Fibonacci numbers , 1, 2, 3, 5 ,8, 13, 21, 34, 55 , etc . Add the last two numbers to get the next number . These numbers can be used to guesstimate a potential move from a previous low or high . Cable has just done a 34 . 1.3570 to 1.3604 roughly , ...

Cable Update (GBPUSD)

It looks like no imminent % interest rate increase for dollar . So pound overnight rates marginally higher ; tendency for pound strength . IMO . any speculation on your part for using this opinion is entirely at your own risk .

Cable Update (GBPUSD)

Fed unscheduled meeting today 11.30 ET , 4.30 pm UK . see FF News FEB 11 2022 . from zerohedge

Cable Update (GBPUSD)

image Very clear head and shoulders forming on cable 30 minute . As a tendency the more a right shoulder exceeds the left shoulder the greater the mark down . Of course the nearer the right shoulder gets to the top of the head the pattern becomes ...

Cable Update (GBPUSD)

If the stock markets go into risk off mode expect a tendency of dollar strength .

Cable Update (GBPUSD)

1 minute bar is ok -------------------------------------- Keep on makin' the same mistake

Cable Update (GBPUSD)

Looks like cable is discounting the possible rate rise on Thursday . If no rate rise dollar strength . IMO

Cable Update (GBPUSD)

Also, most of the markets that Gann was trading were based on dollars, and the market price further divided into quarter dollars or eighths of dollars, not into tenths or hundredths of dollars. And that demonstrates how one can have a number of ...

Cable Update (GBPUSD)

Cable .Daily candlestick pattern as of 14.20 London time , a spinning top . Indecision . A fair description of price action pre big news items later in the day .

Cable Update (GBPUSD)

Bollinger band lower on the Daily chart showing around 1.3425 . Depends on what the settings are . Could well be a rally of some sort on that basis . Ho ever , Bollinger band lower on the Weekly chart showing around 1.3183 . Could continue down on ...

Cable Update (GBPUSD)

You're right . There is no proper flagpole . Comment to be edited . Thanks you .

Cable Update (GBPUSD)

image Horizontal or sideways channel .

Cable Update (GBPUSD)

Cable . 21 hour down trend so far , since 3.00 pm yesterday , London time .

Cable Update (GBPUSD)

I think I know what you might be feeling Moty . Sometimes I miss a trade even if it looks good . If I've had a a run of losses I'll get back in with minimum amounts just to get my confidence up . At the moment I'm in the 65% who lose category . ...

Cable Update (GBPUSD)

intra day resistance on 10 minute bar 200 Moving av. As a trader once said , " Chop city !" Have a good day .

Cable Update (GBPUSD)

Hey I know the trend right now might look like that but overall the Daily chart shows R1 to be really strong, that 200ma on the daily chart was not penetrated yesterday soo watch out. Plus if you look at the daily chart it shows the basic anatomy of ...

Cable Update (GBPUSD)

Probably ! erm .... meant to imply that bulls would have stop losses at around 1.3710 and the bears would void them . And that a good price to buy might be around 1.3710 . Currently my account is down 8 pips and rapidly approaching my stop loss . ...

Cable Update (GBPUSD)