Actually, it stopped quite a bit above it on my IBFX feed. Unless I've drawn it wrong?? I'm actually thinking long from here now....LOL

Cable Update (GBPUSD)

Agreed. Just curious, how long do you wait after a news release? I like to wait until this hour closes at least.

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There ya go! Best of luck to you on that plan.... Sounds like a reasonable one to me.

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Comments like that do nothing but confuse new traders. Short? From where? How much patience? What's your plan? Where's your chart or even a comment on where you plan to enter, a SL & target(s) for exit and why?

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LOL...with all this "wicked" price movement...., there just isn't anything to talk about.....

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You're not confusing me buddy. Just adding to my knowledge for which I'm very grateful. Every day I learn a little more. Nothing wrong with that....

Cable Update (GBPUSD)

Yeah, I'm not. That's why I ALWAYS wait a bit into the next bar. I never enter a trade right off the close of a bar. And as usual, you're right on the money my friend!!!..... Now if this hour closes as a nice pin below 6320, That would fit ...

Cable Update (GBPUSD)

I see. So your ltl was drawn from the 2 wicks at the swing low? See, that's where I get confused. To me, there wasn't 2 lower points to draw one. But I see what you're doing. Thanks buddy. Didn't mean to put you through any work like that. Much ...

Cable Update (GBPUSD)

Your English is fine. I always marvel at all the folks here that know at least 2 languages. Wish I did....

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You're asking the wrong guy. I know less about stocks than I do about Forex and I'm still learning that...LOL All I know (from my very limited knowledge) is right now, stocks are way to risky for me in this economy.

Cable Update (GBPUSD)

Well, the GU & EU have been traveling in different directions for a few days now. So it "might" just be good confirmation for your long. Hmmmm...that hour closed below my 6320. I'm thinking a short may be in order now. But I'll wait for a bit and ...

Cable Update (GBPUSD)

Then...ummm...why are you doing it?

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LOL...true but, if I had placed a sell every time it stalled yesterday, I'd be in a world of hurt right now....LOL

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Hey BB!... Naaa....LOL....It's 5:49 AM here. A little chilly for the "outside" office...LOL Stuck to the chair with wheels in the inside one right now. How about you buddy? Any bias here ATM?

Cable Update (GBPUSD)

Based on what?? I mean, you may be right but leads you to believe that?

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Hey WB, I've never used TL's before (I think they're subjective as to how you draw them and I don't really know how) but, give me your take on this one. It intersects with my SR at 6320 which is where I've been thinking of shorting. Soooo...if price ...

Cable Update (GBPUSD)

I hear ya on the "just trade what's seen", I do the same. Since the next strong SR levels on my chart are 6320 & 6220 and it's hovering right around 6300 now, I'm still flat and watching. I don't pay much attention to news other than being careful ...

Cable Update (GBPUSD)

Good MAE Everyone...... How's the trading going? Been looking for a nice jump point on GU since yesterday. Starting to think the top of the range (6380) might be it....LOL Wadda ya think WB.........pumping this up for the news and nice ...

Cable Update (GBPUSD)

My God, are people still listening to trash media outlets like the NYT and CNBC?? I certainly hope not. I wouldn't trust either of them for the "real" story... Anyway, dinner time.....LOL

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Looks like you had the better call here simone.....

Cable Update (GBPUSD)