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- gavalar replied Oct 5, 2012
thanks mate. you too..by the way think we still have some down legs today.....a little birdie told me.

Cable Update (GBPUSD)
- gavalar replied Oct 5, 2012
got that descending tl on h4 at 1.62268 which could be the line but if that goes......then who knows where it will head..Late US session rally perhaps?
Cable Update (GBPUSD)
- gavalar replied Oct 5, 2012
great isnt it..best data since 2009 and gu up...probably to try and take out all the shorts before plummeting and taking out the longs
Cable Update (GBPUSD)
- gavalar replied Oct 5, 2012
Its bizarre isnt it. I think you're right but the forecast is 114 and should be a positive but the market hardly ever seems to react how you would expect. I have a short in play but if the sl goes on that, this shop will be closed for the week end. ...
Cable Update (GBPUSD)
- gavalar replied Oct 5, 2012
By the way, you're right if it breaks, thats the way to go

Cable Update (GBPUSD)
- gavalar replied Oct 5, 2012
yes, I can see both and can see potential flag but short 10 pip sl above h1 channel. Will wait now for NFP, if its good news and reaction is right bearing in mind how the market seems to take the opposite view, then I will do ok, if it goes up then ...
Cable Update (GBPUSD)
- gavalar replied Oct 5, 2012
Hi Walkman, you have answered the question for me. I am currently in a short as it is coming from the top of the channel and so far paying off. If it breaks the channel, I will be looking long. Its being at the top of the channel thats making me ...
Cable Update (GBPUSD)
- gavalar replied Oct 5, 2012
heck yeah, I'm currently short from 1.61923, 1st TP 1.61770 hit, tp 2 690, tp 3 490.
Cable Update (GBPUSD)
- gavalar replied Oct 2, 2012
and thats good, I am partly with you but I wont ignore the (my) trend lines either. If I just focus on trying to read the fundies, I get very hot fingers. At least this way, I can make a decent living. Good luck though and wish you the very best. ...
Cable Update (GBPUSD)
- gavalar replied Oct 2, 2012
absolutely, it is a place to share views and opinions, and if you take a call from here without your own analysis and backing your on judgement then you are not going to learn and be successful for the long term. Good to see my analysis is holding ...
Cable Update (GBPUSD)
- gavalar replied Oct 2, 2012
I dont know, its right on TL again so will wait for hour to close. If below then will consider short but if it bounces off, may be other way. I also have a fibo 13 here so, lets see
Cable Update (GBPUSD)
- gavalar replied Oct 2, 2012
Scalping can be truly great or truly awful, you end up watching the screen and all the horrible emotions of greed and fear take hold. Cant help it though, still find it needs to be done to hit weekly targets. Swing trading alone doesnt do it.
Cable Update (GBPUSD)
- gavalar replied Oct 2, 2012
Hi Terry, Look at H4 tl, theres still some support but we could still see it go down to 457 and then 394 and finally 331. If that goes, then yes and I believe it is starting into a down trend but currently, indicators on H1 and H4 show potential up ...
Cable Update (GBPUSD)
- gavalar replied Oct 2, 2012
Spot on Nav. Whilst GU is in downtrend, it is at the opposite end of channel and also moving along the support tl on H4. If that holds we could be seeing it moving up today.
Cable Update (GBPUSD)
- gavalar replied Sep 28, 2012
ehh, my forst one was 2 white lines that used to knock a white blob back and fore
Cable Update (GBPUSD)
- gavalar replied Sep 28, 2012
hang on, I'm a little older than Nav, I think and I remember it too...Mind you I was 35 at the time
and by the way, I want to know the new targets as well pleeeeeeeease
Cable Update (GBPUSD)
- gavalar replied Sep 28, 2012
Meant to say all other indicators look ready, but I just want to see that go. If it does, ..well scrap that in
Cable Update (GBPUSD)
- gavalar replied Sep 28, 2012
I have a 50 fibo on h1 at 2230 I want to see broken first but I think it will go
Cable Update (GBPUSD)