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- Sutts replied Sep 15, 2010
I guess you mean the third wave was complete and a deeper retrace was to be expected. Perhaps I should pay more attention to wave counting. Cheers
Cable Update (GBPUSD)
- Sutts replied Sep 15, 2010
Thanks Gleneagles. I can see how that big bearish engulfing bar set the downward momentum off but I thought that momentum was waning as the bars got smaller and we ended on that pin bar just above support and the 38.2 fib. You had the confidence to ...
Cable Update (GBPUSD)
- Sutts replied Sep 15, 2010
Hi Gleneagles, Would you mind telling me the reasons for that second dustbin trade please? (the short). Was it the dark cloud cover on the M15/M30, the fact that we were in the Frankie reversal zone or something else? Of course I went long here LOL. ...
Cable Update (GBPUSD)
- Sutts replied Sep 14, 2010
Thanks Magix, I think trading choppy waters has been my downfall recently. I just don't know when to stop taking my setups. Good example is today. I traded from London open through to 1.5 hours ago and came out slightly negative. Now I come back to ...
Cable Update (GBPUSD)
- Sutts replied Sep 14, 2010
How do you calculate your buy and sell areas Magix. Are they based around the DP? Would also appreciate an explanation of double hull if you get the time. Thanks!
Cable Update (GBPUSD)
- Sutts replied Sep 14, 2010
Sorry to hear that pawpaw. I enjoy reading your posts, please keep it up. I've found it very difficult to make money today. None of my entries have gone anywhere. Unfortunately I missed the nice EU fall because I don't trade before the news.
Cable Update (GBPUSD)
- Sutts replied Sep 14, 2010
Do you buy on the break or wait for a M15 close above the range pawpaw? Whenever I buy a break without confirmation I always get hammered. Don't know how you guys do it!
Cable Update (GBPUSD)
- Sutts replied Sep 13, 2010
Thanks for the explanation Cloggie. I was expecting EU and GU to really go for it when I saw the oil and stocks break out like that. Any idea why things are so hesitant? Is it generally a sound strategy to buy GU and EU (on dips say) when stocks and ...
Cable Update (GBPUSD)
- Sutts replied Sep 13, 2010
Sorry, would you mind highlighting the pattern you're referring to here please? I was watching a Gartley that failed to reach its D point on Friday and the latest up turn has come from that exact same D point (78.6). I guess my question is ...
Cable Update (GBPUSD)
- Sutts replied Sep 12, 2010
Thanks for the help Domino, that's great.

Domino's Price and order flow trading
- Sutts replied Sep 10, 2010
I think it's safe to say I need them. LOL Hope to catch you all Monday. See ya
Cable Update (GBPUSD)
- Sutts replied Sep 10, 2010
Very impressive. I do feel completely inadequate though...it could take years to anticipate stuff like that. As for today, I've met my daily loss quota so I think I should quit for the day! Thanks for the help today. I hope to follow in pawpaw's ...
Cable Update (GBPUSD)
- Sutts replied Sep 10, 2010
Nice prediction - is 5380-5411 your NY opening range? The reason I ask is because my openning range is way off! I use 08:00-09:00 NY time which gives me a range of 1.54537-1.53923. Have I got the times wrong?
Cable Update (GBPUSD)
- Sutts replied Sep 10, 2010
Stocks and oil breaking lower now while uCAD and Dix soars. Hoping for a break below the NY range.
Cable Update (GBPUSD)