i'm here reading your commentary

Cable Update (GBPUSD)

I suspect it will hit that target before it puts in a support then it is free to take out a resistance.

Cable Update (GBPUSD)

Here's a long term shot of my daily to give you confidence

Cable Update (GBPUSD)

Nip across the international dateline and get your order in quick

Cable Update (GBPUSD)

Not sure what you are saying here but it sounds like you are comparing price to the EMA, I don't do this at all I compare the EMA with itself.

Cable Update (GBPUSD)

Well the 5 min bounced off the EMA so I get this is now going to start the next setup from a higher position now. However that is purely guessing, I have no idea how the setup is performed... I think the aliens have something to do with it or the ...

Cable Update (GBPUSD)

Thank you. I can also tell you that it usually ends in a divergence which then returns the price to the 26 EMA which is the same as the 50% water line of the RSI. I am watching this happen now on the 15 minute chart. Sorry 5 minute chart, the 15 is ...

Cable Update (GBPUSD)

Yes you are correct BB, I just make it look simple. There are rules to follow to make the construction of the projections. However once you do know them it is a piece of cake to apply them to any time frame. Notice the duration of the setup ...

Cable Update (GBPUSD)

B2 is the same as B1 which is the height of AB C is simple the convergence of the AC line and the BC line. However you have to know exactly which points to make A and B which took me years to figure out. This is essentially an equilibrium swing ...

Cable Update (GBPUSD)

Here you go a bit of simple analysis for the newbies.

Cable Update (GBPUSD)

I don't see any reason to even bring up the topic of Brexit since the GBP has been in decline since 2014 against the USD. The GBP is simply unable to hold onto any support without being battered down again by the USD. Only when the GBP finds support ...

Cable Update (GBPUSD)

In conjunction with what rifid has described here you may want to mix it up a bit. In the 1 min chart below I have recognized a potential top on the 5 min chart. However instead of putting the whole trade on I put half on at the potential top with ...

LETS GO Trading

Following From Post 445 249 Well the situation is still holding... updating my 1 hour chart and we are still stuck at the decision point. Despite the elections, rumors and projections. Joining dots to dots is kindergarten stuff but it seems many ...

Cable Update (GBPUSD)

This is interesting I just plotted the monthly chart to get a handle on the coming year and it looks like we have hit the bottom. Months are too far away for my trading. Maybe someone else has got something similar with a different method

Cable Update (GBPUSD)

I don't think it matters, the market will indicate its intentions when the time comes to do so. Today was all about speculation and we are now right back where we started.

Cable Update (GBPUSD)

I don't see the 4 hr bar improving just now having closed the gap, may see some sort of hold at this level.

Cable Update (GBPUSD)

Now that was funny. My guess is that it is going to fill the gap

Cable Update (GBPUSD)

I finished trading for the day ages ago. That is why I am talking to you guys.

Cable Update (GBPUSD)

You don't need a trigger finger. We had 8 minutes to set up this trade and we don't need to watch it either

Cable Update (GBPUSD)