...Hesitating at Bull Flag breakout level - sellers will attempt a fade (I always like to see things from an opposing perspective)

Cable Update (GBPUSD)

Nice going I'm positioning this week so will ride out the swings

Cable Update (GBPUSD)

I have outlined target levels in previous posts and attached charts to support the trading plan I'm adopting to clip in and out of the market scalping and building a position accordingly. The trendline you posted supports your view - which is fine. ...

Cable Update (GBPUSD)

Okay, I'll keep it simple. I believe its going down a bit and then it will go up a lot

Cable Update (GBPUSD)

Last week was a scalping the range exercise - and lets be fair, it was a bloody grind. This week for me is a buy and hold - Initial target is just above the 'Flash crash' candle at 1.2621 beyond that is 1.2914 Multi Year low's and a from a technical ...

Cable Update (GBPUSD)

..See how its 'Pin bar'ing on it now? Thats the indecision because sellers are reloading shorts and buyers are scaling out profits..This line is the war zone

Cable Update (GBPUSD)

Hi Yuddy..That line has governed PA for days hasn't it. Some are trading it short ( IBB - with trend) - others (R2R and me) have traded it long using it as a marker off a 4 hour chart swing. I've traded below for a breakout up which has failed (thus ...

Cable Update (GBPUSD)

Getting tedious isn't it...So here we are back at the governing trend line in the mid time frames that's dictated the range for days now..and yes I am Long, building into a swing and scalping out en route. There are so many variants to technical ...

Cable Update (GBPUSD)

I've developed a new Sentiment indicator - highly technical and proprietary. Sale price is $99

Cable Update (GBPUSD)

This trend line on the 30 min is still dictating the play..and for those of us with a 'long' bias..Really needs taken out

Cable Update (GBPUSD)

I think we are seeing this from a similar perspective R2F - I've got the same levels marked off as you. Sloppy sort of week again Cable and money to be made either side of the playing field. I'm up 178 pips this week trading this slop from the Long ...

Cable Update (GBPUSD)

If 'they' are stop running / liquidity hunting this is exactly where GBP needed to get too..unless of course its going under 240 min low and if it does I wouldn't be too keen on adding Longs until 1.20 has shown its hand

Cable Update (GBPUSD)

Interesting...The UK economy grew after the Brexit vote url

Cable Update (GBPUSD)

..And here is a closer look at where GU sits in its weekly timeframe..Of course the current candle is still live so the inside bar rejection is not yet confirmed. I know many here trade 1/5/15 minute timeframes so this may be a little pedestrian for ...

Cable Update (GBPUSD)

Well they could be, yes but I'd counter this by suggesting the Bears set up their raids a long, long time ago now. Whilst I agree the trend is clearly down - are major sellers here? well, perhaps they are but when I look at the chart of a major ...

Cable Update (GBPUSD)

I tend to agree which is why every time I've Long'd it I scaleout and keep building small positions for a Swing - I still see it thumping through 1.20 and look at the current 30 minute candle..

Cable Update (GBPUSD)

Yep, me too..Lever in and scaleout in case of reversal

Cable Update (GBPUSD)

That would be good, I'd like to add in to Longs

Cable Update (GBPUSD)

If you've shorted off 1.2210, you are in the major supply zone at trendline resistance so you'll have plenty of company.

Cable Update (GBPUSD)

I see it as consolidation pre breakup but then I'm trading it from the long side and taking entries accordingly. For me, the 240 min chart has triggered a 'Buy' and I'm feathering in Longs. - If it drops below 1.2155 I will add in to Longs For ...

Cable Update (GBPUSD)