what is the reason for this move???

Cable Update (GBPUSD)

We seem to be respecting daily S1 at the moment, which has subsequently turned into resistance. I hope it stays that way!!

Cable Update (GBPUSD)

ohh good one, good one!!! its like you are reading my mind!!

Cable Update (GBPUSD)

LONG?? WHY??? OMG!!

Cable Update (GBPUSD)

Thats your BIGGEST mistake there Nav, stop thinking what you think will happen and do what the market is doing or else kiss your capital goodbye!!

Cable Update (GBPUSD)

look at your chart real carefully..............

Cable Update (GBPUSD)

buy? why would you do that?

Cable Update (GBPUSD)

Maybe its a sign that it wants to go and stay below the daily pivot so bad that it keeps piercing.

Cable Update (GBPUSD)

Technically, yes. The make up the UK along with GB.

Cable Update (GBPUSD)

Bones, I haven't been watching the market that much lately, but I am still bearish. We just had the top of 2nd bearish wave that formed recently, so look for more lows in the near future. Happy Trading.

Cable Update (GBPUSD)

Nav, if you think by the end of the week we will see 1.9300 and we are at 1.9800 now, isnt this a good entry?

Cable Update (GBPUSD)

I dont think we'll see 1.98 again but possibly 1.9750 or less..........IMOHO.

Cable Update (GBPUSD)

I couldnt have said it better, good job!!!

Cable Update (GBPUSD)

Bones, I use fxtrek's intellicharts, they are the best charting software on the market I believe, simply because you can have a text message sent to your cell phone to signal you when something is going on in the market that needs your attention. ...

Cable Update (GBPUSD)

Mike, Please sir, where do we apply the 5 sma and what time frames do you use? Thanks in advance, Jamie

Cable Update (GBPUSD)

.........lol, ofcourse I am.

Cable Update (GBPUSD)