and if we close below that area, it may result a further downmove at the beginning of next week.

Cable Update (GBPUSD)

I am sure you are good enough to catch the right direction once we arrive there

Cable Update (GBPUSD)

Few days ago I told that I am ready to short cable around weekly fib 50. I did it at 6340, and closed according to plan at +50. Later it it went back and tested 6357. There I shorted it again, at @6350. +50pips, again. I don't want to blow my ...

Cable Update (GBPUSD)

it is already in +10. means nothing I know, but it always feels good when a trade never goes red.

Cable Update (GBPUSD)

I have nothing to worry about. >> Money Management <<

Cable Update (GBPUSD)

i we may get there, I will add one more

Cable Update (GBPUSD)

I went short @6340

Cable Update (GBPUSD)

i play the same scenario as yesterday.

Cable Update (GBPUSD)

there are some important lines in the way of downmove. I don't think we can pass all (or any) of them.

EURUSD

to GM — GlobalMacro buddy, very respect you and congrats to your last call. again. (and again) you always amase me with your accure calls. (eh, sounds to be courtly) you posted earlier today, that you are holding your long. May I ask how do ...

Cable Update (GBPUSD)

trade closed in +20 pips after 2,5 hours of trading. see you tomorrow.

Cable Update (GBPUSD)

without any comment: post1 post2

Cable Update (GBPUSD)

agree buddy my daily chart is the other reason that I haven't placed more short here. I am looking for to test fib 50 first

Cable Update (GBPUSD)

for this uptrend to be finished I need at least one daily candle to close in red. until then I remain bullish basicly. this was a one time call because of london close, overbought, h4 candle confirmation, etc.

Cable Update (GBPUSD)

and the reason is why my TP so small is that if I take a look at my charts (h1, h4, m30), i can see that the chart begins at bottom left hand corner and end in top right hand corner so we are in uptrend

Cable Update (GBPUSD)

SL 25pips, TP 50pips. risk/reward ratio 1:2

Cable Update (GBPUSD)

the H4 closed in black couple of minutes before was the confirmation for me to take this call. of course I can be wrong, but we'll see. my MM and useage of SL has been working well for months now, so I don't have to worry

Cable Update (GBPUSD)

as I remember somewhere today you told that is cable has been overbought. what about it now, after couple of hours? isn't it more safe to short now rather than that you mentioned it?

Cable Update (GBPUSD)

i am agree with you. I stayed away from shorts today. but after london close we won't able to pass strong resistances, in my opinion, that is way i went short.

Cable Update (GBPUSD)

took a small short here

Cable Update (GBPUSD)