I feel your pain brother. Used to play this way all the time. Don't feel alone, I don't think anybody here could claim to not have played against the trend for a loss. Keep studying your charts, see where you went wrong, and make sure ya do your ...

Cable Update (GBPUSD)

This close to the end of NY session, taking a position is not really in anybodies favor, but playing against the trend of the day might get ya a couple of bux....I am not saying buy or sell, just saying that the day has been playing well off of the ...

Cable Update (GBPUSD)

LOL.... First...I will say again, the Americans do not control top or bottom of this game, they merely try to follow direction and not interrupt things too great. So, Second....If we were to see a fall back @ NY close today, London session would ...

Cable Update (GBPUSD)

If I had to take a guess as to the movement, I have 2 really.... 1 - We are retracing back to the area where NY session was in holidays before the big downfall. (rules of bearish engulfing candles) 2 - The Dubai news came at an opportune time to ...

Cable Update (GBPUSD)

Lots of time to worry about the NFP. Direction on the week as far as I am concerned still hasn't been set. If we cross the 24SMA and hold it today, I will be more leaning on the bull side of things. A fall back from the 24SMA I will be on the bear ...

Cable Update (GBPUSD)

Not sure what the rest of you are watching, but Cable sure been playing nice off of the 200EMA on the 1m chart. A cross and hold below here with confirmation on the 5m chart is when I will stop scalping north side....

Cable Update (GBPUSD)

Stall line for sure(1.6621, 15m)(1.6617, Daily)...support ranges listed on H4, H1 and 15m. Resistance in red, support in green...As I see them...

Cable Update (GBPUSD)

Seeing the same thing on my daily. UTL and 24SMA need to be held before further long side should be expected, but has been a great play thus far. Using the 4hr support for trend and direction currently. A small fall back is expected through NY ...

Cable Update (GBPUSD)

Hope the game of "Made you flinch", ends now!

Cable Update (GBPUSD)

Anybody notice we are hovering around the monthly open? Since the month doesn't end here for another 3 hours,(45 mins broker time) it is still a crap shoot. Mattering not how we close, direction is still king, but cripes picking a direction and ...

Cable Update (GBPUSD)

Turn n Burn pt... 1.6475-1.6486... Drop the hammer BABY! I have posted the chart, logic, indicator and template HERE.

Cable Update (GBPUSD)

Getting price to same place as Friday's close...seems that the worm has turned....where Friday looked like positive motion, today, the inverse. Took Entry off of the 5m. Weeeeeeeeeeeeeeeeeeeeee.

Cable Update (GBPUSD)

Good thinking on your part.... I speculated the play, not a great idea, but i figure, if we cross and hold this area on the 4hr, I can go long to the daily 24SMA... Tight stop loss...

Cable Update (GBPUSD)

4hr, 24SMA, 55EMA. Bearish perspective... Moved S/L to 1.6585

Cable Update (GBPUSD)

Took Short... 1.6560...S/L 1.6580

Cable Update (GBPUSD)

??????????????? J/K.... Should Always Exercise caution!

Cable Update (GBPUSD)

I effin Love when they gaps big... Closed out 5 of 7 lots for +200.... Will hold the rest s/l @ B/E.

Cable Update (GBPUSD)

Nicely done sir! Unfortunately for me, I am only smart enough, and barely at that, to focus on one pair!

Cable Update (GBPUSD)

Talking about the gap...the London Gap. Check to see the session closes, this is what I am basing my theory on. Plus, until, and unless we cross the 24SMA on the daily and hold it on a daily time frame, I am a bear, watching for opportunity. 24SMA ...

Cable Update (GBPUSD)

That's just what I see...Maybe you see the same, but we are only right if it get's there.... Personally, I really don't trust Sunday movements, will play for a gap close, but won't get all serious until I wake in the morrow! Oh, and if Malcomb is ...

Cable Update (GBPUSD)