Cable may bullish fo several day to make counter-trend

update on cable

26 Sept Weekend Analysis

24 September 09 GBP/USD Trading

Update GBP/USD 16 Sept 2009

Update GBP/USD 15 Sept 2009

Weekend Analysis

Short for GBP USD. Pattern, price, momentum and time are all in high probability set up.

Update

4/9/09

Grain Futures 10.30 pm opening bell

/ZW wheat - long
/ZS Soy - short
/ZC Corn - short

03/09/09 update

False entry signal. 2 Sept high was taken out when Bullish OB. Wait for the next bullish reversal for entry set up.

03/09/09

Probable Net Trend for the Next Few Trading Days

Dual Time Frame Momentum: With the (8) daily bullish and (34) 60M DTosc's bearish reversal, the net trend should be sideways to up over the next few trading hours/few days. Wait for second bullish reversal for entry.

Pattern: 1 Sept is in the position to be a W.5 or a W.E low.

Price: A rally above the 2 Sept high at 1.6299 signals a W.5 or W.E low should be complete.

Summary: With the (8) daily DTosc bullish and a potential W.5 or W.E complete, the net trend should be uptrend.

GBP/USD Swing Trade Strategy
Long following a rally above the minor 2 Sept high as long as the (34) 60M DTosc is not BullOB or Bearish.

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