Exactly my mate, market is always there and opportunities are endless but he who has blown up his account feels the pains most when he sights clear opportunity to make money

Cable Update (GBPUSD)

What I said yesterday has just come to pass, there is nothing wrong waiting for a sell setup at the current level . The next support level for GU is around 1.2075. Kindly trade safely

Cable Update (GBPUSD)

GU has just moved almost 55 pips today , I am not interested in selling this pair at all , bullish correction is imminent and it is really worth being waited for

Cable Update (GBPUSD)

From Monday till this now ( as at the time of typing this ) , GU has managed to move 120 pips down, a range that can be covered just in a day . That shows a quiet market and if you look at the chart, GU has been trading down from 1.27xx without a ...

Cable Update (GBPUSD)

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Cable Update (GBPUSD)

I have a buy order running on GU though the trend is down and the structure is not yet complete, I just don't consider the current price a good place to sell. I will take profit on my long trade at the daily pivot level around 1.2172 and look for a ...

Cable Update (GBPUSD)

The trend is down quite alright but GU is due for small correction before downward trend continuation to the next support level at 1.2075. I expect the market to retrace upward before it tanks ( though market can prove anyone wrong). To answer your ...

Cable Update (GBPUSD)

I expect GBPUSD to get a strong support @ 1.2075 and price action around that area will be interesting to look for buy setup. I hope to sell the rally around 1.2196 if there is a good sell setup that support my plan .

Cable Update (GBPUSD)

The situation In the market now calls for patience . I decided to stay on the sideline till after FOMC news which I strongly believe will set the direction for GbpUsd . There will be lot of opportunities after the news but the impatient traders ...

Cable Update (GBPUSD)

Market seems to be moving sideway , mind you, as long as Dxy stays above 105.00., I remain bearish on EurUsd . I expect a bounce( relief rally) around 1.0635 area.

EURUSD only

Exactly, you really understand trend continuation pattern . What an opportunity to short the rally

EURUSD

Congrats mate, 35 pips profit is enough to enjoy weekend with. Withdraw your profit and bid market farewell till next week . That's the way I normally handle things on Friday.

Cable Update (GBPUSD)

That is why market exists in the first place, all can be buyers at a time neither can all be sellers at a point in time. There must exist buyers and sellers at a time and the imbalance between them determines the direction of the market. We are less ...

Cable Update (GBPUSD)

Yesterday was great, it was a huge harvest of green pips. You may refer to my post of GU yesterday and my entry point was perfect. Let me share my opinion on GU today. From yesterday low, it has retraced almost 38.2 Fibo level which is at 1.24376 ...

Cable Update (GBPUSD)

Thanks, I have seen the typo error . My entry point is 1.2498 and stop loss @ 1.2520 . My regard and appreciation.

Cable Update (GBPUSD)

It is instant sell execution order and not pending order

Cable Update (GBPUSD)

There is nothing wrong going long at a confluence of support when a promising buy setup is sighted . As long as the risk of trading is carefully and properly managed, there is no cause for fear . There is no certainty that any particular support or ...

Cable Update (GBPUSD)

Hourly char closed below 1.25xx, and dxy looks very bullish. I placed a sell order on GU @ 1.2980 stop loss @ 1.2520.

Cable Update (GBPUSD)