Dan the UK has massive foreign investments returning a fortune. Here is just a little bit of it... url

Cable Update (GBPUSD)

Gulp! This would give me a target of 1.23555 from a 1 hour triangle

Cable Update (GBPUSD)

I am not sure of this, we seem to be bouncing at the 75% level of the previous 4 hr bar and the underside of the EMA level

Cable Update (GBPUSD)

Remembering those the days when technullogy was so much slower and a huge bar would just pop up on the screen.

Cable Update (GBPUSD)

Maybe not, it may just by-pass those number altogether

Cable Update (GBPUSD)

I never said anything about big lots. Whether you have a 40 pip stop or a 5 pip stop both risk anything from 1% to max of 5%. Obviously at 5 pips the lot size is greater (not big). There are far more opportunities to make 10 pips than there are to ...

Cable Update (GBPUSD)

I just hope we don't close below the daily EMA else we are just making lower highs and higher lows like the bouncing ball.

Cable Update (GBPUSD)

Well look at that...I just check the past 12 months on the G/U and it has made 2700 pips that equates to about 10 pips a day.

Cable Update (GBPUSD)

80 pips draw down gee I would be spitting feathers if I was 8 pips down. Why don't you try taking the inference from the higher time frame and then actually trade the lowest one. This way you are in and out more but make far more profitable pips. ...

Cable Update (GBPUSD)

Gee on the 4hr I am looking at an AB=CD to 261

Cable Update (GBPUSD)

249 was a 50% retrace of yesterday...doh! Friday

Cable Update (GBPUSD)

Of course we need to look to the left to try and determine what is going to happen on the right and this has developed into many schools of thought regarding technical theory. It depends which school of thought you accept as the one you think is ...

Cable Update (GBPUSD)

Weekend analysis shows I currently have a target of 2708 on the 15 min chart. We'll see come Monday.

Cable Update (GBPUSD)

I just checked the 4 hour chart and it looks like 2588 has been reduced to 2555 because of those dips.

Cable Update (GBPUSD)

That HH without a support killed the triangle I closed and going to bed. Nice move though hey!

Cable Update (GBPUSD)

That was an impressive move a 45 pip bar. The bulls may now find support (fingers crossed). I was about to knock off for the day.

Cable Update (GBPUSD)

Looks content to be a daily Dodgy

Cable Update (GBPUSD)

That may well be, this triangle has expanded to Monday now.

Cable Update (GBPUSD)

So did I except they did not put in a support which we have to have to break a triangle

Cable Update (GBPUSD)

I have a nice triangle setup but neither side can find support so I don't know which side is going to break for 92 pips It seems to me both sides are working to negate the triangle. They do this by making outside inside moves

Cable Update (GBPUSD)