On Friday Pound stopped right on a monster level, so the move up might be done, at least for a while. However, it likes deep W4s testing W2 highs (in a downtrend), so one more impulse to 1.4260-70 won't be any surprise.

Okay, the high is swept out. This may be all they want, or it may come in more, and then head to the area. Now it's time to 'earn your pay' and do some work reading the clues. Or it may just make it easy for you (you being all readers) and keep blasting off.

Regardless of all this, this is in management mode from the initial long right on the open.

Cable is tricky today, but it went to ABCD objective at 1.4260-70.

Originally posted by MarcinO

Wrong. It looks done, and we are most likely after HOD.

Everyone watching in here? Watching closely?

I'm not watching cable like I used to, since I'm now infatuated with the Yen. Normally I hate the Yen. I've found few things that I simply can't stand the way they move. Almost everything I look it is wildly harmonic, and the Yen may be, just in ways I don't quite understand (believe it or not, there is almost infinitely more I don't know than I do know). I just don't like how it moves from a trading standpoint. But lately it's a real mover. So, I mostly spend my 'currency time' on that one lately.

Originally posted by MarcinO

Cable is tricky today, but it went to ABCD objective at 1.4260-70.

Originally posted by MarcinO

Wrong. It looks done, and we are most likely after HOD.

I wonder how many are willing to take a short shot at this here? Is it advisable?

There is a reason I am asking the above.

I would say it's low probability and therefore not advisable, however it seems to be reacting off ML //. ?

Notice how it reacted to the SL, to the tick by my data.

Remember last week I said I was about to do something stupid? Well, I did it. One thing I don't need now, and that is stress. I have some pretty heavy weights I am dealing with right now, and less stress is 'what the doctor ordered', so to speak. But, a series of events led me to this, and I decided to stir up a hornets nest that has long since been dead. This is the exact opposite of what I should be doing. I have this desire to right all the wrongs of the world, and one thing I have learned is that I not only can't right all those wrongs, I probably can't right even one of them. And no matter how much effort I put out, I realize I likely can't even change the opinion of a single person.

It's been a crazy lesson for me to realize I can present the most detailed, well-researched facts, put literally a thousand hours of effort into it, and not be able to change a person's mind the tiniest little fraction. People tend to be very stubborn, set in their ways, and have agendas (I don't believe I am overgeneralizing here). There is no changing that. It is why I have no hope for the world, and why I've become such a cynic over the years. The only people I can do anything for are those few that come to me and ask for my help. And only then if they are open-minded.

But, it is my nature to be 'haunted' by all the wrongs done to me over time, and to others. It's just a part of who I am. So, all that happened in the public forum years ago will bother me to the core until the day they plant me. The injustice, the way those I contributed so much to stabbed me in the back and wouldn't stand behind me, it was just so wrong. But, something good came of it. I learned first hand the concepts that would greatly help me understand the political and economic factors that are destroying our world today, as outlined by Armstrong, Zero Hedge et al. I learned the concept of politics, and more so, the fiefdom. I will leave it at that, but I saw first hand how that works, and how that is defended from anyone else, or any change. From 'outsiders'. From any diminishment of power. Now when I see it unfold on the world stage, it all makes sense, since I've seen it first hand. Here's my lunacy:

http://www.mypivots.com/board/topic/8600/-1/heres-an-interesting-proposal

I know, I know, you don't have to say it...

It's been a wonderful week for me. I want to thank everybody for their comments and charts and I'm really happy to be included here. This is a breath of fresh air to be with a group like this. Thanks to all for putting up with my "newbie" questions and learning process. Hopefully I can climb the learning curve and be up on the slope where you all are! Everybody have a great weekend and will see you on Monday!