SHORT — Short @ 1.6100. First SHORT before this retrace was B.E. Bounced off 40 SMA for southbound trip. TP to be determined.

Cable Update (GBPUSD)

CLOSED — Trade closed at BE... let's see where she goes............

Daily Cable Vision

Bearish — Still Bearish. I have been SHORT since the retrace to 1.6070 area. Looking to TP about 1.6020 for 50 PIPS to the GREEN.

Daily Cable Vision

Bear-ish. — Still thinking we will see new lows today. Very bearish on GBP/USD as well as JPY pairings. Looking for a retrace to 1.6171 (38.2 fibon this run down) for a possible entry. Otherwise a break of 1.6085 will do it for me to ride her ...

Daily Cable Vision

BEARS — Still bearish on GBP/USD as well as the JPY pairs. Looking for a nice entry to SHORT this beast again today.1.6171 area looks good if it'll retrace there. That is the 38.2 level on thid current run down. Good luck to all!

Cable Update (GBPUSD)

UP? — EUR/USD is pulling cable up.. at least that's the buzz....

Cable Update (GBPUSD)

Waiting.... — ... and I eagerly await to see if the down trend continues. Here's to hoping!

Cable Update (GBPUSD)

Uhhhhhh........ — 1 Post. New member. Making a call?Based on? Ummm......

Cable Update (GBPUSD)

Hurrah! — Good job! No trade for me yet today. Waiting on the PMI news.

Daily Cable Vision

PMI — Last GBP news on PMI (due at 4:30 EST) was better than expected and many traders are expecting good numbers again. Thus a BULL market for GBP/USD is being speculated. We shall see........waiting.

Cable Update (GBPUSD)

Bounce —

Daily Cable Vision

Price Action — PA = Bullish. Let's see what happens at London's open. We will definately test todays high if she rises.

Daily Cable Vision

Still have Bears on the brain. — Short. Need a break of 1.6418. Not in any trade yet. And we definately need a break of the 1.6375 to seriously consider going SHORT.

Daily Cable Vision

NFA — Here's the link to the NFA rules.... I use FX Solutions right now and sadly they have posted no info as of yet about these changes. I had to find out from another trader with FXCM. url

Cable Update (GBPUSD)

SMALL SHORT — I went short with 1 lot @ 1.6449. I am beginning to wonder if we will get that pull back. The end profit is what counts I suppose. I still feel strong about the BEAR movement today.

Daily Cable Vision

BEARS — Looking for a retrace of 1.6480-1.6490 to enter a SHORT trade. Looking @ 1.6330 area TP. SL will be just beyond the daily pivot above 1.6535. That's the plan. Good luck to all.

Daily Cable Vision

Murrey Math levels — Here's the Murrey Math levels.... I don't use them much but do like to look at them once in a while. 1/8th @ 1.6418.

Cable Update (GBPUSD)

SHORT — Waiting to SHORT closer to 1.6500. Needs to retrace before I feel good.... of course it might not... we'll see..........patience....

Cable Update (GBPUSD)

WOW! — I think I missed this run up. Definately going to have to wait for a pullback to go LONG. That candle looks like a big "F" YOU! to the USD!

Cable Update (GBPUSD)

Trade closed — Just closed my trade from 1.6280 at 1.6480. I was shooting for 1.6540 as a possible target but...I started thinking... 200 PIPS is a lot! TAKE IT! I am done for the week. See you guys Sunday. Trade safe!Trade well! As always ...

Cable Update (GBPUSD)