What like the Earth being flat?

Cable Update (GBPUSD)

I couldn't agree more... 99% patience 1% action

Cable Update (GBPUSD)

Sorry it is me who should put my specs on, I haven't even got the OZ listed so I was looking at the entirely the wrong thing. Nice trade though... Well done that man

Cable Update (GBPUSD)

Put your specs on it is not the Consumer Price Index

Cable Update (GBPUSD)

I think you mean the CBI not CPI

Cable Update (GBPUSD)

About as useful as a chocolate teapot.

Cable Update (GBPUSD)

OK boss I will leave it to you and stop posting, no skin off my nose.

Cable Update (GBPUSD)

Rubbish read 446 792

Cable Update (GBPUSD)

I simply ask myself a couple of questions... 1) Where is the money now? 2) Where is the sentiment likely to change? I then start to trade on the lower time frames in the desired direction. Reach my profit target and then quit for the day. Simple.

Cable Update (GBPUSD)

My 4 hour chart tells me it is trying to get to 1.245

Cable Update (GBPUSD)

Oh I forgot the how I read it bit... I see we are still trading below the average so on this weekly chart there is little to indicate a long at this time. A closing break into that last small green box would indicate going down to 1.15247. Whereas a ...

Cable Update (GBPUSD)

Here is my weekly though I pay little attention to this being a long term event.

Cable Update (GBPUSD)

I just don't get your daily chart at all, this makes tls different. Mine is respecting the green horizontal line where yours is all over the place.

Cable Update (GBPUSD)

Which was based upon what?

Cable Update (GBPUSD)

I don't care too much for the politics involved... I trade what I see not what I think may or may not happen. This morning produced a false breakout on the 30 min chart then hit the exact target on the opposite side.

Cable Update (GBPUSD)

Here comes the bears again, down to 1999 then 1970 then 1923

Cable Update (GBPUSD)

On the 30 min chart my next target level is 1.1952

Cable Update (GBPUSD)

Why shouldn't it?

Cable Update (GBPUSD)

Sorry guys I made a typo saying 2012 was my next target level... that was of course the previous target and this one should have been 1998 albeit a bit late now but here is the chart as it stands now...

Cable Update (GBPUSD)

Depends entirely on how you perform your sloping line analysis. All it tells you is that it will either go up or else it will go down and will it stop at the next one.. maybe or maybe not.

Cable Update (GBPUSD)