Well spotted Nav ,50 is indeed a great turning point. But totally on its own not so good. What do you know about Fib Expansions Nav cause if you believed that graph you could apply one to get some targets.

Cable Update (GBPUSD)

I am concentrating on this pair to hone some skills but that is not my long term objective. I chose this pair for the same reasons you did probably Nav ,the fact that we know something about both currencies.

Cable Update (GBPUSD)

Nav there is no doubt in my mind that this is a much needed correction.If I traded other pairs I would not even consider a counter trend trade as often you end up stung,lol

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Ok my trade has gone well from earlier. First graph is from earlier second now.If price is not at target by 12 or outside channel I will reconsider position.

Cable Update (GBPUSD)

Hey Salah ,If that Fib retrace you have put on is the last move up ,you Should have it the other way with 0 at top.you are monitoring the retrace of that move and if it went all the way to the bottom that would be a 100% retrace.hope that helps.

Cable Update (GBPUSD)

I am still looking for a Monday sell off ,attached is my 1hr (ok i know only hour) But as you know my plan is from the weekly.Im looking for this 1 hr bar to close bleow the last entire bar.

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This is bearish

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Looks good to me

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not trend reversal but good call on correction Salah IMO

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Salah are you saying your long right now? if so I would book some profits. My weekly 1.9808 but its just about to move up after close tonight. Price being in the overbought area means nothing on its own. I am sure there is a correction coming in the ...

Cable Update (GBPUSD)

Hi Salah , Its great and to talk about the news and I am up for it my friend. In fact anything that affects this pair is interesting to me correlations the lot. But overall I trust my charts as there are big players out there that have worked out ...

Cable Update (GBPUSD)

It’s an interesting way to look at it the pips per day thing to get a grasp of strength and I like it. Yes the trend line could be lower but the one you have drawn is only touching at 2 points and I doubt it is correct. It is off that fake out spike ...

Cable Update (GBPUSD)

Ok I have checked my daily.

Cable Update (GBPUSD)

My Weekly Outlook — For three weeks we have travelled at a constant speed up and last week we broke out of an 8 week range. I have noticed we are in a rising channel and that the high of last week stopped to the pip at the top of that channel. ...

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Oh sorry bud my mistake,lol Im going to change it

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The more you open up on your system the more I like it Nizar . You know its great we have guys here who are open on their method of trading rather than I can not tell you my golden method because its cost me X much but this will happen, or just ...

Cable Update (GBPUSD)

My desktop now

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Actually thats a pretty good idea

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Hey ,its difficult to tell but are they all sells in the middle stop over high, TP at late 19000,s ,if so I like your thinking. Though I am not sure about the 19000s ,I am thinking 2.0015 as the bottom.

Cable Update (GBPUSD)

Hey Riyadh you need to make 8 posts quick im moving ahead of you my friend

Cable Update (GBPUSD)