I've been in that position several times wm, it feels bad but you do eventually get out of it. You might have to change your technique however (with the new information you've learned). In any case if your business is doing well, I'd focus on that ...

Cable, candles and divergence signals

anyone still trading after 10 years is an immediate friend of mine

Trade what you see NOT what you expect

clear short this morning -- shooting star and bearish divergence. The long 45m later was quite straight forward too

Cable, candles and divergence signals

what I see right now on the 1h is a 3 bearish down which failed to close sufficiently beneath the first red. In the past such a failure often results in a reversal with other signals to confirm further. Looking to see if this inchoate 15m trendline ...

Trade what you see NOT what you expect

wm how is it going? We seem to be at a critical area -- currencies, commodities and indices all lining up, all at critical areas or showing divergence pretty much. Perhaps a reversal/significant retracement finally. In any case I think we could push ...

Cable, candles and divergence signals

open 16991 close 16965.2 no problem

Trade what you see NOT what you expect

4h just closed I still have some nice positive divergence on 15m though 698x obviously remains another selling area

Trade what you see NOT what you expect

also with positive divergence on 15m it's a buy for many traders (after the last candle)

Trade what you see NOT what you expect

shampoo on 15m perhaps...

Trade what you see NOT what you expect

thanks Ken, it looks interesting.

Trade what you see NOT what you expect

are you sure you have the 62 set as an eMA? Mine is 6860 and this is a couple hours later than when you posted

Trade what you see NOT what you expect

the official rate at 20% What on earth would the "unofficial" rate at be then? People like Faber already claim the unofficial rate is around 16%!

Trade what you see NOT what you expect

this is the 1h channel that I've drawn in now that we've passed up out of the previous month-long channel. Target would be around 1.7030-40 I suppose

Cable, candles and divergence signals

I'm sorry to hear that wm. Believe me I've had enough of my own frustrations with cable these past 2 months. Ranges are sometimes difficult to navigate, you have to be quite aggressive if you want to sell, and only at the top usually. I don't see ...

Cable, candles and divergence signals

typical of the fake-out down thrust before a sharp move higher. Positive divergence and shaved bottom candle, 15m.

Cable, candles and divergence signals

In spite of the push higher on Friday and the new yearly high, we're still within the July-long channel

Cable, candles and divergence signals

I hope it wasn't too bad on Friday. I haven't had the best summer so far but I think things will improve going into autumn. I agree with James Saettele's analysis on DailyFX (link below) that we'll see one more push higher to around 1.70, maybe ...

Cable, candles and divergence signals

I did not take this but it was there to be taken. One has to pay attention though and act very quickly. Such quick action is something that most people are not comfortable with. But that is the secret of Forex -- once you have a clear, proven ...

Cable, candles and divergence signals

just wondering, why short at 680? What resistance do you guys see?

Trade what you see NOT what you expect