you should've kept usdcad and eurgbp open, eurgbp is going up! usdcad is probably starting to move down (inverse ascending wedge pattern)

Cable Update (GBPUSD)

*crazy day

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again, anything is possible, I'm curious to see what's gonna happen next

Cable Update (GBPUSD)

If the price candle manages to close above the channel support line, it's a good sign that bulls are dominant and don't want the price to go below this line and an upward move (1.30 or 1.31) is possible. the same previous scenario, horizontal ...

Cable Update (GBPUSD)

but I haven't analyzed this one yet since I had my focus on other pairs. let's see what would happen.

Cable Update (GBPUSD)

told you there's another one coming!

Cable Update (GBPUSD)

I'm referring to EUR in general and not only EURUSD. I'm just curious to know why this happened (the news was actually showing the result forecasted)

EURUSD only

any opinions on this?

EURUSD only

why did EUR crash despite the news showing a somehow positive outcome for EUR? (Main Refinancing Rate)

EURUSD only

There's no visible "strong" resistance ahead until 1.31 (on the daily-4H timeframe). If it reaches there and fails to break the resistance, there's a good chance of a sell to the zone 1.24. If it manages to break ~1.31, it's possible to see 1.35.

Cable Update (GBPUSD)

noice... *swing trading

Cable Update (GBPUSD)

I left that position because I wouldn't risk more than I could while the price suddenly drops whole a lot (if it happens by any chance) since I had almost 6-7 trades with the same scenario, otherwise I wouldn't have closed this one (2.77 risk / ...

Cable Update (GBPUSD)

I think we will have another chance to enter this one... patience

Cable Update (GBPUSD)

it seems that the pair is awaiting the decision and a pullback to the trend support line(which is also a horizontal support) is probable ("last kiss"; probably stop hunting before going up) interesting, the same for NZDUSD; awaiting decision to stop ...

Cable Update (GBPUSD)

thanks for the hints! closed them all. I'm not going to open any new positions until tomorrow morning / noon (my timezone) so that it would be a bit more safe to initiate anything.

Cable Update (GBPUSD)

Should I close my position before today's news? it's been a concern for me since I have 6-7 open positions against USD and CAD (all of them are running in profit though and have moved just %10-%20 toward my target and still way to go)

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imo it's aiming for 1.13; a weekly resistance.

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image

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Yeah definitely worth it (even if goes in another direction yet a good risk). Wish I could add more positions but I can't because of the money/risk management thing (other active positions going on) :/

Cable Update (GBPUSD)

great job dude! my weekly profit reached 818 pips too P.S : small account size.

Cable Update (GBPUSD)