Then how come I look so old and tired? My eyes are square shaped, like the monitor they are forced to stare at, and I have a permanent crease in my forehead from frowning while I squint at the same square inch of the screen showing the GBPUSD price. ...

Cable Update (GBPUSD)

I'm with you digger, I think she's done all she's going to do for now, and looking for a retrace to about 1.5480. Long at 1.5410. Seems to be taking a while to make up her mind, understandable after the last move down, but still keeping me nice and ...

Cable Update (GBPUSD)

Looks like she started out on this mission today, what a nice day without sitting in front of the screen. Closed earlier short for a small loss earlier when price was looking testy at the top, and then shorted again at 1.5568. I'm looking at this ...

Cable Update (GBPUSD)

Expanded flat, so B wave extended below the end of wave 5, and C wave had plenty of life, going to 1.5549. Waiting to see if she's finished there or just pausing for breath. Expecting dribble down then a move toward and/or a test of 1.5549. If it ...

Cable Update (GBPUSD)

We've just completed a 5 wave down on M5 between 1.5558 and 1.5514, now expecting a 3-wave retracement to anywhere between 1.5536 and 1.5541 (50% to 61.8%). London is closed today, so not expecting any fireworks at 8am GMT. Higher probability for me ...

Cable Update (GBPUSD)

Ditto.

Cable Update (GBPUSD)

Phew! Holding a trade in the opposite direction to you decreases my confidence considerably. I can breathe again now your almost out. I'm still looking for a 5th wave down from the 1.5997 top before we start the retracement, so have stayed short (SL ...

Cable Update (GBPUSD)

UK Bank Holiday today, so they'll all be at their country homes or driving around posh seaside towns in their Bentleys.

Cable Update (GBPUSD)

I see your expected sideways and then downward move & understand what the LFX chart is about. What kind of levels on GU are you looking at?

Cable Update (GBPUSD)

I like Schiff's commentary too, in fact all of his clips on YouTube. I love particularly when he gets shouted down by some expert or other who, as now proven by time, did not know his a$$ from his elbow. I'm not sure why this makes me wrong to be ...

Cable Update (GBPUSD)

I appreciated this post malcomb, tyvm. I share the same perspective, but you've made me realise I'm playing a low probability holding a short with a likely retracement ahead. So 1.5685 (50%) or 1.5760 (61.8%)?

Cable Update (GBPUSD)

Personally I'm aligned in the same direction, but this document smells a bit of gold-bug marketing material. I'm sure it will be serious, but this piece makes it sound like the world is going to change and you better be holding gold or you'll die. I ...

Cable Update (GBPUSD)

I'm still here, buggering about with charts in the middle of the night. Distinctly unhealthy, this forex obsession. To be fair to Scipionz, all of his previous posts were, in my opinion, quite harmless, if a little cryptic for me - not that my lack ...

Cable Update (GBPUSD)

Ok, here's my first chart post. Trying to play devils advocate here, what's wrong with this alternative view of the same chart?

Cable Update (GBPUSD)

It made me laugh so hard, I've made it my first sig. Have a good (extended) weekend all!

Cable Update (GBPUSD)

"I'll Sell When I'm Dead"

Cable Update (GBPUSD)

We occasionally play a hole in reverse to spruce up a dull round. Drive with your putter, wedge next, into the green with one or two (or five) mid-to-long-irons, and then putt with your driver. Highest score buys the first round.

Cable Update (GBPUSD)

That chart was just fascinating. Each center pushing and pulling her to fill their range, and then kindly leaving her where they found her before passing it on. Priceless. How often does it behave like this? Don't tell me all the time!

Cable Update (GBPUSD)

The phases of cables trading day I already picked up from earlier lurking sessions, ditto the UK/EU payments. Will Google the rest.

Cable Update (GBPUSD)

Great, so this is one of those things you just have to learn. That's what I read this forum for. I understand the rebalancing process now, makes perfect sense. Still leaves me reliant on you and others to post a warning about anything which is ...

Cable Update (GBPUSD)