I use the shorter term time frames for entry and play them into longer positions with the longer time frame confirmations and use the MACD and OSMA to help with direction. IF they confirm each other, it is like the compression moves that DrD posts. ...

Cable Update (GBPUSD)

For those who are wondering why we are making a move down, or why we collapsed where we did...I will post 2 charts. One that was posted yesterday, showing the fill on the market price...Cover trading, the second, the fact that we entered back into ...

Cable Update (GBPUSD)

I take particular issue with any trader who comes in here holding several hundred pips against, talking smack and trying to suck others into the control of their own thread. I take issue with any sr trader that doesn't welcome posts/analysis from ...

Cable Update (GBPUSD)

Point is..if he knew everything, and if his was the only way of trading, he wouldn't have to watch red trades for days and hundreds of pips...there are other traders that do okay, but seemingly get questioned by those that seemed threatened. I say, ...

Cable Update (GBPUSD)

Retrace zone is proving to so far be a tuff nut to crack for the bulls. Because we are still above support lines, I don't show the full on bear yet, but am expecting the monthly/weekly trend to prevail throughout the balance of the week. Rode the ...

Cable Update (GBPUSD)

Current bottom side target by my charts is about 1.5726. Not that I am one for speculation, but this is the support line on the hourly. As the last time frame cracked for topside movement was the hourly, it does make some sense that this is the time ...

Cable Update (GBPUSD)

Looks like I missed one hell of a ride, sadly have been on the highway since the start of this train and have been away from my tradestation. Sigh... Good Going Bulls! We finally managed to crack through the hourly 200ema on the 4rth attempt, but ...

Cable Update (GBPUSD)

That is certainly one way of putting it to be sure...LOL. Simple support and resistance analysis...I am a simple fella with a simple set of rules... Buy support...Sell resistance...follow the money.

Cable Update (GBPUSD)

As posted last night, a failure to breach and close candle above the 200ema on the hourly to me, still means that we haven't come around to the bulls yet. Original chart, and current chart...

Cable Update (GBPUSD)

Always late to the party, but I am not going long until I see a cross and hold of the 200EMA. Sure, I will take the quick takes for a few bones, but as we still have this as resistance and as long term charts still say bear country, I going to still ...

Cable Update (GBPUSD)

This is totally how I am feeling. Celebrating the Chinese New Year with some family, 7 hours of cooking, drinking and eating, chiming in the New Year with a bang. A lazy day trying, a bit of a hangover, nursing myself back to health with a little ...

Cable Update (GBPUSD)

Working off of a netbook, I have limited capabilities, but would like to take a quick mention of the weeks worth of trading and posiblities for the up and coming days. If you were to compare the EU chart, H4 and Daily to the cable chart, you can see ...

Cable Update (GBPUSD)

Just another point of interest...Support/Resistance wise. The 200EMA, Yellow line, and inside the green circles.. You can see how it has been played out as resistance, and then moved onto support, and as of current, we have all time frames 30m down ...

Cable Update (GBPUSD)

The 55EMA shows up on one time frame, if you look at the previous time frame, you will see that the same area coincides with the 200SMA. The system I have been working on, has been to refine my trading style to determine the actual time frame that ...

Cable Update (GBPUSD)

On a goofy assed week like this, one would or could automaitcally assume that the major is holding and down is the key...But really, is it? Like anybody can say with 100% certainty...Right DT? HEH. I have a little time stamp indi on my thread, and ...

Cable Update (GBPUSD)

Color me the coward, but after having been away from my charts all day, I see a possible retrace on the 30m, which could catipult us to the fib50 on the retrace.... I will look to catch the momo on the way down. Good luck on the play

Cable Update (GBPUSD)

WTG EGKID! Rock On Buddy! And yessir, you are correct, this is still a great thread! Hats off to you Bro!

Cable Update (GBPUSD)

I wouldn't even consider guessing support for the time being. Checking the Monthly OSMA shrinking, heading to meet with the MACD....The Weekly MACD being red and OSMA to match, and now lets look at the 4hr.... Previous move on the H4, when we lost ...

Cable Update (GBPUSD)

Are there some of you still seriously building longs?

Cable Update (GBPUSD)

As for you son.... You have yet to answer my questions.... What is your target? What is your R2R? Please...I thought you were yet again finished with this thread.

Cable Update (GBPUSD)