WB, if you check my post a few min after Friday close, warned of reversal. someone replied not to worry as we get to .65 before FED's meeting....!!

Cable Update (GBPUSD)

I agree but some calls are makes you wonder is they know the basic of trading...... as you said, they are responsible for their own money....

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thanks bro, it's not long that I joined this site but was not expecting to be entertained as much

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yea, but it's sad since we have a lot of noob here & they could lose money following some of these ideas.....

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it's amazing to see some people are discussing to go long in a day that markets are tanking 2-3% & argue if we can go 1.65 tomorrow.....!!!! I'm a bit confused if the have any system.... some are posting 5m charts & debating weekly S/R!!! it's not ...

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UK jobless claim in 25min....

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I'm truly surprised why some UK data are being released at midnight!!!! last night housing data & at 23 GMT tonight, we have GBP Nationwide Consumer Confidence (JUL)!!!

Cable Update (GBPUSD)

it has been a great 24 hours of price action in comparison to sleepy Monday.... love such volatility..... for those who are considering to go long, watch usd index.... it broke the downtrend resistance line pre news & find a support on the same line ...

Cable Update (GBPUSD)

it can make sense base on your system/strategy..... I do understand where he comes from....FOMC & BOE event risks tonight and tomorrow would clarify the medium term direction...... despite what many traders think here, even though we are in an ...

Cable Update (GBPUSD)

latest cable forecast for some that don't have an access to these data: Forecast 1m 3m 12m CMC markets 1.60 1.53 1.58 FXCM 1.57 1.55 1.40 HSBC 1.59 1.58 1.65 SEB 1.59 1.54 1.50 Standard Chartered 1.56 1.48 1.55 Hope it helps

Cable Update (GBPUSD)

she is in overbought territory in most time frames & it's only healthy to see a correction before next leg up, after 1750 pips rally past months, I would give enough room to fall before taking another long......

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that's how I have been dancing since morning.... I was expecting this correction since Friday close despite many eying 1.65 this week!!!!! nothing smells better than aroma of freshly brewed pips in the morning I had a few good one since ...

Cable Update (GBPUSD)

you might be right for the day as US market is closing in 30min, however, we should see what next Asian session & later London session have in pipeline for us. it wouldn't be wise to go long for no reason..... the pair is due for a major correction ...

Cable Update (GBPUSD)

good one Mal, it really cheered me up after a boring day..... no one expect any surprising decision tomorrow, it's the tone & wording of the statement that is market moving not the release..... they would probably keep "extended period" ," fragile ...

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right, I haven't read that but 2 x FED chairmen were having similar views on bloomberg today....

Cable Update (GBPUSD)

about the tomorrow's meeting?

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thanks bro

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