Forgot to mention if you wait for both to cross you should be OK with 25-30 pip stop. 15 min chart also works well.

:: Cable (GBPUSD) Trend Trading ::

If I may be so bold as to make a suggestion — Make a million 100 pips is also way too big for me. If you can be in front of your computer and you like the general areas that WOW calls a trade on consider: Loading (like the Daily Fozzy) the 8 ...

:: Cable (GBPUSD) Trend Trading ::

WOW - I consider myself also told — Despite the above which suggested some difficultly in going lower I wasn't in today, well and truely head faked. Another thread - brxxt's - was also suggesting some support around .9980. I wasn't in front of ...

:: Cable (GBPUSD) Trend Trading ::

Another good trade, a good chance to put your stop in a profit and see what the int rate decision brings. Well done I'm becoming a believer! Best wishes as always!!

My Path To Financial Freedom

Hey you never know you may still be OK with these. Its almost time for lunch.

:: Cable (GBPUSD) Trend Trading ::

If it gets down there great but ahead of the interest statement today who knows. US economic numbers have been sliding and I see on the FF news section an article titled UK April permanent wage inflation highest in ........ So little pressure on US ...

:: Cable (GBPUSD) Trend Trading ::

An interesting morning the London open head fake has me well faked out. My 4 hr stoch is in the basement and turned up, we have since 13.45 yesterday 2 slightly higher lows. The trendline from that time gives support at .9890 so if it holds or ...

:: Cable (GBPUSD) Trend Trading ::

Struggling to stay above the central pivot point which is .9916 on my charts.

:: Cable (GBPUSD) Trend Trading ::

Nah, day job - sales manager for smallish specialised company within a major South African banking group. Part time co-owner of a property development company and (after almost 2 and a half years) major wannabe full time currency trader who has ...

:: Cable (GBPUSD) Trend Trading ::

If price does hit 1.9850 then we could easily see Why oh Why's .9815 but the thing is cable just loves to go 15-20 pips the other side of a round number so we could easily see .9780 before a turn. If, could, should!! A retest of .9885 and run up ...

:: Cable (GBPUSD) Trend Trading ::

Looks like 1.9850 is also a very important level going back to 1 Dec 2006, the 200 ema comes in around this level on 4 hr chart also. A turn up here at 1.9898 would be nice for the right shoulder of an inverted H + S on 4 hr??

:: Cable (GBPUSD) Trend Trading ::

In a market with small ranges as of late the first areas seem to be working well. It will be interesting in time when more normal trade ranges occur to see where the best levels will be to enter.

My Path To Financial Freedom

By yesterdays standards that was a great trade.

My Path To Financial Freedom

Heck at this stage if I could get in front of a computer with software working I'd be happy with that at this stage, lots of problems in the last two weeks. Anyway hiho hiho its off to work we go ............................

Can I make 40% per month consistently

Looking forward to following your views a lot closer from here, cheers have a good 'un!

:: Cable (GBPUSD) Trend Trading ::

Hi brxxt 3 weeks is not long but its certainly a very good start! Is it going to be your policy to trade in front of big news days/times? Cheers PS I'll be listening to that webcast in 15 mins, so far I am very impressed with their software. Will ...

My Path To Financial Freedom

Hi Dopey I'll be quite honest and say I don't understand Tom de Mark at the best of times. He does have the best way to draw trendlines though. fx11 it looks like this 12, 26, 9 FX5 indicator is the MACD histogram without the MACD lines. If you can ...

Divergence trading

Look forward to it, itme also likes Felix a lot for discussions of the news and its effect on price.

:: Cable (GBPUSD) Trend Trading ::

Just wondering if these levels are influenced at all by Felix? Oh yes and I'm also in South Africa. You'll love it I'm sure when you get a chance to visit.

:: Cable (GBPUSD) Trend Trading ::

Nice trade, 10 out of 10. Good luck with the quizzes, cheers.

My Path To Financial Freedom