I actually want cable to go down, but let's see. However, on my chart the fibo is @ ~9600 rather than 9627

Cable Update (GBPUSD)

Hey Tush, careful with that Bago signal, it's news triggered and if that reverses you got a typical false breakout.

Cable Update (GBPUSD)

Listening to BB right now and their guy expect only 75k! that's half the ADP # but BB say they were right 8/12 times over past year so carefull everyone, maybe NFP will launch new assault on 2.00 for cable

Trading the NFP this friday

yes, and... I also have Bago and Sidus indicators on my H1 chart which use after I have a signal on H4 and/or D1 and the 'tunnel' is still wide which often means that the trend is not finished So, all shorts be careful and don't have a huge SL, you ...

Cable Update (GBPUSD)

Mouteki - on the majors I get 1.5-2 signals per week on average. Just got a short signal on cable, but I am not convinced that it really is going down yet and may wait till end of day to see whether we have a pinbar on daily chart (I use both ...

Cable Update (GBPUSD)

Sorry about your loss, Pasha 02, but my chart peaked @ 9746 and actually price hit 9746 several times on the 5min chart. also, I have found MT not always reliable.

Cable Update (GBPUSD)

What is the next resistance? is there any blocking the road towards $2? If not, I guess there's only price action to provide guidance

Cable Update (GBPUSD)

close to 9700 now! so much for the retrace! I got burned several times in my short FX career trying to pick tops and especially on cable and this time it can be futile. having closed a long in last 15mins or so is prudent but going short already may ...

Cable Update (GBPUSD)

Hey Trucco and thx for your note My long is from 9435 and an entry stop that I had set before the weekend @ 9355 (just above Friday's high) but got filled very late by my broker on that crazy Sunday night. At this moment it's only 36 pips and I may ...

Cable Update (GBPUSD)

Divergence on weekly chart! — We are all wondering whether cable can push higher or a correction is near. IMO the reaction to predominantly bad US news today was muted, i.e. GBP bounced off 9504 fast and seems to be struggling now. Maybe the ...

Cable Update (GBPUSD)

Major PBs today? — Hi all It looks like we will have PB's on all most USD crosses at end of today. Will people here trade those signals? i.e. short EUR, GBP, CHF??? I have been successfully demo trading daily PB for 6 weeks now and normally I ...

james16 Chart Thread

Hi Trucco, how did you manage to confidently extract 130 pips this am given that you also thought earlier that the market was all over the place? scalping on M15? I only trade D1 and H4 now but check H1 and M15 for best entry and could not see a ...

Big Boys DID IT AGAIN

I am with CMS and have been reasonably happy with. However, last 12 hours were not good : 1) I had a cable long entry stop set just above Friday's high at 9355, but it got filled at 9435! - this position is now 70 pips down 2) I was still ...

Big Boys DID IT AGAIN

all hedged up? — Hey Trucco Be very careful with your hedged positions! Maybe you have successfully managed such situations in the past, but I got burned 3 times thinking it wouldn't be so difficult to get but believe it is a lot more tricky ...

Cable Update (GBPUSD)

I opened a short a few hours ago @ 151.34 based on PB on H4 and forming strong PB on daily. Just not sure whether it will bounce off the TL on H4 @ ~151.10 or whether it's down all the way to daily TL and 150.00-20. Hopefully the later

EUR/JPY correlation

I have tested Mouteki with a little discretion over past 5 weeks and have had a 67% success rate from 76 trades (even 76% on the 4 major pairs from 34 trades) and averaged 472 pips per week

Is Mouteki really profitable??

What a dud! — what a dud! - no movement whatsoever!? ... I guess all are waiting for later today

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