Si Si, my 20 pip stop hit...based on 4Hr, will return to my original Long bias at least to 1.6270.

Cable Update (GBPUSD)

Jack, do u see this short going to around 1.6160, and break beyond 1.6130 to lower lows?

Cable Update (GBPUSD)

That's the thing with trading, you can read all the best tools and techniques from the book and learn how to use them, but no book, to me, can teach u about managing those wicked emotions...The market however will teach u to.

Cable Update (GBPUSD)

ooops sorry about that Razor!

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Hi Omega, I cant imagine why u wouldn't cut your losses earlier and reverse your position. Don't marry the trade! Smaller loss=quicker recovery!

Cable Update (GBPUSD)

Stopped out of long for +39pips on tight stop at 1.6213...Next Trade!

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Cool Cool!

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Thanks Jack! Watching 1.6238 area.

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Long @1.6169 TP 1.6290-1.6300

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Late waker — Good Morning All! Good trading to all who caught the 1.6320 short! Nice drop may be buying time up to 1.6270-1.6300 or so.

Cable Update (GBPUSD)

Love your style Jack, something similar to what I currently use. Simple, low risk and powerful !

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Have a great weekend Jack!

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That's what I'm talking about...low risk entries. Good trade!!

Cable Update (GBPUSD)

Hi Everyone, I have been observing this strategy for sometime now and i notice that I get better results using the 7-8am candles, also use it at 7-8pm. Please look back and tell me your thoughts.

7am-9am Big Dog USD Breakout Strategy

Closing Off — Ok all...Have a good weekend! See u next week.

Cable Update (GBPUSD)

Leaning on a buy from 1.6324, possibly to retest 1.6420 or break there!

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Thanks PipaDoR!

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I would not say it is a system as it is manual, I use Fibs primarily to establish daily bull and bear targets, support & resistance, candle patterns and only trade 61.8, 78.6 retracements. So my C entries are based on those fib levels especially if ...

Cable Update (GBPUSD)

Hi mk, most of my entries are precise. I wait for good setups and take only those with higher probability. Can I tell you, lots of times my stop is 15 pips. So when I am wrong it is by a small margin that is easy to correct, by waiting on another ...

Cable Update (GBPUSD)

Thanks Tj and EA. My max risk is 2% and average 1% so I was thinking 5-6 minis would be conservative especially since most times my risk is about 20pips or so. Thanks again!

Cable Update (GBPUSD)