For those needing the Auto Pivot Indy.

Cable Update (GBPUSD)

theres that LTL 2 being tested here.. see this is kinda messed up.. cuz we have like 3 LTL's on this lower channel wall.. lots of sketched people basically taking profit or getting stopped all over the place here..

Cable Update (GBPUSD)

Heres what im seeing. On the 4h chart blow it out abit and look at some data for the last 2 month. This price action looks like the same ascending wedge it been doing right before it breaks lower. Plunges, consolidates, ascending wedge, plunge. ...

Cable Update (GBPUSD)

Well lately on gu you have to use the monthly to even find the next level of support if your anticipating another break down.. But auto pivots the same on all charts.. I just like to blow out the price and have a look at some history once in awhile. ...

Cable Update (GBPUSD)

prob for a few more hours that will play. if/when that LTL pops though its going to dip hard.. I think the price is just jackin around before another huge move down personally.. I'll watch either way and get some long or short hopefully.. who knows ...

Cable Update (GBPUSD)

I use pivots and MA's and let the price action show entries... I keep it very simple. I trade only gu. entry charts are 1m, 5m, and 15m, trend charts are 1h, 4h, ... profit target charts are daily and monthly.

Cable Update (GBPUSD)

By not getting tsunami'd by the 15% of the trades that went bad. AKA: riding winners, cutting losers.

Cable Update (GBPUSD)

yes.

Cable Update (GBPUSD)

If it does indeed choose to break down through 4850: well 4786 will be the next little bounce .. back to 4850 perhaps .. then if it retests and breaks that .. 4700 will be a potential bounce area and if it breaks that .. then 4650 .. then MY TARGET ...

Cable Update (GBPUSD)

I'm sure as hell not buying it. I'll wait for shorts.

Cable Update (GBPUSD)

lol gov't had to of been pumping money into stocks till the close.. too funny.. that price action was insane..

Cable Update (GBPUSD)

bah im taking profit here.. dow looks like it could rip.. who knows.. i want my money!

Cable Update (GBPUSD)

70 and sunny

Cable Update (GBPUSD)

get a pillow .. im still holding short from 1.5 though.. I want 1.4595

Cable Update (GBPUSD)

Dow lightly pierced the low and bounced.. if it rallies here.. gu will go up again.. needs to crash more. Gu needs to get through this LTL

Cable Update (GBPUSD)

ok we need dow to make new lows for you then.

Cable Update (GBPUSD)

where are you short at again?

Cable Update (GBPUSD)

dow needs to sell off more.. gu needs a reason to tank.. if it does.. it will be a very sudden move down

Cable Update (GBPUSD)

not since july. however at any time that could end. Hope its not today.. im short from 1.5

Cable Update (GBPUSD)

here we goo dow selling off .. come on gu wake up!

Cable Update (GBPUSD)