I'm also sitting out. Good luck to any longs holding, i can see resistance around 1.4460.

Cable Update (GBPUSD)

Thanks for the information eo, will be sure to watch how it pans out. Good luck also with your trade .

Cable Update (GBPUSD)

This is good news for us! Still in there bro

Cable Update (GBPUSD)

I'm still holding my short with entry at 1.4270 and stop loss is at breakeven.

Cable Update (GBPUSD)

Short @ 1.4270 Stop Loss @ 1.4310 Take Profit @ 1.4155 Profit/Loss = +35 pips

Forex Rookie's Trading Journal

Pending order sitting at 1.4275. What is your TP target eo?

Cable Update (GBPUSD)

Hanging man on the 15 minute chart

Cable Update (GBPUSD)

I had 3 pending orders today at 3 different prices over the course of the day and none of them executed, lol! Ah well, better luck next time!

Forex Rookie's Trading Journal

Yeah its been really bad! I was meant to go into university today, but the weather has prevented that - so that's why i'm here .

Cable Update (GBPUSD)

From what i have read, there must be a quite a few longs who got 'burnt' by jumping in around 1.42xx.

Cable Update (GBPUSD)

Support @ 1.4048

Cable Update (GBPUSD)

Thank you bro . I think its always good to remember you have a third option other than from going long and short.

Cable Update (GBPUSD)

I'm sitting out completely, I have no idea what to expect from this release.

Cable Update (GBPUSD)

Lol. I was waiting for someone to say that. That's exactly why i'm sitting out until after the news. Its like the calm before the storm .

Cable Update (GBPUSD)

I'm holding out until after the news before deciding on a direction. It looks uncertain to be short or long after today's price movements.

Cable Update (GBPUSD)

I can see a contradiction here. Surely if you were trading with a plan, then you would be using a stop loss??

Cable Update (GBPUSD)

love it! I can see exactly what you're seeing.

Cable Update (GBPUSD)

I don't hoenstly see how we could be breaking through the resistance because there doesn't appear to be enough momentum to carry us forward. I do wonder how many techs you're using. Peace

Cable Update (GBPUSD)

I think we are looking at another test at monthly resistance of 1.4346, but i doubt it very much we will consolidate up there.

Cable Update (GBPUSD)

What indicators would they be?

Cable Update (GBPUSD)