Pending orders for overnight trade...green=long...red=short Time limit currently LO 18Oct

Cable Short Term (Chazzle)

Ok thanks mate-catch you later

Cable Update (GBPUSD)

Lol,will do Mag and now keeping sma24 or 20 on my charts from now on.I think in one example you put 20sma and another 24sma.Is the 24 more accurate as a trigger?Or did I just imagine it?

Cable Update (GBPUSD)

Good Advice — I found this advice given on someone else's journal-but obviously universal-will keep it here as a reminder.

Cable Short Term (Chazzle)

thanks for that,MT

Cable Update (GBPUSD)

Yes,think thats it huskyboy-I have drawn the rules for engagement on this chart steps 1-4 with TP being number 5.Magix told me a way of drawing the 200ema from the higher TF and plotting it on the lower TF,in this case to put 200ema 15m on a 5m ...

Cable Update (GBPUSD)

actually that bar where price closes above the 200 would be a good bet to avoid confusion...will look more into it at a reasonable hour,thanks again for your time Magix

Cable Update (GBPUSD)

I can see that in the long trade sma/ema cross and price retrace to 200 ema happens at the same time actually-but still only about 50 of downside compared with at least 200 of up.Good one.I could possibly incorporate this into my own ...

Cable Update (GBPUSD)

found it on m15 Magix trade to the downside is straightforward and trade to the upside looks good,too obviously...but would have triggered while 24sma was back below 200ema..do you still enter?

Cable Update (GBPUSD)

great stuff Magix-I like the outside boxes,another way of seeing PA from a higher TF on a lower one like plotting MAs from different TFs on one chart...would like to do that,but its prob an mt4 thing?I don't use mt4.I will look into my platform see ...

Cable Update (GBPUSD)

trend channel with S&R levels relevant to short term trades.It seems you've got to look at more than one element of price action to get a view that is worthy of putting your cash behind...

Cable Update (GBPUSD)

On the subject of trendlines-I usually look for a channel,I will rarely be satisfied just looking for a line.Trade off M15 and look for channel in that TF and see if it looks convincing in H1 and H4

Cable Update (GBPUSD)

Hi Magix-good point here.Good to see you full of beans,this time difference thing makes me smile-way past my bedtime...

Cable Update (GBPUSD)

To start things off,here is the last trade I did late on Friday(Oct15) at the end of the London session.Time 1722 - 1902.I did actually re-enter the trade at the same price but closed at BE as the market would shortly close for the weekend. Here is ...

Cable Short Term (Chazzle)

200 ema 15m not up to much my the looks of it back in where I left off

Cable Update (GBPUSD)

closing for 36 - initial support a bit higher than I thought - may have just seen a bounce there.Will be looking to play the same theme though next week if not tonight

Cable Update (GBPUSD)

14 months

Cable Update (GBPUSD)

H1 looks like a double top with a spike stretching 45 pips beyond yestedays high in London session but no candle closed above those highs.I am short this one.Support not until 15965..(OCT 8 plateau)...then 15920 (SEP 30 high, OCT 5,6 highs) with 200 ...

Cable Update (GBPUSD)

few candles look a bit bearish 15m

Cable Update (GBPUSD)