@ Huskyboy — I agree with you that price is around that fib on the 50% Let me think about this. Dixy has bounced off a weekly trendline gold is looking like it needs to correct. We have had smaller rejections from 1.5650, creating lower highs. ...

Cable Update (GBPUSD)

Been long and short for a week, not at the same time though. Green pips to all this coming week.

Cable Update (GBPUSD)

Thank you Magix, I dont post where im buying or selling, purely because newer people need to recognise what is happening on the chart rather than blindly follow trades. To be truthful i dont know at what point im going to enter yet. I will see what ...

Cable Update (GBPUSD)

ooooo just seen that — Guys just seen all your charts (egKid,Huskyboy) we have confluence. is price going to test bottom of the bucket ???

Cable Update (GBPUSD)

Magix — I can see a pull back from the open back to the trendline. If the trendline holds which im sure it will, a drop from there which my work out to be start of asian session. break and retest of fridays low around london session (early ...

Cable Update (GBPUSD)

Magix — Magix, Yes, the fact that support is there on the weekly, i have s&r there. matched with your 200 ema on your daily chart. One other thing its 170 odd pips to there ish, thats a good days range. When it get there its not going to have ...

Cable Update (GBPUSD)

[quote=trendspider;4118307] Trendspider, Im in the uk. My broker has several offices round the globe, 1 of them is in the uk. as long as i fill out a withdrawal form before 11am gmt, and put that i wish to have it in my account today. I think they ...

Cable Update (GBPUSD)

[quote=bigwal;4115278]Im selling under this trendline 1.5741 Its been a great week for me intraday trading. Thought i would pop in, its Saturday night and life is good. Placed a withdrawal with my broker 10.50am on friday, 11.10am in my ...

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selling — Im selling under this trendline 1.5741 Lets see aye Warren

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this is what i have been playing — Hi All, See chart. Sold 50% fib last night. Then once i saw the trendline price was forming i followed that down to just about london open, picked up the trendline down there. Have been playing that flag ever ...

Cable Update (GBPUSD)

Thanks Magix, Have been on your thread before, there are so many indi's and templates it just blows me away. What indi's do you currently use ? Warren

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I think i am going to keep and eye on the 200ema and 24sma for crossing and price movement. What else do you currently use Magix ? Just these moving averages on a 5 min chart. Warren

Cable Update (GBPUSD)

Huskyboy, Im trying to get my head round this aswell. Are you saying on daily 550ema is res And on 4hr 550ema is support I can see that price reacts around 200ema and 24sma I really want to take a deeper look at this. I thought that the 600 ema is ...

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I am in agreement if we stay above 1.6 on the close of hourly bar. Slate me if you will

Cable Update (GBPUSD)

LOL — You know i have been trying to suss out what direction it wanted to go today, and blow me down, half way through this up move last hour i pulled a fib..... From 8.00am gmt it was just in retracement, hit the 61.8% fib (red arrow) Then ...

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No

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Your longs are low risk! see ya later Chazzle

Cable Update (GBPUSD)

USD-Bear, Chazzle is ok and like you say we all have different methods. If his method is working for him thats all good. @ Chazzle, sorry if i seemed to pick holes in your method. Good luck to us all, wether we are looking for 10 or 1000 pips. Warren

Cable Update (GBPUSD)

USD-Bear, Re- Chazzle. Thats what im thinking he couldnt be bothered to wait on his shorts. As soon as he bails, it starts to go down..lol Here is what i wish for that Chazzles pending longs get triggered and he pulls his 10 pips or so, and then we ...

Cable Update (GBPUSD)

@ pipwanderer — Hi Pipwander, We are at the botton of a 4hr trendline, we had broken through but res @ 1.5828 is holding it up at the mo. I feel that there is more selling pressure and we will go down, if we have a break of that 1.5828 area. ...

Cable Update (GBPUSD)