to me Price has taken its maximum daily price move, This is time to go down, where yesterday's sentiment, took the price or even low. ISM Manufacturing PMI matters however... (Editted to add image) image

Cable Update (GBPUSD)

Leverage is to provide the traders to help brokers make more money. Opening big lot with small account is negative for traders but positive for Broker.

Cable Update (GBPUSD)

Thanks for supporting my words. Patience is the key... very difficult to control emotions, but when you start control that is the point where you will become successful. As we bargain for a price at local markets and if price is not what we need, we ...

Cable Update (GBPUSD)

First of all learn to draw Support and Resistance on Daily/Weekly charts. Price stops at these support or resistance why? because most of the Big traders and Stops at S/R. Then you can draw H4 and H1 chart S/R lines. (I use different colors for ...

Cable Update (GBPUSD)

After spending years in learning forex systems and setups, I have learned that all the indicators follow the price, not the Price that follows them. Thats' why at current indicators can be decisive, they give sell signal and you open sell, while at ...

Cable Update (GBPUSD)

Hi, What's update regarding this 120 Days Challenge. Just passing through the thread and eager to look for the results. Regards

120 Days Challenge to take $60 to $1,000,000

image Long again with short target. At Target I will short...because daily price move target is over at that point and price will reverse at least 50-60% Fib

Cable Update (GBPUSD)

Hope your target is Hit...

Cable Update (GBPUSD)

Price Hit My Target. image

Cable Update (GBPUSD)

Sentiment is Bullish and I am holding this position. Lets see image

Cable Update (GBPUSD)

image Meanwhile I am long... Target is based on Expected Daily Move (Based on Fundamentals)

Cable Update (GBPUSD)

Yes, you are very right and this is called Sentiment. Price always follows Sentiment even after Strong News.

Cable Update (GBPUSD)

And retested.

Cable Update (GBPUSD)

image

Cable Update (GBPUSD)

Price is going to retest the low just made.

Cable Update (GBPUSD)

US PCE data is seen to cause less volatility. I've observed up to 30Pips change in price with moderate data + or -. However if change in data is remarkable, then price move could be 80 Pips. One important to note is, Price more is purely one sided. ...

Cable Update (GBPUSD)

You closed too early, I expect at least 50 pips move downwards.

Cable Update (GBPUSD)

image Time to Short...

Cable Update (GBPUSD)

I will soon share details in a separate thread. There are some contributors (including T721 on FF) who made me profitable. I am learning since 2014 (I am a business graduate btw). Thanks for you gratitude. Warm Regards.

Cable Update (GBPUSD)

IMO your trade is in right direction. Edit: image

Cable Update (GBPUSD)