Cable — Cable making its move and E/U will be right behind it. If they fail to break recent lows I may settle on pulling profits for the week. AJ

Trading EUR/USD & Majors, Longer Term

Lower charts — A lot of people trading the lower charts would be out of these trades by now.

Trading EUR/USD & Majors, Longer Term

Push down — If the push down starts and I am seeing signs of that now. The my stops will come down even farther.

Trading EUR/USD & Majors, Longer Term

Patience — Pure patience is needed here. If you have the nerve to look down at the lower charts, I am sure you will see a Flag formaton of some kind forming. My stops are set and if they are hit, so be it. Fridays are sometimes unpredictable ...

Trading EUR/USD & Majors, Longer Term

Cable — Cable has hit first 2 targets at 4270 and 4170 and needs to break 4160 level to hit the long term target of 4060. I said earlier that it would hit sometime this morning and its still on track to do so. AJ

Trading EUR/USD & Majors, Longer Term

1.2600 — EUR/USD still has not hit ti's long term target, however, it should soon

Trading EUR/USD & Majors, Longer Term

Not only Cable — We will be trading the Majors in this thread since my system is set up on all 4.

Trading EUR/USD & Majors, Longer Term

Long Term Cable — Ask Yourself the following: 1) Have you ever been trading the smaller charts and get out or get stopped out of a trade, only to watch it turn and go in your direction for profit? 2) Do you want to visit your computer once or ...

Trading EUR/USD & Majors, Longer Term

Agreed — I agree almost totally, however, the 61.8 Fib level is 4437 and could possibly go to there if it can get by that 4 hr low at 1.4374 Jim

Cable Update (GBPUSD)

1.4338 — May come back to 61.8 Fib level here. AJ

Cable Update (GBPUSD)

Last move — A good target for the retrace would normally be the 61.8 % Fib level of the last move down at 4357, however, I would stay just below it at 4352. Beddytime AJ

Cable Update (GBPUSD)

Yea — If they are drawn right by using 3 points touch method and use some common sense along with it. And stay on the Daily.

Cable Update (GBPUSD)

Sure — Call your broker and tell them to switch you to a micro account. ( You can still trade mini's with a micro if you want). If your broker don't do micros the get a real broker. Its simple really when you trade .010 micro lots and need a ...

Cable Update (GBPUSD)

1.4200 — I am thinking we may have a small retrace here and maybe a run down to 4200 before a major retrace. News at ten will redirect also. Gonna hang with this for now and catch the news and see what it does however, when trading the daily, ...

Cable Update (GBPUSD)

Yep — Yea, that is why I still got 1/2 of mine rolling downhill on cable

Cable Update (GBPUSD)

Evening Star — There is also a potential Evening Star on the Daily Cable. J

Cable Update (GBPUSD)

Yea, yea — Chart the pair, trade the system and stay with the trend of the moment and you will be fine. Don't try to trade a mini account with under $10,000 in it and stick with the Daily timeframe. If you have less than that then trade a ...

Cable Update (GBPUSD)

FYI — Just so you don't get confused, my targets are off the daily charts since I trade soley off the Daily time frame. I found that the Daily is light years easier to trade off of and the reason most fail is because of impatience and greed. ...

Cable Update (GBPUSD)

Not really — Thats not set in stone, the momentum now is down, the trend of the moment is down. I wish I had the time to explain it in more detail but I don't. The reason it is pausing here is because 4376 is the S1 Pivot . J

Cable Update (GBPUSD)

4360 — Notice it missed tapping the 4360 level by 2 whole pips....LOL Now if it touches here we will have a lower low and in my book that says we go lower. AJ

Cable Update (GBPUSD)