bias is down; and then: resistance - it may hold, it may not

Cable Update (GBPUSD)

Don't beat yourself up over it - to my mind this could easily have gone the other way on another day (even now it is testing yesterday's low and could still turn); your analysis was valid and as there was no lower low one had to expect a test of ...

MA Crossover System that works for me

Of course, you may be right, as so often but I am not as optimistic about this as you are: W - bias up, that's correct but the last three candles (up) faced lots of resistance - hardly moving up at all D - bias up, but if I can see it correctly (and ...

MA Crossover System that works for me

If we are talking about GBPUSD here, and about you being a struggling trader... Clearly (you mention MAs) GBPUSD-bias was only down today. If you are a struggling trader the first thing to do is to avoid all countertrend trades until you fully ...

Cable Update (GBPUSD)

And then there was the previous day's low...

Cable Update (GBPUSD)

a) downtrend (LLs & LHs) b) retracement at weekly pivot S3 Why would anyone need London (personification) to understand that?

Cable Update (GBPUSD)

I don't use trailing stops. For better or worse I follow the rule: If in doubt, get out (immediately).

MA Crossover System that works for me

I take it you have precise rules for this particular incident as it will happen (again and again). I only want to make you aware of the real chance that a W-formation could be forming (but probably you can see that anyway).

MA Crossover System that works for me

Could have happened to anyone because this market is still very bullish:

Gold, Daily

I was in it this morning, too, and was surprised that hardly anything happened. You have to zoom out a lot to make it clear - it may come around eventually but I quit with just a few pips +

MA Crossover System that works for me

yes, this is were we are now - somewhat trapped for the time being, albeit on a downward slope

EURUSD Only

depends on the TL and the TL-break....

Cable Update (GBPUSD)

He also played a lot of Martin Guitars (even the occasional Gretsch...) It's always how you look at things - this is what parallax is all about... Some people say trading is about life and death. I assure you, it's much more serious than that. ...

EURUSD only

Don't get angry again - but as I said this morning: it was really up all day (except scalping, of course)

EURUSD only

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Cable Update (GBPUSD)

No offence; simply my thoughts on this: Of course, you are right, you are trading intraday: the only thing - maybe - if higher TFs are bullish one could make a sound case for buying, as the selling side may well be a retracement... But you know all ...

EURUSD only

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EURUSD only

Yet - we are still where we were.

EURUSD only

with these trendlines what can go wrong?

Cable Update (GBPUSD)

Really? Simply look at the weekly Pivot:

EURUSD only