Asian sell at 5545 to lower trendline

Cable Update (GBPUSD)

Hmmm — Much neater. We may not get our drop to 54 as the market is in a constant state of flux as always. Very tired today, need more sleep.

Cable Update (GBPUSD)

Yes, but TL's hint we could be in for a small reversal first to avoid the double touch. Just a possibility.

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My 4 hr software indicates an up move but it is a false move on the daily. Trendlines indicate we could be heading to 5590 but it could take a while.

Cable Update (GBPUSD)

encouraging. Also bullish divergence though. Could snake along for a while I think. Off to do a couple of massages

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Yes and I am not falling for it. BBKing was on the button when he said it would be a battle here.To be honest, I thought momentum was heating up and we would have cut through considering those weekly lower highs and lower lows and recent weekly long ...

Cable Update (GBPUSD)

Bullish head n shoulders, bearish head n shoulders, I thought we'd settled this GU, it's time to go DOWN!

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Not so risky. Once confident about the trend, I reduce my lot size, use a wide visual stop, stay in the trade.

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The way I see things. 12.15am here, up in 6 hours so off to bed. Good luck guys.

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Um, well maybe I WAS watching the 1hr 55 ema

Cable Update (GBPUSD)

Early move prob brought in some shorts. Now looking to stop them out long, suck in some longs before heading south again and taking out long stops?

Cable Update (GBPUSD)

Sorry, meant to say watching the 30 min 55 ema

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Hmmm thanks, I worry myself and others sometimes

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Where are you from Fontu?

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I am short from 5525, but if you are not in already, 5478 would be a wonderful point.

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Me too, have 3 shorts aiming for it.

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It is gone now though

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A little weird, it was against my name at the top left of my posts 10 mins ago, I noticed it against the names at the top of everyones posts this morning Australia time. I dunno:

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May I ask what are these happy faces that randomly appear next to our trader names??

Cable Update (GBPUSD)

One of the things I am watching ( well at the Drs right now so not strictly correct) is the 1hr 55ema. As for my 2 other custom indis, well, they both line up at the same point to confirm the move.

Cable Update (GBPUSD)