strong support — The 818 support is strong and there is a diagonal support line just under, the bounce up for a quick scalp was a certainty, love these quick stress free trades Tom(uk)

Cable Update (GBPUSD)

catch that trendline bounce — anybody get that, bounce, i took a quick 11 pips Tom(uk)

Cable Update (GBPUSD)

holding — 818 holding, we should have a bit of a bounce up Tom(uk)

Cable Update (GBPUSD)

hi hellofx — i think the 835-818 will hold it may kick up a retrace of 15-20 pips but i think big move over for day, I would favour shorts now, funny week with boe rate decision, but I cant see them cutting again, very rare that boe cut 2 ...

Cable Update (GBPUSD)

might consolidate now — looks like the 1.9835 might hold it, it is very strong support, big if not another strong support is 1.9818, if that goes, then the days low is 1.9808. sorry about the ifs and buts but best to stay way clear of it at ...

Cable Update (GBPUSD)

nxt support — next support at 1.9835, looks strong down breaking all fibo and supports Tom(uk)

Cable Update (GBPUSD)

if it breaks — the 61% fibo is 1.9857, if it breaks that we could be seeing a downer, but strong support at 1.9850 round number, very choppy at min trying to make mind up, no defined direction, a scalpers paradise Tom(uk)

Cable Update (GBPUSD)

50% retrace — bouncing on the fibo 50% retrace, wait for an ib or ob to form and might bounce back up Tom(uk)

Cable Update (GBPUSD)

fibes — according to fibes should retrace to about 1.9890 Tom(uk)

Cable Update (GBPUSD)

Resistance Trendline — Bouncing on a resistance trendline now Tom(uk)

Cable Update (GBPUSD)

A great thread — Great Thread effi and guys, learning so much respect Tom(uk)

A Basic Trading System (BTS)

ema5,10 — Could be a new strategy developing here 15m chart ema5 and 10 ib and ob candlestick set up magic numbers .00, 0.20, 0.50, 0.80 any thoughts guys? Tom(uk)

GBPUSD Magic Number

hi jog — good explanation of your strat will follow progress Would like to know about your candlestick pattern you use? Tom(uk)

GBPUSD Magic Number

another 10 pips — Took another 10 pips around the 1.9900 number, it hit and fell back again Tom(uk)

GBPUSD Magic Number

Thanks Jogtrader — I think its brilliant, really because of the simplicity of it, it is one of those things that because it is so simple, we tend to ignore it or take it for granted. I have been burnt a couple of times but mainly because of my ...

GBPUSD Magic Number

Very Quiet — Its gone very quiet in here lately, hope its not a nother thread coming to an end, maybe the market madness of the last couple of days has effected it Tom(uk)

GBPUSD Magic Number

Great Trade — I gleaned another 24 pips today from gb/us, It does respect those magic numbers respect Tom(uk)

GBPUSD Magic Number

Gb/Us bounce — Just a footnote as we speak, price has bounced off the 1.9650 4 times in the last hour, 4 trades would have given average 40 pips Tom(uk)

GBPUSD Magic Number

Good System — I have been using this for quite sometime now, I disagree with comments earlier in the thread condemming this trading system rather than strategy, one of the most important aspects of trading is knowing when to get in and out and ...

GBPUSD Magic Number

Philip — Yes Phil, I agree, my charts now have the following: 50sma 21ema 10ema Fibos and pivots (v. important) 21 Rsi 21ema on a smangle I have separate charts with 1h and again the 21 rsi, waiting for it to move above or below 50 and 21 and ...

5Min Intraday System