As suggested last week, the larger trend is still bearish due to the weekly candle. Nothing has changed & unless scalping, I'd stay away from trying to build counter long positions. Good luck.

Cable Update (GBPUSD)

Euro Dollar Trade Update — Closed 2 positions for profit. closed @3690 Made up. Closed last week for $1300 profit +-.

The WoRmHoLe

damn we hungry. see you guys in a bit

The WoRmHoLe

Sounds like you're having the time of your life! Wish my work is that fun! Yea, I made some nice dosh from gold wee bit early I might have but no regrets!

The WoRmHoLe

Ucad Trade — Danica, I forgot about your pm. I might as well answer you here, I closed out my ucad trade for a loss @0.9863 url Have a good one

The WoRmHoLe

Nah no problems here brother it's just a debate, nothing personal I'm not underestimating this support right here, but as I said before since last week's close was a bearish marubozu, I just do not want to be caught out loading up way too early, ...

The WoRmHoLe

Intense discussion is good. keeps us sharp. We're surely to learn something or at least freshen up our knowledge by doing so. Nodding in agreement like a troll all the time will lead to complacency How's it going my friend, how's the new job ...

The WoRmHoLe

I never said you don't know what you're doing don't put words in my mouth. I said candle formations are simple, they are not complicated. Right now you call it a range but to some traders a thousand pips slide for a month reads downtrend. See this I ...

The WoRmHoLe

Cable Update — And since we're on the subject of long term let's not forget the quarterly. The pinbar needs no mention, we've talked about that one a few months back, but I just cannot see how cable will not test 1.55 at least once after ...

The WoRmHoLe

No it's not complicated Nav. A bearish weekly candle like that black marubozu means sellers are in control. Let me ask you something since you have posted the monthly gbplfx chart right there, what good is the chart halfway into this month? Are you ...

The WoRmHoLe

something to add Lincoln failed to win the vice presidential nomination in 1856 Kennedy failed to win the vice presidential nomination in 1956 Lincoln defeated Stephen Douglas who was born in 1813 Kennedy defeated Richard Nixon who was born in 1913 ...

The WoRmHoLe

Yeah .. that's some serious NWO bullshit right there. No way can all of those be coincidence! Can it??

The WoRmHoLe

I found this ... did you know??

The WoRmHoLe

probably won't leave the room either

The WoRmHoLe

And without being disrespectful, don't forget the account size is also relative to your psychological management. Had I placed $100/pip on a 300 pips stop, I probably will be shitting bricks too dario.

The WoRmHoLe

If you're talking about scalping then yes I agree. I wasn't scalping yesterday. Forget it, a loss is a loss. It's not my first, won't be my last. I'll deal with it

The WoRmHoLe

That comes with all the ass kicking the market had given me in the past haha. Have a good day!

Cable Update (GBPUSD)

I took the trade based on the hourly, I won't use the m5 to watch my trade & use the spike to cover my position. I very seldom do that. That's just impulsive. If you trade from the daily, would you let price action on the m5 dictate your trade ...

The WoRmHoLe

Come on, you know that all the stops I place are emergency stops, in case of the WTF moments, like the SNB intervention recently. Usually I will get out at the first sight of trouble (ie invalidated chart patters, s/r levels) Look at my cable buy ...

The WoRmHoLe

No I actually deserve about 200 pips today to cover my loss haha. And a good friday to you too mike

Cable Update (GBPUSD)