Thanks, I will wait for the pull back then look for a good spot to short seems to be the way everyone is going!

Cable Update (GBPUSD)

I'm out at break even

Cable Update (GBPUSD)

I just trade what I see....occasionally I get it right

Cable Update (GBPUSD)

Waiting to see if price will move higher. I've moved my stop to break even now.

Cable Update (GBPUSD)

If price can break 1.5575 then I will hold onto my long, if not I'll take what I can get.

Cable Update (GBPUSD)

Yes your probably right, however I trade on what I see and if the candles say go long then I go long. I trade with a tight stop loss and try to get to break even as soon as possible.

Cable Update (GBPUSD)

I'm seeing 1.5522 as offering some support based on April swing high. Also 15m chart looks like a couple of good looking bullish candles. I'm currently long from 1.5539 SL 1.5519 See attached Daily chart

Cable Update (GBPUSD)

Good time to go long I think

Cable Update (GBPUSD)

Sorry mate I can't predict the market, whenever I try I always get it wrong!! I just try to trade what I see. I set up a trade based on levels that I think might offer some support or resistance then I watch the market at that level then make a call ...

Cable Update (GBPUSD)

Yes I agree, if price hits 1.5625 then reverses, I think we should see some good downside action.

Cable Update (GBPUSD)

On lower time frames such as 5m or 15m charts I watch the price action when it gets close to the level I'm interested in. Then I'm looking for pin bars. Price making a higher high then quickly reversing leaving a long wick at the top. I still don't ...

Cable Update (GBPUSD)

Hi the key resistance levels I see today are 1.5649, 1.5730 and 1.5840. I will be looking to short at these levels based upon confirmation of a reversal. See attached daily chart

Cable Update (GBPUSD)

I'm selling again at 1.5788 trying to get my 15 pips back

Cable Update (GBPUSD)

I'm out -15 pips

Cable Update (GBPUSD)

[quote=bbakker;4198377]Long order created Entry: 1.5675 SL: 1.5642 Out of interest, why did you choose that level as your entry?

Cable Update (GBPUSD)

You're probably right re the stop loss I'm sure we'll know in the next few minutes

Cable Update (GBPUSD)

Hi I've just gone short from 1.5757 tight SL 1.5772

Cable Update (GBPUSD)

To me daily chart looks bearish. I'm looking to short soon

Cable Update (GBPUSD)

I'm waiting to see if we can break 1.5757. Then I will look to short. Unfortunately I've missed a couple of entries today been trading kiwi instead.

Cable Update (GBPUSD)

I'm out with +10 pips

Cable Update (GBPUSD)