The following is very important for all traders: Chinese asset bubble is very critical, the chinese government increasing the reserve requirments by 50 bps is a sign that bubble has reached to a critical point that they need to maintain....The most ...

Cable Update (GBPUSD)

The momentum is showing that it is the peak for Gu, it as well be one of those tricky days (The Bulls Trap), I tend to re-allign to go short for a short term at these levels and my target is now 1.5890 till the end of the week..

Cable Update (GBPUSD)

For the rest of the day, I think 1.6183 is good place to short....what do you think Because the Dow is loosing steam, and Dollar might get re-ignited later on today..

Cable Update (GBPUSD)

Gu on a 4H chart made a cup and a handle, if the handle got broken, we might be going down from here

Cable Update (GBPUSD)

There comes another piece of news from China...Asset Prices dip due to China restricts policies around assets...This might drag the currencies down

Cable Update (GBPUSD)

Guys, whatever it is, do not short, the destructive momentum to break all the bearish trends is coming... I truly believe now there is something being cooking up to push the Cable up

Cable Update (GBPUSD)

The next targets is 1.6175, and then 1.6225

Cable Update (GBPUSD)

The market does not follow the technicals by the book, what I realized is that the market is becoming very destructive, the movement is to destruct the technicals that follow by the book.. The only way to realize this by following the previous ...

Cable Update (GBPUSD)

The momentum is rejecting the previous bearish candle, it might just shoot up to 1.6180 areas to test it again

Cable Update (GBPUSD)

My bias now has shifted to Bullish on Gu, the previous daily candle stick as a downward reversal is rejected, Cable is heading north..

Cable Update (GBPUSD)

Thanks, Lets see what happens...Nasadq is already underperforming...Dow might will get hit too...If Nasdaq (technology) comapnies are doing bad, I dont think industries are doing good either Technologyy companies are supposed to provide cost ...

Cable Update (GBPUSD)

Hi Mal, when is exactly Alcoa posting the profit news

Cable Update (GBPUSD)

For me a short run is 2-3 weeks..... How can the Gu turn back up to 1.630 with an inverted daily closing hammer today? Unless a big manipulation happens that will raise the bar to reject the signal in order to revert back up to North...It will all ...

Cable Update (GBPUSD)

Deal or No Deal, I meant from my perspective, shall I break my short position (So Deal is I will sell and keep the profit, and no Deal is I remain short). so, from your perspective, there is no Deal, therefore, you are long... By the way I am an ...

Cable Update (GBPUSD)

It depends what you mean by perfect sailing, what are you trying to say exactly, that Gu will not go down 200 - 330 pips in the short run....what is a short run for you/ how long is it ?

Cable Update (GBPUSD)

if the prices dont go up, Gu daily candle might end up making a perfect inverted hammer...which means , 200 -300 pips down, easily

Cable Update (GBPUSD)

Yes it might do a range re-bound, if it breaks out of this range, then its going south...Therefore,,,, Deal or No Deal ? I would say so NO DEAL...I am staying put on my SHORT... There is no way Dollar is going to head back south....we are in for a ...

Cable Update (GBPUSD)

Now its at 1.6111

Cable Update (GBPUSD)

What do you guys think now, what is the next stop I had my short at 1.6175, shall I TP now? I really think it wil go down to cover the Gaps at 1.602xx

Cable Update (GBPUSD)

The Dollar is back to the Pre-Chinese Announcement price levels , Now the party will begin... Where is my Shorts I think that the braodcaster in Chinese media television tripped over a noodle while he was announcing the Chinese GDP

Cable Update (GBPUSD)