its already hit on the first bounce down 1.8345 i had bigger lots compared to my account margin so +25 pips were okay compared to -65!!!

Cable Update (GBPUSD)

but why?

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thank you god... was waiting all night long for this to go down.... at last hope many of you feel relief like me

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i realized a funny things you know you can open 2 hedged trades at the same price that way you can find it easier to close one and take small profit on the other lol what do you think

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wew the market got sleepy

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lol i like the word horrible

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oh boy wait, i was looking at the USDCAD chart and talking to you lol let me correct again its the 23% of the last 4H up trend and the 38% of the daily up trend i put it correctly now hehehe

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it is the 23% fibonacci of the 4H down trend and the 61% of the daily up trend and its the daily that counts most (edited)

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hello guys to everyone who is short, better set a trailing stop because 70 is a strong daily support

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yeah all the currencies seem to range in narrow prices.. the breakout is gonna happen sometime

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god man, im trying to trade 10 pips per trade on bigger lots... with cable this strategy makes your heart beat fast because the fucking price is dancing

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everyone is either sleepy or broke today

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im not setting stop losses now in this new strategy.... i enter around pivot points and fibo levels which could be seen quite often during the day

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you should look at all time frames/at all rsi's/ and at all fibonacci levels not only the 5 minutes chart... beware

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thats what im doing as well. 10 pips/ bigger lots per trade new strategy. but its very dangerous if you enter in a wrong time/place best luck guys

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0.1 pip is not scary

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how many lots open???

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lol yeah thats the advantage of having a losing trade. you will not be scared to open an opposite order and take profit lol but dont get yourself into trouble

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it will retrace but i dunno when and i dunno how much but later maybe after 1 week or so you will surely see your position again..... but for now all i can see is up and then retrace

Cable Update (GBPUSD)