I considered that but on that M-15 chart you cant ignore that lower high made plus those candles .. and some resistance above those candles. I would hope to break that level you have drawn.

Cable Update (GBPUSD)

Yeah I am covered now so I'm out. Cheers.

Cable Update (GBPUSD)

What are you guys looking at for a target?

Cable Update (GBPUSD)

Look at the 15 minute candle wicks as well going into London. There is some selling interest.

Cable Update (GBPUSD)

Double top at daily R1 plus some other resistance into a major market open. Usually under such circumstances, London traders will be shorting.

Cable Update (GBPUSD)

Stopped out. Short again 4335

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Im in at 4317. Tight stop as well.

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I got out a bit higher, still in profit. Was away from the computer. I am liking the picture now though going into London. I am favoring a short but we will see what happens.

Cable Update (GBPUSD)

And I just realized that a gap has been filled on my MT4 .. So shorts looking good for the time being

Cable Update (GBPUSD)

Of course. I've adjusted my target to 4175, a bit above the daily S1 pivot point. With the DOW having a negative day, the Nikkei down now I expect other markets to be selling off into and through the London session and this add some weight into ...

Cable Update (GBPUSD)

You're in at 4300? I am as of 4312 but I am moving my stop lower.

Cable Update (GBPUSD)

Yes, waiting to buy down there. As I posted earlier, this area contains: Monthly S1 + Weekly S2 pivots 76.4% Fib Level I am also going to consider 1.4080 areas as well as this contains: Weekly S1 pivot 61.8% Fib Level Daily M1 pivot If I wake up to ...

Cable Update (GBPUSD)

1.3918 I am waiting patiently to buy off of this week.

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I am short as of there as well. A 38.2 overlap with daily M2 and weekly M3 pivots. Daily 21 EMA is near 4280 as well. I am looking to buy 1.4080 or 1.3920 this week. Longer term.

Cable Update (GBPUSD)

Missed my opportunity to add! sigh .. I would adjust your target. This week is going to be a wild one so it may hit, but in an earlier post i outlined some areas to look to buy this week and hold longer term

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I will be joining you in 1 minute! only for 50 pips though

Cable Update (GBPUSD)

Last week we sold off from a top (weekly R1) to last weeks pivot. I only started to incorporate these into my trading last week and as such did not catch that trade. These in conjunction with daily pivots and s/r could be dangerous!

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Sure give me a minute.

Cable Update (GBPUSD)

Areas to watch: 1.4080 - 61.8%, weekly S1 and today's daily S2 pivot 1.3920/1.3880 - 76.4%, monthly S1, weekly S1 and today's daily S3 pivot plus prior resistance/support (higher probability to take a long here) Failure to get below 1.3845 and we ...

Cable Update (GBPUSD)

calibrate your daily pivots to 00:00 GMT (8pm EST). youl'll notice they are more precice. is your weekly s/r indicator time customizable? im looking for one like that with pivots and M levels. if you have, please share

Cable Update (GBPUSD)