So what are you doing now? Are you buying now? 30 Pip drop. What are you doing now? Is it with or against the trend?

Cable Update (GBPUSD)

Just for the stats, got out all - 1/4 of normal trading day with my shorts, so almost no loss but It was on the limit. I was down 6 days of trading in the high. Stats: Worst drive up since 4 Months on regular retraces, Worst drive up since 7-8 ...

Cable Update (GBPUSD)

Haha, that move currently is funny. Welcome back to the last movement days.

Cable Update (GBPUSD)

I also creeped in a bit current short avg. 1.27955, let's see if we all get busted to the upside, lol

Cable Update (GBPUSD)

And have you looked on daily? I'm an intra-day trader. If you would have read my posts carefully you would have seen that I'm talking about about last days intra-day. Cheers

Cable Update (GBPUSD)

Yeah, big question is now: Do we go from here to 1.2815's or do we go down to 1.2760's area? I have no clue. Volume to upside is gone, easy to fill, correction still going, 1.2760's should be in range. So: no trade for me

Cable Update (GBPUSD)

Currently, in that moment, we have a nice trade option: Buystop at 1.2798 and sell stop at 1.2781, lots of fakes inside already. I traded that system long time ago, always double down if I got a loss. Example: 1 minilot long 1.2798, SL hit 1.2781 ...

Cable Update (GBPUSD)

Closed 1.2784, almost 1/20 again for the day. I think sideways between 1.2795 and 1.2782 will soon end. No more postions now for me before breakout of that range.

Cable Update (GBPUSD)

He meant that it is rare to have such a HIGH drawdown in 2 days cause market had no big correction like normally. It is out of sync currently, you can see that on the PA also, last hour was ok- I repeat myself, sorry for that. Current short again ...

Cable Update (GBPUSD)

I think you have not even understood what I was talking about. Of course the market changes. The probabilities of your trading outcome changes with that. That is the reason why systems work better and worser. Anyway, made 1/20 of day trade aim again ...

Cable Update (GBPUSD)

Sum up for today till now: Market is not really working again. We had a very strong gain in the beginning with an immidiate breakdown and minimum fill of stats which are needed. For me that means: No position or very small. This morning I made 1/20 ...

Cable Update (GBPUSD)

The last days were tough and what I found out, and this is very important, there are moments (which can last for hours or even few days) where you should avoid trading or only with small positions. The reason for that is that the market is not ...

Cable Update (GBPUSD)

Closed all with a tiny profit at 1.2807

Cable Update (GBPUSD)

Short again at 1.2817 Edit: partial buy at 1.28117

Cable Update (GBPUSD)

LOL. - I got smacked directly, haha.

Cable Update (GBPUSD)

I jump in with a very small short. That does not mean the market goes down now but the market is overdone (again) - but it still can raise more. But it's screaming already, yes. So I have to take it.

Cable Update (GBPUSD)

Sounds weird from me but please be careful in that market currently. I even don't short yet. It is too weird, even for me. As I mentioned yesterday evening, the small retrace was coming in Asia Session. But it was too little. GBP/USD currently ...

Cable Update (GBPUSD)

Mentioned that yesterday already. Stats today were fine in the beginning. After London Close messed up. Typical Holiday Move currently, I expect on low Volume. Does anybody have numbers on Volume/Approximation of different Brokers compared to ...

Cable Update (GBPUSD)

I have to say: The chart does not look healthy at all.

EURUSD only

For the stats and Scotteyy: In general I would have closed the position right before FOMC with a 2.8 day trading loss (so almost 3 days to trade to get losses in today) but I was aware of the stats and also of what I would risk if it goes against ...

Cable Update (GBPUSD)