H1 2884 area price came back up through it maybe now acting as support

Cable Update (GBPUSD)

Im out of this, got my profit ,looks risky to short anymore but good luck

Cable Update (GBPUSD)

Its not for me i don't like to see the price rising on such fast momentum after a sharp fall

Cable Update (GBPUSD)

Close my trade @2874 , might re-enter from below 2868 this could be the h4 bigger retrace i was talking about earlier so better to be safe and 50 pips is better in my pocket.

Cable Update (GBPUSD)

Sorry 2 of the 3 down waves extend, in this case the 1 and the 3 have done so, i know its elliott wave but its fact that is how it works To add further fuel to my decision , the daily minor is only in swing 1 so after this low expect a possible ...

Cable Update (GBPUSD)

Exercise caution here because i think after re evaluating this trade its not wave 3 its wave 5 , the wave 1 is hard to see at the top of the swing, so i will def close my trade below 2850 as we are trending down price should achieve a new low below ...

Cable Update (GBPUSD)

Yes i understand but what is the chart representing , is the green net positions? what? because i do not see how longs are increasing if price is dropping so dramatically,just curious.

Cable Update (GBPUSD)

what is increasing?

Cable Update (GBPUSD)

Cool, i will hold on to see if we can go below 2850 otherwise if i get an exit signal ( trade secret) i will pull out.

Cable Update (GBPUSD)

What your target Almo? Good ole wave 3 moves like a bullet train

Cable Update (GBPUSD)

Heres my trade chart before the naysayers gather image

Cable Update (GBPUSD)

Hard to explain but its because we are still in the first wave ie daily minor is moving down H4 is moving down so the retrace is h1 , get your entry from 15 min when the H4 makes a retrace you get your entry from H1 I prefer when d1 minor is down ...

Cable Update (GBPUSD)

Id say so, short entry @ 2924 on the break down of the bull trap target 2850 might push through to the 2822

Cable Update (GBPUSD)

Likely target for this swing down is 2850 or below before a bigger retrace and down again for more pain for the longs Waiting for the entry signal first ( trend break down 15 min) ie prior retracement up being broken with a trend down Currently 2908 ...

Cable Update (GBPUSD)

Give your money to charity , better than keep giving it to the markets, too many people here giving you bad advice, and they know who they are, Study study study, get away from trading small swings, do a top down analysis higher to lower ...

Cable Update (GBPUSD)

Nice try , Your strategy is a bit obvious from the trades you posted, its the good old 123 at tops and bottoms , very simple and can be very effective if you are going with the main flow of the market, unfortunately its no holy grail unless you can ...

Your Chance to Own a Holy Grail (No Joke No Bullshit)

Price always retests the levels it breaks , assuming your trading the tiny little swings, look on the hourly price trended through the higher low @2950 , that is the reversal point then of course goes back to retest and carries on down, its basic ...

Cable Update (GBPUSD)

Another one welcome to the sell side

Cable Update (GBPUSD)

Welcome to the sell side

Cable Update (GBPUSD)

Who says price moved against me, im not even in a cable trade, your imagining things just like your fake guru analysis predictions because that is all they are. While you have been sweating on your crap cable long, i have been trading other pairs ...

Cable Update (GBPUSD)