Interesting to read and see what's happening, I could only suggest smaller positions as the range hasn't even been big so I'm surprised how you have lost 50 % of your account as I have had positions just sitting waiting and not really been on the ...

Cable Update (GBPUSD)

It's pay day, I'm adding longs lol,.we shall see what happens

Cable Update (GBPUSD)

You are welcome, we all need to keep learning and take not on what others see. We often forget about time frames, a lot of people scalp and swing it's not all long term , so just because you see people shorting...this doesn't mean they are net ...

Cable Update (GBPUSD)

Technical.analysis shows that we are in a very good position to push higher, lots of news coming and the rate hikes due in may. Rumours US will pause, GBP will hike gives the sentiment for the market to continue higher. April has been in a 2pt range ...

Cable Update (GBPUSD)

For some this is a tough area to get in on, so consider small positions, but I like this area as it's what we need to push higher, , let the pressure build up...I'm still holding my long and I'll be okay if today's gains on the pair reverse and will ...

Cable Update (GBPUSD)

It is a very interesting area especially with the Asia session later

Cable Update (GBPUSD)

This is possible, or it's a trap for retail traders to short the spike? I'm not disagreeing but I have seen this go both ways in the past

Cable Update (GBPUSD)

Exactly, it's good to be mindful of these factors and not react to data or follow the crowd, it's important to look across time frames and analyse structure as a whole. What we have seen today is just that, and now we have tested a high but we are ...

Cable Update (GBPUSD)

SL locked in for small profit, would like this to grind higher and break now. What I said about the green data seems to be right ATM, so maybe a new high before selling pressure at 1.26? I can't see my main charts as I'm at the gym so hard to see ...

Cable Update (GBPUSD)

I'm not going to be assuming anything as we have seen this before , good data can mean inflation is under control which goes against the dollar as they won't put in rate hikes , and I crease interest rates etc. I am no expert on these things on the ...

Cable Update (GBPUSD)

Remember just because news is green doesn't mean it's all good. These things have an effect on rate hikes etc so think about what the big money is doing longer term

Cable Update (GBPUSD)

I wonder...could we see 1.26, I think it will depend on news I'm keeping my long open as I can close it and take a loss later as it's a small position and profits taken or reload again tomorrow.... Adjusted my sell order for 1.26 just to see. I'm ...

Cable Update (GBPUSD)

Was on my last night shift yesterday so was nice to wake up and see GBP had a nice climb, covered my profits and put in a short position....profits taken now put in a long position again with a stop and sell limit order at 1.25 incase I can't watch ...

Cable Update (GBPUSD)

How passive aggressive of you . You can't just make a statement when plenty of people go short and long , people might be bullish GBP on the long term but a lot of people like to be on the correct side of the trend and ...

Cable Update (GBPUSD)

Now this is actually quite fair but everyone is in it to make money and learn, sometimes people have to learn the hard way and tbh that's usually the best or you make bigger mistakes . It's not for everyone and there is a fine line between safe and ...

Cable Update (GBPUSD)

I see most traders actually swing trade they go.long at the lows and short at the top

Cable Update (GBPUSD)

I am long here, it's bounced of the low and testing support, I am okay to stay in this with a small position for now with no SL the moment until bulls take over again as I can add more if it continues lower and I don't want to get stopped out before ...

Cable Update (GBPUSD)

Could be profit taking before news which happens a lot, covering positions . There are also the aspect of sell the rumour buy the news or vice versa this is where a lot of retail accounts get trapped. Stops get taken out and then there is follow ...

Cable Update (GBPUSD)

Wow this has had a proper grind up today, was hoping for a bit more of a dip or retest a low but it's just kept going. The temptation to jump in long now is there but I know if I do it will reverse so I need to wait. I can load more into my account ...

Cable Update (GBPUSD)

Waiting patiently to get on the right side of the action, wanted to buy in about 1.24/1.241 but I was busy on the school run lol Let's see what it does , i can average down or wait for another buy opportunity

Cable Update (GBPUSD)