Well, there is 1.5935. Now lets see if we make 5920.

Cable Update (GBPUSD)

1.5920 is about as far as I can see it going... More likely 1.5935 though.

Cable Update (GBPUSD)

Just got logged on today and already caught myself 15 pips in that little retracement, as I noticed it bounced off the 4hr trendline. Took profits as not waiting to see if it goes clear to 50% right now. I just woke up, and until I get some coffee, ...

Cable Update (GBPUSD)

Just caught the 50% retracement. Small gain, but a gain none the less. Flat for now.

Cable Update (GBPUSD)

About 45 minutes from now. I'm flat until then.

Cable Update (GBPUSD)

Nice.

Cable Update (GBPUSD)

Yep, any position I'm in, I'll be out of before that takes place.

Cable Update (GBPUSD)

First long would be @ 1.5818 with a small position. Would add second @ the 61.8% retracement which is 1.5808. Might not make it though. Dow is down, dollar index is down, oil is up and gold is starting to rise.

Cable Update (GBPUSD)

This is screaming at me to take out a long, but I told myself to wait until the 50% retracement...

Cable Update (GBPUSD)

No problem. I like your style in trading. It works for you, and doesn't immediately make you reget putting in a trade if it goes against you instantly.

Cable Update (GBPUSD)

Nice days work there!

Cable Update (GBPUSD)

So is THIS the bottom then? Kinda feels that way, but still to nervous to try a buy right now... Guess I am just staying flat. Maybe take the rest of the day off, go out and get some sunshine... I dunno.

Cable Update (GBPUSD)

Took 13 pips on the retrace.... flat for now. Just don't have a good feel for the market at the moment.

Cable Update (GBPUSD)

US jobless claims

Cable Update (GBPUSD)

Might as well just wait until asian open... Unless there is news, the market just generally dies this time of day.

Cable Update (GBPUSD)

Nice trade! Should have keep your other one in play... Although I know the feeling. Sometimes the nerves will get to ya.

Cable Update (GBPUSD)

awesome! thanks

Cable Update (GBPUSD)

Hope this helps. Thanks again.

Cable Update (GBPUSD)

Hey Magix, I was just wondering if you use an indicator for your strength and resistance lines, or are you just drawing them in? If you are using a indy, could you point me in the direction of the one you use? Thanks in advance.

Cable Update (GBPUSD)

Nice easy morning of scalping... Now out for the weekend.

Cable Update (GBPUSD)