The shorter timeframe 200 EMAs are consolidated and all the MAs are sideways to converging. The spring is being wound tight. Waiting for the pop.

Cable Update (GBPUSD)

wise words — Hi W. Those are some wise words. 80% accuracy is great, and you walked when things didn't look right.

Cable Update (GBPUSD)

very cool — That is very cool. I'm very happy for you.

Cable Update (GBPUSD)

stick to the plan — I put the yellow boxes in this chart yesterday prior to the first box. Not a perfect plan, but certainly profitable. For reasons I now understand, I did not follow my own plan. Less the richer, but more the wiser. I'm ...

Cable Update (GBPUSD)

Thanks kill! Much appreciated. I'll follow up.

Cable Update (GBPUSD)

Hi kill. Could you explain how the indicator in your charts works? Also, I'd like to understand why you don't have a ltl off of the 7 June bar, which would create another wedge. Thanks for your help.

Cable Update (GBPUSD)

It's all good. I'm certainly in no position to say who is right or wrong. Just putting my thoughts out there to force myself to think things through and be disciplined. Best of luck to you!

Cable Update (GBPUSD)

not long yet — I'm waiting a bit for a long. After a 200 plus run, I would expect a fib back to at least the 4500 to 4525 area.

Cable Update (GBPUSD)

Too funny. Great timing - I just saw the move 21 a couple nights ago.

The WoRmHoLe

Cable stalls at 14600 as EU hits R2 and H5. I'm out at 14587 - happy with these pips from 14501 and 14550

Cable Update (GBPUSD)

The road less traveled is often the high road.

Cable Update (GBPUSD)

current postion — Long at 14501 and 14550 SL @ 14480 TP1 @ 14625 Would like to see the Weekly PP hold, but a correction to the 14522 - 14500 area isn't out of the question.

Cable Update (GBPUSD)

Long at 14501 and 14550 SL @ 14480 TP1 @ 14625 Would like to see the Weekly PP hold, but a correction to the 14522 - 14500 area isn't out of the question.

Daily Cable Vision

Neckline broken - stop hit. Will look for a pull back to the 200 for a long.

Cable Update (GBPUSD)

Good stuff Magix A tug of war. I played the M1 cross of the 200 up for 22p. Then went short at the M5 200. Given the time of day and a Cam, I'll stick with the trend at that level - until the market decides otherwise

Cable Update (GBPUSD)

I hear ya - been there done that. FX just isn't the same as trading option credit spreads . I did demo for quite a while. It's just not the same mental game. It's sort of like practice swimming on land Many thanks C.

Cable Update (GBPUSD)

You got it C. Thanks I'm trying to take the time to understand what's going though my head. Need to understand what thoughts are behind my wrong actions. Can't change the behaviour without fixing the the root cause - the thoughts. So need ...

Cable Update (GBPUSD)

Thinking out loud — I'm working through one of the mind games (mind f's) of trading. I could walk now and say, "Ok, got 50 or 60 pips - not a bad day so far." But, that would be deviating from my trade plan, because I'd have exited before my ...

Cable Update (GBPUSD)

EU is saying, "Hey, wait for me!"

Cable Update (GBPUSD)