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Carrera replied Jan 3, 20085-0 Pattern on its way — Been a pattern recognition trader, I will try to post what I see in case that this could help. There are many patterns in this business and we should check them all. Crab pattern Bat pattern Gartley Butterfly AB=CD are ...
Cable Update (GBPUSD)
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Carrera replied Jan 2, 2008Not much volume, Japan still close. London is the trading time.
Cable Update (GBPUSD)
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Carrera replied Jan 2, 2008This is what I see. If break the 1.9750 area, could go to the next fibo level. After hit 1.9650 area, strong support there. Could be a nice rally to the 78.6 fibo resistan. See chat.
Cable Update (GBPUSD)
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Carrera replied Jan 2, 2008Nope, still in range. Fibo B-C could go from 1.27 to 1.61%. Maybe this could be a good long position after completation.
Cable Update (GBPUSD)
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Carrera replied Jan 2, 2008Gartley pattern — I don't guess, never, I just wait for a good signal. Gartley pattern probabbly here (5M TF). See chart. PD. wow, already going up. Maybe I miss this bus.
Cable Update (GBPUSD)
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Carrera replied Jan 1, 2008I agree, 1.9666 area is a very strong support. I posted this chart on Dic 25 and is clear that we have to be careful at this support area. Maybe cable gets there close to friday and there is a huge economic news for US. If the news is not favorable ...
Cable Update (GBPUSD)
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Carrera replied Dec 31, 2007Maybe this could help you. This is the exel table that I use for MM. In column C, just put your actual account balance. After that, fit column H with the daily lots that fit your plan. Usually I add a mini lot when I need to gain more than 50 pips ...
Cable Update (GBPUSD)
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Carrera replied Dec 31, 2007\ For you it is a bad sign if you have any long position right now, but for others could be very very good. I sold it at 2.0089 and closed with 59 pips positive ( see post 47524 couple pages back) but may be there are still others with a good short ...
Cable Update (GBPUSD)
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Carrera replied Dec 31, 2007Trade closed. — Well time to go, good day for me today. Now, baby gorilla needs me. Take care all and happy new year. PD. Wow, I just notice that cable still going down, becareful now, 78.6 fibo is been hitted. Could be a retrasement any ...
Cable Update (GBPUSD)
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Carrera replied Dec 31, 2007Almost like live charting! — SL move lower into profit zone.
Cable Update (GBPUSD)
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Carrera replied Dec 31, 2007Happenning NOW!!! — Happenning NOW!!! Designer 1, just follow your strategy, this is scalping time for me and is very risky. You are doing ok.
Cable Update (GBPUSD)
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Carrera replied Dec 31, 2007Up and down is like going from tree to tree in my jungle — That's my jungle son! Here are my charts from today. Right now I'm going short from 2.0089.
Cable Update (GBPUSD)
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Carrera replied Dec 30, 2007I hope this could add some more data to pattern recognition. The specific retracements of the B point at a .618 and the D point at a .786 were assigned to the pattern. There are others who have assigned Fibonacci retracements to this framework. ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Carrera replied Dec 30, 2007Going up for now, but too weak. I'm out with profit because and waiting now to short it. Too many signals to the down side.
Cable Update (GBPUSD)