Classic support; now resistance:

Cable Update (GBPUSD)

Anticipating a significant market movement, although unsure about the specific data. Recent bank holidays resulting in reduced activity of Major market participates are likely to be eager to take action (big moves).

Cable Update (GBPUSD)

I've seen this setup many times before. The price breaks the trendline and drops, then comes back to test the line before dropping sharply. The most effective approach to trading this pair is to go short and wait. Avoid constantly monitoring the ...

Cable Update (GBPUSD)

5 mins put lower high 15 min put lower low /lower high 1 hrs put lower high waiting lower low to be made 4 hr in up trend, lower high put in, waiting for lower low to put in The daily is in a up-trend, which is a big worry we're trading against the ...

Cable Update (GBPUSD)

This looks like a drop is on the cards. I'm short at 1.2408

Cable Update (GBPUSD)

Thanks Mr William. Keep up the good work. OUT with a big loss!!!

Cable Update (GBPUSD)

Fed’s Williams Says One More Hike Is ‘Reasonable Starting Place’ THATS SUNK ME!

Cable Update (GBPUSD)

Time to fly like a bird...... an eagle!!!1

Cable Update (GBPUSD)

Dream, Believe, succeed!!!!!

Cable Update (GBPUSD)

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Cable Update (GBPUSD)

She has shown her hand! Long in at 1.2446. The market bulls are in charge. This could go 40 pips or more! ADDDED POSITIONS - CHART ATTACHED

Cable Update (GBPUSD)

I bought four weeks ago too, 400 pips!!

Cable Update (GBPUSD)

Trade based on your knowledge, not your emotions. Although I've experienced losses, I plan to get them back after midday. While there may be bullish sentiment (TA), my fundamental analysis suggest a short position long term. Take a step back, ...

Cable Update (GBPUSD)

I have added at 1.2426.. I hope that is the last push by the bulls. I don't like adding to a losing trade, but there was a sufficient reaction of the smaller timeframe to see a drop. Will have to see if some kind of bear action or will have to take ...

Cable Update (GBPUSD)

Short in at 1.2411

Cable Update (GBPUSD)

Short in at 1.2405

Cable Update (GBPUSD)

What do you see on the weekly timeframe? Tomorrow, we hopefully get the answer, but will need some juice to break the resistance. I'm more bearish, but that's just my take!

Cable Update (GBPUSD)

Time to fly like a kite. long 1.2381 Why did the kite refuse to fly? Because it was scared of heights!

Cable Update (GBPUSD)

I feel the mid term momentum is coming to the end and will be look for a long now... Happy Days!!

Cable Update (GBPUSD)

I find when the markets are slow (Bank holiday), the TA approach tends to form more inline with the outcome. There is less pump and dump, being done by major players. Everything on most my charts (TF) are lining up with a drop. Also the fundamentals ...

Cable Update (GBPUSD)