Exactly. Any good today libb? I'm struggling to catch anything everything retraces so quickly as volumes are thin. Only quick in and outs are working.

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I was looking for longs here but there was only a quick 30 pip scalp to be had.

Cable Update (GBPUSD)

Long — I will be looking for longs from 15277-15257 Support 4H TL Daily Fib 38.2 Have fun!

Cable Update (GBPUSD)

There's a link in what you said, the absence of these people is likely to be that they know it is hard work this time of year when volume is low and volatility high.

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Cable Longs? — I will be looking to go long from around 15277-15257 Support Convergence of 4H TL Daily 38.2 Fib Any comments welcome.

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AUDJPY — This pair has been in a pennant for a while now. Talk of JPY currency intervention caused the spike earlier. Will it ultimately break the TL or dive back down again?

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While I'm looking at my levels someone threw a match in the firework box again! Anyway I couldn't ask for a better break out and retrace than this - I only wish I was in it.

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I've been trying to drum up some momentum in here but end up feeling as though I'm talking too much when others don't chip in. The time of year and recent volatility seems to be shaking people's confidence recently. The new year might have a bit ...

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I have neglected the Kiwi recently so I don't have a chart to post but look at the daily chart there's a nice trend line cutting around 6032 that everyone will see. Alternatively try a Fib retracement - there is a level around 6080-6180. It depends ...

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USDCHF — USDCHF Potential retrace from 10700 area coming up soon. ETA: Although you could argue that the earlier retrace within 50pips of this level may have reduced the number of buyers.

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That's how I read it libb.

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Eu has been tense but fun. Great journal, did you get my email? Perhaps we could have a chat in the New Year? Have a good holiday.

steelhead trade journal

Hi Cliff I wouldn't have picked that one up, however I do log in and sometimes have a quick punt before I've really assessed the situation, if something looks really good. These are very low risk moves though for a max 40pips. I don't mind anyone ...

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USDJPY — Just in case anyone hasn't got them the next support I can find for USDJPY is around 8470 and 7970 back in 1995!

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Thanks for sharing those they tie in pretty closely to my charts except USDJPY where I have noted the recent low of 8827 as there is nothing else down there. More posts like this from everyone please! I find it helps build confidence in my own s/r ...

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You haven't driven everyone away. I'm getting back to basics with Sam videos before I declutter my charts later. Thanks for interesting comments above.

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For hitting your target of 12500, and to balance out the one for impatience yesterday.

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AUDJPY — Expecting a retrace from 6149 as pair has just broken through 6099. 6149 is also 78.6% Fib which is not shown on this chart.

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But have another for honesty. Whereas I'm suffering from indecision... or am I?

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Exactly. Also was it BRV that said daily pip targets are not so good for your confidence? Weekly or monthly targets give me a little more breathing room. i.e. sometimes I don't hit my weekly target until day 4 or 5 but I don't worry too much because ...

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