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Cable Update (GBPUSD)

Yesterday image So now we go down to 2820 2770 and last 2585 Because a break out always retests , in this case the weekly break of resistance will test the previous lower low that it came thorough to get to the high image

Cable Update (GBPUSD)

What do you call a break? , on my chart the neckline you posted did break down but then it went up

Cable Update (GBPUSD)

Whipsawed all the retails out again

Cable Update (GBPUSD)

Thats a good chart , you could be right but in truth there is nothing definitive as of yet , whoever is running this cable price action is playing it very tricky and i would anticipate a very large move soon , letz see which way it breaks, for long ...

Cable Update (GBPUSD)

Here is another last century one for you ROFL

Cable Update (GBPUSD)

Lol call it want you want, people are too soft and sensitive these dayz, anyway its annoying having to wade through the guys constant tirade of translated gibberish, you must be another member of the politically correct brigade.

Cable Update (GBPUSD)

Mr Cable is getting ready to show his hand after faking the retail longs, Mr time will tell us tonight or tomorrow where and when to enter image

Cable Update (GBPUSD)

So you first quote the daily time frame in your image and when someone does not agree with you, switch to the 15 in your new image to try and make it look good, im with coreg2004 it going up more, all you did by dropping to the 15 minute is ...

Cable Update (GBPUSD)

Don't take it personally, but yes that is a classic retail trade even with 4 lots, size of trade is not the distinguishing difference between retail and pro positioning..

Cable Update (GBPUSD)

Absolutely right, retail traders love trading the very short term swings and guess what, most of them are in the 95% club and will stay there.

Cable Update (GBPUSD)

Its a waiting game , i look for trades on over 20 pairs plus commodities and indexes, only the take the best set ups, so will not open a position either way on cable at the moment , but i think this week possibly a golden opportunity is setting up ...

Cable Update (GBPUSD)

It could be wave 1 but we simply do not know what it is until it breaks support as it could still be a correction to go long even even with such a deep push down its still valid , the fun is always wave 3 and beyond and thats where the money is.

Cable Update (GBPUSD)

Price is between s/r support 2940 resistance 3070 Not something i trade, will wait for a break either way then look for a trade If support breaks wait for a retest then short the hell out of it down to 2825 maybe even 2770 and then longer term we ...

Cable Update (GBPUSD)

All trapped in a range , old resistance /new support @ 2992 Whipsaw city

Cable Update (GBPUSD)

I understand your reasoning and i think it is a very plausible scenario but its a bit early to confirm anything.

Cable Update (GBPUSD)

Target @3200 to fill the gap

Cable Update (GBPUSD)

No sells for me , im sticking to my buy stop above 1.30701

Cable Update (GBPUSD)

Here you go @ Blaze1

Cable Update (GBPUSD)

Then what are you talking about?

Cable Update (GBPUSD)