My analysis is we're long until supply zone 1.5860 ish ATM USDX is down. USDX demand zone around 79.5

Cable Update (GBPUSD)

Well I was out on my by a few pips on a weekly call LOL. Entry at 5578 long. Stop 20 pips. First targets and pullbacks shown. Pullbacks not large areas could drop from there. Always trade on momentum. image image 1st hourly entry shown (entered ...

Cable Update (GBPUSD)

Yes, Merry Christmas to one & all. image image

Cable Update (GBPUSD)

LOL. No need for me to look at your charts. I'm not trading them.

Cable Update (GBPUSD)

Quote: They are not S/R lines. They are demand and supply zones and each zone consists of two lines! The space inbetween the two lines that range from 30-100 pips are the supply zones (above price) and the demand zones (below price). I don't like ...

Cable Update (GBPUSD)

Depends on how you draw s/r. I don't use traditional s/r. I look to where b/e stops will be.

Cable Update (GBPUSD)

That's daily stop levels gone too. Are we going down to 54933 I wonder?

Cable Update (GBPUSD)

Reckon we're due to go long from around here,we're at stop levels on the daily from a week or so ago, plus we've been going down for 9 hours which statistically is very rare. However it didn't stop it blowing through the 4hr levels. Watching PA, ...

Cable Update (GBPUSD)

Ya got me, yes it's manufacturing today isn't it, lots on today. Little sis up from the smoke so sitting the rest out anyway.

Cable Update (GBPUSD)

Today's trade — Entry image Exit image

Cable Update (GBPUSD)

This is horses for courses and I don't trade 5 min but, announcements aside and purely off the chart I don't see that as a hi probability entry, it has a long way to fall for indeterminate reward. What size stop are we talking on that? This is the ...

Cable Update (GBPUSD)

Looks like 3 level semaphore to me? A nice indicator but not needed at all - if you can't see if price has stopped making new highs/lows then you need your eyes testing. Edit, now I read more of the thread I see semafor posted

Cable Update (GBPUSD)

Trade illustrated yesterday closed for a loss but still nicely up on week. On 4hr PA at the moment just looks like chop so no trades today.

Cable Update (GBPUSD)

As I suspected, a long was on the cards. Now I wait for PA to tell me when to exit: image

Cable Update (GBPUSD)

Green for down and red for up is kinda confusing

Cable Update (GBPUSD)

The way I see it: Illustrated are last few trades for me on cable - I trade long only based on very simple PA. If the current low holds we are going long at 2pm. Exit is based on the same logic - if it's no longer going up, it's coming down. Whether ...

Cable Update (GBPUSD)

Tell me something I DON'T know . This is an aside and a complete tangent, another thread in itself really but tell me this: Generally the consensus on most sites, including this one is that strategies should be back tested to measure ...

demo account and live account differ in slippage? FXCM

I'm not sure about that - I appeared to be slipped 18 pips today over news on a demo trade. S/L was 20 pips, was stopped out for -38.3. Can't see that far back now in the tick data to see if the market gapped but it amounts to 'slippage' anyway. And ...

demo account and live account differ in slippage? FXCM

I'm familiar with the Darvas box system, which could be characterised as a trend following system I suppose. I've traded something similar with stocks in the past, screening for stocks that are trending, my other criterea were also positive earnings ...

Silent Service Method

Thanks Chris You are correct - it can be done without P.A., and in fact....I have even tested it. In my opinion, if you go with the trend, and look to buy at support in an up trending market.....well - that's enough to make money. How I've been ...

Silent Service Method