Looking into my crystal ball all I see is crabs, so I guess we are going sideways.

Cable Update (GBPUSD)

Remember at all times that if someone has written a book about it then it must be true. Like the Bible we all believe in, well half of us, maybe not half but some of us, maybe not us but you may. Forex is powered by aliens who want all your money ...

Cable Update (GBPUSD)

Triangulation doesn't work. Support and resistance are just tops and bottoms.

Cable Update (GBPUSD)

Watch out for that RSI it only tells you where price is going by accident.

Cable Update (GBPUSD)

You can ignore numbers that only pretend to be Fib levels such as the 25% increments.

Cable Update (GBPUSD)

Using the Fib we can clearly see which lines are being respected and which are not.

Cable Update (GBPUSD)

And don't forget your derogatory statement of me posting after the fact. Sometimes I post before sometimes I post after. Mostly after because I am trading the moves not talking about them and one needs to know how to trade them. If I post early then ...

Cable Update (GBPUSD)

What on Earth gave you the impression I was a gentleman. A rose is a rose by any other name.

Cable Update (GBPUSD)

This is full of false statements...

Cable Update (GBPUSD)

The bears have been trying to break the 1.247 support for 60 hours now. About time they gave up and give the bulls a go.

Cable Update (GBPUSD)

If this thing can break the support it has the potential to make the huge triangle 170 pips below.

Cable Update (GBPUSD)

I don't know that Greg maybe on another time frame perhaps. I have a huge one on the 4 hr with an expect 350 break but that may be a week or so away. Better to stick with the bread and butter trades I think. As you can see here in the 5 min chart ...

Cable Update (GBPUSD)

For what its worth I have had this weekly plotted for the past two years and I think we have hit the bottom. This would probably be confirmed if we break back above the 1.27723 level. The chart is plotted from the equilibrium swings... i.e. what was ...

Cable Update (GBPUSD)

Your just a jerk who likes to sound off.

Cable Update (GBPUSD)

Hey Mr B why don't you cease and desist making these moronic statements and attempt to explain to folks why the market went down and then back up again. You know what I mean, something useful just for a change. Something like this would be helpful...

Cable Update (GBPUSD)

You want it both ways. Your 1 hour trend line indicates an up - trend so this could just as easily been a 200 pip retracement and now we go for the continuation northwards. This kind of talk is just ... heads or tails anybody?

Cable Update (GBPUSD)

The market has been dead all day so far

Cable Update (GBPUSD)

Yes why there when it now crossing your spectacular trend line...short!

Cable Update (GBPUSD)

Or could it be that your trend line is respecting price?

Cable Update (GBPUSD)

You guys and your levels crack me up.

Cable Update (GBPUSD)