The average daily range for cable is around 130 pips. So, here is an idea, current days range, just over 50. If price breaks out of that range, enter with Tp at about 70 pips

Cable Update (GBPUSD)

yes, like the pain of losing $xx is more than the pleasure of gaining $xx

Cable Update (GBPUSD)

how many trades have you made today?

Cable Update (GBPUSD)

Its very curious how we all, at some point do this; hold on to losers for too long hoping it will come back and close out profits too fast afraid it will retrace while we should cut loses short in fear of a run away loser and hold winners in hope of ...

Cable Update (GBPUSD)

3 pips?

Cable Update (GBPUSD)

I'll stick my neck out and say when price closes below the Daily Pivot point, or a false break out of yesterdays high

Cable Update (GBPUSD)

looking strong, cable, but I'd be worried about the divergence (plus possibility of head and shoulder). Safe to buy in red rectangle area

Cable Update (GBPUSD)

Its not you, it has happened to all of us

Cable Update (GBPUSD)

Sometimes I find that I'm just trying to get confirmation for my trades, maybe I'm less objective with my trades but someone tell me whether this exists, Head And Shoulder Still In Formation and the Divergence

Cable Update (GBPUSD)

here is an example: I closed longs and went short. Notice my TP is 75 pips and just above the 161 level. SL is at 50 (default)

Wall Street - Developing Professional Traders

I always have a confirmation signal, a trigger so to speak. I set my TP mostly to attain my trading goals but based on realistic targets. Im not trying to milk every pip out of every move. I target around 125-200 pips per week so my trades will have ...

Wall Street - Developing Professional Traders

Im not really into fundamentals but Ive been reading that Yellen "is an instinctive Dove" and that she "doesn’t especially want to see the dollar appreciate rapidly....... in the middle of the presidential election race." I have no clue what that ...

Cable Update (GBPUSD)

thanks. a plan is a big part of the battle. I have a trigger for my trades which I don't post on here, but the general idea is usually pretty clear.

Cable Update (GBPUSD)

here you go

Cable Update (GBPUSD)

I don't know if im right. A rate hike in a country should make a currency appreciate, especially versus a currency whose rate is way below the currency being hiked. so if the US were to hike rates, the GBPUSD would fall since the US already has a ...

Cable Update (GBPUSD)

going short here. Market should have gone up by now if we are to break the trendline. I dont want to be long here, so ill sell. Ill start small

Cable Update (GBPUSD)

I welcome opinion, I appreciate it in fact, always nice to see things from a different perspective

Cable Update (GBPUSD)

like this? i dont know man, looking at it like this i see a W (double bottom)

Cable Update (GBPUSD)

I'm out of longs but not yet short

Cable Update (GBPUSD)