No single one hourly candle has closed below 1.2700 area and this suggests a significant support and that area is really worth to watch.. As long as that area stands to support price , I will be looking for good area to go long on gbpusd ( though ...

Cable Update (GBPUSD)

Trading is sometimes like that, it cannot be wins all the time . There are times market humbles traders no matter the level of trading experience. He who fights and retreats live to fight the other time. Take care sir

Cable Update (GBPUSD)

The bulls appear to be defending 1.2700 area and if they have their ways , I remain bullish on the cable. I need to get the presence of the bulls reasonably confirmed before riding the plane northward

Cable Update (GBPUSD)

Yes, that could be right but there is need for market to do slight correction of recent uptrend before resuming northward move again

Cable Update (GBPUSD)

Let us wait and see what eventually happens at the close of the daily candle for today

Cable Update (GBPUSD)

As long as 1.2345 support level holds, I remain bullish on the cable and any pull back is an opportunity to add more longs.On intra-day basis, I see the possibility of going upward as long as the daily pivot level 1.2461 supports the price.

Cable Update (GBPUSD)

The best approach to trading volatile news is to be patiently reactive and not predictive

EURUSD only

Market is bigger than any trader so , no trader can precisely tell you what price must do next. Every information we receive from the chart is processed into probable outcomes. It is better you follow your own plan and carefully manage the risk of ...

EURUSD only

If market has humbled you because it did not work out as you planned , accept the loss and close all positions. Wait until FOMC takes place , after the dust is settled, look for opportunities and you will recover your loss steadily . This is better ...

Cable Update (GBPUSD)

If 1.25xxx could not hold and the price comes down to 1.249xx, I will be loading more short and take profits at Daily support 1 @1.2454

Cable Update (GBPUSD)

The market is damn quiet , so patience is a virtue here , remember the patient dog eats the fattest bones

Cable Update (GBPUSD)

Those of you buying GU , manage your risks carefully . In fact you should risk small. I am not comfortable with buy of GU now . I see that short rally as an opportunity to sell at a good entry point .

Cable Update (GBPUSD)

The overall trend is down but pull back is a possibility in between . My bias is neutral now . I am not just comfortable going long on GU for now

Cable Update (GBPUSD)

It looks like GU os playing according to what I have on the table . As long as DXY comes below that level , GU will definitely move up

Cable Update (GBPUSD)

It is a pull back , I expect daily pivot level around 1.2519 to hold the price up provided DXY succeeds in trading below the resistance support level around 102.99

Cable Update (GBPUSD)

where are the short trades yo took some hours ago ? has your bias changed tom the upside ?

EURUSD

Time has proved me right on what I said that the bias of GU is upward when more than 98% in this thread were saying sell. The lesson here is to believe in yourself and follow your own trading system

Cable Update (GBPUSD)