morning guys.. short from 6280 still slow euro session i see

Cable Update (GBPUSD)

ill be going to school in the caribbean .. if that counts .. still eastern time zone tho lol

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i think id make more .. i trade a micro account though .. smaller account balance = smaller gains to stay within leverage limits

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getting sleepy .. damn eastern time zone

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below 6300 im still bearish and even more so below the daily pivot at 6238

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they are both there .. pivots daily and pivots daily medians.

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hey .. i just got on skype actually .. ill add you after for now .. the indicators are here .. you dont need the MML indicator so dont download it. url

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Just a note about the bounce from the daily pivot .. notice how i added a white box showing a level that presented it self today as both support and resistance .. the fact that it overlapped with a pivot, and the dail pivot at that, made it a level ...

Cable Update (GBPUSD)

you're lucky .. you get the whole london session and then the full NY session too! you can sleep during asia .. thats perfect its held so far .. zoom out on the hourly .. the central pivot line is a pretty important one i took a long at 6242. trying ...

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I can try and help! what time zone are u in/

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no hes not .. i started my first micro with $30 once you are out of the trenches u are fine

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are u trading a micro? im with fxcm too

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just waiting for a better place to short from!

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see that reaction to the daily pivot at 6238 .. happening now it may not be as pronounced but it touched 6238 on my platform and reacted 10 pips already.

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Set them as of 00:00GMT. Compare it to the chart i posted.. should have those values. The M levels are the midpoints between the maine pivot lines

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i took my shorts off the table for a gain .. the draw down today scared me .. i am lucky we didnt break 6300! lol but ya watch it closely .. im still bearish based on the 4 hour and below 6300. malcolmb has a strong volume case too and it shows that ...

Cable Update (GBPUSD)

Heres a chart .. buy at the daily pivot but i dont know what u can expect .. probably a small scalp I prefer a short at daily M3, target daily M1 at 6077. Or, sell a break below the daily pivot but only enter on a valid retest of that level.

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leave and come back after baby pips

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6250 and i am out of my shorts in profit and im a happy camper.. lesson learned so far, without loss, today isss .. support on higher timeframes is more important .. funny how forgetting a small thing like that makes u suffer drawdown .. i hate ...

Cable Update (GBPUSD)

Buy near 6238. daily pivot and there is some support there. theres a chart now.

Cable Update (GBPUSD)