JR, I think Abuawad's method using Support & Resistance & fibs is pretty good. After all, this method is not rocket science, it's simply the application of some fundamental chart info, wrapped up and called 'a method'. Today was just a matter of ...

Cable Update (GBPUSD)

It's down to sever configuration in terms of the server's own time, and in terms of when the broker determines candles to open & close.

Cable Update (GBPUSD)

I trade live with Alpari London. The 4 hr candles open at 4am, 8am, etc, Central European Time. 4am candle opened at 1.9908 as per chart below Nevertheless, with so many other things (like Friday's daily pinbar) pointing down, I would have been ...

Cable Update (GBPUSD)

Short - at the most basic level, look at Friday's pin bar on the daily

Cable Update (GBPUSD)

Hi JR, I was simply curious (because you have been using Abuawad's method) how you exited. I take each trade as it comes. This Cable short hesitated too much at T2 so I took profit (lucky for me!). Congrats with last week's results! Rob

Cable Update (GBPUSD)

JR, what do you do at each target? 1) Take profit & open a new trade once through to the next zone? 2) Scale out? 3) Stay in? Right now we're at T2 and stuck in ... Rob

Cable Update (GBPUSD)

It's a man thing isn't it LOL

Cable Update (GBPUSD)

The road south is clear right now. Roadworks around 1.9840 (see 1 & 4 hr charts). If that's cleared, next stop on this ride could well be 1.9735.

Cable Update (GBPUSD)

Hussin that's interesting. Because of what the candles say for USDJPY & USDCAD, do you believe that a bear move on CADJPY is any more likely than the moves forecast for either of the other two? Or do you simply view CADJPY as being just another set ...

Daily candle chart

It's like watching someone about to jump off a building and everyone shouts ... "Noooo ...Don't do it!!!"

Cable Update (GBPUSD)

EUR/USD — Thorough analysis. Thanks for sharing. I'm short EUR/USD at 1.5735 and agree that the Euro is taking a break down south for a few weeks before it continues its journey north. Rob PS makey2u ...Was the analysis by Jack from The LFB?

Cable Update (GBPUSD)

Good stuff JR! Thanks mate. Rob

Cable Update (GBPUSD)

Hussin, which in your opinion has a higher odds chance of unfolding as expected? USD/JPY or USD/CAD?

Daily candle chart

USD/JPY & USD/CAD — Hi Hussin, The daily USD/JPY & USD/CAD charts that you posted yesterday both look very convincing. As a matter of interest, which in your opinion has a higher odds chance of unfolding as expected? I'm also interested to ...

Daily candle chart

I have offered to create Version 2 of Abuawad's doc (already started), but I first need to fully understand the original PDF (which I don't). Abuawad has promised (earlier this week) to come back to me with the answers to all my questions that will ...

Cable Update (GBPUSD)

Baz, Thank you. Learning a lot from good guys like you, Daz, TEB, OzFx & James 16. Also working hard to get rid of the typical bad habits. I read that the asthma has been playing up. I hope you get it under control and that we can discuss trading ...

Powerful Fib Based System - by DAZfx

Cheers PID. Have learned a lot from Baz. I hope it keeps on that way!

Powerful Fib Based System - by DAZfx

Looks good pipolo For some additional confirmation ... Support from various emas on various timeframes has not been broken. Stochs are turning up on 1hr AC turned from red to green on 1hr Last candle on 1hr was bullish Price crossing 5 ema on 1 hr ...

Powerful Fib Based System - by DAZfx

Im staying in ...but Ive already locked in +40 so I'm happy regardless and anything extra is a bonus

Cable Update (GBPUSD)

Bones, I like your analysis. I too am long here after getting +73 on the short this morning.

Cable Update (GBPUSD)