Sorry Double Bottom

Cable Update (GBPUSD)

Yup, she is running the country now. Maybe she will repeal the new 50% tax rate.

Cable Update (GBPUSD)

Hear, hear, lots of here put in serious time and effort posting well thought out reasoning with charts to back it up. People with posts that show no research and thought just end up on my iggy list. Now where is that weekly outlook I put up on ...

Cable Update (GBPUSD)

GB confirmed election on 06 May.

Cable Update (GBPUSD)

Yeah, I took a long on that one, looking for completion of the DB, got stopped out. Made up for it this morning, starting the week in profit.

Cable Update (GBPUSD)

I entered short again at 5175, 518 is history.

Cable Update (GBPUSD)

You nursing a long?

Cable Update (GBPUSD)

So what you are saying is that we traders are a bit thick and slow and need a few days before we realise that the news is bad. I am not sure if this is an insult, will get back to you on that one.

Cable Update (GBPUSD)

Have a look at H4 and see the results of previous attempts, been trying for almost a week now. That's why I closed my short at 517 earlier, above my TP, as I did not like the PA around 518. I do expect 518 to give today, will just take a while. Once ...

Cable Update (GBPUSD)

Looked at the GMT clock instead, you are right.

Cable Update (GBPUSD)

Closed at 3406, another 28 pips. Waiting for London open.

Cable Update (GBPUSD)

Got out at 517, just above the 150sma on H1. 518 seems to want to hold on M30, playing it safe, 70+ pips in the bank

Cable Update (GBPUSD)

518 has to give for this short to be valid on this run.

Cable Update (GBPUSD)

I am with you this time, short 5231, TP 513, SL 5265 also took one on fibre @ 3434 ( which may be a bit early) TP 1.335 SL 3463

Cable Update (GBPUSD)

Entered a sneaky long on cable at 5294 TP 5372 and fibre 3486 TP 3563. May get that completion of the DB on cable, need 5380 for that. Am off to bed.

Cable Update (GBPUSD)

I closed my shorts, not sure what this PA is going to do tonight, will see in the morning once Franky opens. Goodnight guys.

Cable Update (GBPUSD)

Yeah, convinced it was a good call when I made it, so set SL/TP accordingly and letting it run. Still using my weekly outlook I posted Sunday, a gap opening on sunday eve is meaningless to me, don't do gaps, just using this level as a discount to my ...

Cable Update (GBPUSD)

Kept the short at 5295 alive, will leave this open overnight, SL 532, TP 518.

Cable Update (GBPUSD)

You young'uns have no patience.

Cable Update (GBPUSD)

Yeah it is nice, I added a broker so I could enter and watch trades on the iPhone. Still pretty limited but at least don't have to sit behind the screens all the time.

Cable Update (GBPUSD)