Well I miss a really big move when cable move to near 1.5500 as I already planned before, the move is around 200 pips. What a shame, but it's okay, I'm not losing money lol, there is still more chance in the future.
For now, seems like we have triangle consolidation here, the best choice is wait till price close outside of the range, for me, I think it will go up more, because the fed already hinted that they will approve QE-II in next FOMC meeting. I dare to say the dollar will weaken more till end of year, but who knows what will happen, let's wait what the market tell us. If cable goes above 1.5750 I'm going to hold it until 1.6000 or more to 1.7000.
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