That's what I'm hoping. I trade a different style, much shorter term exposure, so I break the moves into parcels. 30 pips covers my daily numbers. I look for 3 trades like this a day optimally based on a pretty strict criteria. Everyone finds the ...

Cable Update (GBPUSD)

OK, that took long enough... first resistance target hit + 10 at R1 6075. Closing here and waiting for Europe open. Low stress Asia trade. Even caught a nap during it and no one argued on the Cable thread the past 7 hours. ...lol

Cable Update (GBPUSD)

chart update — Interesting it was. The channel bottom and 38% were respected on the Weekly. (and yes the channel formation could be a nice bull flag forming. We're still in a longer term up trend as long as we're trading above the 50% 5800 ...

Cable Update (GBPUSD)

Hey Tau, Nicely done! Current DX 4H for reference as well.

Cable Update (GBPUSD)

I agree completely with this. and this too. (just kidding bguguen) Cable pullbacks on longer term trends can be maddening because they go on for weeks at a time. (that's when I usually drop TF. ... it's a lot less stressful than watching 61% ...

Cable Update (GBPUSD)

Excellent! For now, I'm closing smaller waves until we get trend momentum. It's amazing you held through the weekend and the deep pullback on Monday.

Cable Update (GBPUSD)

5910 is the 38.5 of the LH of 5688/63104. We will probably hit 5790, but 5870 is the next intraday downside target. Earnings season just began and luxury is taking a huge hit. The US fiscal cliff and impending tax increase/austerity are all good for ...

Cable Update (GBPUSD)

rofl.... give me 25 years and a few truck loads of ice cream and that could be me.

Cable Update (GBPUSD)

yeah, I wouldn't worry too much about it bouncing 100 pips either. have a great weekend!

Cable Update (GBPUSD)

exactly!

Cable Update (GBPUSD)

rofl everyone thinks it's daytime here. it's 4 in the morning but 12 in the afternoon in my brain....a shot wouldn't hurt at this point. yeah, we're probably around the same age. motocross was huge when I was a kid, but I didn't start riding until I ...

Cable Update (GBPUSD)

brilliant randomness I suppose. NY lunch is over, now we attack the bottom, see if it has any balls. 60094 is key on this hourly close.

Cable Update (GBPUSD)

I started out dirt biking too. I gave up riding last year and sold off my bikes after my son was born. It was like tearing my heart out. No regrets, excellent trade. I had a knucklehead, a GPZ 900, a 900 Z1, my H1 500 rice rocket, and a couple of ...

Cable Update (GBPUSD)

Well done. I always bank based on time if my targets aren't sorted. Then the money in is mine to decide. Personally, I have one long term carry trade that's 1,000 pips away from trouble on the yen (short), but everything else I don't want ...

Cable Update (GBPUSD)

hi Tau, I hope everything's good on your end. I did the same but just for a few pips and closed. Just got back from my trip too, seriously lagged after nearly 20 hours of travel from the States to Japan, so not going in large on a Friday night with ...

Cable Update (GBPUSD)

hey Chris, good to see you. Long time! Yeah, I would have never thought that one up either. Just goes to show truth is stranger than fiction. hey mate, hope everything's good. lol... so it was you! I knew you were joking, but you know someone out ...

Cable Update (GBPUSD)

hi BB, I hope your trades are going well. I agree. I don't know who started this idea about the banks watching FF, but it's pretty silly. I watch a live Interbank Time and Sales feed of 9+ banks everyday, and more money is pushed through the ...

Cable Update (GBPUSD)

actually, I told you personally on the Euranalysis thread I saw us hitting the 2660 area a couple of days off the low last July but you disagreed. making right calls on a website isn't important (making money off of it is). if you widen your gaze a ...

The Really Useless Thread

I think Cloggie may stretch things a bit at times for dramatic effect, but there's no real difference between being owned by brokers and being beholden to sponsors. Who cares? Some people are being a bit harsh about Clogs. There were some valuable ...

The Really Useless Thread

It's an interesting time. There's something about traveling that's chathatic for me. The process of shedding, refining, opening. Even working on a laptop while I'm away has been good. It caused me to clarify and simplify my process even further. I ...

What kind of music you hear while you trade?