It will help you get sooner in a trade with smaller stoploss. You can see how price react on smaller TF like that. Let me show you example: This is 5 minute chart with my volatility indicator. I use it for trendlines etc.... image This is 60t ...

Cable Update (GBPUSD)

It needs to move up. On H1 the candle is disgusting. Wait longer. Then sell. Wait for price to stabilize properly. SF

Cable Update (GBPUSD)

Well, this looks very bad on H1. We will go up and then down. However this H1 candle needs to be "fixed". SF

Cable Update (GBPUSD)

You should look on tick charts and trade those. I can show you why, if wanted. Of course for free, lol. For anyone wondering. xD SF

Cable Update (GBPUSD)

Yeah, I also have this BS.... It's so annoying. I can't stand it. You need to work with your system, trust in it. Use smaller amount of lots. You'll see that you will win & lose. If system is bad, you will lose but not that much. If you win more of ...

Cable Update (GBPUSD)

You mean buy and then sell on high? ;D SF

Cable Update (GBPUSD)

image Today's NFP will probably just make new spike up to attract some buyers thinking GBPUSD will go up again. But we could sell it somewhere about 1.1950. Maybe they'll just take the gap. 1.1970 would be pretty nice. Or it will make new high and ...

Cable Update (GBPUSD)

Hi friends, sentiment still the same. Looking for sell positions. SF

Cable Update (GBPUSD)

Accidentally opened 1 lot on 400 USD acc... xD Wish I holded longer. SF

Cable Update (GBPUSD)

GBPUSD sentiment changing... Be careful.. maybe we'll go up again soon. 50/50 so far.... SF

Cable Update (GBPUSD)

Little scalp on GBP/USD on 1 minute TF

Cable Update (GBPUSD)

Hey guys, so today test. 1. Opened positions just because of sentiment, completely without analysis. image For GBP/USD, here's great strong level for sell position. 1.2109 image

Cable Update (GBPUSD)

You got it right nice Exactly! Plus the best of all is, that when price will not move away immediately, your trade is mostly wrong. So you don't need 10 pips TP and 10 pips SL. It's nonsense. If we look at ...

Cable Update (GBPUSD)

Yeah! Exactly. I heard someone on forum saying that using round numbers is fundamentally really nice idea. And it's right. I like to buy or sell second touch of high or low on 5m or 1m chart. But you still need to be on side of overall trend. Check ...

Cable Update (GBPUSD)

No, I would recommend looking for sell on highs. Watching price doing its job and when sell signal will appear you can go for it. Sentiment is trying to buy for more than a week. And it's all wrong. I was saying that for at least a week. Nobody was ...

Cable Update (GBPUSD)

Anyone here who was saying we will make new highs when sentiment was buying? I told you guys to always look for doing the opposite of majority. By the way 1.2080 was cool level to sell. Specially on 5m chart you could sell GBPUSD on the second touch ...

Cable Update (GBPUSD)

It's interesting that no one thought to address the other issue. If instead of TP 20 pips and SL 20 pips we had solved how to reduce the stoploss, we wouldn't have lost too much money and we wouldn't have ruined one day of trading. How about ...

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

You can't since my spread was 3 pips and price was moving only +3 and -3 pips. So my profit would be almost always the same sadly. GBPUSD was dead for 5 hours. :X

Cable Update (GBPUSD)

I can't trade one pip with such spread with 0 moves xD it's damn day... Happy new year.

Cable Update (GBPUSD)

Hi ToSatisfy, Yes you are correct. I (hope at least) never said it cannot happen. It can be seen here for example. (Price went 120 pips up but sentiment said short.. we would need to entry on that high after that big move up) image I even said when ...

Cable Update (GBPUSD)