Long from 16037 — Hi Folks, It's been a while since I've posted. I've changed jobs and now I can have my spreadbet account screen open without having to worry too much about the boss! :-) Since I'm not at home, I don't have my Murrey Math ...

Cable Update (GBPUSD)

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Cable Update (GBPUSD)

Interesting... — My last post : url It looks like the 4H has played out. Previous chart compared to current attached. Murrey Math Lines seem to be working well with the EMAs at the moment. I'm flat but will be looking at the [0/8] Murrey ...

Cable Update (GBPUSD)

More Murrey Math Wackiness... — Well, as I do have a life, I missed the LONG as I'm checking this at 12:30am GMT. Oh well... next potential trade. So 4H price DID bounce off the major [0/8] Murrey Math (Blue) Line @ 1.58691 compared to where ...

Cable Update (GBPUSD)

Shorts on the hourlies (4 and 1) yes. Gonna wait for the retrace to get in short. Longer term, the 2 previous LONG trades (find GlobalMacro) have been off the +1/8 (Yellow Line), characteristically the fast reversal line. If this is tested, IT WILL ...

Cable Update (GBPUSD)

Still Waiting... but Murrey Math says... — Missed out on the short last week when .61133 was broken Still flat. Murrey Math tells me that I should be looking for a buy now as it is hovering around the +[1/8] Mark. I'm a little dubious ...

Cable Update (GBPUSD)

Cheers Digger, it's great to be back!

Cable Update (GBPUSD)

I'm Back... Sort Of — Hiya Folks, Good to be back after a week or so. I am officially a man of leisure (quit job on Monday).... but alas, my MT4 died and took all my wonderful 2010 trades with it (demo still). Oh well.. startin' all over again ...

Cable Update (GBPUSD)

Hey Magix, I like what you're saying. Let me paraphrase to see if I've got it?? Fri and Today has participants in Asia and Europe and the price action has tested the top and bottom range you mentioned. The Americans coming from holiday, will trade ...

Cable Update (GBPUSD)

GM - you Rock! — GM, Again congrats - but also BIG thanks for setting an example last year with your mega-trade from 1.5XX. I remember that so vividly cos you were the first I saw to be technically proficient - but then you really added the ...

Cable Update (GBPUSD)

Congrats GlobalM!

Cable Update (GBPUSD)

My Longs from last night are taking a slight beating, but I'm holding them. In fact, I've just opened another Long @ 1.6378, TP target @ 1.64795 just like the other 2. My daily chart shows 200EMA still providing good support. 4H getting 21EMA ...

Cable Update (GBPUSD)

Yes! Get familiar with the rules for each line as they have price "personalities". Any +/- 1/8 is a danger area which has quick reversals. I used to try and call tops from it, but I don't do that any more. As many have said before MML is not a ...

Cable Update (GBPUSD)

I agree Neo!

Cable Update (GBPUSD)

Hey MauroFX, No worries, mate. There are no stupid questions (that's from a film). Murrey Math is an acquired taste. The first thing MML does is take your current "screen" prices and works out the Max Hi/Lo Range. It then takes that range and ...

Cable Update (GBPUSD)

Malcomb, Magix and I were joking that maybe it's affected by the whole Cadbury takeover.... but honestly.... £11bn enough to swing a currency like this??? Something else is up, but I don't know enough of the real world players/factors (currently ...

Cable Update (GBPUSD)

Good Morning All, I love waking up to Pips! The ride up has been a little different for me in that I've taken every bit of profit each leg up so I can increase my lot size. This was due to a bad mistake on my 2nd trading day of the year, taking out ...

Cable Update (GBPUSD)

Shouldn't a double top be at the top of a range, and not just 2 tops at different stages of a move?

Cable Update (GBPUSD)

Some quick scalping and now I've taken back my losses from last week. Superb. I didn't think my first target would arrive so soon though... didn't plan my trade on that at all. gulp

Cable Update (GBPUSD)