Funny how my broker MT4 charts lost connection to the server just as we touch support on the 15m chart, but watching price and going off of the last chart I posted, I hope the folk interested in learning and reading charts appreciate the support ...

Cable Update (GBPUSD)

Over the last few weeks, I have been simplifying my charts and playing off of the shorter term. From here, I have found the 15m chart to help me follow the direction of the longer 1hr and 4hr chart. The red lines on the chart are a 24d Moving ...

Cable Update (GBPUSD)

Point taken. All respect!

Cable Update (GBPUSD)

I am one for firstly stating that any position can be profitable given a long enough hold, this is not the issue. The forum has been short biased over the last few weeks and I have seen a lot of traders losing a good chunk of change if not playing ...

Cable Update (GBPUSD)

Pipe down Nancy. You are a bit of a flaming prick if somebody doesn't agree with you or follow the general consensus dictated in this forum aren't ya? Honestly, a trade position that has generated a loss on a hold for 3 weeks, is this really a good ...

Cable Update (GBPUSD)

Nav... Sheesh man, Hold for 2-4 weeks to get more benefit? How about some benefit? IF, this was in fact the case, that you would have to hold for 2-4 weeks to profit, WHY BOTHER TRADING? I know you got some new fancy hold system that you are working ...

Cable Update (GBPUSD)

Buwahahahahaha Definitely worth stopping in for!

Cable Update (GBPUSD)

Big spike today seems to have changed the way I am looking at the chart.

Cable Update (GBPUSD)

It would seem to me, we are playing almost the exact inverse as yesterday. Time wise a couple hours off, but I would bet we consolidate here for a while, and then see the direction over the next couple hours. If plays exact as yesterday, direction ...

Cable Update (GBPUSD)

Exit square...I think I gunna wait for confirmation...toooooo crazy right now!

Cable Update (GBPUSD)

Uh, yeah....BEARTRAP! STOP HUNT! SHORT!

Cable Update (GBPUSD)

EJ just hit 200 support on 4hr... Wonder if she gunna use this as bounce line.... FAIL here and there is a loooooooooooong way down!

Cable Update (GBPUSD)

I am thinking bear trap at current, gunna be sitting back and watching for clear direction..

Cable Update (GBPUSD)

Throw a 24 ma on your 1m chart and watch the effect when is above and below the 200 ma... Waaaaaaaaaaaay better scalp ops. Once you start to see those, you can get in and out on the 5m for the bigger swings....

Cable Update (GBPUSD)

CHA CHING! 34 more on 2 lots, wanna see if she gunna come back from 200 ema on 5m.... Weeeeeeeeeeeeeeeee!

Cable Update (GBPUSD)

Damn Right! Took another short @ 1.6376, fail line of 200 ema on 1m... Risky here, got finger on exit!

Cable Update (GBPUSD)

HEHE first good short side scalp this morning for 74! 4 lots...

Cable Update (GBPUSD)

Looks like the LTL that became the UTL is back to being the LTL.... CRIPES!

Cable Update (GBPUSD)

Damn, Thats Some Kinda bull Run... Sadly sat this ride out... Just crossed the 24ma on the 4hr, first breach since we collapsed.... Gunna sit n watch fer a while, seems to be only hurt in the market right now...

Cable Update (GBPUSD)