Closed at a loss of 4 pips, as M15 dropped below the 25sma and the 150ma

Cable Update (GBPUSD)

Spreadbetting is a UK only trade account. Adding the word betting allows trading to be free of CGT

Cable Update (GBPUSD)

PMQ is on, this is going to be a fun one. Lots of heckling expected.

Cable Update (GBPUSD)

Never even slowed down, left all the punters on the platform

Cable Update (GBPUSD)

Loaded up some more pillocks at 807, hold on for 622

Cable Update (GBPUSD)

Nah, got out, Greece is pissing me off today.

Cable Update (GBPUSD)

We got a few stops on our way, 51807, 51622 and the destination of 5128

Cable Update (GBPUSD)

Yup, had to do a bit of running to catch the train, but jumped on board, ordering breakfast now. Everything behind schedule today. Still checking the wallet to see where the benjamins went earlier. In earnest, break of 5195 was the key for me.

Cable Update (GBPUSD)

Short 5193 long uj 93.96

Cable Update (GBPUSD)

This is cable, we will probably see a retest of the DP. Am long on fibre, is cable to follow suit?

Cable Update (GBPUSD)

Yup, however 150ma on H1 may come into play here.

Cable Update (GBPUSD)

I am not going short yet, would be a revenge trade in my book. Need to have a better entry either way.

Cable Update (GBPUSD)

I look at the next SR and MA's on H4 for my targets. If this downmove continues, have 5128 as my first target.

Cable Update (GBPUSD)

Careful, we may have this one wrong.... I am out.

Cable Update (GBPUSD)

I am not taking your comments as second guessing my decision at all. I welcome any feedback on my analysis. Yes on day trading I trade the H1/H4, using M30/M15 as confirmation and entry. I did say it was a risky call going long there, I had however ...

Cable Update (GBPUSD)

Sorry there bonus, if you want to learn there is a rookie section. This is the interactive trading thread. Some posters here do go to great lenghts to explain their views and counterviews, but this is not a hand holding rookie thread.

Cable Update (GBPUSD)

OK buddy, I will give you a hand. Add up all the short calls and all the long calls in the last few pages, see what is the majority and follow it.

Cable Update (GBPUSD)

I can see where bbakker is coming from in his Stoic Dutch way he is saying what we are all thinking, we have had pages of analysis and reasoning for both short and long entries and here someone comes in and wants us to give him an entry and ...

Cable Update (GBPUSD)

The market is kinda going both ways, few of us went short, few of us went long. We can all win in the end.

Cable Update (GBPUSD)

We stayed above the 150ma on M30 and the DP held, still a case to be made for long. Time will tell, did say it was a risky one could not ignore the discount though

Cable Update (GBPUSD)