Exceptions to all rules and time dependent on specific trading sessions as well...volume and such. Most bottoms and tops I can see off of the specific moving averages, so, following direction of the smaller trends inside of the larger can help out ...

Cable Update (GBPUSD)

Moving average cross overs are typically laggy signals and depending on the time frame that you look at, can get you into a trade just as the trade is coming to a point of reversal. The compression lines that Dr. D uses, have a little more ...

Cable Update (GBPUSD)

Here are the support ranges I am watching on for long side chart.

Cable Update (GBPUSD)

Nicely done... I am working on sticking to safety range plays...try to capitalize on 100% winning trades and hitting with larger lot sizes... Call it a new years thing. Currently holding the 200EMA on 1m chart...fail of this still shows support on ...

Cable Update (GBPUSD)

We are a long way from support being broken on my 15m chart...I wouldn't be dropping a sell in here until I see reason.... As we are currently in the good graces of the daily, though not closed in support area, we are in the bullside movement on the ...

Cable Update (GBPUSD)

On the 4hr...need to break and hold 200EMA to move on up, or crush down through the 24SMA for further south mode.

Cable Update (GBPUSD)

Maybe this will help... We had an awful time breaking through the 200EMA on the daily to bust to downside...it would seem we have the same issue breaking to the north...Yellow line.

Cable Update (GBPUSD)

So, if you are new to the game, and never really understood what support to resistance trading has been about, hopefully my previous posts have been of some guidance. The longer version of this looks like the below listed chart. I am off now, see ...

Cable Update (GBPUSD)

Again, trigger on trend as price crossed the 24SMA in favor of the immediate trend, fell back to 55EMA support and carried on in direction, scoring a few more. I really should be playing...

Cable Update (GBPUSD)

First line of support on the 1m chart is the 55EMA. When we fail to close below, I look for a reload and will attempt the same on a cross over the 24SMA on the same 1m chart. This is why I will trade some 5-700 times per week, taking 5-50 pips per ...

Cable Update (GBPUSD)

CHA CHING! WTG brother!

Cable Update (GBPUSD)

Not disagreeing with the overall... The point was, and my trading is... In like a lamb, out like a lion. Again, if you just got into the game, and seen what I seen, you would play the quick trades and take a few bucks on the short pops. All ...

Cable Update (GBPUSD)

Holding the 24SMA on the 1m chart, allowed a quick play on the spike over hourly resistance...a single tiny play may not make you a living, but do this enough times, it can really add up.

Cable Update (GBPUSD)

FWIW...even though we are below the 24SMA on the hourly...we have dipped back and crossed above the 24SMA on the 1m chart. These are what I use as triggers on trend. The immediate trend being long...the overall still being that of the bears. Taking ...

Cable Update (GBPUSD)

1.5875 is just above the 200EMA <-(scalpers bounce line) on the 1m chart. Triggering out here, could get you buying back above the same price. I would go to support on the 5 and 15m charts and trigger manually, but we all have our trade rules. Not ...

Cable Update (GBPUSD)

Seeing what happens at hourly resistance on a long term bear with bull plays... Pattern recognition. This isn't to say go short now...more to say, if you are long, make sure you have your profits guarded.

Cable Update (GBPUSD)

For each of the different resistance ranges, price typically waits until the final seconds of the time frame to make decision. Make or break times. I watch them like a hawk. For these, I also use the MACD and OSMA indicators for support, but ...

Cable Update (GBPUSD)

Currently at hourly resistance... Continuation and carry over of bull position if we hold support on the hour next resistance circled in red. Failure to close goes back to support to the 30m, 15m, 5m.

Cable Update (GBPUSD)

Resistance now becomes support.

Cable Update (GBPUSD)

Support to resistance play on the 5m to the 15m.... heh Coin toss time!

Cable Update (GBPUSD)