I think theres a possibility of another round bottom before a subtantial increase to gbp/usd

4 Hour Strategy (MACD)

Don't get me wrong, I fully think this can go way up from here.. but I'm still not buying. Staying with my original buy targets which reside below 770.

Cable Update (GBPUSD)

would atleast expect a minor retrace to test 9900.

Cable Update (GBPUSD)

yep. 800 will be sticky though. If so not till after 10 id imagine. lots of support here.

Cable Update (GBPUSD)

Yea if market ignores this horrid reality check from the US.. then this thing realllly wants to go down. UK inflation might just outweigh it..

Cable Update (GBPUSD)

wow 406k could be nice fuel for a bounce here I guess.. thats pathetic. We'll see..

Cable Update (GBPUSD)

Yea 50/50 really. this will either retest and bounce hard, or if it breaks 830 we could see some downside to possibly 9764. 800 might be sticky too.

Cable Update (GBPUSD)

Good morning all. Nice drop i see. Maybe I'll get to actually do my buy this week.

Cable Update (GBPUSD)

Ya makes no sense at all unless you purposely drive down the currency you are borrowing to pay for the war, pay it back with BS spiffs and goodies, then drive that $ back up after it's all history. Strategically it makes perfect sense. At the end of ...

Cable Update (GBPUSD)

Rates will be raised. If not this year, Q1 for certain. If the buc goes much lower they will buy dollar and if you think this will have no effect see 1996-98 through 2001. Thats what happened there. Also see sept 1992 when we were basically at these ...

Cable Update (GBPUSD)

In the back of my mind though I know the fed's tone on wanting a strong dollar has changed soo much over the last 3 months. This should not be ignored because at any moment they could unleash the fury. They are getting a lot of pressure for a strong ...

Cable Update (GBPUSD)

That can really go either way.

Cable Update (GBPUSD)

---- This order from the 9th was closed at the second test of high 2.0079 And here is where im looking to buy again. So I'm waiting for the market to come to me.. if it doesn't ohwell, I'll re-evaluate it at that time. And another buy here.

Cable Update (GBPUSD)

More or less thats about how I feel about it too. Same ol' Same ol'. Still looking to buy at my original target.

Cable Update (GBPUSD)

[15:00 GBP/USD: Greenback Well Bid on Light Calendar Day] New York, July 22. The dollar has received quite a boost this morning with the pair trading well off of the session opening levels of 2.0065 to fresh intraday lows back under the 2 handle. A ...

Cable Update (GBPUSD)

Forex ='s Purity. — in my view, the more uncertainty, the more volatility. Forex is the last market to die.

If the world goes into recession, what happens to trading Forex?

damn you quoted me too fast! lol

Cable Update (GBPUSD)

My buy order is set to 9604 haha.. A fat Tiger waiting for that easy prey after last weeks kill; I'm prowling in the bushes. plundering, exploiting and taking easy targets.

Cable Update (GBPUSD)

People playing golf on friday afternoon, and their blackberry signal failing at 3:30 est.

Cable Update (GBPUSD)