I think it could be bye bye now but like elbert says, you guys know what to do, and don't follow my opinion, make up one of your own.

Cable Update (GBPUSD)

For some reason the market never forgets: image

Cable Update (GBPUSD)

1.2484 is akey level and we had to retest it.

Cable Update (GBPUSD)

Just wear some titanium underpants.

Cable Update (GBPUSD)

Or shorts closed.

EUR/GBP - What a great pair to trade!

Amazing hourly close above 1.25. I think that might be a statement.

Cable Update (GBPUSD)

I understand this pattern is rare. I think it is rare for a country to join the EEC, bicker about it for 40 years and then leave. I am a remoaner. image

EUR/GBP - What a great pair to trade!

Thank you. I almost convinced myself! ;-) Seriously I find Ichimoku Kinko Hyo intriguing. I am no expert, and it was originally designed to predict rice prices, so just a bit of fun. However, I do take a break out seriously.

Cable Update (GBPUSD)

Yeah, forgot to mention. Our Prime Minister has had Covid 19 and is recovering. He has not advised anybody that drinking disinfectant might be an interesting idea.

Cable Update (GBPUSD)

Here is a bullish chart. We just broke yesterday's high, by the way. (And the high of the left "shoulder" at 27/3/20) Ichimoku. Trading above the daily cloud. Strong support at 1.2308. Price trading above Tenkan sen on daily. Tenkan sen crossover ...

Cable Update (GBPUSD)

You went long. I just closed my shorts for a tiny profit and I went long.

Cable Update (GBPUSD)

Not really, but there are lines of support and resistance in your chart. For example, where you can draw a horizontal line which crosses any part of 5+ adjacent candles.

Cable Update (GBPUSD)

Thanks!

EURUSD

Could you post that chart again with the timescale included, please?

EURUSD

Thanks Coreg. Do you mind if I use that link too?

Cable Update (GBPUSD)

I may add to my shorts at 1.2447 image

Cable Update (GBPUSD)

Testing the daily open line at 1.2425

Cable Update (GBPUSD)

It depends whether you want to stay in the game or not. If you feel excited about a trade - I should say over-excited - then something could be wrong. There are basically two philosophies in this trading lark - long term or gambling. If you have, ...

Trading Emotions