Euro going up fast, I'd say. Getting back to pre-crisis levels which is about 1.50.

Cable Update (GBPUSD)

In principle bullish for cable (1.70 we're coming ) but would like to draw attention to significant divergence in MACD on higher tf's (1h and d1).

Cable Update (GBPUSD)

intermediary. long term 1.70. remember? (thx for joining me, bro)

The WoRmHoLe

Well, you know, let me put it like this: we're not so much interested in you proving to us that you do make money. That's certainly fine for you and all. We, however, are more interested in learning how you do it. Means, why do you enter at a given ...

Cable Update (GBPUSD)

WTF?! Almost over-read that one! Is Cloggs out for good? Tell me it's not true! Still good traders around but the man was a real asset for this thread!

Cable Update (GBPUSD)

However, what do you base your trading decisions on (other than ramblings from pals)?

Cable Update (GBPUSD)

How can we here access the information speculators and floor tradersbase their activities on. In other words: what's the alternative to charts? News?

Cable Update (GBPUSD)

Why don't you just ignore them and concentrate on those seriously contributing. In addition, wasn't there some way to open threads where only those with 3 or more vouchers can participate (great idea! excluding myself! )

Cable Update (GBPUSD)

Imho, you're wasting your precious time dealing with "muppets" like him (to use Cloggie's favorite term). And probably you're giving him exactly what he's looking for, one way or the other. Take care, mate!

Cable Update (GBPUSD)

Gotta go, bro. Got a girl waiting. Thanks for the lesson. Looking forward to more tmw. Take care!

Cable Update (GBPUSD)

So you're kind of using higher tf's to cross-check what is happening on the 5m?

Cable Update (GBPUSD)

OK. Got it. Thanks!

Cable Update (GBPUSD)

Thanks. Pretty clear. Only how do you define the lower boundary of the upper-most box? Any bottom or the upper boundary of the previous box? Can I generalize, as Digger also hinted, that the tendency should be for the boxes to be smaller instead of ...

Cable Update (GBPUSD)

I like my upper boundary because that's where the up-swing finally ended and would have changed my lower boundary in order to bring it more in line with that desc tl which I find very important as you can trace it back all the way to the 4 h tf. ...

Cable Update (GBPUSD)

That's what I've been waiting for! Let's compare our boxes! I there anything like the "right" box?

Cable Update (GBPUSD)

Breakout from box a fake! But left us with a beautiful doji on the 1h.

Cable Update (GBPUSD)

On a side note: sl which was at .56069 would have held on that trade. If she takes off from here to 1.70 I'll be traumatized again!

Cable Update (GBPUSD)

That would mean long which contradicts the breakout from the box which means I'll sit tight.

Cable Update (GBPUSD)