Morning all. I have got FIB convergence on my daily at 16525. the 786 FIB from A; B and 618 Fib from A2; B - Will look for a sell candle ofter it hits that level. image

Cable Update (GBPUSD)

Morning all, been licking last weeks wounds - but I'm back. I have just gone short @16420. 4 hour shooting star closed (2 hours ago) below the 16400 - Risk was too great to enter then so waited for a retrace. SL 1.64770 - TP 1.61330

Cable Update (GBPUSD)

I had them in the fridge, but took them out a while ago - have you put mine in to chill. Go the pound!!

Cable Update (GBPUSD)

I was typing that if it broke the previous low I'd re consider - now I'm with you..

Cable Update (GBPUSD)

Morning everybody. Hope you all had anawesome weekend? Is this the bottom? - UK opens in an hour, then it's northbound (I hope) Looking for a candle formation to go LONG on. Looks like 1.5300 before 1.7000 but stranger things have happened - Wormie ...

Cable Update (GBPUSD)

I got fried!!!!

Cable Update (GBPUSD)

This is what I'm seeing. (4 hour chart) All comments welcome. image

Cable Update (GBPUSD)

She can't break below the 1.5997 - I thought I'd help you all by enter LONG - with a SL of 1.5985, TP 1.6100 - coz if she breaks then I think she'll tank, but if she doesn't 1.6120 is back on. (and my FREE beer from Wormie)

Cable Update (GBPUSD)

T minus 10 minutes and counting

Cable Update (GBPUSD)

Yip forward orders are in - if it spikes, I'll load up

Cable Update (GBPUSD)

I'm in - 1.7000, my favourite beer is FREE beer!

Cable Update (GBPUSD)

Agree, 1.6110 hits DTL on 8 hour, previous resistance and support. Tight stop loss of 1.6150 just incase it busts through.. Good Luck - need to watch BOE announcement closely, in 55 mins.

Cable Update (GBPUSD)

Yip don't tell him what you're trading - or open a demo account and pretend it'sa reaql account - I could never trade with that sort of pressure... Trade your own system and tell pops to take a hike!

Cable Update (GBPUSD)

Hey Tau, do you ever trade USD/ZAR - I have just bought a lot 7.35 with next order in at 7.30 - target 7.50

Cable Update (GBPUSD)

I was also chuffed to see it hit 1.6000 - I rode my long and was very patient. Shoooo - looking to see if it will break above 1.610 before my next move. Happy trading everyone!

Cable Update (GBPUSD)

He he, saw that and thought in my dreams. Have edited to 1.58000.

Cable Update (GBPUSD)

LONG — Hey BB, good news to see a hammer on my 4 hour and 8 hour, hopefully we'll see 1.5800 before US Open. This is stressing me out!!

Cable Update (GBPUSD)

I should have listened to you - I'm still long. I have just changed my TP from 1.6000 to 1.5800 - once bitten twice shy!

Cable Update (GBPUSD)

Great call BB - you read it like a book. Impress me.

Cable Update (GBPUSD)

I meant to thank you for your advice yesterday. I cut my short at took 50 pips. - I'm now long at 1.5980 - got caught by the bull trap, but looks as though it will recover and continue it's upward trend (in my humble opinion)

Cable Update (GBPUSD)