Nice work on your longs i had a long from 3943 but it got stopped out for BE +1 i was too scared to give it any room lol. Cheers for the heads up 3970 is def strong S/R

Cable Update (GBPUSD)

im short at 4039 on a failure to break a downtrend resistance line SL BE+1

Cable Update (GBPUSD)

looking forward to a rally! EU is back under trendline now as well

Cable Update (GBPUSD)

Yes it is, might be running out of steam though. Im still on the side lines for now

Cable Update (GBPUSD)

Its ok he doesnt need stops

Cable Update (GBPUSD)

EU has broken a downtrendline a signal for long cables??

Cable Update (GBPUSD)

Yep better safe than sorry. Huge moves and ive hardly traded much all week!

Cable Update (GBPUSD)

crapped on = down to at least 1.3700

Cable Update (GBPUSD)

just a pause before cable gets crapped on!! I think anyway. Its just too low for me to short now though

Cable Update (GBPUSD)

True we could easily see 1.3200, i expect 1.3681 area to provide some short term support. Wont know till we get there though. Wish I shorted at 1.4020 now but i wanted to see a better retrace before going short, oh well I'll just carry on watching ...

Cable Update (GBPUSD)

What would be your target for a long though to justify large lots? For me if I was going long from here I wouldnt be targeting more than 1.4125 and risk is down to 1.3681 in the short term

Cable Update (GBPUSD)

I wouldnt be buying any longs just yet, cant see any reason too. No signs of a reversal, EG id supported by a fib level and EU is being pushed ever further down by a falling trendline

Cable Update (GBPUSD)

Welcome back navin, your analysis for last week was spot on, just took a little while to build up momentum to finally break through

Cable Update (GBPUSD)

Yeah if anyone knows Jim rogers can they kick him in the nuts for me please

Cable Update (GBPUSD)

1.00!! Thats not something that I ever want to see, however it is possible 1985 levels, scary shit though, if you live in the UK that is

Cable Update (GBPUSD)

On a brighter note at least the footsie is rising today

Cable Update (GBPUSD)

Possible we could be heading to test the 2001 low of 1.3681 before heading up. Just a thought

Cable Update (GBPUSD)

Morning everyone glad i wasnt in a trade last night ive just come back to see the arse has fallen out of cable!! Its off my chart so i havent got a clue

Cable Update (GBPUSD)