You have a point I suppose. I myself am a newbie, or at least thats how I see myself. This long trade I opened 1/19, quite a while ago and it was the one time I broke my own rules and was forced into survival mode. I am just sharing my experience is ...

Cable Update (GBPUSD)

Well I was right about 16000 and my week old long is now profitable. Unfortunately ive still got a short in at 15875

Cable Update (GBPUSD)

Amazing. Simply amazing. Im just a few pips from the long i entered a week ago, which Ive been counter trading daily for nice profits, but still... at some point I gave up the hope Id ever get to close it for a profit. Anyway, my short at 15875 is ...

Cable Update (GBPUSD)

Im off for a while, Ive got alarms set if the price should move to specific levels so Im going to take a much needed break.

Cable Update (GBPUSD)

Below ive circled the doji Im guessing your asking about. Combined with the other indicators circled in red, and the belief that the move up is limited to 15930 on the top side for the mid term, its easy to assume the doji is actually an indicator ...

Cable Update (GBPUSD)

I havent spent a lot of time with divergences, but can someone confirm that we have a MACD bearish divergence on the 5M?

Cable Update (GBPUSD)

I enjoy your posts, both those with market insights and those without. You are constructive and one of the few "regulars" that doesnt engage in flaming others. I assume from your post that you were wrong about one analysis or another. Honestly, I ...

Cable Update (GBPUSD)

I didnt think it would spike quite as high as it did, but I still see some downward pressure in play before it can go back up.

Cable Update (GBPUSD)

My last pic was all messed up, dont know whats doing it, but here it is again. My 2 cents. Something I didnt consider before was that we broke above the 1H Parabolic SAR..

Cable Update (GBPUSD)

Any idea why its breaking my picture attachments? It somehow shifted the bottom half right. Time to use alt+print screen instead of the built in MT4 picture.

Cable Update (GBPUSD)

The breakout UP is discouraging, but after looking at the charts, I do not believe it will hold long above 15900. See below areas circled in red. To much top pressure IMHO. I think it only accelerated past 15900 because there were a bunch of stops ...

Cable Update (GBPUSD)

Well if im wrong, at least im not wrong alone Dont you hate it when as soon as you enter a trade, it turns around the other way. Im not to worried, it will bounce off 15900, to much top pressure IMHO which needs released before it can break ...

Cable Update (GBPUSD)

Short @ 15875 Stoch 5 and 15 have been above 80 for quite some time and 5 just broke down and as I write this, 1H just moved above 80 also. We had a hard time breaking the top so I expect some profit taking before another push up.

Cable Update (GBPUSD)

Yeah, I agree. 15900 seems a sure thing right now, which is good for me, but unexpected for today.

Cable Update (GBPUSD)

Ive found the sar hard to use. At most, ive used it on 4H to signal direction change, but its not entirely reliable. I fiddled with using it as a stop loss point, moving it up once an hour to the new SAR point when I lack any other good SL points. ...

Cable Update (GBPUSD)

Stopped out at 15853 +1 pip. Thats a whopping +2 pips today, lol.

Cable Update (GBPUSD)

I got in short again at 158541, 20 pips off my initial entry target, but a profit is a profit i suppose.

Cable Update (GBPUSD)

Stopped out at 15870 +1 pip.

Cable Update (GBPUSD)

Its stalling to much, put SL at BE-1 (15870). This hour has always been tricky for me to trade, so for now, Ill play it safe.

Cable Update (GBPUSD)

Short @ 15871 for scalp. I am still bias Long. The 4H Stoch has been deep oversold since late last Friday. I also think there are enough bulls left to attempt 16000 again, though in the long run I dont think we will maintain 16000. I have to admit ...

Cable Update (GBPUSD)