Current H1 candle will make a bullish pin bar most probably. Let's see.

Cable Update (GBPUSD)

Watchout

Cable Update (GBPUSD)

Usual harassment by the bears All is well that ends well. Bears may not sustain the move today. But it is my assumption. I may be wrong. Do your homework yourself I am in no way liable for anyone's losses

Cable Update (GBPUSD)

To me Daily says SELL, H4, H1, M30, M15 says BUY. I am net Long at the moment and not in a mood to sell this beast so cheap It will rise

Cable Update (GBPUSD)

Bears are back to close their trades to make bulls happy

Cable Update (GBPUSD)

My choice of words was bad I meant I will tear this strategy apart to look for how it works. Opening the hedge is a real problem and many traders struggle with this aspect of hedging. I will elaborate further on this ...

Hedging/averaging trades without prediction

Nice profit. Looking forward to this strategy's long term success. Let's see. Nvm about English It's the brain that matters the most.

Hedging/averaging trades without prediction

Nice test of the H1 trendline underway

Cable Update (GBPUSD)

This EA or the strategy is bound to fail in trending markets where if mean position is not attained for a longer period of time as famous saying goes "Markets can remain irrational longer than you can remain solvent". We have to circumvent this ...

Hedging/averaging trades without prediction

Jump from the yellow area expected in the upcoming Asian or London sessions. Target at 1.166xx

Cable Update (GBPUSD)

My next two posts will cover the Role of Chart Structure and Money Management. The last post in the series will be all visual to elaborate the concept of your hedging strategy and tweaks needed to make it a robust system including hints for the lot ...

Hedging/averaging trades without prediction

Educational Post 3: WHAT IT IS & WHAT IT IS NOT Hedging technique is a Poka-yoke (Term Taken from Toyota Production Systems – TPS, which deals with mistake-proofing) technique which helps you when the initial trade i.e., buy or sell doesn’t work out ...

Hedging/averaging trades without prediction

EDUCATIONAL POST # 2 There are a lot of aspects of this strategy to analyze completely. I am breaking them down to their constituent parts. You may name them as per your TASTE. I will give you my view of how I am seeing it and what is the best way ...

Hedging/averaging trades without prediction

Yep most probably to 1.12 first and if the momentum worked out well I may target 1.05 again

Cable Update (GBPUSD)

Complete analysis underway... More to come in the subsequent "Educational Post 2". I hope it will resolve potential gaps in your strategy. Input by other members will be a plus. Sit tight till I get back shortly.

Hedging/averaging trades without prediction

1.16xxx is the target for Wednesday on CPI release

Cable Update (GBPUSD)

Tracking this path

Cable Update (GBPUSD)

1.15 is not in my list of targets. But let's see how it rolls. I am fully bullish in the short term lest Ms. Truss is out

Cable Update (GBPUSD)

The price may catch some liquidity before moving ahead. Target intact at 1.166xx. Mark it down

Cable Update (GBPUSD)

As expected 1.138xx hit, next we will see 1.166xx this week hopefully.

Cable Update (GBPUSD)