I would wait with shorts.... IMHO.

Cable Update (GBPUSD)

You have missed the point. I have posted a LONG TERM chart.

Cable Update (GBPUSD)

The other thing. I am not a newbie who makes calls out of the blue based on nothing.... I analyse tons of variables. Have a nice day.

Cable Update (GBPUSD)

The one above. It just took time to prepare the graph.

Cable Update (GBPUSD)

Basically the bounce backs from the trendline are weaker and weaker....

Cable Update (GBPUSD)

I might not very popular with this. But i think we will have a rebound to about 1.9550 then down to the trendline. Then the GU might tank to the big hole...

Cable Update (GBPUSD)

Unfortunatly I am not an EA expert as I never use them. Like to do things manually. Hope others can help.

Daily95pips

Yes. very good point. I am actually working on a system where every day we can determine with a certain probability the direction of the next bar ie price action. The lower low, higher low is the first element and this could be next ie inbar/outbar. ...

Simplest system ever

A clear sky and the stars are going to be visible.

Cable Update (GBPUSD)

Update — What would happen if 1. Instead of using stop losses we would simply hedge. 2. Instead of using only one turn we would turn 2-3 or as many times as the market turns. This would help to avoid days when the sl/reversal is hit then to ...

Simplest system ever

I have been toying with Fibo based TPs that is calculated based on the previous days range. Well we will see.

Daily95pips

Hi there. I thought I am going to come back to this thread and continue to help it with research, analysis and so on.

Daily95pips

I am going to post from today every day the positions and the cumulative p/l. We will see how it goes.

Simplest system ever

Good question. I was thinking initially just to continue everyday as it is. Except that if the new day has the same signal as the old day I would leave the remaining positions as they are and pull the SL to BE or to the SL of the new day. Something ...

Simplest system ever

True, basically I do not care what FOMC says, does etc as I am relying 90% of the time on pure technicals. I was just curious what other say/think about.

Cable Update (GBPUSD)

In a few hours we will have an FOMC meeting. Further surprises? GU tanks or lifts?

Cable Update (GBPUSD)

Gotcha... And these rules valid until further notice. Variations. bad US news - buy the GBP bad US news - sell the GBP bad US news - huge spike (bear/bull trap) just to continue in the reverse. Basically like my wife. You never know the reactio. My ...

Cable Update (GBPUSD)

You should have posted this earlier so I make twice as much.... Damn.

Cable Update (GBPUSD)

The quickest and largest money I have ever made...

Cable Update (GBPUSD)