WOOHOO!! down we go baby!!! DOwnnnnnn!!!!!!!!!! sorry, i know thats completely unnecessary, i just couldn't help myself..

Cable Update (GBPUSD)

jeez.... almost +200 pips in the last couple of hours..

Cable Update (GBPUSD)

Some thoughts... news Coming Up: 1. Non Farm Employment 2. Bernanke speech Right now, price simply retracing up. typical GBPUSD action. Look at Daily, price has been falling for past 4 days, need to retrace. Option (1) If news is US bad, price might ...

Cable Update (GBPUSD)

Looks like strong reversal action on the 4H with engulfing candle forming. If closes strongly, we might revisit daily pivot at 1.9872, and then weekly pivot at 1.9960.

Cable Update (GBPUSD)

Anyone thought that US started showing signs of improvement this week? Seems the series of interest rate cuts over the last few months are starting to show its impact at least in home sales? - New and Existing Home Sales both up from forecast and ...

EURUSD

- Entered short 2.0070, TP 1.9950, SL 2.0180 for +120pips. - Hedged with long from 2.0050, TP 2.0150, SL 2.0020 for -30pips. - Total +90pips. Current Outlook: Candlesticks looking with bearish price action with pin bar on daily and weekly. Price ...

Cable Update (GBPUSD)

Hi Doris, what exactly is the I-Ching Method? I tried googling for it, but found nothing. How do we calculate the levels and how do we best make use of these price ranges? I found some of the predictions to be fairly accurate. Can you give some ...

GBP/USD Updated with I-CHING Methode

This is looking quite bearish with R1 as resistance. Notice the increase in volume (shorts), when price touched R1 previously. Daily also closed with pin bar... With the UK housing prices coming out... unless its shockingly good, this looks like ...

Cable Update (GBPUSD)

He said he takes 85% of his profit and puts it intohis savings account... not "make 85% profit".

Cable Update (GBPUSD)

can someone explain to me why is cable rising this week? I thought the UK has been consistently showing bad numbers and was moving downwards? because of even worse US news? and causing price to cross significant levels (i.e. resistance & fibs), thus ...

Cable Update (GBPUSD)

Daily Pivot/S/R calculator — All, I am sharing an MT4 indicator which automatically calculates Daily Pivot/S/R levels, much like what Abuawad posts daily. Reading the posts in the eur/usd and gbp/usd threads, I'm quite surprised to note that ...

Cable Update (GBPUSD)

Daily Pivot/S/R calculator — All, I am sharing an MT4 indicator which automatically calculates Daily Pivot/S/R levels. Reading the posts in the eur/usd and gbp/usd threads, I'm quite surprised to note that many do not look at these important ...

EURUSD

David, thanks for sharing. I've learnt the the key points you mentioned here the hard way... blowing my account twice. After that, a sort of phobia took place, and it became very difficult to trade successfully (i.e. emotional). I think it's ...

EURUSD

Just wondering... anyone has projected/targeted for a short once if this does hit a new/previous high? I am thinking 1.5954 (Daily R3) or 1.5908 (previous high) would be good points to watch. It's thus/fri now so good to be careful of exits (profit ...

EURUSD

It's a pity price isn't crossing R1 2.0393, otherwise, we'll be looking at 2.0462 (61.7% fib and R2) as next target. =)

Cable Update (GBPUSD)

Sounds great, I'll check out james 16 thread as well. Btw, can't go very wrong with trading the S+Rs, at least for EU and GU pairs, nice profits over the divergences. It seems as though those institutional fellas follow the same style of analysis, ...

Cable Update (GBPUSD)

Hi Bones, I mainly trade channels and fib/support/resistance levels, and the price seems to be bouncing off the tips of your yellow boxes which is interesting. How do you calculate the yellow zones? (i.e. which time periods of consolidation, and why ...

Cable Update (GBPUSD)

Abuawad, great strategy trading the support/resistance lines. Can I ask how you calculate/determine "Yesterday's Direction" and "Long Term TrenDirection"? You have indicated both as 'Down' for your 13-3 posting and 12-3 posting, but they've both ...

Cable Update (GBPUSD)

Hi Abouelzelouf, in simple terms, the boost to dollar by Fed's TSLF was noticable, but it proved to be brief and the dollar weakened against across the board. Basically, the markets are concerned that the liquidity measures announced by Fed and ...

I need an economic explanation

up and away we go...

Cable Update (GBPUSD)