Does double 30 up means a 60 pip move without consolidation? Play should be in accordance with PA, like the ones j16 teaches? Kind regards

Cable Update (GBPUSD)

Without the spike I suppose it should be like this;

Cable Update (GBPUSD)

I suppose, since cable has a habbit of moving 30 pips up or down, if before the days close it makes a new high or low, will just have to add another level keeping in mind 30 pip rule, am I correct? but how do you know the trend of the day?

Cable Update (GBPUSD)

Thanks Cloggie, can you please take a look at the following chart, if the interpretation of your comments is correct?

Cable Update (GBPUSD)

Question — Hi Cloggie, Since I am learning the breakout method you have been teaching, and still I am just struggling with it, would appreciate your comments on how you get the figures like 6067 is a driver. Kind regards Kashif

Cable Update (GBPUSD)

I suppose you want to create an EA based on the london open, there is already an EA and I suppose it works good, I have not tested it personally but heard about it on the forum, just do a search on 'Simple London breakout', may be helps to save ...

Are london opens always the same?

Hi — I personally trade only with s/r levels based on a wkly chart and then for entry and exit I use the 4hr tf along with pa confirmation. I have been trading since 3yrs now, have blown alot of accounts but while going through my personal ...

How do you trade support and resistance?

confluence — Hi Clockwork, I had been following your thread since about 2months now....but I am not able to figure out how you figure out the confluence areas. Like I had been practising the obvious SR lines on weekly charts but to see them as ...

Silent Service Method

Hi, Monday 5april will be another slow day as most of the markets are closed. Personally I think that cable is going to retest the 1.5180 support before going back to 1.5250 till the ism figures are out. Even if the ism figures are out it will play ...

Cable Update (GBPUSD)

Hi, I suggest you to go through james16 thread. Kind regards Mkashif

Cable Update (GBPUSD)

thanks for the compliment, we learn from our mistakes but first we have to realize and accept that we made a mistake Kind regards Mkashif

Cable Update (GBPUSD)

yes you are right....I should have written james16....please accept my appologies. kind regards Mkashif

Cable Update (GBPUSD)

here it is: url

Cable Update (GBPUSD)

The reason for cable being long by 300 pips was that it was bounced from a strong monthly support I would suggest you to go through james thread, there you will learn alot. Kind regards Mkashif

Cable Update (GBPUSD)

think it is going to test the 1.52000 level, may be I am wrong, but will wait for a retest of 1.5000 before opening a trade. cheers to all. Mkashif

Cable Update (GBPUSD)

May be I am wrong....but I think that it is going to range atleast till friday, then it will depend on the figures nfp.... Kind regards mkashif

Cable Update (GBPUSD)

May be I am wrong, but I do see that it is a strong support. At the moment I am long from 1.4810 tp 1.4850 Kind regards MKashif

Cable Update (GBPUSD)

Yes you are right, like I have made a plan starting with one, then if after a wk I am like patient will add another. Its like giving a present to myself Kind regards Mkashif

james16 Chart Thread

My Experience — hi guys, I started with forex about 2years ago. I came to j16 last year, read everything and started practising on a demo account, got some results so I went live, got margin call on first account of $2000. I got upset, ...

james16 Chart Thread

Some thoughts on GBPUSD — Hi, Below is gbpusd wkly chart, some points to consider: - wkly pin bar, not a perfect one, but had been piercing through two supports and seen testing 1.50000 support (a very good ppz area) Trade plan: - will wait ...

james16 Chart Thread