Hi Scrat, thanks for your previous TA explanation with graphs. Have a fruitful day...

Cable Update (GBPUSD)

Absolutely I earned much, since I was short all the way, BUT Relatively I lost a fortune, since I did not believe it will go so low and so instead of my normal amount I kept only minilots in the trade...

Cable Update (GBPUSD)

Nice picture. My poor memory. When did the BOE change the IR for the last time?

Cable Update (GBPUSD)

But Mina, calling a signal like this and then declaring you're a scalper is almost a contradiction! For scalping you generally don't need so much TA. When scalping, it's unusual to "call" any signals. And as I said, it is still more prudent to wait, ...

Cable Update (GBPUSD)

More prudent, however, would be to study charts presented by Scrat in previous posts, before you venture for your longs today. Impossible became real today and the day is still not at the end. So don't forget basic "trend is your friend" and think ...

Cable Update (GBPUSD)

Scrat: No, misunderstanding, I believe what I see in your charts. And I believe it can go down so far. I did not expect it, but I believe it can. What surprises me is the suddeness and speed of such a negative spike at the time. There were no news, ...

Cable Update (GBPUSD)

20:15 Hey, Scrat, can you give me TA explanation of what is on now? Thnks in advance... Looking at my post, it may sound impolite, but that's not intentional, that's my English. :-)

Cable Update (GBPUSD)

Scrat, while I agree with your guess, I would put a bit more stress on FA in looking for a culprit of this fall. Correct and extensive TA explaining the fact will certainly follow... (so much to that part with cci, I think it is lagging ...

Cable Update (GBPUSD)

The same is valid about FED. And still it was cable that was hit...

Cable Update (GBPUSD)

Maybe you were just lucky. Or would you expect the cable to tear through all the possible barriers without any explicit or strong reason?

Cable Update (GBPUSD)

Vain expectations — It seems to be useless to go long today. Too many bears at the market, evidently. After all, who would care to buy pound (for real) now, when there is a danger of BOE's cut tomorrow. Nonsence, you say? Would you expect BOC ...

Cable Update (GBPUSD)

I am afraid it is too far for today. I see max. bottom on 2.0280 (september fibo)

Cable Update (GBPUSD)

If next 5 minutes sends cable below 300, then I go long from 2.0285. if not below 300, any immediate long will be fine

Cable Update (GBPUSD)

No, it will first fall through 300

Cable Update (GBPUSD)

US Private Sector Jobs +189,000 this won't fade away so easy. Hey guys, a nice lesson on FA importance, isn't it?

Cable Update (GBPUSD)

Yes, wait for nfe data to fade away

Cable Update (GBPUSD)

I suppose so. But IF, THEN...

Cable Update (GBPUSD)

4 banks today revised forecast for tomorrow's BOE interest rate decision from no change to a cut... I would'nt be so sure with that "end of this week". Perhaps "end of this day" would be enough?

Cable Update (GBPUSD)

Oh, back to kindergarten, then see: babypips.com

Cable Update (GBPUSD)

south, Mina, going south

Cable Update (GBPUSD)