Closed both longs at 1.4981 (+55 pips) Bulls seem losing some strength.....

Cable Update (GBPUSD)

1.5049 would be nice for me.....

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added long @ 1.4968 SL for both 1.494

Cable Update (GBPUSD)

No idea, I have an open target if we reach those levels though I'm temped to say we reached a break of the bear-trend and entered a bull-trend. As long as 1.494 does not break south I honor my (stupid) name again and remain a GU bull, otherwise I ...

Cable Update (GBPUSD)

No I'm long as from 1.494 and plan to stay as long my SL doesn't take it..... I use all but my main TF for final descissions is H1

Cable Update (GBPUSD)

Agreed but just look at EUR/USD almost 100 pips down, normally this would bring GU near 1.48 My guess is it will fly, prob we will know soon, keeping my SL @ 1.494

Cable Update (GBPUSD)

Eventually we will I think, question is trough which path. On a little more macro level it is important now if we see clear strength above 1.50 which would turn the bear-trend (daily/weekly/monthly) into a bull-trend. On micro-level its anybodies ...

Cable Update (GBPUSD)

Waiting for the 1.50 break now: H1: image

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Moved SL to BE

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SL @ 1.4900 Target is open.....

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Long @ 1.4940

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1.4940 (previous top) or 1.4910 (DPP) could be levels to re-enter longs. Not playing the retrace though.... M15: image

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Reached, out for + 140

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Placed limit for both @ 1.499 and going to sleep. Goodnight everyone....

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Always difficult for me to explain elements are: 1. Previous top 2. Market psygo 3. very clear bull-flag on EUR/USD 4. growing confiction

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added long @ 1.4939 SL for both 1.49

Cable Update (GBPUSD)

not sure, read ams message, I tend to agree he just worded it better then I can.... If and only if we break 1.50 descisively daily/weekly/monthly bear trend could turn as a whole, not saying it will but worth to take in consideration....

Cable Update (GBPUSD)

SL @ BE

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Long @ 1.49 let's see if it is a scalp or something else.....

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Auslanco - GBP/JPY and GBP/USD (newstrade) is great but more GJ related. Guess the more people in it the more destracting rubish, although the ignore buttom works great....

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