Cable Update (GBPUSD)
I have followed up usd cad many times ,I have said any up tl ,there not going to hold ,it can only retrace now we see 3 crows ,on the monthly ,but I am saying it could retrace now ,still I'm telling you straight it can only retrace ,till it hit s the actual tl a solid view that can only come from higher tf huge shooting star followed by confirmation =evening star at a top,was an easy read ,unlike cable monthly {quote} {image} {image} {image}
{quote} usdcad is the toughest pair to predict, the bugger just moves in one direction
{quote} i am sure i will make many enemies in this thread, because i make things so simple tro understand that their efforts to make things complicated and increase fans is at risk. So if you see anyone putting me on ignore [ i am only pointing to those ] not everyone, so please excuse any misunderstandings.
{quote} usdcad is the toughest pair to predict, the bugger just moves in one direction
] we still have a lot of ground to cover,
{quote} Like I know, right? I should totally be writing for Halmark or something.
{quote} your trades are very good, i appreciate them keep up the good work. i learn't it the hard way that fighting with donkey's can harm me more that the fight.
{quote} that's why they call it "looney" . it must be handled by a "looney" (no TL's, no pivots) e10 D1 start: short below. long above start: close of ny session target : 47 (due to spread) stop: D1 cross close opposite side of e10 apr, may 2015 were the worst. everything else is perfect. imho, let it touch e10 again before beginning to trade this way.
you have to have faith in something , only probability you can look other examples,a cross has meaning ,more than most now I guess type of confirmation if so , will dictate how much {quote} {image}
the 4hr momentum still seems hesitant, I'm not ruling out one of those situations where we get a strong hint of a daily reversal (Fridays cross), then market pushes just a smidge above it before reversing back to support. Particularly being start of a new week/month. Watching 4678 or so to see if we start getting any bearish PA. Thx again.
{quote} They are reversal patterns and combined with Fridays daily candle (cross), it adds to the probabilities, but nothing is certain. That's why I am watching PA on Monday for bearish signs before taking any short term action
{quote} Does look like a reversal on monday after daily spinning top candle friday, see what happens, but as long as I make at least 30 pips I don't mind where it goes
{quote} We'll see what happens, I mean it's wouldn't really be like Cable to slightly extend its' small high above February at the beginning of a new month before retracing now would it
{quote} hmmmmm I don't want to make predictions about where cable will head monday but just looking at recent bearish reversals none of the next daily candle rose above the high of the reversal I'm a bull all the way, I love a rising price and find it hard to short a market so if it does extend will put a smile on my face
, it was originally 1.43 for 1.48 until high taken. (also EJ long for 128 didn't make it to Friday close and stopped at b.e+ 
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