Hey Abuawad, have you ever read The Logical Trader ‘Applying The Method To The Madness’ If you have not maybe you should I think you would find it interesting

Cable Update (GBPUSD)

well I was thinking get off that TF your goning to get burned

Cable Update (GBPUSD)

oh baby if she breaks this resistance,lol

Cable Update (GBPUSD)

The reason I am not seeing to big a retrace is that daily fib fan, price closed through it and has now tested it I am targeting 1.9744 ,forget stoch’s they don’t work If she retraces im expecting 1.9572 to hold.

Cable Update (GBPUSD)

I do not use RSI but if its in overbought you look to wait for it to fall out of there back down through 70 for a sell or divergence. It can be in overbought for some time in a strong trend. Thanks for your charts again Carrera ,I am thinking plan 2 ...

Cable Update (GBPUSD)

Hey guys I know what you saying about a retrace here but I really think she wants to break now, is that wishful thinking, lol Anyways I going wait for close though I must admit I am shattered myself

Cable Update (GBPUSD)

Surely it can t hold again, its got to break this time

Cable Update (GBPUSD)

It is a good question if your scalping, I really want a long term trade under my belt, don’t worry I have closed some position out already

Cable Update (GBPUSD)

Personally I am looking for a close over or through that 38.2 daily down fib fan as Big Wave Rider pointed out earlier today ,to proceed with my long

Cable Update (GBPUSD)

Well done Mikey,you did good man,even though you never had much sleep,lol

Cable Update (GBPUSD)

Thanks for that info,its very intresting

Cable Update (GBPUSD)

I got that fan on my chart now Just wondered if you could help me further Is the position of the lower handle on the daily fan on the bottom of the bearish bar or the open of the bullish bar.

Cable Update (GBPUSD)

Hey thanks for the heads up on that ,ive had that weekly fan for a while but not the daily down

Cable Update (GBPUSD)

well my 1.9450 buy just got tripped ,were still in triangle and that is what im trading,looking for break to the upside for a whole lot of reasons.Gonna keep stop tight though under these conditions.My MA's do not agree with the trade.

Cable Update (GBPUSD)

Well i dont know about that,when we were near the top a few weeks ago you could see a fall and it did ,today you have seen a possible rise,but mabe you are a little early both times,im still waiting for price to touch my rising trendline and will ...

Cable Update (GBPUSD)

On the daily price is running out of space to move being squeezed into a directional move me thinks

Cable Update (GBPUSD)

Im with you Acid just waiting for the third bounce as pointed out here,as long as last months low holds i just have to think long ,lol,but mabe we are just going forward ,not really up ,or down

Cable Update (GBPUSD)

Ameri is thinking a bit more long term than most here , market should turn, only after such a fall needs time, in my opinion he is a true contraian We just dont need anymore Northern Rock Scandals LOL Otherwise I can see plenty of told you so's ...

Cable Update (GBPUSD)

Consolidation After huge fall from top,Range bound — Consolidation in triangle waiting for breakout,i think to the upside but am open minded.

Cable Update (GBPUSD)

yes sounds good i have a cheeky buy right there Mikey

Cable Update (GBPUSD)