For Cable I use 3 ma's 25, 150, 365 on all TF's I combine them with SR, TL and Fibs. I use no momentum indicators such as SToch or MACD, occasionally use CCI(85 or 100) on my MT4 charts for Cable depending on the market time and PA action. Always ...

Cable Update (GBPUSD)

Careful with MT4 volume, it only reflects the volume of your broker, not the market as a whole.

Cable Update (GBPUSD)

TD Waterhouse, a decent equities broker I have used for donkeys years.

Cable Update (GBPUSD)

I expect a test of 150ma and we are ready to move down again, M30 stays below 25ma and just waiting for a right entry for my short.

Cable Update (GBPUSD)

Closes in 30 mins, 1530 GMT, 1630 BST, I am going to buy a box of cheap watches and spread them around. Don't look at the FF times they are wrong.

Cable Update (GBPUSD)

TD gives you the full book at the LSE and Level II and as I am in London I have always used them. Saxo put a lot of time and effort in developing their platform and the commissions are less than TD, that's made me look at it. Don't use them for FX ...

Cable Update (GBPUSD)

I am testdriving Saxobanks new platform for equities and am impressed with it. Have used TD for years and may switch. Have a look at it.

Cable Update (GBPUSD)

Closed the shorts and yes I do look at Level II quite often to judge market sentiment around important levels of support and resistance, especially my daily and weekly targets to judge reversals. Also use it at London and NY open to guide me on a ...

Cable Update (GBPUSD)

That reminds me, haven't send you that watch yet....

Cable Update (GBPUSD)

The volume indi on MT4 only gives you the volume of your broker not the interbank as a whole. I use different brokers that do give me a better look at volume and the Bids/Asks out there, giving me a level II

Cable Update (GBPUSD)

Closed mine, M5 not looking good now. Will get back in once settled. Surfing the M5 waves.

Cable Update (GBPUSD)

Well, you jinxed my short now. Did you put up some of those ma's to have a look at the interaction?

Cable Update (GBPUSD)

Entered a cheaky short based on M5/25ma interaction and failure of ma breach on M30, keeping a close eye on M15 for validation.

Cable Update (GBPUSD)

Apologies to call you on this, but what "signals" are you referring to, I still see the retrace continuing based on M30/15/5, not using any signals pure PA interaction with SR, MA, TL, fibs.

Cable Update (GBPUSD)

I like putting up live calls, it does make you think twice before you post and it sharpens your thinking. I can't stand trolls that claim 100's of pips after the fact. 25ma on M5 is now forming a sloping support and a cross of PA and 25ma on M30 ...

Cable Update (GBPUSD)

Put up a 150ma on M5 and draw a little trendline on it and you can see where the PA may be aiming for. This was not a hard call to make, am now watching the interaction between 25 and 150 on M5 with the lower trendline to see if this retrace ...

Cable Update (GBPUSD)

Not me, am expecting this retrace to continue to 523ish. The next few candles on M5 will confirm that.

Cable Update (GBPUSD)

It gets excluded once Moody adds a downgrade. Trichet changed the collateral framework last month and as of 1 jan 2011 it will have to be BBB- he also changed the rules for current debt using a 5% haircut on any debt below A+.

Cable Update (GBPUSD)

But you can, once 2 rating agencies downgrade Greece's debt the ECB can no longer use it as collateral and will then need to rebalance the books taking Greek paper off, that will see the euro go down further. There must be a lot of scrambling behind ...

Cable Update (GBPUSD)

Not me am looking at a retrace here like I said earlier, technically it will be struggling to continue south here, of course a lot of the fall was driven by Greece so fundamentally we can also expect a retrace here before further news from either ...

Cable Update (GBPUSD)