Ya know Scrat you are absolutely correct on that, these indicators are not being used correctly and can be profitable but they are bit lagging for instance if we close below 1.9870 there not telling you there’s a high probability of a retrace back ...

Cable Update (GBPUSD)

That’s interesting Ameri I was wondering how you would use a 90% positive correlation .I have had a quick look at GBP-JPY and it looks like its coming up to some tough resistance. Oh my I think we have a possible pin on cable 4 hour might have to ...

Cable Update (GBPUSD)

Actually not necessarily a good time to long, market looking overextended, I would prefer a short for a scalp But im keeping my promise to not enter

Cable Update (GBPUSD)

Hey man that pin last month is bullish,(and that one last march) im thinking this months is more likely to be a hammer but it’s a bit early to say

Cable Update (GBPUSD)

Nav/Salah I have no idea why this is true but if you draw a TL on a 4 hr chart it does not translate well down to a 15 without tweaking, it’s the same whenever you try to get lines from one extreme TF to another. I do feel bad I told you I would ...

Cable Update (GBPUSD)

Well that went well , lol, Hit my weekly target from my post on Sunday and more and attach that same unaltered weekly chart with the highlighted yellow target. There no way I gonna enter again today I feel ive been way to lucky.

Cable Update (GBPUSD)

ok imoved that 4 hr up trend line to the bottom of that new bar ,it was steep ,and put my stoploss under it and set a new buy off the more major up TL 1.9800 is my target then I would look to buy a dip

Cable Update (GBPUSD)

Well im still long from my arrow, price is looking like its going to close on a very steep 4hr trend line which could be enough to send it to 9800 the next real resistance area.4 GMT is the key. With the news thing IMHO sometimes you can not look to ...

Cable Update (GBPUSD)

These news events are not major, so I wouldn’t worry about them to much unless one of them is heavily in focus before the announcement. Ya no price is going on holiday from where it is and where its going, it isn’t taking its SHORTS !

Cable Update (GBPUSD)

Ive brought off this 4 hr rising tl with stop loss just under it,I have found in the past when you get a nice start to a trend with the lower bars giving a believable trend line that these can be reliable.Its a little risky with the resistance just ...

Cable Update (GBPUSD)

Just looking at my weekly and there’s quite a nice triangle there which has the top about where my weekly target is if we had a breakout and close could give nice long term trade and a break and close below 1.9455 would change all that lol

Cable Update (GBPUSD)

Well ive closed one of shorts from the top for profit and moved my stop loss to +4 on the other ,im trying with MM and im still sticking to my original plan im going to tp on my short at 9585 and start my first long there , if it drops further I ...

Cable Update (GBPUSD)

No worries mate really just risking the pips off that spike, im really not bothered, and break of that pin either way could be a good entry

Cable Update (GBPUSD)

might be better to wait for the pin base to be broken

Cable Update (GBPUSD)

well done man there is a good sell here mate ,i closed my longs on that spike,as long as the pin high is not taken out im short for the mo now back to Lost

Cable Update (GBPUSD)

Yea I remember it well I think I said something about how striking it was that price consolidated before next move every time rather than just shooting off. Damn got another week for that monthly close, but really I think its gonna be a hammer, LOL ...

Cable Update (GBPUSD)

Really love your charts man,if we get a hammer that would b the second monthly candle closing bullish in a row ,no?

Cable Update (GBPUSD)

ok Nav I have looked at my charts for divergence and on the hourly well i think it would trump your 15min lets put it that way.

Cable Update (GBPUSD)

Well its good to have confidence Nav ,you may be right I suppose ,lets see,I will wait for close today to start implementing my plan

Cable Update (GBPUSD)

Ok Nav is the divergence on the 15 min chart,cause if it is it may not pay you many pips if it plays out,now if it was on the 4hr or day thats a different story...

Cable Update (GBPUSD)