Yes just my luck ,I mean that one on the monthly March last year that’s the one I want,lol I do think the amount we’ve had has shown a lot of indecision on this pair ,and the flat longer term emas on the 4hr over the last 3 weeks.

Cable Update (GBPUSD)

Well just about anyone who is anyone has said down so I suppose that has to be correct buddy! I would agree with your tp too

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Thanks man I do know about james 16 im on page 40 Actually if you look closely you will see im a fan. I know how to spot a pin and trade it in fact it is at the core of my trading plan. I just look at my daily, weekly and monthly and see loads of ...

Cable Update (GBPUSD)

Well in a nutshell Mike I see the US lowering rates further whilst UK reduces by very small amount in comparison . I see the US in trouble on the Job front and housing and as of yet I do not see this in the UK. Though I do see the argument that they ...

Cable Update (GBPUSD)

I would say the thing that makes me question the recent bearish pins is they don’t fit my fundamental views ,lol I suppose these are newly formed as are my Forex trading

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It going great Mike and I appreciate your take on it I must admit I’ve been a little confused with all these pins as the whole pin thing is new to me as you know.

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Are we back on the 101 subject, do you come here to show your superiority… Cant you just come to help

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Actually we are not agonizing over direction only discussing possible set up if XYZ happens as you are in your post

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Just looking ay my fibo veiw from last week

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My Monthly — Trend seems to be holding

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Ok buddy, no probs, I’m not short or long at mo as my fundamental view says up but charts says down ,lol I know what you mean about overcomplicating things . You are correct on the time frame thing as plans should come from the larger timeframes and ...

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No no im not arguing ,just discussing,I would like to see bullish movements

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Would you explain your line of thinking on the chart my friend

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Myteax if your trading the 4 hour how can you say the trend is up? Its in a small up channel within a larger down move. If anything according to the 200 and 365 ema it is flat as these emas are converged and flat and have been for some time.

Cable Update (GBPUSD)

In my opinion you must be armed with important numbers for the week to make decisions for that week and actually without Sundays data a long dose not look good.

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Ok Myteax maybe you could give a chart as to why you are so sure up is the direction?

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Ok here’s an unbiased weekly view

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Ya know I have put a bullish point of view across but overall the charts are bearish its just I can not see why in my mind, but of course the charts will be right just need Sunday to confirm. I am ready to sell if price action dictates.

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I mean Im thinking the eur-usd is still in bull mode after that correction.

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Thanks Ameri, I will tread carefully for me to have the bullish view I need a positive weekly close say above around 1.9974.So if it opens and drops like a stone I would be wrong and selling. I mean you have said it , these are bad figures for the ...

Cable Update (GBPUSD)