Sell Limit. #15. — Still waiting to open. 2 hours ago it got to within 8 pips of opening. If it had opened it would have hit TP 30 minutes ago. It stays in place. Ah well, it can't happen every day.

:: Cable (GBPUSD) Trend Trading ::

Buy Limit. #13. — Now at open loss of 40 pips on each of 5 long. Last 1.9757.

:: Cable (GBPUSD) Trend Trading ::

Thanks for the feedback Francois! — Glad to help. Thanks.

:: Cable (GBPUSD) Trend Trading ::

Buy Limit. #12. Opened. — Last 1.9755.

:: Cable (GBPUSD) Trend Trading ::

Happy enough Martin. — But it is for 5 lots each time so in fairness it's not so great IMO. But I needed the 5 lots to make it safer. And it is a lot of work. It amazes me the amount of effort put in as a day trader to achieve that. Just be ...

:: Cable (GBPUSD) Trend Trading ::

Weekly Summary. — 6 closed trades this week for 120, 156, 108, 101 and 160 pips on 5 lots on each occasion. And a loss of 200 pips for 5 lots. 545 pips for the week so far. Got back the small loss from last week which brought me down to 703 ...

:: Cable (GBPUSD) Trend Trading ::

Buy Limit. #13. — 17 pip open loss currently. 1 Buy Limit and 1 Sell Limit waiting to open. Last 1.9780.

:: Cable (GBPUSD) Trend Trading ::

My digestion will be eased. — I've selected the part which I'll remember tonight over my jalfrezi. Thanks and bye to you all and particularly everyone who took the trouble to post. All views welcome. After all, I haven't got a clue!

:: Cable (GBPUSD) Trend Trading ::

I've done all I can for the moment. — So that's it from me today. I'm off for a great Indian meal at Brad Pitt's favourite Indian restaurant in the world! It's got to be true. The owner told me. See you all in 13 hours. 18 pips in the hole for ...

:: Cable (GBPUSD) Trend Trading ::

Great to see you here enoc2g. — I haven't noticed you around before and with your post count I should have. I put it down to age. Thanks for your clear well thought out view. Personally, I'm finding this tough right now because it doesn't fit ...

:: Cable (GBPUSD) Trend Trading ::

I agree. — But for my part I don't want it to happen again. I remember the misery it caused - then I was in banking. Apart from that I've still got 1 house left over from that 1989.

Cable Update (GBPUSD)

OK... — Got the first one near enough. Will we go to 1.975 now?

:: Cable (GBPUSD) Trend Trading ::

Not quite. — Low was 1.9770 here. Don't you just love profit taking?

:: Cable (GBPUSD) Trend Trading ::

I may get my wish. — Last 1.9772 - a low for the hour finishing in a couple?

:: Cable (GBPUSD) Trend Trading ::

It's funny! — I'm sitting here long and hoping it'll drop further to open my other Buy Limit at 1.9755. Sadistic or what? 5 open long in the crap for 16 each currently. Last 1.9781.

:: Cable (GBPUSD) Trend Trading ::

New low for the hour. — Last 1.9777. But I wasn't confident so I didn't go with a Sell Stop. I am surprised at the speed.

:: Cable (GBPUSD) Trend Trading ::

New Sell Limit. #15. — 1.9835 SL 1.9875 TP 1.9755. Last 1.9789.

:: Cable (GBPUSD) Trend Trading ::

LOL! — :surprised

:: Cable (GBPUSD) Trend Trading ::

A bit quick!!! — Last 1.9787. Now in the hole for 10 each on 5. Par for the course. Low 1.9780.

:: Cable (GBPUSD) Trend Trading ::

Why? — The 30-min RSI was supported by a rising trend line. Now below 1.981 look for further downside to 1.9775 & 1.975. image

:: Cable (GBPUSD) Trend Trading ::