Couldn't agree more

Daily Cable Vision

If that's what you prefer .. I like to trade higher timeframes but make my entries on 15 or 5 minute charts.

Cable Update (GBPUSD)

overall in the red.. in the green since i became better educated with forex.

Cable Update (GBPUSD)

haha .. it's fun. an easy 50-100 pips can be made a day if you are patient and on the right side obviously. its more violent than euro, but far less than g/j .. daily pivot points work well when used with the trend .. basic support/resistance with ...

Cable Update (GBPUSD)

I had an order to short 6420 this morning and that hit so thats my position for now. USD is looking strong across the board and that double top may cause some more selling pressure on GBP/USD. It sitting on a nice support right now as is so it's not ...

Cable Update (GBPUSD)

Double Top + Head and Shoulders? — There's a clear 40 pip difference between to two tops on the daily double top, and that's enough for me to call it one. A break below 5800 confirms it. I notice a possible head and shoulders on the 1 hr chart ...

Cable Update (GBPUSD)

You're very welcome. These aren't "my" setups, I learned them off the internet but I thought I'd pass them along. I started to put together the second part of my strategies so expect that this week.

Cable Update (GBPUSD)

and i only focus on G/U .. and sometimes eur/usd .. but with both i can get confused lol I dont see a need for more than one monitor .. unless you day trade multiple markets

Cable Update (GBPUSD)

only one.

Cable Update (GBPUSD)

The only short I would take would be a break and re-test near 6300, at which point you short the re-test (at the # 3 point).

Cable Update (GBPUSD)

Well if the 4-h chart turns in that pattern, then down to 5300 but i wont want to wait untill 5800 to short. You can find this pattern everywhere, but it's most meaningful at resistance or support (larger ones of course). Looking at the 4-hr, it ...

Cable Update (GBPUSD)

Maybe short term down? Or it may bounce lower and travel higher.

Cable Update (GBPUSD)

of course .. now if the 61.8% retrace here holds, scale down to a smaller TF to look for a better entry. at this point in time the trend is still upthough from 3500 so more upside is still possible.

Cable Update (GBPUSD)

Here's a thought .. re-test of 6240 resistance which is also a re-test of the 50% fib from the fall.

Cable Update (GBPUSD)

Style of Trading — This has been asked of me. Here it is.

Jack C's Trade Plans and Ideas

Go Here url

Jack.Canadia's Method of Trading.

Someone asked me if I was going to do this, since I said I would before. Here is part of the methods I use to trade. The other part will come next week. Enjoy.

Cable Update (GBPUSD)

Another up day on low volume for the ETF.

Jack C's Trade Plans and Ideas

Another Doji! I am extremely bearish on this pair .. This is called a tri star formation.

Jack C's Trade Plans and Ideas

Speculation is a fun and dangerous game.. Anyway A clean chart .. opprotunity to go back to match the 6600 highs is possible however we may see a correction down from here. New york trading is closed so dont expect much action now.

Cable Update (GBPUSD)