Yes, its fair to say that quite a few us us took a bit of a kicking in the Flash Crash - myself included (Down over 8% this month - unpleasant but recoverable). Technically there is a lot of unfinished business above and if you go back a few weeks ...

Cable Update (GBPUSD)

Yes, I've got those levels too and also one at 1.3160 - sadly (for me) the 'Flash Crash' has me 8% down this month so I must be extra vigilant with any entries here and this is where the challenge currently sits...Namely where to start building back ...

Cable Update (GBPUSD)

i think it's fair to say that it already has..

Cable Update (GBPUSD)

A Noble gesture but in my experience everyone has to go it alone. The other challenge is when you do become consistently profitable another challenge awaits - namely either having sufficient capital of your own to trade (typically 100k++ if you are ...

Cable Update (GBPUSD)

Fair play - that's funny

Cable Update (GBPUSD)

Any fresh short entries right here could be a dangerous play (imo) but who knows how far a trend will go... There is a post Brexit gap, unfinished business at 1.3160 and Sunday open gap on my charts still to fill..clearly a downtrend but is it ...

Cable Update (GBPUSD)

...But you just know the moment you drop it and take your business elsewhere it will shine

Cable Update (GBPUSD)

I'm beginning to feel like I've married this trade, divorced it, re-married it, had some good days ,had some bad days...and now its just boring the crap out of me.

Cable Update (GBPUSD)

Getting though 1.30 is more challenging than getting through to SKY..

Cable Update (GBPUSD)

Its slopped around this range all day hasn't it. I'm trading it Long since last week and there appears to be accumulation around 2945 but I wouldn't be surprised to see another dump through 2915

Cable Update (GBPUSD)

The structural high in the mid timeframe is 2987. Cable has rejected a lower low on the swing down and is currently just shy of this high..This needs to go to favour Longs otherwise another flag has formed for more downward bias.

Cable Update (GBPUSD)

Blimey Don, with a target like that why fret over 30 pips?

Cable Update (GBPUSD)

There will be many holding longs and building inventory using appropriate position sizing and leverage. Conversely there will be many holding shorts and building inventory. ..That's what makes the market - swing traders lever up and down accordingly ...

Cable Update (GBPUSD)

..20 pips from Market Structure Low...Chop for liquidity and Drop

Cable Update (GBPUSD)

A decent play imo - For my strat the target above 1.3150 still holds and I'm Long from 2971 and 3041 - no more entries here as its eagerness to retrace / reverse straight back to 1.300 is telling. Sitting on my hands here - either possible add-ins ...

Cable Update (GBPUSD)

Yeah - looks as though we heading into the same zone at least. Another fall through 2950 into FOMC wouldn't surprise me in the slightest...in fact its exactly what I expect will happen

Cable Update (GBPUSD)

Fair play if you go into FOMC holding a position in Cable...Relaxed

Cable Update (GBPUSD)

Tend to agree with the above comments - I've got a target at 1.3160 but given we are now at 1.3000 and just shy of a market structure high leading into the US session of an FOMC day - chop and stop hunting is expected

Cable Update (GBPUSD)

Great entry - I'm building a Long position too but am a little higher up than you.

Cable Update (GBPUSD)

Interesting, that's exactly how I'm seeing it. There appears to be unfinished business on the 240 min at 133.30 and on the 30 min (chart attached) there is an untested breakout level at 135.92 which is the first target for my shorts. For the next ...

Dragon Riders GBP/JPY