guess who's selling dollars again...

Cable Update (GBPUSD)

oh but it does move during holidays. speculators move it. that's why i'll sit back and relax, i wanna keep my profits.

Cable Update (GBPUSD)

i'm just curious, how did you come up with 2.40?

Cable Update (GBPUSD)

it might be possible, yes. here's my scenario: - if it breaks 2.0570 area tomorrow, then this is finally a retracement on h4 - which can go to 2.0851 or maybe higher - if not, the next levels to watch for a possible reversal are 2.0227 and 1.9997.

Cable Update (GBPUSD)

i thought this had to be mentioned: go here to read more about another statistical approach to trade using regression analysis (i made a reference on my previous post). it should be relatively easy to understand... but read just the first part, not ...

My Live Trades

i have put this statistical approach aside because i found something else, which is far more profitable. the idea about regression (linear or multiple) is not bad, however it is not enough for my actual requirements (defining "entry - exit - stop ...

My Live Trades

let's see if it breaks through 2.0570 area; if not, we'll see 2.0210.

Cable Update (GBPUSD)

yeah, he was wrong. what he meant was 1.79, not 1.97.

Cable Update (GBPUSD)

if i knew, i'd be on a beach in hawaii... hello everyone, i'm back. how are things going?

Cable Update (GBPUSD)

50% is not a fibo level.

Daily Cable Analysis

depends. i was waiting for a retracement, and if i see a reversal pattern i will open long positions targeting at least 0.382 level - 2.0766, although 0.618 - 2.0916 is a more realistic one.

Cable Update (GBPUSD)

you're not the only one.

Cable Update (GBPUSD)

daily chart, fib on previous swings. i expect this daily wave to go to at least 2.0227 (0.618 fib) before another correction on daily timeframe. if the downtrend is strong, we should expect 1.9651 broken during this daily wave and a possible target ...

Cable Update (GBPUSD)

good morning...

Cable Update (GBPUSD)

based on what?

Auslanco - GBP/JPY and GBP/USD (newstrade)

i don't understand why people want to go long without a reversal pattern. it's like saying "i can't believe it would go lower"; well, it can. i am still keeping my shorts and will exit ONLY when i see a reversal sign.

Cable Update (GBPUSD)

fundamentally and technically, because big sharks wanted this. there is no reason other than that.

Auslanco - GBP/JPY and GBP/USD (newstrade)

i will keep my shorts until i see a reversal pattern. no longs until that very moment.

Auslanco - GBP/JPY and GBP/USD (newstrade)

it might go higher than that.

Cable Update (GBPUSD)

sure. here's a very basic analysis, on h1/h4. the chart is on h1; you see an h4 macd at the bottom that crossed downwards, which means that the long term trend on h4 has probably changed to down. with this in mind, you go to h1 and wait for a ...

Cable Update (GBPUSD)