I'll let you all know if I'm the Martingale or if Forex is. I wouldn't place your bets on me though.

Cable Update (GBPUSD)

So far my buy purchase isn't working out for me. If we keep heading down, I may have to try and Martingale this thing.

Cable Update (GBPUSD)

I understand that, I'm just trying to figure out what the number in the "period" area should be. It's a 200 day moving average, right? So under the 1 hour, is it 2400? 24 hours in a day x 200 days? Wait, maybe that's 4800? Sorry, my math isn't that ...

Cable Update (GBPUSD)

For one hour chart it should be 1200, next to period?

Cable Update (GBPUSD)

Newbie question. How do I change to SMA in MT4?

Cable Update (GBPUSD)

On my charts, assuming my EMA is set correctly, it seems to keep bouncing off of the 200 day moving average.

Cable Update (GBPUSD)

Don't be sorry, I want to see this go down. I'm just trying to figure out when to add to my position.

Cable Update (GBPUSD)

What just happened?

Cable Update (GBPUSD)

Yeah, makes me nervous also. I'm thinking of selling my short before bed tonight. Always the same decision it seems. Get out of position Put in a stop Don't put in a stop Fortunately, even if it moves up large, I won't be out much. And I'd hate to ...

Cable Update (GBPUSD)

Man, if I had some balls I'd really play this for a strong UP bounce. We are coming up on the 200 day moving average (Assuming I've got my moving average set correctly) and the bottom of the demand zone. All at the same time. Hrmmm.....

Cable Update (GBPUSD)

USD spiking at the moment. Did I miss some news? I wonder what's going on.

Cable Update (GBPUSD)

We just entered a heavy buy demand zone and were rejected. This is 1.6002. It will be interesting to see if we push down through that to 1.5993.

Cable Update (GBPUSD)

I sold already. Went with your strategy, sorta. Bought at 5979, bought again at 6080 and sold at 6100 last night before bed. Didn't want to be in still during NFP.

Cable Update (GBPUSD)

I sold my long because I don't want to risk a large downside move and I don't want to get stopped out at a loss while I sleep. Will take up a new position next week.

Cable Update (GBPUSD)

I wonder if we already saw NFP today. I heard several reports on the way home from work today that everyone is saying the numbers are going to be horrible tomorrow. Perhaps this was expectations?

Cable Update (GBPUSD)

Take a look at this four hour chart of GBPUSD: image Take away the wicks after each surge up and look how flat it is. Step up, flat, step up, flat, step up, flat. I don't know that I've ever seen such a consistent pattern before.

Cable Update (GBPUSD)

And you know this because?

Cable Update (GBPUSD)

Why do you say fake?

Cable Update (GBPUSD)