I think your red lines are what took place in the PAST and are useless to predict the future! You assume your channels point down but I can assure you your channals are drawn on the carcass what TOOK PLACE already. Meaningless excise in faulty logic. ...

EURUSD

Since markets are closed I am going to post one of my most favorite chapter from "Trading in the Zone" This chapter will release you from agony of losing and emotional pain.Read it please because it will show you how thinking in probabilities are ...

EURUSD

I'll be happy with 5980 Not greedy That would be 180 pips for me.One of us will profit next week.

Cable Update (GBPUSD)

Weekly shows uptrend.Look. Daily is down for sure but weekly still uptrend. I don't see how you proceed to 1.5550 unless willing to wait loooooong time.I hope this was just a nervous retraction.Next week hoping to get back to 5980 level. and to add ...

Cable Update (GBPUSD)

.5850 major support level.I am taking long for next week retraction. I don't see it as dramatic drop below 5800.Might go long on EU as well.I live in US and dollar is not that strong yet. My chart is simple.I use pivots CCI.

Cable Update (GBPUSD)

I am new here however it was improper of you to make a comment, post NOT directed to you. Its like you eject yourself into conversation and find my words to your disliking. Do you see how pretentious that is. I think person I was conversing took it ...

Cable Update (GBPUSD)

LOl Find it funny how little it takes for people to start hating.

Cable Update (GBPUSD)

Are we talking about Forex? 4hr? Are you joking? PA can move 100 pips in 30 min or less on any given day! One thing is certain about Trading "rule of uncertainty is paramount"

Cable Update (GBPUSD)

Check the price like I said climbing up already.Not much time passed correct? like 2min? So where was the "accumulation?"

Cable Update (GBPUSD)

Starting to move up a little.Glad London is closed.

Cable Update (GBPUSD)

I just know Feds report contain nothing major and I placed my orders to make sure the shooting up movement wont leave me behind. It can happen very quickly before any accumulation. Just hang in here by 2pm price will jump 70pips up.Well that's just ...

Cable Update (GBPUSD)

Perhaps not but your charts tell different story.

Cable Update (GBPUSD)

Glad you made money.

Cable Update (GBPUSD)

This is just market nervousness. I am long on 5850 level for 2 lots After London closes in 10min I expect to see shooting star up. Indicators for most part are worthless.What drives the market are fundamentals. If All your indicators point down ...

Cable Update (GBPUSD)

Nice Christmas tree chart I guess you can't be second guessing yourself after installing 15 indicators

Cable Update (GBPUSD)

What time is the Bernanke speech?Thx

EURUSD

So do you consider long on USD/CAD Unwise? My experience is limited.Thank you

EURUSD

Can someone explain why the upsurge? and why UP in the 1st place. I can't find relevant news to justify. Took long on US/CAD at 9950 TP at 1020

EURUSD

Opening price is driven by amateurs closing by professionals. This is typical retail drive.Wait by 2pm you'll most likely see large institutional selling.By 5pm it may go below 1330 again

EURUSD

Hope it break to shreds UP

EURUSD