coverred shorts from yesterday, shall wait for the news release at 9.30

Cable Update (GBPUSD)

LH on H4 is pointing to take short positions, By Thur cable should be in the region of lower 6200, by 24th below 1.6. LH is usualy followed by??? ________ a LL, that is my taking after this up day for the cable.

Cable Update (GBPUSD)

Shorting from 6530 fib 61.8 SL 6570

Cable Update (GBPUSD)

It is likely that the news will be slightly equtiy/cable positive. I shall short cable aftwer the news, as there mighr be a spike up

Cable Update (GBPUSD)

It is a highly unstable situation and the myth of recovery might still be there for severeal weeks, making cable to move in a strage ways. By the second decade in October we shall be wiser. Meantime I trade cable looking at the momentum on shorter ...

Cable Update (GBPUSD)

EUR moved down and has supported cable so far

Cable Update (GBPUSD)

The L of the day so far has been 9390 (ask), It will be interesting if the 6337 zone holds, I would count it as a HL on H4 and the daily, and therefore the trend on these TF is to the upside.

Cable Update (GBPUSD)

I am suspicious of the G/U atm. Gold down, crude down, equties down (S&P & DOW) yet so far little responce from this pair, indeed some buyers are active.

Cable Update (GBPUSD)

Shorts coverred +20 pips Flat atm, shall wait for the us open

Cable Update (GBPUSD)

coverred longs, +50 pips and reversing to short

Cable Update (GBPUSD)

Gone long at 6450 retest, shall add to it if it continues to the upside, tight SL

Cable Update (GBPUSD)

On a longer TF cable is going down, and a 50% retracement is still to be seriously considerred. If it happens, everybody will think of 1.75 and above levels. From this zone (50% fib ret) shorts shall relieve longs from the burden of carrying too ...

Cable Update (GBPUSD)

H4 bar formation supports a swing to the upside for the time being. 161 might be within the next 2/3 weeks, and much lower later. Have gone long at 6680 with SL below1660, 61.8 Fib ret, just in case. If this SL is hit I shall reverse to the short ...

Cable Update (GBPUSD)

I would not be surprised it there is another sucker's rally on G/U till the middle of the next week, just to trap the unaware. 50% FIB Ret is still a reasonable zone to be reached. I shall trade with the momentum on H1 and M15 with reasonably ...

Cable Update (GBPUSD)

seriously, there has been some quality posting today with good explanations of the held sentiment/s. It is good to have this explanations, even if one has got the opposite sentiment. Doing all this work and posting it has been appreciated. The last ...

Cable Update (GBPUSD)

Congrats to you sir! Keep them comming in.

Cable Update (GBPUSD)

This "green shoots" must be a quality "grass". when burned it will give Chineese a spinning head fo decades to come. Here this "grass" is a forbidden crop, but graciously MR OB has taken a good lead in cultivating it. (meant as a joke)

Cable Update (GBPUSD)

What recovery?

Cable Update (GBPUSD)

shorts should never be longer then your legs, as they would no longer be shorts. I take profit at the slowdon of the momentum, in the direction of the short scalp or a long scalp. There are different targets, the meat of the move 10 -15 pips, the ...

Cable Update (GBPUSD)

waiting for a long scalp around 730 zone parrallel to gold, crude and S&P what a few hours!!!

Cable Update (GBPUSD)