As has been said a million times: Trading is simple, just not easy. Most of the threads here are a mixture of newbies and experienced of one level or another. Don't know what happened to the women newbie on the other thread, but reality is the best ...

Cable Update (GBPUSD)

On a 240min chart, which I don't have the time to post right now, I don't believe we have even seen a wave 4 bottom yet. So we may see the 2.1000 target (or wherever) next week after all. Too soon for me to look for a wave 5 top anyway.

Cable Update (GBPUSD)

Not much at all. On daily chart it was just a short-term pivot and then traded below that point 8/9 months later with only moderate reaction.

Cable Update (GBPUSD)

Not most of the ones on this thread. They make 15 pips and then lose 30. Betting against the trend mostly.

Cable Update (GBPUSD)

Making 15 pips free and clear a trade is bull.... anyway. Cable has moved up 960 pips since mid june so 15 pips/trade = 64 trades, which equates to 64 times to possible be wrong.

Cable Update (GBPUSD)

I thought what todays bar was what were talking about. Since I don't use candles, nevermind then. As far as the uptrend I keep and will keep stressing, it is not wise to look for shorts until there is at least a close below the low 2 bars previous. ...

Cable Update (GBPUSD)

You are talking daily bars right ? If so the bar I see is far from being inverted hammer. If anything it is a bullish engulfing since the body (right now) is bigger than yesterday's. Candlesticks are low on checklist for trade direction. Too ...

Cable Update (GBPUSD)

Last intraday pivot 2.0535 should hold.

Cable Update (GBPUSD)

Late friday afternoon. Shouldn't be much more big movement. If anything it should be to the upside. So doubt an inverted hammer.

Cable Update (GBPUSD)

I'd think barring a tech or overall market meltdown AMD looks good to fill the 2 open gaps from January. Might be tough to get above $20 though. If it does then you might see your target area $25/30. But we are a bit of topic. Good luck.

Cable Update (GBPUSD)

Well what is that based on? Cable has been hugging a 20,2,2 period Bollinger Band the whole way up from late June. Why short now? We haven't even traded under the low from 2 days ago, yet.

Cable Update (GBPUSD)

I hope you bought down close to the $15 range (or below) ? None of my business though.

Cable Update (GBPUSD)

2nd link is coming up as report post. Was it for an outside website? Otherwise it needs editing to correct link to the right page.

Pivot points

I don't follow news, but for those saying BB was talking shit. From MS Money: "Bernanke says there are clearly going to be substantial financial losses (ests. $50-100 bln) linked with subprime problems" What is he supposed to say. No there isn't or ...

Cable Update (GBPUSD)

Only 20,000+ more posts to catch up. ohmmmmmmmm.

Cable Update (GBPUSD)

Krishna is gone to his own thread. Too many non-believers here.

Cable Update (GBPUSD)

O-way, Well, I see strong daily bar support at 2.0200/2.0150 area. Not sure what trendline you are talking about. Sun

Cable Update (GBPUSD)

I know you said probable but a 1400 pips drop probable ?? I am a Dynamic Trader user as well. I hope that is not how you figuring a move of this type might happen.

Cable Update (GBPUSD)

Never heard the hello, oh well. Write soon. BTW What exit ?

Cable Update (GBPUSD)

This little guy is overused a lot, but in this case I couldn't help myself. Comedy hour for sure.

Cable Update (GBPUSD)