in forex I learnt one thing, never ever comment on others trades, everyone has his own view of the markets, respect them. forums are just for sharing your views with the community. whether you are able to get the message across or not does not ...

Cable Update (GBPUSD)

and while you are doing this also look at March 17 high, i think the bell just got louder.

Cable Update (GBPUSD)

now open a simple daily chart and look at April 15 high, does it ring any bells ?

Cable Update (GBPUSD)

sliced through all ema's like knife through butter.

Cable Update (GBPUSD)

brokers will always love to promote the use of indicators, because it helps them keep you stuck in a shell and keep giving them spread money in every trade.

Cable Update (GBPUSD)

problem with using indicators is that you end up seeing through the eyes of the indicator, and you simply ignore the general picture before you in 2008 when cable fell, it fell exactly down to touch the previous monthly wave of 2001 low. any ...

Cable Update (GBPUSD)

from 1.55220 I expect cable to start falling again to target recent low of 1.5380, I will love to sell from 1.55220

Cable Update (GBPUSD)

I do not use any indicators, they are a waste of time. Just basic support and resistance areas. Identify them correctly and keep collecting. In my previous posts I did mention about 200 ema, but that was just because someone on this forum, suggested ...

Cable Update (GBPUSD)

I will get my trade because I based it on daily S/R, that is swing highs and swing lows

Cable Update (GBPUSD)

my long entry is at 1.54656, tp is 1.55200, and no sl, not needed for me.

Cable Update (GBPUSD)

chances of cable falling back to 1.5380 are stronger though.

Cable Update (GBPUSD)

I am buying cable here with a April 15 high of 1.5522 as target. Should cable break that then it will be smooth sailing to 1.5997 else cable will fall back to 1.5380

Cable Update (GBPUSD)

1min, 5 min, 15 min, 30 min, 1 hour, 4 hour, daily - 200 ema all compressed in a tight spot, this is ripe for a 500 pip breakout I will prefer to wait. daily7 200 ema has held out as an excellent support this week so far. 1.4226 to 1.5997 move had a ...

Cable Update (GBPUSD)

not been able to pick a single trade since tokyo, cable is simply too confusing for me today.

Cable Update (GBPUSD)

Magix how does your auto trend indicator work, can i get it ?

Cable Update (GBPUSD)

i hear you, advise well taken, it does look bearish to me, just wish to see where i can take a good sell entry for today's trade

Cable Update (GBPUSD)

you are wise brother, own system is better than 100 other trading systems on the internet i trade when I see a trade, otherwise i just wait for a good trade.

Cable Update (GBPUSD)

but some how i still think the 38.2% retrace of the whoe move is still possible to target 5300 area

Cable Update (GBPUSD)

i think 1.5380 is holding out as a good resistance point for the time being, my earlier long from this area gave me 60 pips profit, then i went to sleep for some time during europe session if it does not break this level then we might see some ...

Cable Update (GBPUSD)

i wish to learn to trade like you, where can i start ? guide me please. i found your style very good

Cable Update (GBPUSD)