I did follow my plan. I did risk a bit more on the last trade that was not my usual risk but was acceptable. worse case I would have two loosers in a row but never four. I guess its all part of experrience. I just had to wait a very long time for it ...

Cable Update (GBPUSD)

I thought 1.5560 was a good entry point for a short. I got 1.5558. I just mentiond to forexaccent that Im wilth him on the direction. Did not take the trade because he did.

Cable Update (GBPUSD)

TauTrader makes sense about the market price will go where the player's want it to go. The question where do you find this information. When he says look deeper I think he means do more research. So where are the best places or sites for this ...

Cable Update (GBPUSD)

Interesting advice. so if you dont use suport and resistance and, trends, counter trends, fundementals and all the other indicators what else is there. When you say look deeper, what do you mean. Sounds more spiritual to me. There my be a few of ...

Cable Update (GBPUSD)

I think you spot on on overthinking it. I do trade what I see but had 4 trades losses in the row. Just a bit fustrated. Anyway great advice and thanks.

Cable Update (GBPUSD)

Hi 70 to 100 pips stop loss usualy is more than enough at desent entry points. You may be right about the lot size I can make it smaller. I dont think the size was too big as I can handle the loss. I dont usualy swing trade as dont like to wait for ...

Cable Update (GBPUSD)

Verry unpredictable lately. I did not think it would reach m4 piviot today as I thought the high of 1.5594 but just blew past it after a run down. I have been caught quite a few times lately even with 70 pip stop losses. Good example the move on ...

Cable Update (GBPUSD)

thats it Im out of my trade with -80 pips due to the suddon move up. No more this week

Cable Update (GBPUSD)

lol... sure thing

Cable Update (GBPUSD)

I am with you. Short at 1.5558. Good luck to us as it seems sometimes that luck is needed.

Cable Update (GBPUSD)

Thanks for the explination

Cable Update (GBPUSD)

The song says going up but the bulk of traders are short. That the way I read it.

Cable Update (GBPUSD)

LOL. Verry true.

Cable Update (GBPUSD)

aaarrrr got stop out. Happy for you chaps that were short. make some good pips

Cable Update (GBPUSD)

Looks like we the only ones going long. My SL nearly reached @ 1.4995. I think we trading against the rest of the world.

Cable Update (GBPUSD)

added another position long @ 1.5035 gbpusd tp=1.54000 sl=1.4995

Cable Update (GBPUSD)

Taken a possition long @ 1.5060 tp=1.54000 sl=1.4975 just under the weekly S2 pivot

Cable Update (GBPUSD)

been away from trading for a bit and I see its been quite here. You chaps must be making load of pips.

Cable Update (GBPUSD)

There was a low of 1.4831 on the 12th March this year. But short 1.5500 sounds good to add to my posission short right at the weekly central pivot

Cable Update (GBPUSD)

10:30am GBP BOE Gov King Speaks tomorrow. when Mr king speaks with double negatives the pound usualy suffers. Im short with you. Also USD GDP expected to be the same so more bears will get in and push it lower

Cable Update (GBPUSD)