Hi all, got no time to post recently. I stil short Cable, with following expectation: last week's pivot (1.547) first, then weekly S2 (1.540) on Friday. And finally next week's S1 (maybe around 1.537) before going up to 1.593-1.602 next month. ...

Cable Update (GBPUSD)

Be patience. One at a time. Your turn will come soon. Next week we will see it approaching 1.54. Now the bulls are making stopover and unloading their cargo.

Cable Update (GBPUSD)

If you can spot an entry, you should be able to know where or when to exit. Get out when your indicator give you an entry signal. That is the simplest way. But sometime we get the entry signal too late. I use simple math for early warning. For ...

Cable Update (GBPUSD)

I don't mind if people correct my language. Honestly, my main purpose of being here is to just hang around and practice my english. Trading issue is just a tool, for trading I get my insight from other sources

Cable Update (GBPUSD)

Haha .. adorable .. is it too much? Too feminine? English is not my first language, not even my third. I just want to say, that such mental quality is very useful for a trader like me. Emotionless. Feel no fear, feel no greed, feel no pain, doesn't ...

Cable Update (GBPUSD)

Thanks, pal. I'll consider your offer if I apply the strategy again

Cable Update (GBPUSD)

Numbers prone to change and need an adjustment from time to time. I use pivot(H4) on m5 for precision. But for bigger picture I stick to weekly, monthly and yearly.

Cable Update (GBPUSD)

I have never been there before, but I'll take a look in my spare time (in a market like this we got plenty of spare time). For this strategy I used two accounts. The smaller one in line with my prediction (which I took seriously), the bigger one in ...

Cable Update (GBPUSD)

It didn't make a rally yesterday, but crawled upstairs. It was around 500 pips away from Monthly Lo (1.519). 100 pips to go for my average monthly strike, and we already see the exhaustion. Ideally, after reaching the top at 1.574/6 it will go down ...

Cable Update (GBPUSD)

10 pips? I really like you, you are so funny and enthusiastic. I almost miss you when you are not around. Most of your predictions were wrong and your wishes didn't fullfil, but you seem not to care and still happy with that, as if nothing happened. ...

Cable Update (GBPUSD)

Yes, it should be OK, if you don't want to wait until it reaches the top. 1.574 would be the top for a retracement to 1.54, I think

Cable Update (GBPUSD)

Dynamic .. yes, that is the keyword. That is why all of the indicators (and EAs as their derivatives) seem perfect in certain market, but totally failed in another days. It is a challenge for us traders to recognise the character and the style of ...

Cable Update (GBPUSD)

Daily candle has closed above monthly R2 (1.563), and this pair is in a range since the open and appears to be squaring off for a rally to 1.574/6 or even higher to 1.582 (daily R3), which I'll see as a false breakout to weekly R2, or TL if you ...

Cable Update (GBPUSD)

I hope you trade well too ..

Cable Update (GBPUSD)

Both ways I'll be happy. I have long (avg 1.513) and short (avg 1.552) to unload. Don't feel the pressure right now .. and consider to load more shorts if it goes to 1.574 1.542-1.538 will do for me, with 1.594-1.602 as target. But 1.574/6 first. ...

Cable Update (GBPUSD)

If you don't know how to use it, doesn't necessarily mean it is useless. Many indicators, including your exotic system, are useless for me, maybe because I don't know how to use it, not because that particular indicator is a crap .. We are not the ...

Cable Update (GBPUSD)

It seems that last week's R3 is quite strong, no H4 Candle managed to close below that level. So I am pretty sure that this pair will see 1.574/6 before pullback to 1.538/42. But the range of today's pivot is quite tight, R3 lies around 1.57, and ...

Cable Update (GBPUSD)

No one bothers to respond to your solicitation. It seems that everybody is occupied with his/her own worries and hopes right now If you are really a novice, I don't think this thread is a good place to start. As you has probably already noticed, ...

Cable Update (GBPUSD)

Nice chart I use similar dataset: 96, 100, 110, 120 .. changing from time to time to fit PA, which is in my opinion not static. I think, it will go a bit higher and retest the middle line of BB (which is the same as SMA and slightly differs from ...

Cable Update (GBPUSD)

Yes, I don't rule out the possibility that this pair will go directly to 1.54. But as long as the weekly pivot (1.547) holds, I think it will go to 1.576 first. It is R1 weekly if you use Floor Pivot or R2 for Fibo Pivot. And in my opinion R3 weekly ...

Cable Update (GBPUSD)