In at the same trade as you bro and holding on. We may see a retest of 1.6490 first though before the next leg up so my stop loss is 10 pips below that.

Cable Update (GBPUSD)

Thanks, I'll take a look Always good to shop around, haha.

Cable Update (GBPUSD)

Hey Nav, which broker do you use bro? If you don't mind me asking.

Cable Update (GBPUSD)

Expect some strong support at 1.6490 though, that's a key area for me. If we break that my bias becomes bearish, if not, bulls will stay in control tomorrow for a possible retest of the 1.6700 level again. Personally I'm looking to add to my longs ...

Cable Update (GBPUSD)

See bearish divergence on MACD, closed all trades for some decent profit.

Cable Update (GBPUSD)

Price respected bottom trend line as expected (and hoped). Lets see if 1.6433 level can hold as support now on the retrace. If not will take half and move SL to BE for the remaining half with TP at 1.6483.

Cable Update (GBPUSD)

Bullish — Tough week so far for sure guys, too much volatility for my liking. We had a break to the downside of the uptrend channel earlier so loaded up on shorts only to see it reverse back up again. We are back in the uptrend now though, so ...

Cable Update (GBPUSD)

Wait to see how price reacts at around 1.6455, hopefully we get a bounce

Cable Update (GBPUSD)

Hey everyone... The market is following a nice downtrend channel on the 15m chart today. Entered short at 1.6555 (first yellow circle) after we got the nice bounce which is now the top of the major trend channel (blue line). My first TP (50%) was at ...

Cable Update (GBPUSD)

Good call, care to explain why you shorted from 1.6275? Been having trouble with my entry points as of late and you seem to be getting them spot on

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Yeah, im short from 1.6260, 1.6170 is holding though Hope it breaks that level SL moved to BE

Cable Update (GBPUSD)

That's looking like a good re-entry I expected it to break that resistance level after such a big move down but so far she is holding. Hope it works out for you I'm looking to short again around the 1.6260 area.

Cable Update (GBPUSD)

Thanks my man, your analysis def helped confirm what I was thinking so always appreciate your input to this forum Can see a bit of a retrace though so looking to short again a little higher. Lets right this baby down further.

Cable Update (GBPUSD)

Sure did, +200 pips in a few minutes. You are king! Good call man

Cable Update (GBPUSD)

Thanks my friend. Am waiting for PA to at least close above the 5EMA on the 15min before even considering a short but so far its still heading south. Patience where are you? Looks like Queeny will have to put off her shopping spree in the US for a ...

Cable Update (GBPUSD)

Any ideas where a good re-entry on a short might be? So far no pullback in sight, the bears have been relentless today! This is more to do with the dollar strengthening, you agree? Oil has had a similar fall.

Cable Update (GBPUSD)

Scalpers market at the moment...cant decide on a new high or a new low for the last 2 days now. This sideways movement is annoying. Hopefully it will make up its mind soon and preferably continue with the trend to the downside Holding shorts from ...

Cable Update (GBPUSD)

Still holding onto shorts, SL at BE. If the next 30 min doesnt close below the 5 ema I'm out of shorts otherwise staying in with TP at 4580. Bulls are stong today!

Cable Update (GBPUSD)

Well we are going against the trend so I'm a little careful. I'm thinking 1.4598 is about right but we could see as low as 1.4500 if we break that. I'm moving my SL as we move down to lock in profits. Good luck!

Cable Update (GBPUSD)

Mine was too, but its reached top of channel so I think we should see a retrace now. Already got 30 with SL at BE so no biggy. We will see how it plays out.

Cable Update (GBPUSD)