it looked like it was going to rocket up, but the confirmation never came on the next 5 min bar. I wouldn't worry about getting in on the very start of the break to be honest. It will be large enough to give you alot of pips when it does break, even ...

Cable Update (GBPUSD)

Personally, I'm staying flat until after Geithner speaks. Seems like the market is gonna range until then.

Cable Update (GBPUSD)

Action most likely will not increase until the asian session opens. this is what normally happens this time of day.

Cable Update (GBPUSD)

Yeah, there normally (from what I've noticed) isn't much volume between about now and the asian open.

Cable Update (GBPUSD)

Thanks for the suggestion. I'll give it a shot.

Cable Update (GBPUSD)

Awesome move today for sure... Question for you, I was late to the party this morning, and because of that, unsure about entry. I got in and out with 30 pip profit, but obviously I left a lot on the table. How do you generally feel about entering ...

Cable Update (GBPUSD)

Thanks for this advice. Ever since I began using this idea of yours, all I have seen was the 60+ degree moves, which made me very nervous about taking this trade because it didn't appear to be a strong move. I'll keep your advice in mind for the ...

Cable Update (GBPUSD)

Weird evening so far... I was expecting a huge move when the ema's closed where I circled. They were bunched up pretty tight on the 15 and 30 minutes charts as well. Maybe it'll still break out here soon, but this is totally not what I expected, ...

Cable Update (GBPUSD)

My first day of live trading... So nervous but excited at the same time. Now, just gonna sit back and wait for the perfect opportunity to come to me...

Cable Update (GBPUSD)

wish I would have seen this post alittle sooner, but if your still on, what is your opinion of a breakout happening off of a compression on a friday afternoon, end of month? Not much volume at the moment, so I'm kinda nervous about jumping on board ...

Cable Update (GBPUSD)

My apologies for calling it a system. Tbh, I didn't mean to use it (noticed i called it a plan in the 1st line of my post), but didn't realized I used the word later on until you called me out on it. In any event, again, as I said before, thank you ...

Cable Update (GBPUSD)

Gotta say, I've been demoing your plan for a little while now, and I am starting to become a believer. I haven't had one trade go bad so far with your system. It really helps me identify when a breakout is about to occur, which has always been a ...

Cable Update (GBPUSD)

That is what I was saying with the "or close at least" statement. Below is the chart I was looking at. It clearly crosses the 200 ema, but does not close below it. Anyhow, it really doesn't matter to much now anyways, end of the week and all. Have a ...

Cable Update (GBPUSD)

Price has yet to break the 200 ema on the 4 hour chart (or close at least). Just something to keep in mind...

Cable Update (GBPUSD)

Yeah, I've read before a true Martingale would be doubling down against the direction of price. Am I wrong here? There is certainly risk involved with what your doing... Sounds like a whipsaw could really hurt your acct fast. But it could be ...

Cable Update (GBPUSD)

According to the my chart, the compression is wound up tighter than an 8 day clock currently... I believe your right, it can't stay that way much longer. Now its just a matter of waiting for the break.

Cable Update (GBPUSD)

Got out @ 1.5597, for +7 pips. Not much, but I'll take it. Time to go play with the kids for awhile.

Cable Update (GBPUSD)

if it breaks 5590, whats the next target? 5575?

Cable Update (GBPUSD)

Got in a little late, but I entered short at 1.5604.

Cable Update (GBPUSD)

If we can get below the 1.5600 pyschological barrier, 5590 is the next target down.

Cable Update (GBPUSD)