From Low Risk Trade Thread. Exit Trade Experiment #293 Buy GBP/USD at 1.9584 at the market price of 1.9642 (taking a 54 pip profit) and re-enter at about 1.9520 to 1.9555 - or at the bottom of a downwards small five wave pattern. A couple of more ...

Cable Update (GBPUSD)

When the 5-13-62 ema cross on the 1hr it is usually good for 60 pips (according to back tests) plus it is going to have confluence with the daily pivot and the daily fib of .50

Cable Update (GBPUSD)

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Cable Update (GBPUSD)

my chart said 9648 is daily high so far if that's the case we could be looking at around 9510 if it hits its daily average of 138 pip difference between high and low. Thats just based on what I call average statitistical probablility. Technically it ...

Cable Update (GBPUSD)

Samething holds true today in regards to the averages. Its high actually on my chart yesterday was 9696 and it hit 9558 for a 138 pip difference between the high and low. Once it establishes it's daily trend it does have it's common tendancies. ...

Cable Update (GBPUSD)

Its going up but you know how the european session moves one way fot 30 to 60 minutes and then the trend for the day goes in the opposite direction.

Cable Update (GBPUSD)

Closed below the down trend line. See key points of daily chart below

Cable Update (GBPUSD)

Habeeb You must find Mouteki fairly accurate when you use your entry levels?

james16 Chart Thread

according to the chart and with an established high of 9699 and the average daily movement for the pound being 138 pips from the high to the low its reasonable to think 9561. Around 120 pip movement is common which 9679 a 100 pip move the pound has ...

Cable Update (GBPUSD)

what makes you think 9520 . I know that the high is 9696 and the average daily movement for the gbpusd between the high and low is 138 pips with a more frequent area of 120 pips. I was thinking 9576. Just what to pick your brain and learn

james16 Chart Thread

Thanks for the tip Habeeb

james16 Chart Thread

I should have went with the daily close below the trend line. Of course I say it now.

Cable Update (GBPUSD)

Got stopped out on my long and went short now on recovery for lost pips. Its working. Any body have extra pips to spare

Cable Update (GBPUSD)

Keep hitting the daily pivot area of 9672 and turning up

Cable Update (GBPUSD)

a new shift (work force) must of just come on for the gbp traders.

Cable Update (GBPUSD)

what happen on the news. I am partial because I am long so I say if the news was negative and the pound has recovered (still waiting) then it should be pound strength.

Cable Update (GBPUSD)

Did you see what it came out

Uk Gdp

For Your Review

Cable Update (GBPUSD)

Let's talk about tomorrow. Some thoughts from Felix who does news trading 1. Thursday, December 21st, 2006 (4:30 am New York Time) UK We have two important reports coming out of the UK. We have GDP & Current Account coming out. Both are capable of ...

Cable Update (GBPUSD)

Ignore that attachment let me post the right one. Not sure what happen there.

james16 Chart Thread