I am expecting 2733 to hold and push prices lower. Here is today's trade

Cable Update (GBPUSD)

I will add my positions after that rally(retracement).

Cable Update (GBPUSD)

im interested to know how you came to that conclusion. mind sharing your analysis?

Cable Update (GBPUSD)

how about targeting the 1.38 rather than 1.23. Even 1.5 is very achievable in the near term, especially if today closes below 1.0

Cable Update (GBPUSD)

+100 pips 268 more to go

Cable Update (GBPUSD)

trade the trend. Someone once said to me, print your screen and show it to a 5 year old and ask them which direction the market is headed, up or down, then trade in that direction. Everything else is just complicating matters

Cable Update (GBPUSD)

Trading in these areas is tricky with no visible support. Price could decide to just keep going south, our best hope will be fib retracements and extensions.

Cable Update (GBPUSD)

Im in short from 2865, looking for 2500

Cable Update (GBPUSD)

the point is to learn, grow and make some cash. I would love to visit the UK on some cable money(maybe this short) and watch my fav soccer team(undisclosed). Personally, I have learnt a lot from this thread. I always question myself based on posts ...

Cable Update (GBPUSD)

its quite possible, whats your analysis. i mean, why do you think so?

Cable Update (GBPUSD)

that candle looks very bullish. but the context! I mean, not unlsess you are scalping for a few pips, the context is too bearish. but if you are right, there is over 1000 pips to be made being bullish, but be ready to jump ship at the first sign of ...

Cable Update (GBPUSD)

Sell GBPUSD 1.2868 TP 1.2500(+368) SL 1.297(-102)

Cable Update (GBPUSD)

there are no absolutes in the market, but unless price breaks above 1.3(magenta line - it took all of three months to break these trendlines) in next 48hrs, a sell with a tp of 1.27 looks good. and whats this with crowd mentality? whatever happened ...

Cable Update (GBPUSD)

im waiting for that pullback, then im in short....heavy

Cable Update (GBPUSD)

clearly

Cable Update (GBPUSD)

Im looking for a nice spot to short this, Unless we break back into the channel, there is some money in selling

Cable Update (GBPUSD)

looks like a smooth ride down

Cable Update (GBPUSD)

Same here(if todays close is below 2864). 2950 is also another shorting area for me. The true trendline is the magenta one, (a trendline should encompass all price action- ideally). anyone using the white one to trade is probably trying to hold on ...

Cable Update (GBPUSD)

I see most people are buying this pair. In terms of RRR, its good play, price only has to move a small way to show you are wrong. Look at the white trendline on my chart, I have used closing prices to draw it, it therefore goes that a close below it ...

Cable Update (GBPUSD)

Ive seen some discussions on today's gap. I would in my considered opinion classify this as a breakaway gap (occur at the end of a price pattern and signal the beginning of a new trend) because it broke an uptrend trendline

Cable Update (GBPUSD)