That's FXCM Market Scope platform right? How'd ya get the 6hr and 12hr on there? I dont see them on the one I'm using.

Cable Update (GBPUSD)

Yeah, but Alex, you're both right, never cancel out the possibility of it going back the other way. A possible H & S Top could be forming. I shorted based on the bearish engulfing pattern.

Cable Update (GBPUSD)

More to the question, do you? or can't you just distinguish what one is on your chart? take a closer look and you'll see 3 of them in the last 2 days. Leave Nene alone.

Cable Update (GBPUSD)

and you're spreading the spam by quoting him...LOL edit your post if you dont want to keep spreading it

Cable Update (GBPUSD)

Excuse you, me a sheelpe, I've been trading for over 10 years. I think I know what I'm doing, thanks all the same. And if it wasn't for that news release, I wouldn't of cleaned up on the EUR/USD, GBP/USD, GBP/JPY, for a little over 700 pips ...

Cable Update (GBPUSD)

Don't forget the TRILLIONS of dollars that went missing on Gov' spending that was held in building 5 during 911. That was the biggest waste - not to mention all the lives during and after.

Cable Update (GBPUSD)

well, here's a tip url 4:00am EUR Final Manufacturing PMI 4:30am GBP Manufacturing PMI take a look at what it says: Data is given to Thomson Reuters subscribers 2 minutes before the public release time listed on the calendar - early market ...

Cable Update (GBPUSD)

But what if the other shoe ends up someone's ass?

Cable Update (GBPUSD)

Looks like "maybe" a deliberation candle stick forming? url or the three white soldiers? url just need to wait for tomorrows candle stick to see

Cable Update (GBPUSD)

here ya go. one thing I learned many years ago, following an uptrend, or a downtrend, when it slows down, and goes side ways (consolidates) for 4-8 hours or so with a low range, ie, 30-70 pips, it will continue to go in the same direction as before ...

Cable Update (GBPUSD)

ever tried using the Imacd, based on the same, but has it's own histogram. I have a thread in the trading systems on this forum, called: Pivot High / Low System (3x systems in side) check out the Power Trade example.

Cable Update (GBPUSD)

Good luck... personally i think it's too soon if one doesn't already have a long trade in. I'd wait for a box breakout first. ie, 30min chart. top: 1.6983 (3rd Aug 2pm EST) bottom: 1.6910 (3rd Aug 4:30pm EST) Draw a box from the high to the low, ...

Cable Update (GBPUSD)

Nice Doji appearing, these only happen at bottoms and tops of trends - fingers crossed, this puppy will drop big time

Cable Update (GBPUSD)

It would be nice to see these divergences appearing on a lot of currency pairs, to adhere to the rule of divergences and drop, I've probably see about 6 of them today all being ignored.

Cable Update (GBPUSD)

if it breaks 1.7000, I'm moving my SL's up and see if it hits 1.7138

Cable Update (GBPUSD)

You'll need to see a 3rd candle to act as a confirmation for that url be care of it though, use tight stops if you go short on the confirmation candle.

Cable Update (GBPUSD)

You don't want to "buy now", you'll need to wait for another key area to be broken before going in. If you're already in, raise your SL's, book in profits and ride it... We should see some sideways movement for a bit, and a break of 1.7000 should ...

Cable Update (GBPUSD)

fxpro offer just as good too, 0.5 to 0.8 and 1.2, 1.5 as well.

0400-0700 GMT Breakout Strategy

Not here it's not, it's still Thursday 8:29pm EDT

EURUSD

yeah, "Hanging man", but you need to wait for the confirmation before acting off it.

Cable Update (GBPUSD)