Turv.. Lest my post be misconstrued, I was addressing the criticism that Abuawad was receiving from a poster who appears to consider himself an expert, coming back here to grace us benighted with his vast knowledge and experience.. and doing it at ...

Cable Update (GBPUSD)

I see Abuawad took another "beating" from some posters again in here last night. Surprising to see it from someone who posts opinions on this site like an expert and expects to be taken seriously. Real lack of class. Pros and experts don't need to ...

Cable Update (GBPUSD)

Your question, which is perfectly logical, implies that the market follows a logical track.. most of the time, that's appropriate .. however, the best way to deal with these situations ( news announcements/fed comments etc) is to stay out of the ...

Cable Update (GBPUSD)

Cable's bias was down and was interrupted when Paulson spoke about US and GB cooperating in dealing with the financial markets as well as Paulson's comments on expanding Fed's role. Now back to down bias.

Cable Update (GBPUSD)

Abuawad.. After I configured the 4hr chart per your methodology, I set up a separate 15 minute chart with candlesticks and 5ema, 10ema,20ema,55ema and 200ema only. I then used the crossover of the 5/10 to get me into the trade as price fell back ...

Cable Update (GBPUSD)

What I've been doing is dropping down to the 1 hour candle as soon as the 4 hour shows a break out of the "unknown" zone. It's not uncommon to see several moves up and down in the 1 hour time frame, and I usually don't enter until I see a 1 hour ...

Cable Update (GBPUSD)

Keep them coming Abuawad!! Regarding Abuawad's method.. Thus far, every time I have taken the time to do my own charts per his method and then trade live with them I have turned a profit.. every time thus far. The only problem I have ...

Cable Update (GBPUSD)

By the way.. I missed your birthday.. Happy belated birthday!! Marco

Cable Update (GBPUSD)

Well, I managed to garner another 81 pips on Abuawad's method. Abuawad.. how do you treat the trading on Mondays.. do you use the close on Friday (NYsession) to figure the numbers, or lump in something for Sunday?

Cable Update (GBPUSD)

Abuawad hits targets again, +/- 3 to 4 pips!!! How's that for prognosticating 24 hours ago?! Abuawad..

Cable Update (GBPUSD)

I see that Abuawad's 1st two "up" targets have been reached. Congrats again Abuawad. Seems like you have invented the wheel for us here, but many are attempting to reinvent it, so to speak, by going off in other directions. In any event, ...

Cable Update (GBPUSD)

Still a good day! I shorted at 9820, rode it back up to 9873, with stops above the resistance line just enough to keep from being stopped out and back down to 9790 and got out. I'm still trying to figure out adequate stop loss.. seems like 50-60 ...

Cable Update (GBPUSD)

Abuawad.. how did you fare in this market today?

Cable Update (GBPUSD)

Abuawad.. I join Runway Trade in appreciation. As he said so very well.. "thanks, you teaching us to fish! I will be fore ever grateful. Peace to you and your family."

Cable Update (GBPUSD)

Abuawad.. did you cash out for the day or are you still in?

Cable Update (GBPUSD)

Thank you sir! If I understand this correctly then, when price penetrates the "unknown " zone on the 4 hour chart, one drops down to the 1 hour chart and uses the close of the 1hour candle for possible entry. Certainly if I had used this last night, ...

Cable Update (GBPUSD)

Abuawad.. You must have entered both these trades as price penetrated the "unknown" area and didn't wait for the 4hr candle to close? Also, on your chart for the 1hour, that line that you have underlined in green.. what was it from..ie.. which time ...

Cable Update (GBPUSD)

Abuawad, do you wait until price closes beyond the "unknown" area on the 4hr chart before you enter or just when it penetrates it?

Cable Update (GBPUSD)