Hope everyone managed to profit on the long scalps against USD ytd. Prices have retraced and ranging has started for all pairs. For GU, 1.21 is key area for a rebound.

Cable Update (GBPUSD)

signs of weakness in USD. Good for long scalps on pairs against USD.

Cable Update (GBPUSD)

I advise seeing the correlation between pairs to have higher probability setups. Applying this correlation has helped me to increase my win rate. How to manage trades between various pairs is subjective and there are many ways to do it.

Cable Update (GBPUSD)

signs of weakness spotted in eur pairs. open quick short for scalping.

Cable Update (GBPUSD)

AU and NU leading the downside.

Cable Update (GBPUSD)

The move is pretty much one sided without any retracement for past 2 hours. As usual, i would wait for retracement before triggering any trades.

Cable Update (GBPUSD)

agreed. i apply same concept of following the $$.

Real Trading

bulls are not giving up on the gbp. i didnt trade gbp today. her peers like the euro, au and nz are tanking down. (better setups in the peers)

Cable Update (GBPUSD)

bearish engulfing bar forming on M15. push down to 1.185 very possible.

Cable Update (GBPUSD)

Didn't spot Qm here until you mentioned. Yes, additional confluence factor for a short. Let's wait for setup patiently.

Real Trading

UJ good short at 140 on watchlist for today.

Cable Update (GBPUSD)

hope all make some $$ regardless long or short entries. closed all shorts myself. 1.17 support would be tough and i want to go to bed. Im in Asia.

Cable Update (GBPUSD)

GU ranging from asian open. i will look for shorts below 1.175. if not, i will stay sidelines.

Cable Update (GBPUSD)

CPI data has been used to pushed up GU and other pairs. short term trend (below 1 hr) has changed to VERY bullish. In such cases, i would wait for retracement. Trading according to plan and being disciplined has helped alot.

Cable Update (GBPUSD)

UJ short on my watchlist. any comments?

Cable Update (GBPUSD)

thanks for post. i checked both au and nu charts. both indeed potential swing longs. will watch closely.

Cable Update (GBPUSD)

short term (<1 hr) wise there is retracement against USD. however, mid term (>4 hr and above) i feel it is still bearish. bias bear for me. i will look for shorts instead of longs.

Cable Update (GBPUSD)

same entry mins ago. glad that there are traders short with me. it feels more assuring! my tp is 1.1125.

Cable Update (GBPUSD)

worth a shot if it gets there.

Cable Update (GBPUSD)

yup. need to have no sl. but no risk no gain. conservative me will sit out as well.

Cable Update (GBPUSD)