my pleasure. anything to give an opinion that, with a different approach, reaches the same conclusions. As a principle, i use a "confluence of events". cant see why also using patterns isnt. lets just say that it is like having the dice on my ...

Daily Cable Analysis

learn about flags http://thepatternsite.com/index.html www.chartpatterns.com for asian range, go to www.trading-strategies.info register, and go to video tutorials. it is a video of how to trade the asian range or asian breakout. no need to pay for ...

GBP Patterns, Facts, Trivia

1) flags, trade flags. extra reliable on cable. tend to get to the target all the time. 2) Asian Session with a tight range, trade breakouts. target equals size of range, add to breakout. no brainer. a more complicated approach is called big ben.

GBP Patterns, Facts, Trivia

another book Getting Started in Chart PAtterns. Thomas Bulkowski. first chapter is about trendlines, rest is about patterns. 20 bucks a soft cover. really a must. this same author has another one "encyclopedia of chart patterns" much heavier ...

the best books for learning

similar patterns — hi there, have a look at these 3 double bottroms a) low at 8500 b) low at 8830 c)low at 9270....is this the start of the last move up patterns work. keep an eye open

Daily Cable Analysis

no worries, i always use it as a filter. bedtime for me......i live in a london time, and have to be ready for the london open. I expect a consolidating monday, so scalping day for me (i guess). dont see a big move until tuesday-wednesday. good luck ...

Daily Cable Analysis

there you go is this the first time cable has a sustained monthly close above resistance (1.9200)???. that is the key level IMHO. The story wont end until 31/01/07 I understand what you mean with "cable only", but cable is in a way a proxy to ...

Daily Cable Analysis

Support and resistance, something to bear in mind — Support turned resistance, resistance turned support. Eurodollar testing support on a monthly chart. 1.2980-35 is key support for the upside-downside on european pairs. monitor closely this ...

Daily Cable Analysis

hi there, if you have your strategy preconceived, you should have no problem when to exit. the only questions for an exit, and these are rather tough questions when you are in are: 1) what is your target 2) what is the minimum profit you want to ...

Daily Cable Analysis

hindsight, oh beautiful hindsight. who says price patterns dont work to the pip; well almost, this pattern missed it by 8 pips LOL double top 9750, swing low and trigger 9511, giving 240 odd pips on break. low of today, 9262.........surprise ...

Daily Cable Analysis

let it go, NFP is not the way.

Daily Cable Analysis

dont see why not. dont see why it cant give a 200 pip day on NFP

Daily Cable Analysis

I have found that since Bernanke trying to fill Greenspans socks, the market doesnt understand him well....yet. right, so what am i talking about.....simple, if bernanke tells the market that all is data dependent, then the market has to interpret ...

Daily Cable Analysis

well, to be honest, i hate NFP. i try to stand aside. i still see a bull flag that seems nothing more than a consolidation. price has come down to test 50% of the monthly bar that broke the previous consolidation (8850 to 9850) (includes dec 1st). ...

Daily Cable Analysis

there you go

Daily Cable Analysis

well you helped me to see that no matter how advanced i thought i was (not that i was much though, lol) i am still wearing nappies in TA. hat off. would love to learn more of your thinking. g

Daily Cable Analysis

this looks pretty bullish to me... do expect a pullback.......bull flag broken on the daily......if 9730 not broken cleanly, then next stop is 9450

Cable Update (GBPUSD)

encyclopedia of chart patterns by bulkowsky would never ever hurt you. it is one of those books that are a must for your reference, and not necessarily as a trading method. just my 2 pips lol

Can reading too many books be bad?

\\ hi, i am starting to use 123's together with pitchforks. will post a chart later if interested g

Pattern/Price Action Trades

the phil newton crowd use also an alternative method, and they call it the 123-45 where 4 is the pullback from triggering the 2 aspect 5 is the move down-up to complete the pattern. imho, i prefer this to an early entry, since the probability of the ...

As Simple as 1-2-3