Going long now, Looking for a scalp... Made some money in the short side so only risking part of today's profit..Entry is 1.5402. I am trying to pick the bottom.. EDIT: scratching the trade here for couple pips loss

Cable Update (GBPUSD)

Getting out of shorts +18. Staying flat

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Yes it does. I am looking for a better place to add more to my shorts..

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Thank you bee.. I might add to my other half later depending on the price action...I still see a lot of weakness in this pair.. Looks like no one is buying this.

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Taking half off for a 25 pip profit..Will keep the other half

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Thanks for that man..I was going to add more at that level... The price action is very tempting..Have not added any...

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This time i am not with you.. I am short 1.5452.. Anyways Good luck.. I do not see the upward strength i saw last week in this pair

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Yes, I am still fat.. but this looks like a slow bleed..

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Tempting to go short at these levels.... what you guys thinnk??

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Did you close the longs you had open past Friday?.. I was long too, and i was afraid to get margin calls when the biatch took a dive down on US news.. The move up after the dive saved me.. Now i am back to playing small lots as per 4x lady's ...

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Hope the shorts are having a lot of fun now..lol

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Wrong guess no stop loss yet.. I am watching... added more to my longs at 1.5480

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I normally look the daily and as it appears now it can go either way. Cannot tell which way its gonna go looking at the current pattern in the daily I usually don't check H4, but i did now and the pattern is bearish, i guess.. I took the position ...

Cable Update (GBPUSD)

Why are you bearish? I am with fxoxford... I still see a lot of strength in this pair.. My longs got stopped out today morning.. But i am loaded up again long....I cannot see this going down below 1.5490 we will see after the US news..

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Sure.. it stopped me out, now it will go north...

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I never tried hedging as the way you define and do not want to try new strategies in the middle of the game...

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Hmmm Its gonna get me here, i guess.. Where did all those buyers at 1.5510 go??

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Thanks for the idea... I don't think i will hedge.. I would rather take my loss.. I am risking my whole month's profit plus around $200 from my capital provided i close this trade at 1.5500....My plan is to close this immediately after it breaks the ...

Cable Update (GBPUSD)

I am also long..I have a piece at 1.5515 and another at 1.5545 and another at 1.5580....Total 4 standard lots.. Thats a lot for my small account.. The only thing keeping me to hold on to this position is all the big buyers around 1.5510-1.5520 ...

Cable Update (GBPUSD)