DislikedIt will take months to play out, so let's focus on immediate price and where it is heading!Ignored

Anyone have link to live of FOMC Statement?
Cable Update (GBP/USD) without Idiots 23 replies
Is it just me or is cable acting random? 44 replies
Why is GBPUSD called cable? 66 replies
Cable (GBPUSD) vs Euro (EURUSD) 26 replies
cable short for gbpusd? 6 replies
DislikedIt will take months to play out, so let's focus on immediate price and where it is heading!Ignored
DislikedEU is not going to parity! You really need to study the weekly/monthly charts in depth my friend! Also, if there is a flight from the Euro, where are people going to park their cash? Look at EURGBP chart!Ignored
Dislikedsorry but i'm not a trendline guru.
but if i have to draw a line or die i would draw it like this
(...and die... lol, joking)Ignored
DislikedI've just closed my sell, not worth keeping it open as it could go either way at fomc.Ignored
Dislikedi dont have no clue man..i just listen to chart and play the formations..and try to stick to the plan ..i choose long..
its this simple..euro is doing very bad cable effected..oil and gold will rise..cable will fly with it..war also
to bet against gold, oil, war is like asking to be reborn againhence meh long
seriously.. i see gbp strength increasing as it perhaps bottomed outIgnored
Disliked
I like the way you keep it simple! I still think we need a re-test of this trendline lower down... but hey, who knowsIgnored
DislikedWhat you say comes into my mind too, since we're alternating between BUY and SELL, open position LONG then SHORT when we tp or sl. What I think is important is the fact that we currently have a large amount of buy orders now.Ignored
DislikedIt is usually here - http://www.c-span.org/Live-Video/C-SPAN/
But I can tell you that I fall asleep watching this shit... lolIgnored
DislikedHi Nav
Do you see anything re sound tech analysis on the monthly chart to support your bullish biais - and if so what ?
Thanks mate
G/LIgnored
Dislikedwhat i mean is stop thinking what other people are doing and start to focus on your chart.. you will never know what they are thinking or the market sentiment due to the news release..
we have our stops to tell us that we are wrong, learn how to place the stops correctly. I have my trade based mainly on 4h since i see it less noise compared to the lower TF. the higher TF the better but you must ensure that your stops should be able cater the drawdown or downsize your position in the market. Lastly, the money management, i only allow max 5% risk...Ignored
DislikedI dont see any problem with these charts though...
Monthly
Attachment 918500
the trendline is supported by the movements seen here in the weekly chart...
the weekly chart is consolidating on the Upwards trendline with huge confusion over the past few weeks...
some times closing above and closing below... and you can see the candle closes and opens are respecting this upward trend ive drawn in the monthly chart...
Attachment 918501
IMHO we have already broken BELOW unless it manages to recover back above this upward trend and its running...Ignored