well im still long,looks like its building for next push to me target 1.9730

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You say that Nav but take you for instance ,I know full well you have been advised by the better half of this thread to trade higher time frames yet you are still messing about in 15 min? do you think you are open to learn or are you going to learn ...

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Well actually I would disagree there are teachers here, say like Ash himself. A teacher will not tell you he is that person you should be able to work it out for yourself. And if I ever get to that status I hope I would be willing to do the same for ...

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You know you think you’re a teacher but I am afraid you are a student like most of us here

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Man I not trying to be funny ,this guy has a similar approach to you, he has a neutral zone which he creates by the first say 30 min bar( or whatever its up to you) and then looks for longs above and shorts below

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Hey Abuawad, have you ever read The Logical Trader ‘Applying The Method To The Madness’ If you have not maybe you should I think you would find it interesting

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well I was thinking get off that TF your goning to get burned

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oh baby if she breaks this resistance,lol

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The reason I am not seeing to big a retrace is that daily fib fan, price closed through it and has now tested it I am targeting 1.9744 ,forget stoch’s they don’t work If she retraces im expecting 1.9572 to hold.

Cable Update (GBPUSD)

I do not use RSI but if its in overbought you look to wait for it to fall out of there back down through 70 for a sell or divergence. It can be in overbought for some time in a strong trend. Thanks for your charts again Carrera ,I am thinking plan 2 ...

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Hey guys I know what you saying about a retrace here but I really think she wants to break now, is that wishful thinking, lol Anyways I going wait for close though I must admit I am shattered myself

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Surely it can t hold again, its got to break this time

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It is a good question if your scalping, I really want a long term trade under my belt, don’t worry I have closed some position out already

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Personally I am looking for a close over or through that 38.2 daily down fib fan as Big Wave Rider pointed out earlier today ,to proceed with my long

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Well done Mikey,you did good man,even though you never had much sleep,lol

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Thanks for that info,its very intresting

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I got that fan on my chart now Just wondered if you could help me further Is the position of the lower handle on the daily fan on the bottom of the bearish bar or the open of the bullish bar.

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Hey thanks for the heads up on that ,ive had that weekly fan for a while but not the daily down

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well my 1.9450 buy just got tripped ,were still in triangle and that is what im trading,looking for break to the upside for a whole lot of reasons.Gonna keep stop tight though under these conditions.My MA's do not agree with the trade.

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Well i dont know about that,when we were near the top a few weeks ago you could see a fall and it did ,today you have seen a possible rise,but mabe you are a little early both times,im still waiting for price to touch my rising trendline and will ...

Cable Update (GBPUSD)