I have been working with this COG indicator for the last few months on multiple timeframes. Using it with 200and 55 ema's, fibs etc, it have proven extremely useful. Roght now, we are in a tight weekly wedge which I feel is responsible for these ...

Cable Update (GBPUSD)

Thanks Navin, this weekly wedge we are in is taking its toll.

Cable Update (GBPUSD)

Hi Navin, yes I see what you are saying and I have spent some time going through some of your GFC posts before. I am a little confused about direction and should probably be on the sidelines until I get a confirmed shorting signal. We are not there ...

Cable Update (GBPUSD)

Bullish target as point of confluence at 50% fib, projected trendline and Daily 55 ema. A break above this level would suggest a break of the daily 200ema also, but really don't think even a festive rally could achieve this in our current climate. ...

Cable Update (GBPUSD)

big sell??

Cable Update (GBPUSD)

Bold, good luck. I will be playing break of yesterdays high or Lower TF TL break north after a pullback. TP 1: 5785, TP2: 5860

Cable Update (GBPUSD)

Right below the 4hr 200ema so expecting a classic Asian retrace to 5650 where I expect the 15 min 100MA to be when the move comes. On phone so no chart sorry.

Cable Update (GBPUSD)

Selling the QQE cross to the trendline.

Cable Update (GBPUSD)

Just come off 61.8 retrace on the button. Cancelled sell, buying trendline break.

Cable Update (GBPUSD)

seems as good a place as any to short

Cable Update (GBPUSD)

We need to remember, no one escapes a global recession, and that is as sure as eggs where we are heading soon or in near future.

AUD/USD

I remember out own miners saying as much on the radio the other week.

AUD/USD

Thanks for the confirmation, had heard similar news offshore.

AUD/USD

Short off yesterday's resistance, bulls have dissapeared we could be in for a good short here down to 1.01 or so before we rally hard into the festive season. No chart as on phone. Positive rate cut report in China potential but think investors will ...

AUD/USD

Its all tighter than a fishes butt right now. Time for bed with shorts in place. Time to go long soon.

Cable Update (GBPUSD)

Possible scenerio. Break 4hr 200ema to the 61.8 retrace. Wait for the bullish retest of the 4hr 200ema then sell the break of the low below the 61.8 retrace.

AUD/USD

The Euro and Pound dropped a lot more yesterday than the Aussie due to the impending Aussie cash rate decision. It stifled any potential move yesterday. We are now just catching up.

AUD/USD

maybe Teddicus hit it on the head when he said not expecting a cut during busy xmas season. Also remember, we are paired with the USD so we are not an isolated currency. That idea of a united effort to provide liquidity to Europe got the market ...

AUD/USD

SHOW ME (the short) MONEY

AUD/USD

More food for thought

Cable Update (GBPUSD)