I'm still in the bear camp although my patience is wearing thin. Edit: Me: "Theeere we go. Goodbye cable." Cable: "Goodbye profxtrader."

Cable Update (GBPUSD)

Looks like it may be saying something already.

Backing Trades Thru Charts

In my haste, I forgot to add the resistance confluence at the level that it bounced. Looking miiiighty tasty.

Backing Trades Thru Charts

Added to my shorts on the breakout and retest of the ascending channel. url

Auslanco - GBP/JPY and GBP/USD (newstrade)

We have a very similar trade on. It has also shown additional bearish properties with the ascending channel breakout and retest / rejection. 135.20 will tell us a lot on this attempt down.

Backing Trades Thru Charts

I would say we're on our way to the mid 46's. I'm a longer term trader though and it probably won't happen without another bounce. The 4940 area will tell the tale.

Cable Update (GBPUSD)

Agreed. I have the 38.2 fib of the last downlove @ 5105. I think the upside will be limited to that point.

Cable Update (GBPUSD)

Now THAT sounds like fun... well unless you're talking about golf.

Cable Update (GBPUSD)

I have targets from 131, to 129 all the way down to the mid 119's, but will be watching the upward channel very closely for a bounce.

Backing Trades Thru Charts

I saw the pattern while I was making my trend trades. While I would have loved to have soptted the setup earlier, it was taken on a signal from my swing trading system. The pattern only strengthened my conviction about my own trades and all I am ...

Backing Trades Thru Charts

Let me know what you think. I'm a trend trader so when things agree with my view of the trend, it's even more convincing. My entry on this pair was not the best but still great (>5:1 R:R), but I got a much better entry on the GBPUSD which is in a ...

Backing Trades Thru Charts

Very cool, I'll read it on my flight in a couple of hours. Been trading for about 8 years now, but always willing to learn something new.

Cable Update (GBPUSD)

I was interested in seeing this. Did you ever post it?

Cable Update (GBPUSD)

Thanks for staying in the thread Malcolmb. I don't use ANY of your methods, but to be honest I always enjoy reading your posts. Always well though out and you're making money at it, so who's to argue? Who knows? 10 years down the line I may be a VSA ...

EURUSD

I'm guessing none. None that you'd want to take home anyways

EURUSD

I have changed my bias from short to long. I'm a swing trader so mind you, it takes me a while to get switched over, but there's way too much evidence that it's going to go up before it goes down now.

EURUSD

It's like staring into the sun

Auslanco - GBP/JPY and GBP/USD (newstrade)

I hope that wasn't directed at me. I was just trying to lighten the mood in the thread. If you look a couple of posts before I state that there is a method I'm not a fan of... but I'm reading about it right now. True, planetary cycles seems a bit ...

EURUSD

Yeah I shouldn't bash too hard, but to me it's like calling an astrologer for trading advice.

EURUSD

I've toyed with them. I never was consistently profitable trading them though. Trust me, in what I like to call a "traders evolution" I'm sure we all try many many things that we discard and we keep some. I'm not OPPOSED to any form or profitable ...

EURUSD