Nice analysis. Have you been doing this long?

Cable Update (GBPUSD)

I can't believe I got sucked into that fakeout. A classic case of trading what you believe is going to happen rather than applying common sense and trading what you see. Thanks again

Higher low, lower high system

Jag Thanks. How far back do you go? I notice you also plot M15 and H1 S&R as the day progresses. If those levels are ignored do you then delete them?

Higher low, lower high system

Vantage - thanks. Your rationale makes perfect sense. Should have sussed that candle wick. So many things to learn.. Is it like learning to drive, at some point some of the basic stuff becomes instinctive? Oh, I also took the breakout because it was ...

Higher low, lower high system

Okay - some help please! — Hi guys Attached is my M5 chart for EU this morning. All times are BST. I entered on the break of the high of the 8.10 candle ie at 13364 - which was obviously the peak. Duh! Reasons - H1 candle at 07.00 was bullish ...

Higher low, lower high system

Will do - Use ProRealTime charts which I think I can post using the snip tool....will give it a shot! Really sorry to hear about your internet woes. It is so stressful when that happens.

Higher low, lower high system

Vantage - So, if looking at the EU - if this current M15 bar closes as a whopping bullish engulfing, then we can start to look for HH & HL on the M5?

Higher low, lower high system

How long have you been doing this, Musahsi? You make it look so easy!!

Higher low, lower high system

Jag - thanks for your response. Not a good start to the day. Took a long on EU and got stopped out at 13608. Will remain flat until I see more direction.

Higher low, lower high system

Terrific! Sorry for the short reply, but I need to dash to the vets! Can I come back tomorrow and post some trades?

Higher low, lower high system

How does the market decide which is weakest in a bad pair?

Cable Update (GBPUSD)

Hello Must say, you guys have one of the best threads on FF here! And there's no fighting (see Cable thread!) Jag1966 and Reflex - your recent posts and charts have been really helpful. I wondered, though, how you played EU move today? The 8am H1 ...

Higher low, lower high system

Post of the day!!

Cable Update (GBPUSD)

Great post - really helpful!

Cable Update (GBPUSD)

5909?

Cable Update (GBPUSD)

Its also a demand area from 17th Sept.

Cable Update (GBPUSD)

The price has just bounced off 5611, which I believe is the 50% fib from the upward move started on the 21st (15504 - 15716)

Cable Update (GBPUSD)

Thanks! I am in North Yorkshire, which is pretty much mid-way between London and Edinburgh. Autumn has arrived early here, which is a bit disappointing as summer was very short this year due to the winter from hell! Did you play the breakout? I did ...

Cable Update (GBPUSD)

Yes, waiting for a confirmed break under the 200EMA before attempting another short! If it doesn't, then I am out until a decent break of the DP is confirmed for a long!

Cable Update (GBPUSD)

Mortgage approvals at 9.30.

Cable Update (GBPUSD)