sorry Oct 30th

EURUSD

i normally trade the cable, however it not doing anything... i believe this is a bear rally... if we break 3300, i think it will be oct 10 all over again.

EURUSD

great! all range traders got bit last night because the short-term trend was more powerful then the long term trend (i feel your pain), however odd are in our favor... keep up the good work btw: the cable is stale today... i am shorting ...

Cable Update (GBPUSD)

standard settings are 20 ma and 2 std url

Cable Update (GBPUSD)

i agree... everyone has to do what is best for them. (and for the record; when i see a h1, 62ema on the cable i think of you and i respect that ma) i think that everyone can learn for anyone; the questions should be: 1) do you trade for a living? 2) ...

Cable Update (GBPUSD)

i am one the the people that have taken the stealhead challenge ... i have only taken 4 trades this week (none on the cable) if you take 2-5 good trades a week and make 100-200 pips a week on good money management you will SLOWLY grow wealth; and ...

Cable Update (GBPUSD)

wait till it retraces...then you get better entry to sell... never sell at a low... sell at a high.

Cable Update (GBPUSD)

i have the same problem; however, i worked it out by by the following: 1) take only high probability trades 2) use small lots (e.g. using 1000K trades i.e. 10 cents a pip) 3) if the trade goes against you 50 pips, before it turns your direction; ...

Cable Update (GBPUSD)

interbankFX http://www.interbankfx.com

Cable Update (GBPUSD)

i know... i when out for 6 pips... nothing moving (lower highs and higher lows)

Cable Update (GBPUSD)

me too, i am short from 4714 ... see what happens... it may go up ... but the h1/62 ema worked 2 other times for me... see if i go 3 for 3 :-)

Cable Update (GBPUSD)

i like you thinking... i would love to get in on the edu :-)

Cable Update (GBPUSD)

you are a professional trader (and successful - thats the important part); therefore i have to asked the following: 1) if you trade naked; what determines your entry and exits (i assume you trade off of the higher charts H1, H4, and D1) are you ...

Cable Update (GBPUSD)

looks like it bullish today... however, right now it is in the middle .... what would be good entry points? long at 4720 short at 4630

Cable Update (GBPUSD)

adding to this two charts (both the same - one is zoomed in) i have three fib SMAs (13 - blue, 55 - red, and 200 - green) i have added a 60 SMA - purple and your 62 EMA pink looking at the charts you can see that today the MAs had confluence and ...

Trade what you see NOT what you expect

could go anywheres from here — could go sidesways - yellow line right of the chart could go up - blue line right of the chart could go down - red line right of the chart i think i will go up first - maybe even test the 1.55 before making a ...

Cable Update (GBPUSD)

thanx, i will check them out.

Cable Update (GBPUSD)

what brokers do you use? i use interbankFX... not bad... however, couldnt ever get a ZERO pip spread! best i get is 4 pips

Cable Update (GBPUSD)

i understand, and that makes sense. however, assuming you are far away from the h1/62ema... how then do you trade using your M15... are their other setups you follow? i have been thinking why the 62 MA works: 1) 55 is a fib number 2) 60 MA is used a ...

Trade what you see NOT what you expect

i am flat for four reasons: 1) the H1 / 62 bounce couldnt push thru 4630 area (at 50% fib retrace from todays low) 2) tomorrow is friday, and i dont want to hold over the weekend 3) tomorrow is wacky friday may go crazy - no real direction 4) the ...

Cable Update (GBPUSD)