A 50% retracement (targeting 210.73-211.06 which is between monthly support and 50% fibo)from todays bear run should be possible if 209.35 holds. If 209.35 should fail to hold 208.81 should give a temporary stop for bears (weekly support) Might have ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

why ?

Cable Update (GBPUSD)

Is is just me or is the info on this thread starting to be nonsense-posts ? "im long now" "price will hit bla bla" with NO ANALYZES ? or am I wrong? is this a call thread where every1 is just throwing out nr without a clue ? This is not meant for ...

Cable Update (GBPUSD)

Expecting a retrace of yesterdays bearish run to 9700 (approximately @ 50 fib)where alot of bids should be according to my broker, tho no position taken markets feels to unsafe for me as we getting closer to rate announcement.

Cable Update (GBPUSD)

Better look at higher time-frames. That lvl was not broken on 1h chart. Talking of recession, if someone know who Lawrence Summers is (well-known macroeconomic who worked for the World Bank as a Chief Economist in the 90's) says it's a 60% chance ...

Cable Update (GBPUSD)

It's info from my dealer, real easy Most brokers have this feature, and provides great info about the fx markets all the time as mail-service or at your platform

Cable Update (GBPUSD)

OIS markets price in a 60% chance for a 25bp cut. 2 big Asian accounts took the cable up to 9590 high if some1 wondered about that

Cable Update (GBPUSD)

And momentum are starting to get bullish too on 4h chart. Usually I stay out of market after London close but this setup had a nice risk reward so couldn't stay out

Cable Update (GBPUSD)

London closed hours ago. Possible retrace for 9600 (5sma and 23.6 fib of todays bearish rally), seems like support is too strong for now @ 9553

Cable Update (GBPUSD)

I can smell 9558 area as a start and some news (...) now triggering more stops on the break (9580) Minor support seen @ 9560 and next arena of demand coming in @ 9510/00

Cable Update (GBPUSD)

Feel? Not gambling you are referring to ? Feelings won't make your investments capital expand in this marked , it's not that easy. Even if your feelings are right this time, it would kill you even in the short run. Only position that could tempt me ...

Cable Update (GBPUSD)

Seems like bears have calmed down for now, my target was lower then this (9600-9578 is daily support) but 4h mom changed my mind as posted above

Cable Update (GBPUSD)

Alot of lines there 100 fib is the start of your fib so since am drawing from top/bottom bottom/top 100 would be from start of drawing

Cable Update (GBPUSD)

BUT looking on 4h chart mom have started to point upward so a retrace for 5sma wouldn't be impossible. And 9month low just wouldn't break. Closed my shorts on both cable and gj So sorry posted gj instead of cable

Cable Update (GBPUSD)

Broken It's on 9month low @ 9623

Cable Update (GBPUSD)

Sure you meant 0.0 Mine broke @ 9652. (drawn from 2.0100 )

Cable Update (GBPUSD)

Well done, patience is rewarded from time till time

Cable Update (GBPUSD)

Well done, price target for your orders ?

Cable Update (GBPUSD)

My plan was long @ 9652 before I got the info about all the stops at 9650, and that traders are shorting at 9640 lvl in london

Cable Update (GBPUSD)

Indeed, and just a heads up if your thinking of long, be careful,broker tells me short-orders are ticking in @ 9640

Cable Update (GBPUSD)