Believe tomorrow is only 1st day of a two day meeting. Announcement on thurs aft. Edit: I lost a day somewhere, today is weds so tomorrow is announcement day

Cable Update (GBPUSD)

Is that the 4h bar for the 5am to 9am (est) timeframe because if it is I have a low of 1.9963 which is close to the previous bars low of 1.9955 If that is the case, don't believe it then is a pinbar. Moot point now I guess since many bars have ...

Cable Update (GBPUSD)

If you are looking at fibs (or anything else for that matter) on a daily chart, then you have to wait for the daily chart to close to form an opinion. Just my opinion, anyways.

Cable Update (GBPUSD)

What the h... does this mean.

Cable Update (GBPUSD)

Sixth attempt ???? If you are referring to 4/18-4/25/07 period and now. There was six days in a row back then which closed greater than 2.0000

Cable Update (GBPUSD)

There is no apologies in trading only opinions. You are entitled to yours. Thinking out loud is ok too. Just there seems to be a lot of opinions on the market going this way and that and then turning at some point. Best to wait for it to get to a ...

Cable Update (GBPUSD)

I try to figure one direction before I worry about the next move.

Cable Update (GBPUSD)

I am not aware of how the terms going long or short came about, but if you think about it a market can only go so low or short (i.e. zero "0") but the sky is the limit on the buy side or long. Naturally this applies to any tradable market - not just ...

Why is GBPUSD called cable?

If reaching 2.0005 is not reaching 2.0000 then OK, otherwise huh!

Cable Update (GBPUSD)

So long as Chairman Mr B. and the rest of the fed boys don't screw up weds and thurs, it might be nice.

Cable Update (GBPUSD)

And what country is that?

Cable Update (GBPUSD)

There is no good way to catch 10 pips safely. Every time you put a trade on, your money is at risk. Without proper risk and trade management, failure is inevitable. You need to find a strategy that works for you and that you can stay disciplined to, ...

Just 10 Pips !!!

And some hard liquor wouldn't hurt too.

Cable Update (GBPUSD)

Hadn't seen that thread before. Think it was a jackass and not a horse he fell off. Or maybe the other way around.

Cable Update (GBPUSD)

We are into summer time dulldrums trading.

Cable Update (GBPUSD)

Well if you are talking about the 100am thurs bar ? you don't mention time. TradeStation shows OHLC as 1.3387 / 1.3397 / 1.3384 / 1.3392 But even if the open and close were near to each other the bar does not extend beyond the previous bar's lows. ...

Cable Update (GBPUSD)

No pin bar on EURUSD 4hr. Open and close need to be near same end of the bar. Don't see it. Closest to a pin bar was the bar @ 100am est on weds although it stood out from previous bars, the next bar (500am est) wound up trading up into most of the ...

Cable Update (GBPUSD)

I am very sceptical of this trendline break. Mainly because it has been 4 strong days up in a row. Pullback of even a minor amount is due. 1.9936 is 61.8% move (2.0131 - 1.9621) 1.9964 is previous swing high 1.9929 & 1.9948 levels are Tom DeMark TD ...

Cable Update (GBPUSD)

This thread is finally alive again. All kinds of opinions today.

Cable Update (GBPUSD)

Looking at charts from the 1970's and the world economy then and comparing it to the Forex market and world economy now is apples to oranges.

Is trading FX for living a myth?