We now have a lower low in price. Not quite a pullback to short that I would have liked. If I don't see anything in about an hour then I'll be waiting for the US session.

Cable Update (GBPUSD)

Also, Dollar Index is looking bullish...to me.

Cable Update (GBPUSD)

A largely news driven week ahead of us. Take care around news...don't guess! On the daily, we have made a lower swing low in price relative to the most recent swing up in price, and have now retraced to 50% of that move (seen below). Into this 50% ...

Cable Update (GBPUSD)

Already at it eh! I'll be on around 10:00 pm (0200 GMT) with my thoughts! See you then.

Cable Update (GBPUSD)

Haha! I offered a plan for the Euro session and it worked for 40 pips on a short. Aw well. Nice long though!

Cable Update (GBPUSD)

Here it is.

Cable Update (GBPUSD)

Nice trade!

Cable Update (GBPUSD)

Widened the stop a bit based on price action before bed. Target was hit (4585) for +40 .

Cable Update (GBPUSD)

Your comments to me are not welcomed.

Cable Update (GBPUSD)

Taking a shot on a retracement here in line with bearish expectations... Shorted 4625 SL = 4655 TP = 4580 (unless breaks through) I will move the stop down if it breaks 4600. Let's see how she moves. I have 90 pips tonight already so if this trade ...

Cable Update (GBPUSD)

Ya I think we will continue being bearish. Ill become bullish aboe 4730. Until then, bearish price action will dicate my trades. Waiting for the news reaction to calm down.

Cable Update (GBPUSD)

Prelim GDP came in worse than expected....

Cable Update (GBPUSD)

Best of luck today!

Cable Update (GBPUSD)

GDP news release is coming out soon. Should spark major volatility. If GDP is worse that expected, could be in for a bearish session. Based on price action currently, all charts from the hourly down to 5 min are showing bearish price action. SL hit ...

Cable Update (GBPUSD)

I shorted right before falling at 4677 My TP today is 4577 (+100) Stop is already locking in pips before the news.

The WoRmHoLe

If Cable is bearish today, 4520/40 is a good target zone (near that channel top). Currently trapped in a 30 pip range. Anything can happen!

Cable Update (GBPUSD)

I think I know your trick! Something I used to get long on the cable rise we just had!

The WoRmHoLe

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Cable Update (GBPUSD)

url Thats what I have for tonight! Gives us options both directions.

The WoRmHoLe

And there is some news tonight. Could be big for G/U. I am +70 tonight from a short from 4730 and a long from 4640. Both closed. Just playing support resistance for now. I have a chart for you guys that both parties (bulls and bears) can use. ...

Cable Update (GBPUSD)