Navin a candle closing below the suppor line is never alone a bearish/bullish sign, the major reason is what we call support and resistance "lines" are merely "areas" where the price has been finding res/support, the lines are drawn to give us an ...

Cable Update (GBPUSD)

this is Jdelphiki's post in the james16chart thread... really made me wonder...we are all considering the double pin and the nice PA's but are they actually valid since the thursday and friday (friday specially) was a very quiet day in the markets, ...

Cable Update (GBPUSD)

Hi Abuawad, i would really like to know why you think on cable to run south in the lon run, there has beena decent talk going on that the cable is shining bulls on the larger TF's according to PA indications...i know how you do your analysis and ...

Cable Update (GBPUSD)

it's fine with me Abuawad, working good, what exactly is the problem?? you can't log in to your mt4? could this be linked to the broker?

Cable Update (GBPUSD)

yes that's right, our analysis is always quite similiar because our trading systmes and strategies match! BTW are you guys in toady?? i see ridiculously low levels of volatility around, so i did'nt open any new positions today which leaves me with ...

Cable Update (GBPUSD)

that was a great analysis, Bones, i am with you on that, that double pin was great, next week should further confirm it's heavenly presence! i am not taking any long term short from now on....and to an extent this will enable me to stay away from ...

Cable Update (GBPUSD)

there we go up again...

EURUSD

i forgot to mention that point Daz... divergence is'nt a great signal on it's own....the only thing it's supposed to do is to "guide" you "assist" you "point" you towards a potential entry or exit....trust me stay away from these adjectives if you ...

Cable Update (GBPUSD)

very well said, although my opinion is'nt all that worth but i would still vote for J16! that guy is more then just a human...seriosuly!!!!

James16 Group vs Van Tharp

forget abt divergence Navin...it's usless....i tried to trade divergences off the 1H several times, i installed the macd looking for divergences only to find that i missed the otherwise perfect setups juust because i saw divergince on the macd. the ...

Cable Update (GBPUSD)

yes that's right... the temporary resistance should finally stay strong to help the bounce occur, the downtrend should contiue from here...i am short 1.9817 with no tp for the first few hours, would like to see how it builds...

Cable Update (GBPUSD)

success comes to those who are to busy to look for it...

Cable Update (GBPUSD)

i am with you on this Navin, i see no reason for it to not go down...just hang in there...i know it's difficult but that's what's going to make you a great trader...hope you were'nt trading with too many lots were you?

Cable Update (GBPUSD)

so far i don't find any signs of slow momentum or low volatility, it's still going fine...i won't trade Friday perhaps but today is just fine...

Cable Update (GBPUSD)

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USD/JPY Discussion

you may be right, my trading basically focuses on what the price is doing for the next few candles on the hourly chart, what i explained in the chart above might just be the correction you mentioned, but that's what i aim for... but anyways i am not ...

Cable Update (GBPUSD)

oh i forgot to mention that those white horizontal lines are also my S and R levels but there off the 1H only, i keep them to assist myself of what's happenning in the short term, as that's what i am most concerned abt...

Cable Update (GBPUSD)

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Cable Update (GBPUSD)

yes Salah it does, but i highly dought this to be for a long time, a very good weekly support (my ppz area) as well as the 365 ema are all around to stop the price intruding them. so just wait...

Cable Update (GBPUSD)

a nice triangle is approaching up on the 1H... image

EURUSD