I am surprised at you for saying this. Price moves a measured distance in relation to sentiment swings

Cable Update (GBPUSD)

I don't think so... I think it just causes price to get a wiggle on else why does it hit the targets exactly to the pip?

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I don't care about the news I trade what I see.

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I'll bet the poor old British cows wish the pound would rise again. They must be flat out now producing butter and cheese at rock bottom prices for the Uropians

Cable Update (GBPUSD)

Yep I agree Asian took out the 1.23151... Now can London take out the 1.23521

Cable Update (GBPUSD)

Looks like the key areas to keep an eye on today are the 1.23151 and the 1.22754.

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My apologies yuddy the 4 hour target was 1.2351. I just checked and I had made a mistake.

Cable Update (GBPUSD)

I just plotted the 4 hour chart and that gives me a target of 1.24028 but I will be fast asleep by then. It all depends which time frame we plot to get either longer term or shorter term targets.

Cable Update (GBPUSD)

Can't you read? I never even mentioned a target, let alone a wild one.

Cable Update (GBPUSD)

I see S and P as a matter of perspective i.e. different time frames have different S and P's. For example I drop to the 30 min chart and find the next resistance shows at 1.24248, I dare say if I drop more time frames I could find closer ones than ...

Cable Update (GBPUSD)

To me 2350 is not a resistance. I didn't skip to 27 I said there are no current ones. Price has plenty of time to put them in. My definitions are radically different from yours.

Cable Update (GBPUSD)

I guess that is it for now from London...Now what is the US going to do. My last remaining target of 1.2315 was taken out, I have nothing left to aim for. I should think we will get a retracement now.

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What is the BRN arasheed? Something to do with a round number perhaps

Cable Update (GBPUSD)

Good question If we break the 1.22939 resistance then there are no more current ones until we reach 1.27361 So we may indeed see some wild swings possibly starting with the NFP. Some people will regard staying out of the market is a better way to ...

Cable Update (GBPUSD)

I see... Bulls have left a support at 1.22337 Have taken out a resistance at 1.22595 Tested a resistance at 1.22839 I have a target price of 1.23058 I wouldn't dismiss the bulls today

Cable Update (GBPUSD)

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Cable Update (GBPUSD)

So it will either go down or it will go up! Have you considered sideways also?

Cable Update (GBPUSD)

You know what, I think this is one of the best questions I have read for a long time though you have asked several in one. Let me run through this.. 1) Sustainable... Yes but it is not simply a single something, I have over 50,000 hours under my ...

50 to 22000 in one week

You are correct but it must be pointed out that Bags has always controlled the amount of risk he is willing to take. Many people cannot do this. If money is in the account it is always in danger of being risked, the temptation to attempt to average ...

50 to 22000 in one week

However I pay little attention to such sentiment. I am much more interested in the actual results the trader proves. That is why I am on the fence as to whether this is a favorable method to incorporate in ones trading or something to be dismissed ...

50 to 22000 in one week