Resistance 101 — Resistance 101

Cable Update (GBPUSD)

The UnderToe! — GARP ! Watch Out for the U n d e r - Toe The undertoe ! It's gonna get you ! Short Term Target = 1.6060

Cable Update (GBPUSD)

Short Term Target: 6060 - 6080 Tomorrows Target: 6000 Does anyone agree?

Cable Update (GBPUSD)

Thank you again for you advice, I look forward to talking with you.

Cable Update (GBPUSD)

Thank you for the advice. I need lots of advice. My other problem, I do not use a SL. Mostly because I do not trust the brokers. Learning this Cable will take much more time. Will it chew me up and spit me out? Like so many others? The odds are ...

Cable Update (GBPUSD)

You are so right. I should have closed break even. But I got captivated by each new lower level. And It's hard to trust the oscillators anymore. Sometimes I just stare blankly at the screen and watch my equity go down. I do nothing, I just stare at ...

Cable Update (GBPUSD)

I'm on 'The Rack'.

Cable Update (GBPUSD)

I am being whipped, and taught a lesson.. into submission and humility. Huge draw-down right now. Sweating and cursing this one. This better cycle back up, or I'm toasted immaculate.

Cable Update (GBPUSD)

Well, my entry was over reactionary. I forgot to factor in the human element, and psychology of 6200. Patience, is what I still need more of. Still feeling Long here. I am holding on to my position. Hope it pans out.

Cable Update (GBPUSD)

Thank you. I am now Long @ 6215 for a little while. What do you think?

Cable Update (GBPUSD)

Yes. It is reaction I guess. And that is exactly what I do most of the time. But as you could see. It can be very tricky. And I have to be very fast. Here is what I need to trade this Forex:

Cable Update (GBPUSD)

Thank you. Good info to have on the chart. Here is a chart that seems easier on my eyes:

Cable Update (GBPUSD)

Hello. Good observations, and advice. I am always learning, and always grateful when others share their knowledge. Would you please explain. Are the blue bands in your chart time zones? action zones? or something entirely different? CJ

Cable Update (GBPUSD)

Tired of Tests — Another test of 6250 ??? Why Why Why??? Will they roll it down again? The oscillators say down, but remember: "the powers that be know ALL of our algorithms".

Cable Update (GBPUSD)

Great call. Do you think it will continue down to 6000 over next few days? From what I see right now, I am banking on it.

Cable Update (GBPUSD)

I am out of the loop. My oscillator must be strapped on backwards. I Should have waited.

Cable Update (GBPUSD)

Long @6176 Hope I'm not out of the loop here.

Cable Update (GBPUSD)

I like your style. I went Short @ 6224. Lets see how far down she makes it tonight...

Cable Update (GBPUSD)

Funny! I'm still Long, holding out for 6300 Shoot for the moon, make it half way? or ALL the Way?

Cable Update (GBPUSD)

Yes. The 'Mother' Elliot.

Cable Update (GBPUSD)