Former strong support now resistance.

Cable Update (GBPUSD)

One brokers outlook.... — Mon/Tue, March 6th Monday 1.9360/ST/1.9145 Patience with bearish view has been rewarded 1.9515/MT/1.8955 with the quick drop to secondary sup in the 1.9680/LT/1.8515 area of the former 1.9145-80 highs. While ...

Cable Update (GBPUSD)

Makes sense. I'll feel good about my SHORT once it breaks 1.9150 level. I'm just assuming it'll reverse since I got in late on a SHORT and it just been hugging the 1.9218 line.

Daily Cable Analysis

Left=darn skippy! When that happens I think we are all in trouble!

Cable Update (GBPUSD)

Easily! Call it a day! I have a feeling everything is about to reverse!

Cable Update (GBPUSD)

HA HA! — Star Wars! Nothing but Star Wars! So......... wonder if we could FINALLY see some notable retracement Tuesday?

Daily Cable Analysis

1.9200 near future? — If it can stay below the 1.9260 mark....yes. This would also open up the odds to see 1.9000 over the next few days.

Daily Cable Analysis

Yup — LONG at 1.9263. Good luck to us all !

Daily Cable Analysis

Resistance — There is some VERY strong support at 1.9255/60 area. I'll be watching that to determine my next move!

Daily Cable Analysis

Hey Scrat! I agree with you out look. I see a retrace MAYBE to 1.9500 (though 1.9480 is looking realistic as a first target) and down 1.9340. We'll have to see what the good old US of A has in store.

Cable Update (GBPUSD)

This could easily be one of those "WTF?" days where everything moves 100- 250 PIPS! Ahhh... that would be nice. I did enter SHORT on USD/JPY at 117.53 for a quick 20 PIP profit. Thanks for calling my attention to that pair, Cesarnc. ...

Cable Update (GBPUSD)

GBP — Starting to show signs of oversold on all charts up to the 1 HR. Still has a little room there and PLENTY of room on the 4 HR. Pick your poison (meaning what chart you believe ,fellow trader!)! Now I just sit and wait til about 9 AM to ...

Cable Update (GBPUSD)

So now do you see 1.9333? Congrats on your PIPS!

Cable Update (GBPUSD)

Now that the Henrycarol line of 1.9444 is complete.....we could see 1.9340.

Cable Update (GBPUSD)

Love waking up — ....with PIPS in the bank! =-) Now I wonder if that reversal is ever coming?

Cable Update (GBPUSD)

Yen? — That's looking good to SHORT some PIPS on. (USD/JPY)

Cable Update (GBPUSD)

Good job! — Bless the intestines.

Cable Update (GBPUSD)

1 HR chart GBP/USD — If that was aimed at me..."yes".

Cable Update (GBPUSD)

Close below — If you get a close below 1.9531 followed by a close below 1.9521 then the SHORT is secure.*WHEW*! A lot of line drawing. Oh yeah, and if not........be careful!

Cable Update (GBPUSD)

I agree. It wants to go down but...... something is holding it up.

Cable Update (GBPUSD)