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Mr Breakout replied Feb 18, 2017Do you see two cute puppies on this image? Yes? See, at least we agree on something.

Cable Update (GBPUSD)
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Mr Breakout replied Feb 18, 2017I have already made a comment about that too, here: url Also, keep in mind that the H&S on the EUR/GBP could FAIL. A Head and Shoulders formation - or any chart pattern for that matter- is under no obligation (legal or otherwise) to do what it is ...
Cable Update (GBPUSD)
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Mr Breakout replied Feb 18, 2017Absolutely, we should never trade our opinions. However, even if I am currently bearish on the cable, I must also stay alert and consider other possible scenarios. For example if I see that kind of price action on the cable then game over for the ...
Cable Update (GBPUSD)
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Mr Breakout replied Feb 18, 2017Sure, anything is possible. But consider this : On the same cable daily chart you posted, we ALSO have: 1: A breakout to the downside from the uptrend line. 2: Price has tested the breakout point twice (red line). 3: Price has been rejected at the ...
Cable Update (GBPUSD)
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Mr Breakout replied Feb 18, 2017A bull flag setup on the cable (daily chart), really?? Here is the exact 1h equivalent of your daily chart (see below). Do you really call this a flag or are you just drawing lines to fit your bullish point of view? Come on.
Cable Update (GBPUSD)
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Mr Breakout replied Feb 18, 2017And how many pips do you want to extract from that transaction, assuming this 1.2219 level is indeed going to act as a support line?
Cable Update (GBPUSD)
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Mr Breakout replied Feb 18, 2017Yes we talked about the Head and Shoulders on the EUR/GBP a few days ago. Here is another H&S on the GBP/AUD (4h). It seems that the price has tested the neckline (blue line) and is now about to go down. Also, notice how complex this H&S is (here we ...
Cable Update (GBPUSD)
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Mr Breakout replied Feb 18, 2017The term "complex chart pattern" can apply to ANY chart pattern, not just head and shoulders (top or bottom it does not matter). It was first used in 1948 by Edwards and Magee in their book Technical Analysis of Stocks Trends, still considered the ...
Cable Update (GBPUSD)
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Mr Breakout replied Feb 17, 2017Sure, that's what people out of arguments always say.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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Mr Breakout replied Feb 17, 2017Again you are totally clueless. Or you are playing dumb just to confuse people .
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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Mr Breakout replied Feb 17, 2017Sure, CNN (for example) and their network can prove that big fat lie. (I am not judging CNN in any way whatsoever by the way) But it was precisely the large influx of gold and silver from the Spanish treasure fleet from the New World that created ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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Mr Breakout replied Feb 17, 2017Always a real pleasure to read such comments.
And of course the debt holders you mentioned are just us, our children, and their children too. It's an almost never ending vicious circle, unfortunately. www.youtube.com/watch?v=iFDe5kUUyT0XAU/USD & XAG/USD - Gold & Silver Traders Thread
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Mr Breakout replied Feb 17, 2017LMAO, eh? You my friend still have a lot to learn, obviously. When people exchanged goods and services for gold (and silver), centuries ago, inflation was at almost zero. Then these so called central banks (the US "Federal Reserve" Bank included) ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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Mr Breakout replied Feb 17, 2017I am not making this up, a complex head-and-shoulders formation is a chart pattern that looks like an inverted head-and-shoulders but with multiple heads, multiple shoulders, or sometimes both: url A quick review of the classic chart patterns and ...
Cable Update (GBPUSD)
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Mr Breakout replied Feb 17, 2017I do not trade Gold anymore but here is my analysis on gold spot on the 1h chart. As you can see there was a breakout to the downside from the ascending channel (see chart below). However, it is now almost certain that this breakout has failed, so ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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Mr Breakout replied Feb 17, 2017Absolutely. In fact all our financial problems and "crisis" would stop almost overnight if we simply suppress paper money and replace it with gold. Why? Because nobody can create gold out of thin air, like we do with paper money. But then, no more ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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Mr Breakout replied Feb 17, 2017Sure, the cable right here broke down just a few moments ago, no need to wait until next. Just kidding

Cable Update (GBPUSD)