Still in triangle looks like its breaking bottom though not sure what time frame that is?

Cable Update (GBPUSD)

its so slow im falling asleep

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looking for a rejection here if not im out

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Hay makes intresting reading -pretty much agree with you we are at the bottom of the weekly up.I have got a short term punt to the downside but have my stoploss at break even.I would like to get out of this downchannel to go long.

Cable Update (GBPUSD)

Hope your right

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down cable down to 1.9758 please

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I have decide to close my long at 1.9820 .We are in a short term down trend channel. The fib expansion of the latest move down gave me my exit which is also a fib retracement level. At this stage I would rather wait until the break of 1.9960 to ...

Cable Update (GBPUSD)

Thanks Designer I’m really not up to QS standard mate I have only been trading for 18 months. I have found spending time doing posts have made me think more about my strategies and really recommend anyone to give us there analysis on a graph. It ...

Cable Update (GBPUSD)

Looks like it held im in long

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im actually hoping it will stop down move at 1.9794

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I agree still looking for confirmation but would like long

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I think we might be getting a breakout

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Man alive mate next time you place an order let me know so I can go opposite. I think its going up but would like to buy a dip from here .My lower trend line could be broken so I would like it tested again. My only advise would be is try not to ...

Cable Update (GBPUSD)

I am really not an expert mate but what I look for depending on the time frame I am trading is the last 2 biggest moves up and down. I apply the fibs to them the down can predict the up and up down. The fib expansion only works as far as I know ...

Cable Update (GBPUSD)

Looks like my prediction from Monday of a bounce from the gold line was correct it stopped at 1.9785 almost exactly on the fib before it on H1 If I zoom out to the daily that exact same gold line has held the daily candle to the dot. I have not ...

Cable Update (GBPUSD)

All this talk of larger time frames I have looked at my Monthly Chart which I do not tend to study in any great detail. Once again the fibs have left me amazed. I plotted my major red channel. I had to put the lower line from the very bottom candle ...

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Thanks for advice I do flick beteen time frames just fine tune on 5min my H1 screen shot was posted yesturday

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I have developing a trading style with channels and fibs and have been totally won over by them. You say the market can not be predicted but how do you explain the following. Yesterday 1) By about 10am I got my red channel from my 4 hr chart tweaked ...

Cable Update (GBPUSD)

Hi I think its ready to stop.I would look for longs until the break of fib 1.9750 (as below) which happens to be about the recent swing low . I would prefer to go long just off long term gold up trend line from April 06 to say Fibo 1.9974 with stop ...

Cable Update (GBPUSD)

I would not short yet — Hi Designer 1 I know what it feels like to loose but had a I good day today. I sold from the 2.0090 area for 100 pips.Wish I had stayed short longer though. On the Weekly I make the next move up unless lower trend line ...

Cable Update (GBPUSD)