Ayax, absolutely awesome analysis with many variants ahead of the time... Do you use software or everything is done by hand?... Good luck with your trading although with your analytical skills I doubt you need luck... anyway thanks for sharing.

Cable Update (GBPUSD)

mbrown, it wasn't my intention but you are right it looks like I contributed to today's drama. Sorry about that...

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80-120% ATR(14) in one direction it's my expectation for the day before I reverse and scalp.

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Moty, do you expect extraordinary trading day today?

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We have a few gloom and doom traders here but when the market goes against them 100 pips/points they are nowhere to be seen...just trade your plan and share your strategy...No on is right 100% of the time and please understand that we only share our ...

Cable Update (GBPUSD)

MXT, nice call...

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Moty, you were my "prime suspect" for 2044...LOL...you did good...congrats.

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Update of the longer view and intraday for Friday ...just my analysis nothing is carved in the stone.

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@fontu, you have my lifetime thumbs up..

EURUSD

Moty, like always we have two scenarios...either abc and then up or 12345 down after ABC.

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Almost there...

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I wish people here were more concerned about discussing strategies/methods of trading than getting even with imagined adversary...Let's treat FF as our office. That's all I ask.

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Moty, yes GU is in reversal zone but notice 2180 level which should complete a larger harmonic pattern. 1H chart might give us a bounce to the upside.

Cable Update (GBPUSD)

GU touched H&S target...DX is in reversal time zone but still has 3 days (until 08.01) to reach ideal time and price target...

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.Meugampong, I couldn't agree more with the statement "no one has a cristal ball in this business"...know your playbook, choose the setup, trade your plan (entry, exit, MM). I am a day trader but sometimes I take the trade which I hold longer. I am ...

Cable Update (GBPUSD)

Yes meugampong, you are correct. On your chart, we don't see any evidence that trend has changed (we still see LH-LL)...but if you take under consideration primary angle of two last swings you will notice that the second leg lacks the intensity of ...

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very impressive...congrats.

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come on asgcorp, don't you see good interest at 2431 to the long side where the wicks form? Sure GU has a few hurdles on the way up (see my chart) but it's trading, we don't have to know everything to make a decision and wait for the confirmation of ...

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yea, first good sign...good luck with your trading.

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Hi Justfx87, rightly so, ...but at some point, the last low will hold ...hopefully for my analysis the lowest low which has been made on July, 17 otherwise I will need to reevaluate my daily chart.

Cable Update (GBPUSD)