Breakeven. Running at a loss today. Shorted at an upper TL on cable, stop to BE

EUR/USD 15m trendline breakout

Possible movement for the next couple hrs. Trade carefully it's Friday anything can happen. Dont see any strong set ups at the current time just speculation

Cable Update (GBPUSD)

We touched 1.40 and currently at weekly R2. It can easily correct from here, holding short from 1.4002 with stop at BE, breakout below this channel could mean bearish correction day before back up. Also WR2 could reject as well and take me out BE. ...

Cable Update (GBPUSD)

Agree, of course its a volatile pair and its Friday and could easily drop down to 1.39 before back up Posted this a while ago, this is Gilts IE UK govt bonds, blasted through a monthly resistance last week. I can't see this trend stopping until the ...

Cable Update (GBPUSD)

Its because gilt yields are shooting up I think, people are offloading UK govt debt like crazy. Its heading towards junk status if they're not careful. It will keep going until the BoE intervenes That said I just sold 1.4002 stop to BE, TP open, key ...

Cable Update (GBPUSD)

-12 EU Sold cable round number/channel 1.40 Expect corrective phase from these levels, I'll ride it until I see signs of bottoming. To think I had a trade in at the bottom of this rally to the pip and only took 30 pips of it, and here we are at 1.40 ...

EUR/USD 15m trendline breakout

Closed BE Sold EU

EUR/USD 15m trendline breakout

Waiting for the hammer to fall

Cable Update (GBPUSD)

Sold cable here Top of a wedge/double top on resistance potentially. Edit- jumped the gun a bit- should drop here, lets see

EUR/USD 15m trendline breakout

Gold went up 10 bucks to the pivot then headed down again, it may get stopped BE, possibly it will go down to 1764 Watching this second test of resistance develop on GBP. 0.382 would have made a good long EDIT out of Gold with 20 pips

EUR/USD 15m trendline breakout

Bought it at 1770 again, lets see. Looks to be double bottoming

Cable Update (GBPUSD)

I bought gold at 1770, looking good so far, same justification as the last buy and double bottom forming

EUR/USD 15m trendline breakout

I took profit, 0.382 fib Weekly R2 was the level, hit it to the pip

Cable Update (GBPUSD)

Took profit on cable, 30 pips. Good profitable day when I include the overnight Gold trade. The cable short this morning was dumb, it is what it is. ARGH- took profit too soon, I thought I was taking profit at 0.382 but it was a previous fib.

EUR/USD 15m trendline breakout

I consider this a nice sell on eur but i'm fully margined on cable

EUR/USD 15m trendline breakout

No, i'm short from 1.3970, upper TL/channel, Weekly R2, daily resistance, divergence, ABCD, prepared to exit at BE if it shoots up again.

Cable Update (GBPUSD)

Note it was weekly R2 on cable that provided the final resistance, reversed on it to the pip.. these weekly pivots are powerful levels

EUR/USD 15m trendline breakout

Gotcha. I only use MACD for divergence. I'm a scalper looking to enter around extremes of price so I want to get in before the move happens. If I wait for MACD to catch up then I miss the move. And if I pick my entry wrong I close quickly, I don't ...

EUR/USD 15m trendline breakout

A lot of traders will be closing longs here which means selling pressure. Round numbers are good places to trade imo, the rounder the better. It is a self fulfilling prophecy, people close at them because they expect others are doing the same

Cable Update (GBPUSD)

I'm not sure what you mean can you explain

EUR/USD 15m trendline breakout