nope not 'just' a scalper... but tend to scalp bounces.. lesson learnt i guess..

Cable Update (GBPUSD)

it wasn't for a reversal.. it was for scalping... there was slight consolidation at the 5050 level so only planned to scalp... 5050 level was also r3 on my charts.. though i love your last paragraph... i'm saving that to a text file

Cable Update (GBPUSD)

a bit of both.... bad week last week.. though started off well... next week is another week... maybe i can recoup the losses... i know the general idea is to wait for a confirmation .... been stung a couple of times like that... should have learnt ...

Cable Update (GBPUSD)

i took a short at 5044 for a quick scalp... then the market jumped another 30 pips taking me out... unfortunate..

Cable Update (GBPUSD)

interesting... a top for eu may be coming soon: url

EURUSD

spotted that retest too... rsi pointing lower too so could well be on its way down but gotta wait for a break of 2260

EURUSD

strong bull candlestick on the hourly close but there are obstacles in the way... 2325, 2350, 2360, 2380 @fontu : i presume its safe to say the h1 shampoo is invalid? thanks in advance

EURUSD

not over yet guys — bulls still wel and truly alive

EURUSD

so 1hr tl broken to the downside... thats good news... i am going to wait for a retrace now..

EURUSD

hi grandpost... what is macd vs 0? are those parameters? Thanks man.. i will look into that book... as mentioned my first port of call is the candlesticks themselves... my indicators are there as an aid.. Generally i won't use all the indicators ...

EURUSD

i have macd, rsi and BB on my charts... i pay more attention to the RSI and BB when trading = of course the candlesticks are my first port of call... macd has many uses as i've been reading books but i'm trying to understand the reactions of these ...

EURUSD

candlesticks won't show much either in quiet sessions... there's hardly any volume being traded... but divergences and candles can give false interpretations based on market hours i would have thought..

EURUSD

how do you know the momentum is truly fading when current charts that show a fading oscillator as we enter quiet market hours? i mean is there another method you use to confirm this?

EURUSD

h1 was respected and stopped me out... sucky - should have moved stop to BE... lesson learnt...baaaah

EURUSD

missed the entry at 2344 as it was in the middle of the night for me.. if this does hit 221x then i'm thinking it'll retrace back to 2260-70 in respect of the H&S pattern... BTW... thanks tarantula for teaching me about divergences... PA has become ...

EURUSD

also bear flag on the h1... h&s on h1 and h4... hopefully it'll crack this time... tp#1 2210... fingers crossed.. EDIT: h1 uptrend line yet to crack...

EURUSD

on 4h too

EURUSD

intervention?

EURUSD

lovely.. thanks very much

Cable Update (GBPUSD)

ahh. great thanks... i don't have access to the gbp index.. only dollar and euro... are you guys seeng this on an mt platform ?

Cable Update (GBPUSD)