That is a definate possibility as well... and I completely agree with your last statement. Again, my projection is just what I could possibly see happening in my mind. The reason why I see a case is 1.65 is because A. There is most likely a TON of ...

Cable Update (GBPUSD)

I'm going to make a 2 week projection here. I have no position open currently, and this is just what I can see happening and is no means meant to give anyone trades ideas. But what I can see happening over the next week is a move over the high of ...

Cable Update (GBPUSD)

Well, I just exited my trade. I feel there is probably more upside available, but I don't deal with how I feel, I deal with what I see, and what I see brought about my exit conditions. So, trade over, netting me 213 pips. Now I patiently wait for ...

Cable Update (GBPUSD)

I realize hindsight is 20/20, but here is what I was seeing that convinced me to go long (and stay long in the case of the tweezers). It wasn't smooth sailing at first, and I came close to getting stopped out at the start, but I pulled though.

Cable Update (GBPUSD)

I'm sorry to hear that. I couldn't imagine being down that many pips. Its almost like you have no choice but to fight it when your down that far. I hope you can make it until a correction occurs. As much as I love making pips, I hate seeing people ...

Cable Update (GBPUSD)

Hmmm, I don't know about everyone else, but I'm currently up about 300 big ole piporoeno's. Although I'm starting to get the feeling that I'll be closing soon. Feels like we are entering the accumalation stage for the big boys. Who knows though. My ...

Cable Update (GBPUSD)

Tau posted a stop order placement chart on friday that had a large amount of stops at 1.6250. I wonder if that holds true still. If it does, I can't see how the big money wouldn't see it and wouldn't water at the mouth thinking of taking a huge ...

Cable Update (GBPUSD)

All those calling short... Question for ya... Where do you suppose all those traders who entered short today put their stop losses? I'm gonna guess somewhere in the range of 1.6240-1.6250. I think that is where the big money is gonna go to before ...

Cable Update (GBPUSD)

This sideways movement that has been taking place this week tests nearly everyones resolve. Heck, I have a tried and true exit plan (which I'm still following), and this movement has made me think twice as well. I've hung in there... In the end, all ...

Cable Update (GBPUSD)

Question... If everyone thinks the Fed is going to continue its current monetary policy, then shouldn't that already be priced in? And what if the Fed came out and said something along the lines of "We will continue with the current policy until ...

Cable Update (GBPUSD)

For SL there are a couple of ways you can go. You can trying putting it a couple of pips above the highest high on a short (opposite on a long obviously). Or, you could use your BBands indicator and if it closes with a blue signal on a short or a ...

Trend Catching System - Help and Modifications Required!

To each their own. I use MACD and it works quite well for me. But what works for me obviously won't work for everyone. In the end, all that matters is $$$.

Cable Update (GBPUSD)

Cool, I'm curious now. I'll look for it. Thanks.

Cable Update (GBPUSD)

If you got something better, please share. I'm open to new ideas if it increases my balance.

Cable Update (GBPUSD)

Again... *Possible* divergence... Nothing set in stone yet.

Cable Update (GBPUSD)

There is some divergence possibly setting up on the 4 hr charts... Hope it reverses things for your sake. Hang in there.

Cable Update (GBPUSD)

I don't know if it is possible or not, but I can tell you with 100% certainty it would be illegal, and probably wind a person up in prison. And if somehow it didn't, it would still be extremely unethical.

Possible to hack MT4 to change your trades after?

Ok, so since this is the Hyperbolic Yen Chamber, and in the Dragonball series, the Hyperbolic Time Chamber was a training ground to help defeat Cell, I thought I might pose a question to train us traders... Before anyone asks, I realize this is a ...

Hyperbolic Yen Chamber

I'm seeing a possiblity for a downward movement in CAD/JPY coming up, based off of divergence on the Daily and 4hr chart. If the move does occur, timing the entry will be key... I'm in careful watch mode for now. Next week will be interesting.

Hyperbolic Yen Chamber

How has the Yen Chamber been doing? Wish I had some super cool to stuff to contribute at the moment, but unfortantly I don't. Me at the moment: image

Hyperbolic Yen Chamber