Be careful mate...On 4h chart, 100 EMA was tested 8 times in last 3 days . It's way too much by my opinion and is meter of time when it will be broken by my opinion. Also, on 4 hour chart, it's clear that we can see lower highs...I am still holding ...

Cable Update (GBPUSD)

Hi Guys I am short, with entry on 1.5248, my SL is on 1.5371 and TP on 1.5099 It seems that yet again, I jump my gun too early, and I am now -30 points and waiting....me and my entries....buh... Let's see

Cable Update (GBPUSD)

Thanks for the advice mate...I already did that. My strategy is based on S/R levels on daily line chart, but I have problems with timing my entries. I usually manage to predict the direction, TIMING is my biggest problems, and I am searching the way ...

Cable Update (GBPUSD)

If the price drop down until 1.5104 level, I might give it a try...but not now. Even the price is now slightly above the 100 EMA which give the opportunity for low risk entry, I would not dare to enter right now. As I said in my previous posts, I ...

Cable Update (GBPUSD)

Thanks man...I really need help with my entries. Things are that bad, that I am thinking to start to fade my self... The only thing that keep works for me at the moment is that I draw S/R lines on daily line chart, and that help me up to some ...

Cable Update (GBPUSD)

Not really actually. My account is in deep red. I have terrible problems with my patience and my entries.

Cable Update (GBPUSD)

It seems that price will continue to the downside, but I am not thinking about re-entry...Now I am watching my CAD/JPY short...

Cable Update (GBPUSD)

Still holding my short position, but price doesn't seem to go anywhere at the moment. If it come down to 1.5230 I will move the SL on Break Even so I can have free ride. Time for more coffee...

Cable Update (GBPUSD)

Well, I went short. My entry is on 1.5272, SL on 1.5328, and TP on 1.5201 It seems to me that price will test yet again the 100 EMA on 4h chart. That test should bring me about 70 pips... Let's see...

Cable Update (GBPUSD)

Well, let the dust settle first and we will see later how the things will develop. Going to re fill my cup of coffee. damonl, thanks for introducing me this thread.Nice company here..

Cable Update (GBPUSD)

WTF was this????

Cable Update (GBPUSD)

Nice one Purple. I can't see any support until 1.2669 where it will meet the 100 EMA. (4h chart) After checking S/R on daily line chart, I couldn't find better place than 1.2936 for my SL Damonl, thanks for the advice to watch this thread. I ...

Cable Update (GBPUSD)

I would like to know if anyone still use this trading system? I read the whole thread, and I start to use it on my demo account. Even I make small modifications, this system show positive results so far. So I was just curios to know if the author of ...

Inside Bar Trading Technique

Hi Everyone Watching the pair (EUR/USD) on hourly chart, I notice bearish divergence on hourly chart on stochastic (14,3,3) Anyone else can check it or is just me? Anyone who trade divergence on stochastic can post his opinion here? Sorry, but I am ...

EURUSD

When I realize that with proper money management, I can have less than 50% accuracy, and still lose small, and that with just 50% I am profitable. Not that trading is plain sailing since then, but still...

AHA moments in your trading career

Well, this is definitely good rule to have it on the list. Why I don't have it on my list? Here is the explanation: I place rules to solve problems that I have in my trading. I don't have problem with the risk & reward ratio. I have problem with my ...

what gives you an edge?

Hi oneuniverse I try to leave the take profit level open, but it didn't worked for me. Price retrace, and I tend to get out on the worst possible place. Somehow it is against my character I guess. I like consistency better. I prefer SL and TP to be ...

what gives you an edge?

Hi Marrethiel You are right about this. I didn't include it in my list, because I solved that problem in my trading earlier. Those who did not, it may add it as rule no.4 Regards, Zoreli

what gives you an edge?

Thessaloniki, Greece is also great place to trade from. Tax office don't even know what is Forex. They are making some changes in the tax system now, and we will see if they will start to tax the trading. London & New York session can be traded ...

Best place in the world to trade from?