I will post some pivot analysis as of 8pm EST (00:00 GMT). Last week we had a nice trade from weekly R1 to weekly Pivot. Looking to start the week on a daily/weekly or with one near by to take some longs.

Cable Update (GBPUSD)

Nice analysis. I am looking to take some longs this week.

Cable Update (GBPUSD)

Someone in here was talking of buying a DOW DOG ETF, which is the equivalent of shorting the DOW. Is there an ETF that is the equivalent of longing the DOW?

Cable Update (GBPUSD)

Result. Trades closed manually since after NY market close. Looking to short in the small white box. 38.2/50% plus hourly 55EMA and 4hour 21 EMA. Target 4325.

Jack.Canadia's GBP/USD Trade Log

It was too hard to resist! Daily M1 and a 38.2 overlapped exactly. My stop is 1 pip beyond the low and I am only looking for 20 pips on each lot.

Cable Update (GBPUSD)

Here's a DOW chart for you guys.

Cable Update (GBPUSD)

You pull the trigger on that buy?

Cable Update (GBPUSD)

Three longs on GBP/USD 1.4436, 1.4440 and 1.4440 x1k each Target 1.4460 SL 1.4422 This was a bounce off of the daily M1 pivot, and since the move down started at M3, one theory is M1 to M3 and vice versa based on where the move begins. H1 Chart ...

Jack.Canadia's GBP/USD Trade Log

Hope so, I am currently long for a scalp.

Cable Update (GBPUSD)

Is that the equivalent of shorting the dow?

Cable Update (GBPUSD)

The bounce we just had was off the daily M1 pivot at 1.4425. The move down started at M3 so a stall here and profit taking is expected. Its also a 38.2 level.

Cable Update (GBPUSD)

Hey guys .. Monthly pivot was just reached at 1.4449 If this up leg has some balls to it, a good place to think about a long would be in the white box I have on the chart. An overlap of a 38.2 and 50% plus 21 and 55 daily EMAs. Or as low as the ...

Cable Update (GBPUSD)

Final Result Stops hit for a loss. There was no hope in the EUR/JPY short. GBP/USD went about 5 pips beyond my stop and reversed, hitting my targets at 4535 and stalling perfectly at 4475. But, with no open position, no win!

Jack.Canadia's GBP/USD Trade Log

Ya I was stopped originally for +1 but then re-added at similar levels.

Cable Update (GBPUSD)

The British Pound may see selling pressure in European hours with UK Retail Sales set to drop -0.4% in February, the first decline in four months. Overnight data saw New Zealand’s Current Account deficit widen to a record level in the fourth quarter ...

Cable Update (GBPUSD)

EUR/JPY Result Stop hit for +1 on both. Reset shorts x 2 at 132.86 SL = 133.10 TP = 132.15 (daily pivot) and 1.3180 (daily M2) SM = 50

Jack.Canadia's GBP/USD Trade Log

Yeah. Trading is way too thin to really know whats up.

Cable Update (GBPUSD)

There is a bearish engulfing daily candle there.

Cable Update (GBPUSD)

GBP/USD Result Stop hit for +1. Reset short 1.4596 x 2 SL = 1.4624 TP1 = 1.4535 (daily M2) TP2 = 1.4475 (daily S1) SM = 50 EUR/JPY Update New Targets ... 132.15 (daily pivot) and 131.50 (daily S1)

Jack.Canadia's GBP/USD Trade Log

Stops are now all BE + 1 with a stop-move of 50 pips.

Jack.Canadia's GBP/USD Trade Log