Carney will speak in around 5 and 1/2 hours from now, so I presume cable will be very bullish again today. High probability it will fly above January high of 1.6377 after the speech or sometime at US market time.

Cable Update (GBPUSD)

Next resistance is @1.6377 (this year high), and I personally think cable will fly through it if the US data missed expectation, even if it just a little. And even if the data is good, I don't think cable will drop from 1.63 level, it will just ...

Cable Update (GBPUSD)

Not so sure of that... cable has been breaking some TLs by now...

Cable Update (GBPUSD)

Wow, did I miss something? I know cable is strong and I admit I was wrong shorting this thing, but still... What triggered cable to shoot up? I mean there should be some reasons for this up move right?

Cable Update (GBPUSD)

Yes, I believe cable could hit 1.6379 before the week's end, especially with everything going in cable's favor. and also I believe cable wouldn't go to (or below) 1.55xx area before year's end (although technically it could, but that's a ...

Cable Update (GBPUSD)

same situation here, I had 2 shorts from 2 months ago around @1.57 (the swap is killing me) and 1short from last week @1.6130, but still holding on.... hoping for some miracle (I know I'm a fool)... anyway back to present. Considering ...

Cable Update (GBPUSD)

Ah yes, like last week when I opened my short (and most of people here also thinking the same thing) and then the price went up till today... but still, the majority of people (as showed in FF and oanda open position) are short, which is why ...

Cable Update (GBPUSD)

Why will the upcoming events shake cable down? (though I hope it will from the bottom of my... trading account ) GB next news are asset purchase and bank rates, which will stay unchanged - don't see any reason why they could change. and US ...

Cable Update (GBPUSD)

Even though I'm short too (and in blazing red atm), I don't think cable will go down that much from here, especially without any news to drive it today and with Bernanke speech looming tomorrow, which market expect to be dovish... but then again who ...

Cable Update (GBPUSD)

Any idea why cable keep rising up with no news? I suppose we can see 1.62 before Wednesday at this rate... This is not good for my short

Cable Update (GBPUSD)

Same here... GU is breaking my descending TL and it's not good... There's high possibility GU can run to 1.62 or higher imo...

Cable Update (GBPUSD)

That's what I'm afraid of... It always going the opposite direction when everyone is so sure of one way... Now I'm not too sure anymore about my short....

Cable Update (GBPUSD)

Tch, I should short with 2lot just now... lol Come on 1.5800!!!

Cable Update (GBPUSD)

Entered short @1.6032 Tp 1.5800

Cable Update (GBPUSD)

It seems so... 1 and half hour before retail sales announcement, let's see how it will turn out... Hopefully it's bad and bring cable down, but then again who knows

Cable Update (GBPUSD)

Fractals created at H4 with high at 1.6065 (still within margin of error 1.652 of my TL), supposedly now cable will go down from there. too bad I cancel my pending short since I was going to sleep ,will look an entry point before retail sales ...

Cable Update (GBPUSD)

Everyone has a target around 58xx (including myself) and I just think to myself, is it possible that this is one of those MM's trap? *I have short order waiting at 1.6050

Cable Update (GBPUSD)

I have 1.6052 for the top of this up move based on my TL. Hopefully cable will come down to 1.5830 (my target) from there... image

Cable Update (GBPUSD)

What if China PMI comes out bad tomorrow (considering their history of missing the expectation) ? will Aussie still able to go up? I'm deep underwater in aussie now, but I'm still looking for an entry for long though.

Aussie Trading Room and Cartoons Gallery

My H1 and H4 indos tells 1.5604 is the high for the time being (2-3days). and I personally think GU will not go up before fall at least +-100pips from that high... just my noob trader opinion though... anyway for now I'm shorting UJ @99.06

EURUSD