Sometimes good to use confirmation by candles aka price so you dont get killed selling on strong bull momentum and have a good place for a stop.

Cable Update (GBPUSD)

Very good posts here!! Baggi +1 to you mate! Must have been big players putting orders in yesterday as we didnt have any economic events going on at the time that would make it move like that. Today market just waits for imbalance between bulls and ...

Cable Update (GBPUSD)

The great thing about starting this early and will give you a big edge down the road is you can afford to make mistakes. More so then all these old timers retired who have nothing or the pressure of a wife and kids and daily job grind. You have time ...

Journey Of An 18 Year Old FX Trader

Thats always the case isnt it! lol just trying to point out why so many people are short. It has been a powerful move indeed yet what goes up must down.

Cable Update (GBPUSD)

Bear flag not bearish? lol

Cable Update (GBPUSD)

There is just so much 'signals' for a bearish move here? from chart patterns to indicators to resistance to candlesticks. Technicals couldnt be anymore bearish!!! image

Cable Update (GBPUSD)

Now we are talking pal! I like it! I can actually see that on my weekly chart and makes complete sense!

Cable Update (GBPUSD)

another 100? what you just pull that one out of your ass? EHN well just go 100 pips this way no bigggy lol very vague

Cable Update (GBPUSD)

Been watching these levels for a while now as they seem to provide the best indication of eurhos movement and if this holds true looks like we are getting breaking/retest/consolidation for move higher phase. That being said, higher moves could be ...

EURUSD

Lots of support everywhere, the real support was 6250

Cable Update (GBPUSD)

Yeah mate this is a really good level it on here, Assuming you mean to the long side?

Cable Update (GBPUSD)

?

Cable Update (GBPUSD)

You are fine! Dont listen to anyone, even if your broker called you up, would you listen to them? I hope not! The short play is a longer term move so it will take TIME. I got $75 a pip on this short

Cable Update (GBPUSD)

I am a greedy fuck!

Cable Update (GBPUSD)

AHA we found some nice stops there! Price closed off the highs at our resistance there very bearish.

Cable Update (GBPUSD)

THe money

EURUSD

Good point there, and I shall watch closely either this could be just one big bear flag, or the midst of a bumping up move here. Definitely dont want to be buying at this stage thats for sure.

Cable Update (GBPUSD)

Very true! Its not about how smart you sound or even the style of trading you do!

EURUSD

May the pips be with you

Cable Update (GBPUSD)

Yeah the topping I am seeing on the daily is sick. I almost got 10 lots in! Normally I trade 4H, or 30min, but this signal should go for a lot more pips due to the timeframe and the strength of the level in which price has hit. Just how long can you ...

Cable Update (GBPUSD)