Can't believe I achieved such result in a short time, if this goes on, I can quit my regular job in 8 months and get my BMW, it's considered luxury car in my country.

Cable Update (GBPUSD)

That's a new way to look at things, refreshing. I am adopting similar concept now, I generally stop after 1st winning trade for the day, rarely enter 2nd one unless strong opportunity, if 1st trade lost, 2nd trade likely will win it back, else worst ...

Cable Update (GBPUSD)

TP Hit, Lord Bogdanoff is pleased, I will continue to sacrifice 1 drop of blood per day to Lord Bogdanoff.

Cable Update (GBPUSD)

Lord Bogdanoff says "Dump It." Entry 1.22214, SL 1.22395, TP 1.21941

Cable Update (GBPUSD)

I see, thanks for your insight, I assume you are employing scalping method, every little pips matters a lot to you. As for me, I can't say I am the scalping type, my SL generally minimum 20 pips, averaging 30-40 pips, sometimes can go as high as ...

Cable Update (GBPUSD)

May I know why did you open the same position multiple times? My best guess is that, multiple 1.95 lots actually equals to your acceptable risk per trading session (for example I am willing to risk 1.00 lot per trade, so I split them into five 0.20 ...

Cable Update (GBPUSD)

TP nicely hit a moment ago, the trade was in loss for quite some time after entering but never broke below the daily pivot, which is my SL, and rebounded nicely to hit my tp. Long term Bullish trend is further solidified.

Cable Update (GBPUSD)

Today's 1st trade was a winner, entry 1.21656, SL 1.21950, TP 1.21215. Valid Short due to rejected price level of 1.21840 many times and made a bearish engulfing after London Opens, also rejected off important daily level of 1.21902. High conviction ...

Cable Update (GBPUSD)

Today was exciting, as per my own trading rulebook, took a long (entry 1.20372, SL 1.20398, TP 1.21231) 9 hours ago which ended up hitting my SL, in hindsight I should have exited halfway and take a Short due to rejection at 1.20908 - 1.20825 yellow ...

Cable Update (GBPUSD)

How long is this circus of sideways will last? My position keep switching between in profit or loss, but never take out my tp or sl. But it can't be like this forever, price will need to break 1 way or the other. Guys any idea what's causing this? ...

Cable Update (GBPUSD)

I always calculate the daily pivot in advance before London opens, so i know what to expect, i only trade after London opens. Pivot range is 1.19854 and 1.19905. Coincidentally the pivot range happened to be the low of yesterday, feels magical isn't ...

Cable Update (GBPUSD)

It's been 2 full forex weeks for July, time for a new long term pivot for the 2nd half of the year. In the ACD book I read (by Mark Fisher), a 2-week pivot on January will last for 1st half of the year, and need to use a new 2-week pivot when comes ...

Cable Update (GBPUSD)

Alright, this GU is getting into my nerves now, almost hit TP then reverse like a chad... Not yet hit SL, but not looking good at the moment, when will this ugly price action patterns stop?

Cable Update (GBPUSD)

I've been hitting quite a lot of SL during the past many days of ugly sideways, chopping here and there, big swings, some positions were supposed to hit TP but end up in SL first, it was frustrating. Been a while since there was any clear direction ...

Cable Update (GBPUSD)

Continue the dump!

Cable Update (GBPUSD)

My conviction is high to the downside, already making new lows now, today's high tested the support of sideways trend that lasted many days before, then the test failed and reversed to downside, confirming as resistance. Lastly it hit my Point A ...

Cable Update (GBPUSD)

Ongoing sell trade looking good, after taking the Short, it bounced a little bit back to the upside and then lost momentum and continue downwards now. New lows incoming. TP = 1.29767, my trades generally hit TP on the same day or next day.

Cable Update (GBPUSD)

Hmm, no one knows the future, and I do not bother to predict the highs and lows, if I see a valid setup, I take it, and just set my TP that is 1.5x of my SL and that's it. If I am right, TP is reasonably easy to hit, sometimes shoot past my TP by a ...

Cable Update (GBPUSD)

Finally, we are out of the dreaded sideways trend and have a clearer direction now, zooming out we officially made a new low, it even retest the bottom of the sideways horizontal line perfectly (1.30525), now support turned resistance. I look for a ...

Cable Update (GBPUSD)

In the zoomed out pic, it can be clearly seen the support is just not willing to break, but the same can be said for resistance as well, we're in an ugly ranging market for GBPUSD, I have not hit so many times SL before. Today the price reached the ...

Cable Update (GBPUSD)