. Everyone trades differently. The way I see it, the cost of entry is cheap, so if we're ready for a major pullback, I bank my profits, take the counter trade, and re-enter once we cross back up. and I don't try to ...

Cable Update (GBPUSD)

yep... Stopping out longs and catching shorts before it rockets back up wouldn't be a surprise. That's the beauty of trading your charts and not having a bias. By keeping your analysis tight, you can time your entries well, set a threshold for ...

Cable Update (GBPUSD)

We break out the sake we get there! 141 on Dragon too! (we may hit that sooner...)

Cable Update (GBPUSD)

Sure, I'll drink the Koolaid. 1.9 here we come... WooHoo!

Cable Update (GBPUSD)