Merci bien. Interesting to see actually, especially correlations you wouldn't ordinarily expect such as Cable / Loonie on the 1hr.

Cable Update (GBPUSD)

I've only ever followed Cable in any great depth...have Fibre and Swissy charts open just to check the lie of the land but didn't know 'correlation trading' was an actual method. May pick your brains one day, probably when you least expect it.

Cable Update (GBPUSD)

Hi Adrian - what pairs do you look at for your correlation trading on Cable? Presume Fibre is used for positive correlation...

Cable Update (GBPUSD)

joe - you seem a bit long happy this morning, must be all the Florida sunshine ...does bullish divergence on the m1 actually mean anything?

Cable Update (GBPUSD)

Morning all. I've got a LTL on the h4 which should come into play at around 5517 so will see if that holds or not before I make my move for the day. It's roughly in line with Lion's 200ema - you think the h4 200 bounce is lollipop money again today ...

Cable Update (GBPUSD)

Happy for you to have the floor - especially now pip stunner has decided he won't be posting here anymore

Cable Update (GBPUSD)

Draw the boxes where price seems to gather...no set rules, although Cloggie does say he likes it to touch a top and bottom a couple of times to set the range. As mentioned, it is purely a visual thing to help you see things, it isn't a method per ...

Cable Update (GBPUSD)

Took the 10 pips. Price just entering next box down so might go short here. 5642 to 5620 kind of area. I'm only in it for a quick scalp as could go wrong quite easily. Bit too sticky for my liking.

Cable Update (GBPUSD)

Indeed, all about the visual. MTV generation and all that. Looks like a fake break. Possibly a quick retest? Back at the top of the box I mentioned before so will taken another short at 5662. TP 10 pips away and then will wait to see if it decides ...

Cable Update (GBPUSD)

There is a lovely one of "Cloggie's boxes" on the m5 between 5664 and 5648. Scalped both directions for 10 pips a couple of times. As for where price is headed next, no one can say for sure. I'm favouring a break of the TL simply because I see an M ...

Cable Update (GBPUSD)

Price back in it's box. Off for a run. Back in an hour to see what NY has to say for itself.

Cable Update (GBPUSD)

m15 closed above tl for the first time. Will wait for confirmation of break from the next couple of m5 candles... once more unto the breach dear friends!

Cable Update (GBPUSD)

Lion is right, don't follow him blindly. You can plan for the possible outcomes yourself... For what it is worth, if we clear 565x then 569x is where I'm looking to head to. If we don't clear 565x then I'll look for a retrace back to the Daily ...

Cable Update (GBPUSD)

Morning all. We have been ranging between approx 55 and 58 for a number of days now. I'm going with a long PO @ 5525 - I have an important resistance line at 5523 and there is also the S1 in the same area. My stop is at 1.5500. If it does blow up in ...

Cable Update (GBPUSD)

Morning all - here's my h4 chart - I've got it that we're currently bouncing between the upper and lower trend lines. Also coinciding with 38 and 50 fib I've got between 5123 and 5994. Anyhoo, that's what I'm playing today...

Cable Update (GBPUSD)

Fair enough - my hideous interpretation suggests even more reason to watch PA!

Cable Update (GBPUSD)

Joe, you should stick to your guns but with the realisation that what does matter is the way the market interprets the data, not what we think! Did you watch the Price as the 9.30am (bst) candle opened? Lots of people "expecting" the news to be bad ...

Cable Update (GBPUSD)

Exactly. Guys, I'm certainly no expert but even I can see that we've been bouncing between 5920 (top) and 5820 (bottom) with some resistance at 5860 (the middle) for more than 24hrs. Now, why would you want to go long at 5890? You potentially had 30 ...

Cable Update (GBPUSD)

Thanks, always have an image of the Previous PA and significant areas so that I'm not completely surprised by any movements but sometimes I don't have enough foresight in my planning. Something to work on for sure. Not sure what part of the UK you ...

Cable Update (GBPUSD)

I like this scenario setting...what's behind door no.1? Ha! So, just wait for price to pick the door and make sure I get on board looking for the next significant area...shame I'm off out in a minute as looks like I might miss this one play out. Ho ...

Cable Update (GBPUSD)