Hey Lion, what your indicators telling you here mate? looks like my shorts are cooked! really thought we would go down below 5330 but this darn cable is sooo stubborn!

Cable Update (GBPUSD)

aiaiai... looks like the bulls are still in it... Would have thought the gap down would've thrown them out... My shorts still alive, believe it or not... Think they were missed by 5 pips on the spike up!!! not looking good but will let my trade run ...

Cable Update (GBPUSD)

off to training, lets hope 5 can come back to greens...

Cable Update (GBPUSD)

added to short, 5420 is s/l for both... LETS GO BEARS, you making me anxious for nothing...

Cable Update (GBPUSD)

How are you so confident UB? This gap Makes me shite my pants...

Cable Update (GBPUSD)

the only thing keeping me from adding to my short is this GAP!!!

Cable Update (GBPUSD)

heya BB, looks like we got it right mate

Cable Update (GBPUSD)

heya, another one joining the party!!!

Cable Update (GBPUSD)

HEYA!!! that makes me feel alot better! The others will come around at their own time bbakker!

Cable Update (GBPUSD)

think you mean 83 pips... ??

Cable Update (GBPUSD)

Not sure what you asking chankl but my fibo 50% retracement level of this down move is at 5357 so dont reckon we going any higher than that...

Cable Update (GBPUSD)

wowie, only risking .5% thats conservative! so you looking for RR of about what 1:4? here's something that might strengthen your thoughts on this: GBP/USD drops to as low as 1.5191 today before recovering mildly. As noted before, whole correction ...

Cable Update (GBPUSD)

reckon we could see 5330 tonight... on higher TF we can see 1st down has finished and retrace to 5330 could be in ABC formation and then down again... Not a elliott expert, just throwing it out there...

Cable Update (GBPUSD)

what are you on about? what do you use to decide entry and exits and how PA will act?

Cable Update (GBPUSD)

well, I'm into letting my trades ride, I think it is very important as if you dont, even a 90% win ratio could still lose you money as you cut your wins short but let your losses run to s/l... I'd say choose the next resistance level and let it run ...

Cable Update (GBPUSD)

will add below there just upto 15200 and then scale out again to my current lot size... you in kill??? or you hitting and running again???

Cable Update (GBPUSD)

I'd hold onto it a lil longer... Look at the 4h candle... Crazy... at least to 5184 again...

Cable Update (GBPUSD)

Pivot is easy, go to any forex website and they will tell you, try forexpros.com for the fibo, go to the h1 or h4 and draw a fib retracement from 55211 down to 5184... The rest I think are ma's and ema's... you been a member since 2008 and still ...

Cable Update (GBPUSD)

so you a bull then until gap closes? How about we go to 5000 and then you can take price up to close gap? I'm not an expert on gaps although I did here someone posting that 90% of gaps on cable get closed within 24 hrs or something of the sort... ...

Cable Update (GBPUSD)

Looks alot like mine doesnt it? with you all the way buddy...

Cable Update (GBPUSD)