Waiting for NFP speculation to kick in. Then FOMC should trigger the break in the daily trendline.

Cable Update (GBPUSD)

ahhhh, its good being a bear

Cable Update (GBPUSD)

Look at your chart patterns, you will understand why. G/j is rather topped, and e/j hasnt even considered topping. Euro is much more stable than the pound especially now with all the speculation surrounding the BOE data.

Daily GBP/JPY analysis

play the trend... The down trend has not broken yet. Been denied 3 times now. I would say bulls will get frustrated and close soon. especially with a good flow of US data.

Cable Update (GBPUSD)

EXactly what i have been watching these past few days. And exactly what I think. Looks like we are the only bears in this place.. ROAR

Cable Update (GBPUSD)

Now, thats not a bull flag...

EURUSD

flags are not v. strong patterns. Any flag usually means that investors are waiting for a reason to short or long. Thus far, I do not support the bullflag on g/u. As the 4hour is showing a stronger pattern towards the downside, which is of higher ...

Cable Update (GBPUSD)

If you go all the way back to the beginning of the highest price of any pair, and scale it into a trend, you would find that we could just well be in a longer long long term downtrned, and this up is a correction. The point is, we are not trading ...

Cable Update (GBPUSD)

Lets not all be smart alecs about trend. We all know that a monthly chart trend takes yonks to change. You need to be realistic and look at daily/4h for the "trend" which is now, not future or past.. Thus G/u is in a down trend. And has not broken ...

Cable Update (GBPUSD)

I gues you wont be in parliment anytime soon.

Cable Update (GBPUSD)

I smell end to G/us reign of terror (the last spike up).. Looking at the chart i stated I liked. I would expect a move similar, but not the same. Not that big. 9640 then a decision needs to be made, whether they will try 9600 or wat. But I do not ...

Cable Update (GBPUSD)

Closed my long. I think this is the last of the bulls at least until 9800 is shown. Then perhaps a little blip

Cable Update (GBPUSD)

I like your first chart.. not a fan of the second.. Good work though.

Cable Update (GBPUSD)

HIs point is 900000x more valid than your sarcasum.

Cable Update (GBPUSD)

USD has changed data trend. Thus bottoming out. It isn't showing "STRENGTH" as said before, however it is showing improvement. And at such HUGE exchange rates, it was bound to effect the market, because quite simply prices are too high, and ...

Cable Update (GBPUSD)

U preach too much. Do this for me, give me a bear wave target, by mixing your waves in the opposite directions. Give me the 2 targets, the long (2.00) and the short. And then say "it could be either of these".. At least you have a bigger chance of ...

Cable Update (GBPUSD)

Not a wave trader, nor am a fan of wave trading. You can find a wave to show both directions, depends how far you minimize your chart. and how far back you are willing to start.

Cable Update (GBPUSD)

Still trying to work out why so many people are dying for such high numbers on g/u and the likes.. Its not as easy to trade with these high numbers, and its starting to mess up the fundamentals of the market. I am hoping (although have no real bet ...

Cable Update (GBPUSD)

I am watching the diamond being drawn on 4 hour, and the almost identical price action to the last spike. Also watching the YEN and USD very close.. I feel an unwind is coming, and this will smash the majors.

Cable Update (GBPUSD)

I am not one to hold -200+ trades.

Cable Update (GBPUSD)