Went long at 1.2517 at the previous 4h close as I noticed it didn't make a lower close than the previous lowest 4h. SL at BE just in case..

Cable Update (GBPUSD)

Double bottom and bounce up to 1.261?

Cable Update (GBPUSD)

I think normally yes but the dollar is acting as a risk-off currency and good US economical news = market favours riskier currencies like GBP (I may be wrong this is how I understand it given the current situation).

Cable Update (GBPUSD)

And M30, let's see ! edit: Looks like it broke. I am short from 1.2621 targetting 1.2574 around the 50% retracement level. edit2: Wtf!

Cable Update (GBPUSD)

Looks like there's still some buyers around, I've gone long after second bounce from 1.2594 TP @ 1.2622 SL @ BE as I don't trust it to stay up..!

Cable Update (GBPUSD)

Similar level of support as Friday's bounce before returning to 1.266X

Cable Update (GBPUSD)

H&S Setup on M5?

Cable Update (GBPUSD)

Anyone thinking 1.268 is posible?

Cable Update (GBPUSD)

Looks like it will reach the daily PP at least.

Cable Update (GBPUSD)

I'm also long, targetting 1.264X but will be hoping it goes to complete the ABC to ~1.27 mentioned in thatguy22's analysis

Cable Update (GBPUSD)

Same here, what are you targetting?

Cable Update (GBPUSD)

Great call!

Cable Update (GBPUSD)

Absolutely. Yes only 0.01 for now as I'm also very new!

Daily Trading Ideas

Thank you. I took a similar position but just 1 order so will get out at 3060-70. Let's see what happens !

Daily Trading Ideas

What's your TP?

Daily Trading Ideas

Excellent call, I followed this advice and sold 0.10 @ 1555.35, TP @ 1549.99 thank's Akim!

Daily Trading Ideas

Thank you both for the great advice and good wishes. I look forward to continue to listen and to learn from you all.

Daily Trading Ideas

Same here, I stupidly kept moving my SL up and I got fried! Need better risk/money management.

Daily Trading Ideas