How about a shooting star on the 1Hr. because of the time I did not want to take this short. I guess it is back down to the pivot area. Once again I will be looking to buy at a better price. Enjoy and catch ya back here later.....

Cable Update (GBPUSD)

That does look like a real nice bearish flag today on the 1Hr... I get confused watching too many charts, so for now I just watch Pound... but thanks.. will research it a bit

Cable Update (GBPUSD)

What is your SL bro?

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That is awesome man! I Usually add as well, but hit kind of a cold streak here lately and also didn't really have expectations of reaching the height we did. Hopefully back on track and ready for the next market move.

Cable Update (GBPUSD)

Looks like that is it.. hit 200 SMA... probably a bad time to take a short signal...

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Wow.. came back and my SL not hit... Left it below the 5M fractal before I left, and now, I can move it up again.....Nice run up.. looks like it is going to 1.5325 area.... I think I will shoot for that

Cable Update (GBPUSD)

Okay.. I am out now. If you didn't have any fun that was your own darn fault. Shutting things down now. See you guys back here later for Asian, chart talk and London!

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Everything is fine just like here in the states

Cable Update (GBPUSD)

I think we have an interesting set-up happening here. I think it is going to take some major strength on the Hourly chart to push through the 100 SMA if that is what it is trying to do. A perfect inverted H&S bounce would come if price moved back ...

Cable Update (GBPUSD)

seems running out of steam up top here

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I'd be interested in how you figure your targets sometime if not too much trouble. Thanks

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Hey.. I'll take her up and down again tomorrow.. except today I missed the down.

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I believe we just had a close above the failed weekly upper channel line....

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Thanks for the targets.... was just starting to look for those. Still watching that 4Hr bar though as well if that think closes bullish we could be heading up for a few hundred maybe.... any thoughts on that?

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Yeah.. I hear you there.... I was a little kicking myself because we had a perfect set-up short this morning and I did not take it.. will work on the patience thing . With that said.. had another suucessful rejection from my monthly trendline, so ...

Cable Update (GBPUSD)

No break, no shack.. I like that I am notorious for jumping the break as is the case here. The proper entry would be above the 30M morning star or above the 1HR Hangman bar on the hour.

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Yep... sure are.. if we can get above that, it would be the long position from there.. hopefully we can make it.

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later bbakker

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Well, I think we have confirmation now. It will be interesting what happens from here. Strong rejection of my monthly S&R line resulting in a nice bullish hourly bar. Also, this was a 4H bounce of the center line of my 100BB. Have to see if this ...

Cable Update (GBPUSD)