a very good book is "harmonic trader" by scott m. carney. if you want to trade using fibo, this one is a must to read.

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

i don't know what MTPredictors are. elliott wave oscillator and advancedget are the same, except that last one has 2 white lines... i don't know what they are, but it is helping me when i label waves.

Cable Update (GBPUSD)

same here. short @ 1.4425 for about 300 pips.

EURUSD

i have attached both indicators.

Cable Update (GBPUSD)

and this is the weekly chart.

Cable Update (GBPUSD)

i have no idea. right now i am looking at a daily fibo level at 2.0924, but i think it's not going to stop there. even if we will see a retracement, i think there is more room up, and i think 2.11 might be a long term target. then we'll see from ...

Cable Update (GBPUSD)

they must be crystal clear, right?

Cable Update (GBPUSD)

yeah... about that... i wouldn't bet against a huge drop now, but i need to see a confirmation. anything is possible.

Cable Update (GBPUSD)

yes i can. here it is: don't trade the news!!!!!!!!!!!!!!!!!!

Cable Update (GBPUSD)

yeah tell me about it... i have to work my ass off checking charts every 4 hours

Cable Update (GBPUSD)

first tp hit @ 2.0780. i got a pending sell below last h4 candle (2.0705); which is also my SL for the other long position.

Cable Update (GBPUSD)

what do you know... almost there. i'll think about shorting then; JUST tHiNk, not actually shorting - unless i have a confirmation.

Cable Update (GBPUSD)

not yet, but have a pending sell. waiting for a confirmation.

Cable Update (GBPUSD)

i think 2.0780 is a reasonable target. i'm just curious: how many of you would bet 2.0050 is coming soon?

Cable Update (GBPUSD)

you never know. there is one thing i'm sure of: the moment we all (or almost all) give up the possibility of a short, we will see a drop. BIG SHARK NEVER SLEEPS and always takes care of everything. and judging by what i'm reading here, that moment ...

Cable Update (GBPUSD)

alright, just came back from a meeting out of town... i see cable broke last high and is currently heading towards 2.07. here is a chart for daily g-u. we currently are in a daily (weekly) wave up; i put that fibo so that you can see the extensions. ...

Cable Update (GBPUSD)

so what does that have to do with cable?

Cable Update (GBPUSD)

i only got the short. i was also thinking of going long, but i had to leave early yesterday and didn't open any more positions.

Cable Update (GBPUSD)

hey Pluto. how's it going? did you keep the short on g-chf?

Cable Update (GBPUSD)

yeah. me neither. even my wife is disappointed. not to mention my grandma... and my cat.

Cable Update (GBPUSD)