Sorry I am multi-tasking here and forgot to post the image, here you go

Cable Update (GBPUSD)

Sorry MJ trying to watch the soccer at the same time.... Aud v Hon 3:1 If I zoom out on the 5 min you can see how my cycle lines generally show where the action is about to take off. Normally I only have one line but clock time changes seem to have ...

Cable Update (GBPUSD)

The EMA is a 26 period representing the waterline (50%) on the RSI. 1 min, 5 min and 1 hour are the charts I watch all the time and on occasion look at the higher ones just out of interest. Note the blue vertical lines on the 5 min chart, these are ...

Cable Update (GBPUSD)

To me price appears to be running for the 1 hour target

Cable Update (GBPUSD)

For those following this I have just reproduced the trade at the 1 min chart below. Apart from the 1st entry based on the bull support the following entries are made when the fast RSI is below but the slow RSI is above the waterline.

Cable Update (GBPUSD)

ENuff said or what

Cable Update (GBPUSD)

I think, nay I know, that if traders trade what they see happening NOW rather than speculate on what may happen, they will be far better off. Don't try to outsmart the market, just go with it. Simple questions we should ask.... 1) Are we trading ...

Cable Update (GBPUSD)

By looking at the higher time frame charts we also have to take the higher risks involved which then has the effect of reducing our lot size to compensate. Time is money in this business and if we have to wait many months to extract the same profit ...

Cable Update (GBPUSD)

Or of we look from the monthly perspective... we get 38 months trading below the average.

Cable Update (GBPUSD)

31 weeks trading above the average is a good clue

Cable Update (GBPUSD)

Your weekly is making HH's and HL's That is an uptrend. Your daily is making equal tops and equal bottoms. That is a sideways range.

Cable Update (GBPUSD)

No not at all 5% is fair enough on a small account and this is the time to make such a risk when it is money we can afford to risk. The trouble is if we try to maintain 5% we run into problems later such as slippage on large orders and the ...

Cable Update (GBPUSD)

20 pips is plenty to make a darn good profit. Every time I get 20 x 20 pips completed (400) I give myself a pay rise. This keeps the account growing faster but the risk is actually growing less. This is a tad different from trading with the Quartile ...

Cable Update (GBPUSD)

How can you possibly claim the weekly is is a downtrend. Or that the daily is trending at all. Are you sure you are looking at the right pair.

Cable Update (GBPUSD)

Yes you do. The thing is the stop is tight so you have the opportunity to change direction should the bulls have FOUND support instead. Plus you can always add more to your position on the journey to 20 pips. Plus you don't have to close at 20 you ...

Cable Update (GBPUSD)

Same thing almost everyday

Cable Update (GBPUSD)

Same thing almost everyday.

Cable Update (GBPUSD)

It's the empty space between your ears.

Cable Update (GBPUSD)

It hit that upper bear support twice so I close the trade on the second hit...more than enough for the day. Now Ill go and watch the bake off

Cable Update (GBPUSD)

Darn it / go for a coffee and the bull support takes off...that would have filled my day

Cable Update (GBPUSD)