I hate looking at the 1 min time frame but sometimes it can save you from having to wait the 5 min for development of a break out. Broke the box but right away came back to test and faked a bounce just to pull back inside the box...If you would have ...

New Cable Thread & Other Pairs

You are a very consistent trader. Hope to one day be just as consistent with my own trades. System that works is always the best system lol. Congrats.

Cable Update (GBPUSD)

I like it....would like to see one last test of todays low before we go up....not much time left to accomplish this before potential min come out for the USD. Will see.

EURUSD only

On a little bit larger look it may want to go out of box on upside to test that tread line where it was rejected when it tried to bounce and has be support before......support can turn resistance....we shall see.

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Chop chop in the box says the fox. Correct me if im wrong but statistically it breaks out the direction it cam in at. Or is it you split the box in half and where ever half it spends the most time in is the direction the break may be? Either way we ...

New Cable Thread & Other Pairs

I use the free version...2 indicators. 5 alerts and only 2 charts up at one time. Its def limiting. but if you a single or double pair trader it works just fine.

Cable Update (GBPUSD)

I might have to add capital to get a bigger stack in on that price. So over loaded on EUR right now its crazy wish eur would just go down 1.080 so i can switch over to GBP but both are against the same USD so no chance hahahaha.

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Shorts getting out helping hold price or move it up. More going long so maybe that can favor the bears over time.

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I truly hope so...but its staying in the zone for consolidation so might be a push. US markets just opened so will see.

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Watching 1.08346 to see if it will have any resistance to that level. Was 5/17/2024 low of day. Also close to that 38.2 fib retracement.

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Bounced on that 9 EMA....see if she has plugged enough holes and starts to bail out that water. Or if there is a retest or break...

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Shorts 2 days ago were at at almost 88% short and 12% long....its building up for the long side now at 70% short and 30% long on the sentiment. Short positions are getting out which is expected and should be what happens on a red day. Interested to ...

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Hoping for a shooting star on the daily (good reversal sign). Maybe a bearish butterfly in the mix for it with us being at the top of the H&S pattern right now. Could be wrong though.

Cable Update (GBPUSD)

I see a bearish butterfly...and maybe we close to the tip of the the head and shoulders....long way to develop tho.

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I got the 9 EMA at 1.0820 and the 200 EMA at 1.0790 for EUR...maybe a bounce at 1.0820 or could bounce on the 200 EMA. Also have the average short at 1.0790. What you think?

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Yes on the one day chart. I would love 1.0830 to short GBP. It would make for a hell of a ride down.

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Watching DXY at the moment as well for what its going to do on the channel break and the test of the rsi moving average.

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Im also looking for the shooting start to develop on GBP.....if that come to pass i think i would load some up on it. The shooting start worked well on EUR for a reversal indicator.

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Hmm....yea.....I just cant decide if i should cut some and get back in later at a higher price....Im pretty spread out. I think if it hits 1.0815 i would be break even or very close too it. I just dont have confidence in a high bounce.

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Bears seem to be stepping up.

New Cable Thread & Other Pairs