Yes possibly but it could go to the high... that is the problem. Both the high and low are within the trading range. No clear break either way.

Cable Update (GBPUSD)

One of the best posts I saw all day. Great advice here. Really won't. Know which way its going until we get a clear break

Cable Update (GBPUSD)

Sideways ... I don’t see it breaking this range.

Cable Update (GBPUSD)

G/U monthly triangle — Quite possible we move towards the bottom of the triangle. Nice bearish engulfing, off top wall.

The Boardroom

Here is what bothers me though.. Here is a USD/CHF monthly chart. This has been on a nice bearish decline as well. So what does this suggest? USD weakness... CHF strength.... Gold has had strength which also suggests USD weakness.... But for us to ...

The Boardroom

Originally Posted by Low image I wonder about this too. Right now there's fantastic A/U carry trade. No brains required. But watching EU and GU unwind doesn't bode well for the future of all things positively correlated with US indices. Yeah, it ...

The Boardroom

Yeah, it appears something big is going to happen and when it does.. hopefully your not in it the wrong way. Like you said, a blind man can trade A/U right now.. and N/U for that matter. What I have found though is things that are correlated tend to ...

Cable Update (GBPUSD)

Have you not noticed this sideways channel were in. Until it breaks topside or bottomside it just keeps retracing the same pips. No need to worry til it b reaks channel

Cable Update (GBPUSD)

A/u n/u have historically been good because of their high interest rates. Face it, if you had an extra billion or two lying around would you want to keep it in the US that pays shit or put it in the country with the highest interest rates.... there ...

Cable Update (GBPUSD)

It does appear so...

Cable Update (GBPUSD)

So you know where I went to school??? Your familiar with their work... LMFAO....

Cable Update (GBPUSD)

She is testing that floor as we speak... Will it break??? or will it hold???

Cable Update (GBPUSD)

Chazzle, Good analysis, I am in agreement with you. I have the same resistance line for the DX, but like you said, no clear breaks. I have been watching the cable close for a while now, and as shown, price tends to hover here for a bit. IMHO.. I ...

Cable Update (GBPUSD)

Since no one else is posting — Here is a good example of how to get your chart to fit your trend lines, targets, and stops.... I am sure at least one line is touching the path....

Cable Update (GBPUSD)

Here is what bothers me though.. Here is a USD/CHF monthly chart. This has been on a nice bearish decline as well. So what does this suggest? USD weakness... CHF strength.... Gold has had strength which also suggests USD weakness.... But for us to ...

Cable Update (GBPUSD)

We have almost the same setup on E/U, holding right at the support atm. Monthly chart does have a nice bearish engulfing, which may suggest short as well. Once it breaks this channel, hop in and ride (either direction doesn't matter.) WARNING: THIS ...

Cable Update (GBPUSD)

LOL... Las... sorry, was typing on my mobile, meant Kas.

Cable Update (GBPUSD)

For all the TOGU's in the room, let me post what I am going to do now, well in advance before I do it... THIS YEAR ALONE we have been in this price range and hovered here for weeks 3 times as shown by arrows. I am waiting for a definate pierce of ...

Cable Update (GBPUSD)

Good job by the way. Keep it up.

Cable Update (GBPUSD)