Wow! Thanks for that chart analysis! I must admit that I frequently put different indicators on my charts, but I really don't know how to properly use them. Your explanation of the MACD was very informative. Now I know something to look for on my ...

Daily Cable Analysis

I have a question — Posts from earlier today stated that the candle formations from a 4-hour chart "trump" the candle formations on a one-hour chart and that the monthly chart trumps the daily and weekly charts. I guess I am a victim of ...

Daily Cable Analysis

It's certainly going nowhere fast.

Daily Cable Analysis

Actually, the New York market opened 45 minutes ago.

Daily Cable Analysis

Gbp/jpy — Itme: Thanks for taking the time to post your trade experiments! I have found them to be a very useful tool for validating (or not!) my own trading system. I am wondering if you have a hypothesis regarding the GBP/JPY. It seems to ...

Low Risk, High Reward Trading Experiment

This really makes me wonder who is bidding so heavily at 1.9739. It's like a brick wall. 30 seconds later: okay, maybe a crack in the wall finally.

Daily Cable Analysis

Long or short? and why?

Daily Cable Analysis

Could you please elaborate on what those signs might be? Thank you.

Daily Cable Analysis

The GBY/JPY is currently making new highs and the EUR/GBP is smashing through its low, but the GBP/USD is doing absolutely nothing. Interesting.

Daily Cable Analysis

It was also an "inside day" candle. A really tight range for such a volatile pair. I believe this signifies a lot of indecision in the market. As you said, we'll find out next week!

Daily Cable Analysis

"Frankfurt/London"

Daily Cable Analysis

The slow stochs and RSI on my 30 minute charts are both rolling over to the downside now. Looks like a retrace is underway.

Daily Cable Analysis

I believe the idea is to enter the trade (if you choose to) IF it gets up to 1.9760.

Low Risk, High Reward Trading Experiment

I went short at 1.9690 in anticipation of the Londoners finally giving up on the top side and going home.

Daily Cable Analysis

It reminds me of the movie "Groundhog Day."

Daily Cable Analysis

The logic is that it is my pet peeve to see so many people misuse the English language. I could add more, but I decided to leave it for now. Thanks for your comment.

Daily Cable Analysis

I think you guys are nailing the lid on the coffin of this thread. If you want to post pointless bickering, please do so on the "Cable Update" thread so the rest of us don't have to read it. Thanks.

Daily Cable Analysis

Earlier there were 14 total; 12 members and 2 guests. But only 11 names were listed.

Elliot Wave Trading

Read the post right above yours.

Cable Update (GBPUSD)

We can probably all figure this out for ourselves by looking at the target price, stop price, and the risk and reward total pips. Add 125 pips (plus spread) to 1.9321 and you arrive at the target price. Add 125 pips to 1.9421 and you do not arrive ...

Low Risk, High Reward Trading Experiment