No, I just don't se any reason to go short until price starts showing you its time to get short. To each his own on the colors. Kinda makes me a little nauseous. Happy Trading though. :-)

Cable Update (GBPUSD)

Looks like a koala bear crapped a rainbow on your chart there. ;-)

Cable Update (GBPUSD)

OMG, all of you absolutely crack me up. Why don't you simply wait for the market to tell you where its going instead of guessing? The market leaves footprints you know, in the form of candles and S/R breaks. For instance, right now if you go short, ...

Cable Update (GBPUSD)

Why down? Everything is poitning up? Gotta ride the train for a few days.

Daily GBP/JPY analysis

Totally!!!

Daily Cable Analysis

In retrospect, you are right, Monarch. I'm just looking at this one a bit more long term. Trading is about dissenting opinions, of course. I hope you all are wrong about going long! -Liz P.S. Think I'd reverese my opinion over 9650 and get long ...

Daily Cable Analysis

Hey, I didn't mean to be an ass. Its just that when someone is nervously asking for trade direction on a messageboard, I feel they had better close their current trade until they have some surety. I'm all for learning from others, but not while ...

Daily Cable Analysis

Yeah, still open, Monarch. You think I'm nutso? :-)

Daily Cable Analysis

Bit of advice. .. — You guys that say you are "lost" and "don't know what is going on" really need to close your trades until you DO know what's going on. You are only gambling. Just don't want to see anyone lose money out of ignorance. Best ...

Daily Cable Analysis

Sure, go ahead. I'll sell it to you. :-)

Cable Update (GBPUSD)

Wow. That was an easy 30 pips. Wouldn't discount a drop back to 9620 before resuming the uptrend off the spike.

Daily Cable Analysis

Trendlines and candles for entries. Pivot points and candles for exits. MAs can be helpful. I like 21,35,89,120. But its an art. Its all in the interpretation. If Murrey works for you, then why change? I'm guessing it doesn't work for you though, or ...

Most usefull and simple indicators

Yes, these are the days a trader waits for....

Daily Cable Analysis

g/u is adhering to every pivot today. Nice.

Daily Cable Analysis

Let's see what happens at this 9586 S1. Certainly pushed right through. I'm still quite the bull today. Banked 50 pips on that quick move and will step aside for a bit. Judging by candles alone, this could be the beginning of the resumption of the ...

Daily Cable Analysis

Price careened north off of S3 and off a few trendlines, also with significant divergence and resistance breaching. Took a small spanking for getting long too early yesterday, but now is the time. Got long at 9540 and will keep adding on.

Daily Cable Analysis

USD totally ignored good news today. I think the spike up to 9700 is just a precursor for more of the same in the next few days.

Daily Cable Analysis

Your stop losses should always be a product of market structure. IMHO, a fixed-pip stop loss is fairly useless as it doesn't take into account recent volatility and S/R. This takes you out of potentially winning trades and sometimes increases your ...

GBPUSD stop loss and take profit

Tis only gambling if you have no edge. I'm short USD/JPY and long GBP/USD as well....in case that makes you feel any better. ;-) -Liz

Cable EURUSD USDJPY Trading Discuss

Plus, ya gotta be far enough below the double -00s. More than a few pips.

Daily Cable Analysis