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ghous replied Mar 21, 2008that was a great analysis, Bones, i am with you on that, that double pin was great, next week should further confirm it's heavenly presence!
i am not taking any long term short from now on....and to an extent this will enable me to stay away from ...Cable Update (GBPUSD)
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ghous replied Mar 20, 2008i forgot to mention that point Daz...
divergence is'nt a great signal on it's own....the only thing it's supposed to do is to "guide" you "assist" you "point" you towards a potential entry or exit....trust me stay away from these adjectives if you ...Cable Update (GBPUSD)
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ghous replied Mar 20, 2008very well said, although my opinion is'nt all that worth but i would still vote for J16! that guy is more then just a human...seriosuly!!!!

James16 Group vs Van Tharp
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ghous replied Mar 20, 2008forget abt divergence Navin...it's usless....i tried to trade divergences off the 1H several times, i installed the macd looking for divergences only to find that i missed the otherwise perfect setups juust because i saw divergince on the macd. the ...
Cable Update (GBPUSD)
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ghous replied Mar 20, 2008yes that's right... the temporary resistance should finally stay strong to help the bounce occur, the downtrend should contiue from here...i am short 1.9817 with no tp for the first few hours, would like to see how it builds...
Cable Update (GBPUSD)
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ghous replied Mar 20, 2008success comes to those who are to busy to look for it...

Cable Update (GBPUSD)
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ghous replied Mar 20, 2008i am with you on this Navin, i see no reason for it to not go down...just hang in there...i know it's difficult but that's what's going to make you a great trader...hope you were'nt trading with too many lots were you?
Cable Update (GBPUSD)
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ghous replied Mar 20, 2008so far i don't find any signs of slow momentum or low volatility, it's still going fine...i won't trade Friday perhaps but today is just fine...
Cable Update (GBPUSD)
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ghous replied Mar 19, 2008you may be right, my trading basically focuses on what the price is doing for the next few candles on the hourly chart, what i explained in the chart above might just be the correction you mentioned, but that's what i aim for... but anyways i am not ...
Cable Update (GBPUSD)
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ghous replied Mar 19, 2008oh i forgot to mention that those white horizontal lines are also my S and R levels but there off the 1H only, i keep them to assist myself of what's happenning in the short term, as that's what i am most concerned abt...

Cable Update (GBPUSD)
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ghous replied Mar 19, 2008yes Salah it does, but i highly dought this to be for a long time, a very good weekly support (my ppz area) as well as the 365 ema are all around to stop the price intruding them. so just wait...
Cable Update (GBPUSD)
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ghous replied Mar 19, 2008i am out of Gu for the week made some nice pips yesterday of it, but the pair is looking to consolidate...i am out of it.
Cable Update (GBPUSD)
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ghous replied Mar 17, 2008lol i meant this bearish effect due to the US news, is it just that or we're seeing a correction and some more downward movment??
EURUSD
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ghous replied Mar 17, 2008i understand your question dpfuller, this was my problem when i first started off with this system, it has something to do with your "feel" for the system which you tend to attain once you have spent some time with this system. for now you just need ...
Cornflower Hourly System
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ghous replied Mar 17, 2008ofcaorse we can infact i see the previous 1H candle almost kissing this level, dunno that it was also a weekly support level but on my charts it's the 61.8 fib level to which the price has been shopwing respect.
Cable Update (GBPUSD)