in this second trade posted on FF, I am not expecting more th an 5400, because a lot of supports come around 5385 area.

Cable Update (GBPUSD)

lets consider you are using ema 1, 2, 3, 4, 5 so when 1 crosses 2 to the upside, and 2 crosses 3 to the upside we are setting a direction in the event of a compression this direction becomes more stronger i hope you get the idea

Cable Update (GBPUSD)

the frog pattern played out nicely and we got out short, no all that remains is to wait for 5380 support [march 17 high]

Cable Update (GBPUSD)

in compression patterns your direction is given by smaller ema's turning towards bigger em'a, and also your reversal patterns come that way

Cable Update (GBPUSD)

frog pattern is when we have a previous candle close and current candle open below an important resistance level, despite the previous candle making a big wick, this is sign of bearishness, unless the frog jumps out of the water denoted by the ...

Cable Update (GBPUSD)

cable daily chart just completed the frog pattern, yesterdays candle closed below april 15 high of 5522, and today's candle also opened below 5522. will this frog jump into the water and look for its princess at 5380 or hop out of the water ?

Cable Update (GBPUSD)

this way ? excuse my multiple quotes

Cable Update (GBPUSD)

why do you need shit when you can collect pips ? anyways my point was do what your chart tells you to do, that works better

Cable Update (GBPUSD)

yes, do what you feel is best for you, be your own guide.

Cable Update (GBPUSD)

interesting view, can you explain better brother

Cable Update (GBPUSD)

one thing about forex is very predictable, and it always has been that way ........ it moves

Cable Update (GBPUSD)

few things here, one as I posted earlier we are still in daily down trend, I consider this as merely a retrace; two is that if 5522 holds then we could head up to 5997, but if it does not hold, then we are going back to 5380 so its all about what ...

Cable Update (GBPUSD)

patience is the key if 5522 holds, we will definitely get 5997. I am just waiting for a clearer entry. plus I made only 30 posts so far, no harm in reading them, to get an idea on what my previous trade was and why I took it.

Cable Update (GBPUSD)

4 hour candle close above 5522 and a 4 hour candle open above 5522, this does not look good for bears. but i will not enter any new trade for some time, need to let the spike settle down first

Cable Update (GBPUSD)

Bingo TP hit

Cable Update (GBPUSD)

2 pips from tp, i am like a small kid now, waiting for the mangoes to ripen and fall

Cable Update (GBPUSD)

4 pips more to go

Cable Update (GBPUSD)

If cable closes and opens any 4 hour candle above 1.5522 then I will forget about selling it altogether, that will mean a bullish move

Cable Update (GBPUSD)

My 9 hour journey from 1.54656 is nearing completion at 1.5520

Cable Update (GBPUSD)

between 5380 and 4800 there is no support, so this means that if cable bounces from 5522 and is able to break 5380 then it will be a lovely dance party for all of us and essentially cable so far is in a daily down trend, unless 5380 decides to be ...

Cable Update (GBPUSD)