Still has not broken this channel. I am long @ 6121 sl at 6090. Lets see what happens.

Cable Update (GBPUSD)

I have to disagree. I use fibo's from the 5M up to the yearly. They work perfectly on all time frames.

Cable Update (GBPUSD)

Agreed, However, I do believe the we may get one more fake out up before it comes crashing down, but I agree the trend will be to short. My positions are flat atm but if I do decide to play long it will be with a very tight sl.

The WoRmHoLe

ams, Your charts look similar to mine and we are both in agreement that this is in a consolidation channel. You can see my charts from earlier in this post.

Cable Update (GBPUSD)

Took a nap, woke up +133 pips. Easy money. As I said play the tops and bottoms until channel breaks.

The WoRmHoLe

And as I said before, since no one listens to me (but that's ok) Tops and bottoms people, Tops and bottoms. Shad I do think you are a good trader, but you are calling this like we are in a trend. We are not in a trend as of yet. Sideways. 1.68 ...

Cable Update (GBPUSD)

Congrats on the new baby. I know what you mean, it is hard to stay away. My wife and I went to Hawaii last year and I just had to bring the laptop. Don't like trading off one screen but it was better than nothing. Have been doing well. Easy pips in ...

The WoRmHoLe

Manize, How you doing bro. Hope you have been making some pips in this sideways channel we have been in for the past week. Tops and bottoms until it breaks..

Cable Update (GBPUSD)

Agreed, We have to break this channel we have been in for the past week. Only then can we determine a direction. For now play tops and bottoms with tight S/L's. Has been hinting upwards but usually cause for alarm as to a fake out.

Cable Update (GBPUSD)

That's a big boy.... Big boys move the market. Ask him if he is going to go long or short..

Cable Update (GBPUSD)

Billionaires? Why would a Trillionaire like me waste my time with a lowly billionaire? lol.

Cable Update (GBPUSD)

Much better than me this month. I am sitting at 8.78% for the month

Cable Update (GBPUSD)

Honestly, until it breaks this triangle that we are in, play the triangle. Once it breaks that should be the trend for the day or more. ATM I have no opinion. I am just trading the smaller tf's for scalps on G/U but am playing other pairs for longer ...

Cable Update (GBPUSD)

Dr. D, I took the night off trading although I did put a long in before I went to sleep, but I was watching the tick chart EMA compression patterns I was telling you that I was going to set up for fun. Believe it or not, it may offer some signals as ...

Cable Update (GBPUSD)

Trade the range until it breaks from the range..

Cable Update (GBPUSD)

You have to remember, just because things are correlated (or negatively correlated) it is not 100%. Things can move together and then apart, or one can lead another. Trade the charts, not the correlations. Correlations are only helpful as a ...

Cable Update (GBPUSD)

Wormie, Go enjoy your time off already and stop working.... lol

The WoRmHoLe

LOL....so true.

Cable Update (GBPUSD)

Kill, No matter how well any of us think we know the market, she will teach us something each day. When your doing great and you start thinking nothing can stop you, she'll put you back on your ass and back down to reality. When you think you can't ...

Cable Update (GBPUSD)

How could I really yell at my dog for this?

Cable Update (GBPUSD)