I think we are on the right track. My entry price and stop was faulty.. It more likely to touch d weekly high... Market always give fantastic pips with entry from these zone. It's a matter of being patient....

Cable Update (GBPUSD)

Your opinion on GU ?

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Stoploss hit Return back yesterday's profit.

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I have entered Buy from 1.3490 Stop 1.3450 (40pips) It's a risky trade but potential of higher reward. Let's see how it goes....

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Yeah! my expectation as well. Too boring..

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Buddy, I will wait and make entry at 2hr. candle close above 1.3493/95 though comes with higher Stoploss.

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For swing trader, viewing from 1 hour chart, Support has been fully attained but price fail to get re-aligned for Buyers to kick in... That's why I referred to that zone as Demand zone which requires MM to be stamped...

Cable Update (GBPUSD)

Ranging inside Buy/Demand zone. The only problem is either to Buy from here or wait to see whether Sellers can push down to yesterday low before buying... Risk management is key here... Hopefully d Red News in 30 min. time might give clearer ...

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All Short Trades Closed for just 20pips average profits. image Will be looking for an opportunity to BUY.

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Selling GU from here 1.3492 Stop loss @ 1.3525, TP 1.3455. Just scalping for now. Main intention is to look for Buy trade.

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Looking out to see either continuity in 4 hr. trend or reversal. There must be clear footprint made by Price Action before decision can me made. Still watching to see what price will do....

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Looking for a Buy at Pullback ... This is my own demand zone but cannot Buy until ricmaj and Yngwie pushed in for me Already captured 20 pips today with a Buy from 1.3435 TP 1.3455. Have a nice pipping ...

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GU Seating on a powerful Support Zone at 1.3420 Can we continue to the upside from here ? ONLY PRICE REACTION CAN REVEAL THE ANSWER. WATCHING....

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Yes, you did well bro. due to your level of professionalism. I referenced the scenario to point out the significance of Risk Management to becoming successful. Same set-up that gives profits tend to take it back if not properly managed. Several ...

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Exactly. Ideal to cut the loss immediately and re-examine price status. I have learnt my own lessons in a bitter way

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Trying a Swing trade, I need to observe certain parameters before attempting a Buy.... In most cases, my entry comes with higher stop... Keeping my hands crossed ...

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Honestly, Nobody knows ..... It's a game of probability with precise ability to take risk. For example, the trade that gave me money today happened to be same setup that took my money just yesterday. A friend that traded against me yesterday i.e ...

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Having same thoughts here. If the current Intraday low can survive, then the daily chart high will be taken out.

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More especially when posting trades and interacting in a forum. It's more about learning and not display of ego... A does not have the knowledge and skill possess by B hence we need one another... Little information about ones approach can ...

Cable Update (GBPUSD)

image Just recovered my loss and some profit to cover my weekly allowance. I bought from 1.3464 and closed at 1.3510 using my friend Yngwie Strategy. This is not my own way but needed it as survival tool. Thanks Yngwie and all open minded guys on ...

Cable Update (GBPUSD)