Looks like the 200 EMA on H1 wont hold either. — Next stop ?? 1.5710. Anyone shorting from there? I said I was out for today but are tempted which is why I won't... Happy trading, Off to fetch the kids at day care.

Cable Update (GBPUSD)

Got itchy fingers and closed for 20 PIPS. Out for the day. 45 PIPS.

Cable Update (GBPUSD)

Short at 1.66545 — Sl set att BE TP at DP 1.560045

Cable Update (GBPUSD)

Good on you

Cable Update (GBPUSD)

close above the 200 EMA on 30Min. — Not shorting yet... Waiting for the 1H 200 EMA to see how it behaves there. Might scalp if we get there.

Cable Update (GBPUSD)

Close over the 200 EMA on 30M? — Ok so the bounce on 200 EMA on 4H has taken us across the 200 EME on 5M, 15M. We are currently over the 200 EME on 30M but havent closed yet. If we close over I guess next target could be the 200EMA on the 1H. ...

Cable Update (GBPUSD)

Feels like we're in tight between that trendline and the 200EMA on the M15. Just wait.

Cable Update (GBPUSD)

Hmmm... Ill try to be more specific. There are two "attempts" at 4h to try to cross the 24EMA. None is significant and thus should be interpreted as a confirmation of the short trend?

Cable Update (GBPUSD)

Magix do you think that the 4h triggers... — that occured last night and this morning are false? I wouldn't go long below 1.5710.

Cable Update (GBPUSD)

Closed short for 70 PIPS — Which give 50 PIPS for the day with the first trade being -20 PIPS. Out for the day. Happy trading to you all.

Cable Update (GBPUSD)

Exponential MA — Magix are you using the exponential MA? If so why and when are the other MA's useful. Excuse for a newbe question. Haven't traded much using MA.

Cable Update (GBPUSD)

Go for a Walk

EURUSD

Think we will break 1980... — Hmmm... and how do you define break?

EURUSD

Think we will break 1980... — today.

EURUSD

bbaker thanks for sharing. I should probably put a limit on the number of trades each day. If I do my limit will be 2 and it should be absolute. If the first trade is a loss, no second trade that day. I will have the same problem with it as you do ...

Cable Update (GBPUSD)

Dicipline and patience — Well put, bbaker. I have a great plan, dicipline and patience is my main problem. Take yesterday for example. My goal is to make 10 PIPS a day, my trading plan supports it. Yesterday I took 10 PIPS but used many trades ...

Cable Update (GBPUSD)

Approaching 200 ma on M30 — .... Up an astonishing 4 PIPS today.

Cable Update (GBPUSD)

Low volume, no thanks. — I just want to make money and I don't on days like this so I'll pass. Instead I write in forums

Cable Update (GBPUSD)

Low volume, no thanks. — I would say it depends on your strategy. I want high volume and are not comfortable when the volumes are low and we are not trending.

Cable Update (GBPUSD)

I'm just baffled — Interesting to watch but I'm keeping myself out of this mess. Change of trend as soon as we get a result or...

Cable Update (GBPUSD)