I agree regarding the news. Unless you're already in the trade,staying out till after the release is probably a wise thing to do. But if you're holding long from a much lower position it is no issue. Good luck

Cable Update (GBPUSD)

Cable (Update) — Okay, just like dragon, I have no cause for concern to go short just yet. Price is still ranging within the 4600 support level. Good luck everyone

The WoRmHoLe

You don't show anything at all. stop cluttering the thread if you have nothing useful to share. you can use the pm function if you're want to persuade whoever to follow your calls. Back to business. We're still buying at this point. No reason to ...

Cable Update (GBPUSD)

The move was expected as you do not go a thousand points up with no pullback. So unless 141.7 major support is fully breached, there is no cause for concern for buying. Personally, I'll be looking to add to my position @141.7 test or 143.0 break. ...

The Experts Zone: GBPJPY

Dragon Trade (Update) — Right, two out of my three positions had been stopped out, +ve nonetheless so no complaints. Will let the remaining position run regardless. The move was expected as you do not go a thousand points up with no pullback. ...

The WoRmHoLe

Dragon Trade (Update) — GBP JPY Stops amended. 1. [email protected] [email protected] 2. [email protected] [email protected] 3. [email protected] [email protected] Won't be around to check on this beast tomorrow, so I might as well Okay, now I'm off. Bye guys.

The WoRmHoLe

Position closed @3538. That's a week's worth of gas for me lol. I'm off so, I don't intend to take this trade the way I am with cable & dragon. Lucky me it's in +ve. Okay guys I'm off now, need to get up early tomorrow for a drive up north. Need ...

The WoRmHoLe

Completely agree with you my friend.

The WoRmHoLe

yup. short a few hours ago. I just have a small 100 points target profit tho tbh, nothing big. I might be able to take it off the table tonite as it's nearing my target. Here's a chart explaining why I took the trade on that pair anyway. Good luck ...

Cable Update (GBPUSD)

Sounds good to me. If she dips that far, I could add to my longs ..

The WoRmHoLe

Nice one mate . But assuming the candle finish the way you mentioned, how far do you reckon the pullback will be? I'm assuming not below 4600 level tho. Because the way I look at it, since 4600 resistance level is now broken, it should ...

The WoRmHoLe

Cheers mate I see it. Never cease to amaze me no matter how different the technical approach is, the result usually is almost similar. I went long on cable yesterday after the inverted h&s neckline on the daily was taken out. The 100 sma you ...

The WoRmHoLe

Welp, did say consolidation. Too bad I'm not good at scalping. 100 points range here.

Cable Update (GBPUSD)

Thanks brother, I hope you've been making too Thanks for the rating too, but please don't stop there, your views & insights will be appreciated mate. This thread does not belong to me, just had it up for everyone to discuss. Fire away my ...

The WoRmHoLe

Likewise brother, I'm glad to hear you're raking them in as well Thanks for the explanation paul, at least when I look at my charts now, I can relate the movements. Btw, your 100sma don't happen to be around 49xx level does it? Cheers mate

The WoRmHoLe

Thanks brother You didn't wait for the pullback ... so that means you took the trade? It'll be about 400 points if you did take it from yesterday.

The WoRmHoLe

Got me the same level for tp as you have on your chart mate. Nice one

Cable Update (GBPUSD)

I think so too jim. Prolly a little consolidation till new york opens. Anyway, this is my take on cable atm & jim's referring to this trade I took. url Good luck everyone

Cable Update (GBPUSD)

A chart would help. At least we could see what prompted you to pick that as your trigger. Thanks in advance

Cable Update (GBPUSD)

Really? Why 4620? Why not 4621?

Cable Update (GBPUSD)