Head n shoulders — Head n shoulders.

Cable Update (GBPUSD)

I am in at 6030 tp at 5910

Cable Update (GBPUSD)

We bounced off the daily 200ema, strong resistance and a 61.8 retrace. No more confluence needed for a move like that, we also came off the intersection of the daily and weekly trendlines. It is possible we could end up at the 4 hr 200ema which is ...

Cable Update (GBPUSD)

No slowing of momentum, looking for buys off 38.2 retrace and 50 retrace. Or even break of last weeks high.

Cable Update (GBPUSD)

1.66 for sure — We are headed to 1.66 for sure. Buying dips to load up all the way

Cable Update (GBPUSD)

Make that 6090

Cable Update (GBPUSD)

It seems to be a buy — Is anyone in for longs to 5990?

Cable Update (GBPUSD)

image

Cable Update (GBPUSD)

6135 — My trendlines and 200ema tell me 6135? Def still bullish, long rushes are more agressive than shorts right now. Would have expected a more agressive downturn at 1.6 than we have go. The Bulls are determined.

Cable Update (GBPUSD)

1.4???? It's 1.6135. 61.8 retrace is 1.6104, taking long profits at 1.5990.

Cable Update (GBPUSD)

Careful with shorts — Eurozone optimism is likely to push this pair towards the daily 200ema at 61.8 retrace and could do this quite quickly as we broke out of and closed above last weeks cluster towards the end of Fridays session. Everything ...

Cable Update (GBPUSD)

closing out — I hope ypu are closing that sell you have in play???

EurAnalysis

target 200 ema (61.8 retrace) — Move to 200ema then thinking 1.65 or so beyond.

Cable Update (GBPUSD)

next week — I will be buying at 5860. If price does not get there, buying the Top Trend long confirmation signal on the 15 min charts, targeting at least the daily 200ema,

Cable Update (GBPUSD)

sorry BB King, I didn't mean to attach your post, got mixed up.

Cable Update (GBPUSD)

Why short? — I fail to see why we should think of shorting right now?? Where is the next resistance? Around 5940? No 4 hr macd divergence. Yes their is on 1 hour but considering we finished clearing 38.1 retrace on Friday this is to be ...

Cable Update (GBPUSD)

Flirting with danger — If you are thinking of shorting GU at the moment I would think of reconsidering. We closed above 38.1 retrace last week and the 4hr 200emas(low, closed and high). We are just retesting the 38.1 retrace which is the 4hr ...

Cable Update (GBPUSD)

That gbp dumping on the 6th was due to BOE purchases to help Europe. Not good for the long term I agree but support won the day with a swift victory. We are doomed for a much bigger and deeper crash than 08 but not until investors finally come to ...

Cable Update (GBPUSD)

With global cooperative talks towards a Euro bailout, BOE purchases (that GBP dumping didn't last long on the 6th )and Wall street wanting to make some bonus cheques before xmas, I wouldn't really think of shorting until at least 6000 and probably ...

Cable Update (GBPUSD)

shorting 5940 - 6000

Cable Update (GBPUSD)