Night Magix, I took a loss too. At least your positive for the day. I am Negative for the day. All well, my first negative day in 12 days. Have to happen sometime. Not much negative thank GOD.

Cable Update (GBPUSD)

I will make you a $1,000,000 that it will not hit 1.4800 by the end of next week.

Cable Update (GBPUSD)

Yes I have that same support there as well. In fact I am still in that trade from back when it hit there. So maybe..

Cable Update (GBPUSD)

Head and Shoulders. There now you saw it. lol

Cable Update (GBPUSD)

Almost to the pip..

Cable Update (GBPUSD)

I don't know, I just got back in for long at 1.59366. Positive already, but have sl set to +2 pips.

Cable Update (GBPUSD)

You are doing much better than me, I am only up 36 pips for the day, of course I just started trading about 1 hour ago.

Cable Update (GBPUSD)

I like the counter trends for the smaller tf's But I typically do not like going against the longer term trend. Many of my smaller tf trades I put real tight moving stops on. However, a countertrend on a smaller tf for the direction of the longer tf ...

Cable Update (GBPUSD)

It bounced off my 4H 138.2 fib so w/ 3 hours left hopefully this will rise to the top. If not, well, that is what the moving SL is for.

Cable Update (GBPUSD)

I got in on that spike down for a long. Have moving SL set at +10 pips atm.

Cable Update (GBPUSD)

Yes the first one is exactly what I do. I do it on multiple time frames though. I do this from the 15M up to the quarterly candles.

Cable Update (GBPUSD)

Here is that spike down I was talking about.

Cable Update (GBPUSD)

You may be ok here, I do see that we may get one more spike down so that it can hit the target fibs on the lower side for longer tf charts, then do the bounce up. Bottom line is I do believe that this over the next 4 hours will rise.

Cable Update (GBPUSD)

As always Magix, exactly the same place I have it.

Cable Update (GBPUSD)

Fatgeeza, To answer your questions from yesterday, or earlier today however you look at it. 1. Yes and no to this one. I am constantly updating my fib lines as the change like the wind. But I only change the fibs once the session ends, not ...

Cable Update (GBPUSD)

Fatgeeza, If you don't mind I will answer this tomorrow since I have been up for about 22 hours now, with short naps. And don't worry about the questions being basic, I wish I had someone to answer my questions starting out, would of saved me A LOT ...

Cable Update (GBPUSD)

Still waiting, it will come but got my 150 pips for the day so I am happy. The cable is usually my bread and butter but tonight I did much better with E/J. It is time for bed. Good luck to all and I will see you in the next session.

Cable Update (GBPUSD)

I do feel that this is going to drop some more however, I closed all shorts with decent gain for the day since I am tired and it's time for bed.

Cable Update (GBPUSD)

Questo bambino dovrebbe fare cadere come una roccia

Cable Update (GBPUSD)

Well this was nice, my face was flat on my desk and I woke up to being positive on all trades. To answer your question, I do beleive that we should be in for the down. On the lower TF's may bounce back up one moret time but we will have to see. The ...

Cable Update (GBPUSD)