Hmm… indices all looking ‘toppy’ but with Guppy profile trends on daily and weekly TFs that would suggest further upside. Dollar had a touch of a pump north today as some of the indices (FTSE and DOW) kissed major fibs above, but this seems to have ...

Cable Update (GBPUSD)

...on the books, unemployment is at it lowest level in five years - bullshit, we all know - and so Carney's blarney will be full of promise.

Cable Update (GBPUSD)

Another point to bear in mind is that we have the European elections in just over a week's time, and so perhaps money will try to find a safer place to hide from the fresh faces of corruption that will be sworn in. And then a week or so later, the ...

Cable Update (GBPUSD)

Sorry... I'm referring to the Dollar - as measured via FXCM - and if New York is pushing the value up to around the monthly pivot, prior to their close for today. If so, and the Asian session is quiet, I don't expect much price action until London ...

Cable Update (GBPUSD)

It will be interesting to see if this is the last push for today (remaining around the MP), and that any further PA - in which ever direction for the Dollar - will not be evident until around London open/news at 9.30 GMT... with Frankfurt perhaps ...

Cable Update (GBPUSD)

Pivots to provide protection...? image

Cable Update (GBPUSD)

The Euro appears weak across the board that we normally cover. (Admittedly, the FXCM Dollar doesn't look too spritely either, but it has seen a nice pin bar on the weekly.) My bones just tell me that the best to gamble upon at the moment (for ...

Cable Update (GBPUSD)

If I restrict myself to the daily charts, I would say that Cable has positioned itself upon the support of the red MAs of the Guppy profile, and that the FXCM Dollar has pushed itself up against the resistance of the red MAs of the Guppy profile. ...

Cable Update (GBPUSD)

Not sure about the pounce... maybe just paw a little. I wouldn't be surprised to see Cable have a push south tomorrow around the PMI data (assuming the figure is reasonable) - the time of the day is just right for London to mess around with the ...

Cable Update (GBPUSD)

But I am sure Sterling is watching... image

Cable Update (GBPUSD)

EU and FXCM Dollar_my five chatrs' worth_04.05.14 Monthly: Just glancing at that inversion of the red MAs on the Guppy profile lends me to think that there is no reason why current market conditions – central manipulation – will not see EU kissing ...

EURUSD

…I try to be funnier in my monthly moans, but I was so disappointed with what I saw back in the UK, that my tone was somewhat deflated. As for tazers… well, some would argue that that may be a little harsh. So, how about just branding them with a ...

EURUSD

...trying to break the monotony of trading for at least one post within a month. And I commend your position regarding

Cable Update (GBPUSD)

image Monthly moan ending April 2014 Time is said to be a wonderful healer: it is also capable of smacking one’s expectations of progress right back down again when it comes full circle. I recently had the opportunity to return back to the womb of ...

EURUSD

image Monthly moan ending April 2014 Time is said to be a wonderful healer: it is also capable of smacking one’s expectations of progress right back down again when it comes full circle. I recently had the opportunity to return back to the womb of ...

Cable Update (GBPUSD)

Cable_My five charts’ worth_03.05.14 (And one FXCM daily chart) Monthly: New month, new candle, and far too early to make comment about its structure. The 74.6 FE remains above current PA, and as yet, untouched, in spite of the fleeting breach of ...

Cable Update (GBPUSD)

Cable_My five charts’ worth_26.04.14 (And a couple of FXCM Dollar charts) Firstly, had a great time the last two weeks down in South Afric and Botswana. (Hi Tau, JimmyC; and yes, I had a little sojourn along the garden coast in order to take a ...

Cable Update (GBPUSD)

FXCM Dollar_My three charts’ worth_12.04.14 Weekly: I’m expecting some form of retrace from this sudden drop last week, and would expect the following week or so to enable such. If not, then yes, Cable may very well hit that much-discussed 1.70 ...

Cable Update (GBPUSD)

Cable_My five charts’ worth_12.04.14 Monthly: I’m seeing a retrace back down to the ascending red MAs as they attempt to break north of the blue MAs. Almost a classic 1, 2, 3 movement for MAs/price action, and so am inclined to think that there may ...

Cable Update (GBPUSD)

At my skill level, texting may help. Anyway, US numbers very good. Right, putting this smartphone into pocket and hitting the French countryside on horseback. Wish all those that are staying to market green pips.

Cable Update (GBPUSD)