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Cable ??


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How are you folks seeing cable ???  

My thoughts are that the 1.1950 was the end of a correction....It actually was 123.8% extension from 1.32 which was an ABC....Hence we are looking for 5 waves off that 1.1980 low.....Have we had it ? In the post G E bounce up to $1.35  ????  So is it all down hill post Brexit into parity ?????  

I was a cable trader inter bank...and showing my age i actually traded the low at $1.0280....In those days the 'Russian' as we called him....(USSR central bank)  was selling the **** out of the £.....Chemical Bank of new York was organising a 'Parity' party in their dealing room......It never happend.....Chemical Bank is also no longer,,,,nor is there the 'Russian' !! 

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