I am all for disaster.

Cable Update (GBPUSD)

I am tired of this, will join the Scalpers and trade the 1 Min Chart today. I am sure everyone is waiting for the USA news tonight so will be a slow day. This also happened 2 wks ago when the GBP was at 1.46 and then it dropped to 1.41 after the ...

Cable Update (GBPUSD)

I think we just have some very smart scalpers out there having fun or smarter than us, anyway. Selling at 1.4680 and buying at 1.4645 so whoever is doing this great profit making, STOP IT and let the GBP Fall.

Cable Update (GBPUSD)

Just be careful guys, the last time the FOMC Meeting Minutes came out, the Cable went from 1.39 to 1.44. It is also Easter Long weekend so anything can happen in the next 2 days but I won't be wanting to break any news records.

Cable Update (GBPUSD)

It will drop if people stop buying. We should all agree to Sell and then next Monday, all agree to Buy. I think this is called price fixing. Really, looking at the GBPJPY, I think there are buyers over there and with the USDJPY dropping, it is ...

Cable Update (GBPUSD)

The FOMC Meeting Minutes out in the USA tonight at 7pm Lon time could change things but for now, I am sitting on my Sell.

Cable Update (GBPUSD)

AGREE, I am Short from 1.4699 and 1st Target is S1 @ 1.4578, 2nd Target is S2 @ 1.4480.

Cable Update (GBPUSD)

Not kidding at all, have you read the news of late. Nationwide Consumer Confidence was lower than expected and worse than last month. The UK is broke and can't afford to offer more stimulous unless it borrows from the IMF. The GBP has tried 3 times ...

Cable Update (GBPUSD)

This is a very GOOD article for those who are thinking of doing any buys on Cable. url Also have a look at where she was in 1984 and also in 2001 and how long she stayed low. Promises by the G20 to fix the financial crisis won't fix it overnight ...

Cable Update (GBPUSD)

Always remember that a market will only move when people are either willing to buy or sell and the more people on either side will move the market to their favour. Why would anyone buy with UK news coming out so bad at the moment. This is a week for ...

Cable Update (GBPUSD)

When we were in a Daily DOWN TREND, Cable would drop 1000 pips and then retrace 600pip, drop 1000 pips and retrace 600pips and so on. I believe the Trend has changed to UPTREND when we saw Cable go from 1.37 to 1.47, 1000 pips, it then dropped last ...

Cable Update (GBPUSD)

That would be great or even 1.4200 but my S3 lines are set at 1.4455 and not many people like Selling once a currency hits S3 Support line.

Cable Update (GBPUSD)

I posted yesterday that my daily charts are showing a Major Drop on the GBP of 1000 pips but this could be from 1.4400 so my long term target is 1.3400. This also tests the previous low of last month and also the 7 yr low if you look back on your ...

Cable Update (GBPUSD)

Just closed my 1.4256 Sell at 1.4186, a NICE 76pips for a Friday morning. Will see what happens now or might shart an early weekend.

Cable Update (GBPUSD)

Same here, I shorted yesterday at 1.4256 & several shorts from 1.4360 and 1.4333 but closed them out at 1.4300 last night but still in with my 1.4256 as we are still in a Major Down Trend and today, we should see another test of Suport at 1.4174 so ...

Cable Update (GBPUSD)

I missed the run up, we are now at the top of the 5min Trend line. It will be interesting to see if it breaks and goes through the Pivot Point or she bounces back down. I guess the US news in 30 min will determine that.

Cable Update (GBPUSD)

Yes, the trend looks like it has turned. mmmmmmmmmmmmmmmmmmmmmmmmmmmmmm

Cable Update (GBPUSD)

Just read this article url which fits in with my Daily charts. Each time I get 2 or 3 Yellow Arrows, it drops 1000 pips. Keeping in mind it has already droped 400 pips since yesterday, 1.34 or 1.36 is my next target. And, when is the market going ...

Cable Update (GBPUSD)

Yes, last Friday, there was a large order in at 1.4150 and was the day's low, before rising back up to 1.4466 at Friday's close so 1.4150 could be good for a buy. We should know shortly.

Cable Update (GBPUSD)

[quote=thirtypips;2565471][quote=laromanell;2565452] My Daily Charts are still Showing a Major Drop is on the way with a target at 1.36 or 1.34. I said this when the GBPUSD 1st hit 1.52 and went back up to 1.72, that it would test 1.52 again and ...

Cable Update (GBPUSD)