I am proud with my self today...I rarely manage to sit on my hands that long...that is something that I should work on...waiting for new home sales news about the USD

Cable Update (GBPUSD)

Sitting on my hands as far as GBP/USD is concerned. Remain flat, after closing my EUR/JPY trade with minor gains...We will see how the things will develop in NY Session. I am not seeing much activity for the moment...we will see.

Cable Update (GBPUSD)

Thanks man...I bookmark this post, and I will commit all my time to follow this advice. This is best advice that I ever read, in those 2.5 years that I work fx... One detail...what is TL's??

Cable Update (GBPUSD)

It is mate....but in the lack of the developments on the gbp/usd... My apologize...I will keep the posts on topic from now on...

Cable Update (GBPUSD)

there is support level on my daily line chart on 112.29...if the price break trough this level, road to the 111.60 level is clear....100 EMA on 4h chart is slightly above 111.60, so I am planning to manually cut the trade if the price hit the 100 ...

Cable Update (GBPUSD)

I was thinking of shorting the gbp/usd, but eur/jpy offer better opportunity on 4h chart, so I short the EUR/JPY... Pair was rejected from the 112.96 level which is S/R level on my daily chart, on 4h chart I get bearish engulfing pattern, so I enter ...

Cable Update (GBPUSD)

Don't know about the others...but I am here..

Cable Update (GBPUSD)

It was just an idea man ....Later I switch on daily chart, and guess what...price is touching 200 EMA right on this level... So I am off and out for today. Have a nice weekend to all.

Cable Update (GBPUSD)

I am thinking of buying the cable if the 1.5370 area holds on hourly chart. Any thoughts?

Cable Update (GBPUSD)

That is exactly the place where my TP is mate...right on 100 EMA on 4h chart

Cable Update (GBPUSD)

If the price reach 1.5473 level, and IF i see any signs, I may join you. Note that word MAY is the keyword in the above sentence. In the mean time, I will just watch my eur/gbp short trade...

Cable Update (GBPUSD)

I can't agree more on that...

Cable Update (GBPUSD)

I have forex.com account and yes, there is a small gap on 30 min chart. I am natural short trader, over 85% of my trades are short, but I can't see any short trade on GBP/USD right now. That's why I short EUR/GBP

Cable Update (GBPUSD)

I see news about GBP on economic calendar on FF, so I will sit on my hands until then

Cable Update (GBPUSD)

Thanks cvcamper and mdiz2. Advice taken. Trade closed. You are both right. It's simply not worth to remain wake up all night long. Thanks again guys. Good night.

Cable Update (GBPUSD)

Still holding on that short trade...It seems that I will have one more sleepless night..-13 now

Cable Update (GBPUSD)

My short position continue to look murky...still on -25 I will wait for this candle on 4h chart to close, and I will decide if I will cut the looser short or maybe to keep the trade alive...let's see...

Cable Update (GBPUSD)

Business meetings mate...I am rarely out of the office, but today was an exception. I am still holding my day job. I am an software engineer, but I work as web developer for over 15 years now...

Cable Update (GBPUSD)

Thanks man...I really appreciate your willing to share your knowledge..same is true for other people on this thread.

Cable Update (GBPUSD)

Can you tell me on which level is pivot? Is it daily or weekly pivot point? Also, if you don't mind to share of course, you are watching weekly candle, and if is up, you are taking only long trades on the pair, or...? Still learning here...while ...

Cable Update (GBPUSD)