Looks not too good for the Bears

Cable Update (GBPUSD)

Closed +10pips Waiting for next opportunity

Cable Update (GBPUSD)

I have one long with TP around 1.27700 Based on my experience and knowledge GU is building one more leg to goes up but EU looks bearish. If it is SMT Divergence, we might see GU has one more push up while EU might not and after that, both of them ...

Cable Update (GBPUSD)

I see it as well. I just few more confirmations for Long setup. If 1.27 is really a support, we might see a skyrocket to 1.277 - 1.28.

Cable Update (GBPUSD)

On Demo account when I first started my Forex career: Yes! When I start deposit my own money into broker or taking prop firm challenge: Never!

Cable Update (GBPUSD)

Trading without proper planning and analysis is suicide, yet people still do it. It is no different from going to war without any strategy. You will ended up being the corpse. I don't understand why most people do it.

Cable Update (GBPUSD)

Market today must close below Monday low in order to wake the Bears up. Otherwise, bull will still control the market.

Cable Update (GBPUSD)

Main trend is still up and no bearish's confirmation is taking place. I salute anyone who try to short this market for 100-200 pips target.

Cable Update (GBPUSD)

Market is so scary. Most people expected for the drop on early Monday but look at it now.

Cable Update (GBPUSD)

Market is really annoying this week. No true direction And looks like weekly candle is going to close in this small body.

Cable Update (GBPUSD)

You are right , since Forex market is decentralized, every brokers using different Liquidity Providers. This is why some brokers have gap while some don't.

Cable Update (GBPUSD)

Finally I can determine my bias. My bias now is Bearish until 1.27500 zone is broken successfully. So I'm looking for only short opportunities until this zone is broken.

Cable Update (GBPUSD)

I think it look like you got broker's issue. I checked most brokers data feed including FXCM, I don't see any gap in that area. Maybe your broker has very little tick this is why this gap happen.

Cable Update (GBPUSD)

Hi axexcap I usually don't trade timeframe lower than M30 My preferred timeframe is M30, H1, and H4. Yes I see good movement that can determine directions on M15. But without higher timeframe to join for confirmation, I cannot determine the bias for ...

Cable Update (GBPUSD)

Price Action is really frustrating me right now. I cannot determine my bias since it looks so messy. Market refuses to go lower or higher which make hard to make the decision to trade.

Cable Update (GBPUSD)

Target 1.25500 hits Thankfully I didn't close at early Monday market open because I was sleeping lol. My Bias is still bearish until 1.26350 is broken. Stay at sideline now and looking for another best opportunity.

Cable Update (GBPUSD)

Looks like market will go lower without fills H1 FVG at 1.25500 I have one long positions with tp at that FVG zone. My bias is still bearish and maybe I consider closing long positions at early on Monday market open and re-entry the short one.

Cable Update (GBPUSD)

Nobody Absolutely nobody Those who shorted at 1.2800 without stop loss:

Cable Update (GBPUSD)

Finally Doji daily candle has formed. Let’s see if we can have high volatility as previous two days we have stuck in the range without breakout. My Bias is bearish until 1.27 has broken.

Cable Update (GBPUSD)

To be honest, by look at Daily Chart, I don’t know whether I should call it a trend or not.

Cable Update (GBPUSD)