Truly, PA looks south bound. But how would you describe the pin bar on the last hour. Bullish or neutral?

Cable Update (GBPUSD)

You won't lose the whole of 25 pips if you have good knowledge of candle patterns

Multiple Trading systems gbpusd only

Will miss you terribly — The more I look at this, the more I feel terrible. How many people on this Forum are truly God-fearing? Well, you've got to move on and there's nothing we can do about it. It's hard to believe that this Thread is just ...

SFM - Trading Room

Why don't you first digest www.babypips.com before wandering into trading and indicators. The market is not running away and you'll save yourself a lot of regrets.

Multiple Trading systems gbpusd only

[quote=Jazznos;3986582]If you put your charts on a Weekly view and look at the monthly fib for Cable, its most interesting.. Look at week 30, price opens just above our LONG level, and wends its way up to our BULL T1 almost to the pip (happened to ...

SFM - Trading Room

Did you see what happened at the Asian session between 4.15 and 5.00 GMT today? Until that spike is explained, don't discountenance a northern move

Cable Update (GBPUSD)

NEXT 3 HOURS — I am yet to read anywhere the cause of the spike on GU between 4.15 and 5.00 GMT today. The Asian session gave us 120 pips. The reason for that spike could be helpful in determining GU's direction in the next 3 hours

SFM - Trading Room

50EMA confirmed the Buy. Does anybody know the reason behind the spike at 4 - 6.00 GMT?

Multiple Trading systems gbpusd only

THUMBS UP — Clearly, you deserve an applause. Anybody who can rake in such pips on this down trend is no mean trader. Bravo

Cable Update (GBPUSD)

The Asian session had given us an excess of 100 pips. The volume therein is not as high as those of the London and New York Sessions. It is thus very likely that the figure wili be doubled.

Cable Update (GBPUSD)

Quite rightly, you just said 'average.' To get an average there are also highs and lows. London has just opened. I hope you're not saying all that will happen between now and the US session is the remaining 7%? Today is looking like a 200 pip day

Cable Update (GBPUSD)

I am unable to figure out how you got the loss of 61 pips on the buy side. If you had bought at around 5573 when PA crossed the upper band and eventually got to 5618, how did such a loss occur? To me, the worst one would have done under the ...

Multiple Trading systems gbpusd only

Clearly, this kind of negative result occurs only if you allow your gains to turn to losses. The idea of using trailing stops and moving SLs to BE is to guard against the kind of result you have posted. Zamanib's systems are great and should be ...

Multiple Trading systems gbpusd only

Sorry about your charts. I hope your broker has sorted it out. Simone had actually addressed my quesrtion. I wanted to know which is the Fibs was at work today on GU: Franky Open or London Open. Like she rightly pointed out, London was it. Thanks ...

SFM - Trading Room

Thanks a lot. GU has been ranging all day and has been a day for the Hit and Runs. The talk is that the market is largely waiting for tomorrow's FOMC. We keep watching

SFM - Trading Room

Aswilled, I can see you are up. What do you think?

SFM - Trading Room

Simone, are you there? Fibbing from Franky Open the Breach point is at 5961 but taking it from London Open, the breach is at 5950. Which one is superior to the other today?

SFM - Trading Room

61%/38% — GU and EU are back in tandem. Simone, have you noticed that anytime Cable breaks 61.8% it ultimately gets to 38.2% and vice versa?

SFM - Trading Room

Favourable ADP. That should quell the fear of double dip recession in US a little bit. For the fundies, this should fire up risk appetite but so far Cable has been looking southwards even though it is still in bull's territory. You see why SFM is ...

SFM - Trading Room

Waiting FOR ADP — It appears the market is waiting for the ADP news. Meanwhile, GU and EU are going their separate ways atm

SFM - Trading Room