Safe long scalp to 3525, at least, from there it might be down again.

EURUSD

Yeah, always better to get out in green, if volatility is dead.

Cable Update (GBPUSD)

I hope, because I don't see any good setup in this session...unless a spike happens in the next 2 hours.

Cable Update (GBPUSD)

For me, 7143 has to be touched at least, for any downmove to continue. If we went down from here, at least I would have a target for my longs from lower. If we touch it, I may try shorts from above. For me a better trade right now would be if euro ...

Cable Update (GBPUSD)

Because it looks all bottomed now...maybe when asians won't be able to bring it high enough, there will be one more down spike during EU open.

Cable Update (GBPUSD)

Well, I hope we will go lower for real, not just on Oanda...so we others get a chance to enter, too.

Cable Update (GBPUSD)

Oanda doesn't go by the market, they just enter their own numbers. lol Last week they had a spike 15-20 pips bigger than other brokers, I can't believe what they do is legal in the US. The owners would be behind bars, if it was in Europe.

Cable Update (GBPUSD)

Not at ECN brokers...maybe MMs.

Cable Update (GBPUSD)

How is 706xx done???

Cable Update (GBPUSD)

Same numbers in my view.

Cable Update (GBPUSD)

So was 1.6750, important level, it even broke down below 6740 for a few seconds...just to trigger some longs and the move up wasn't even that big, it only went to 6780 the next day, but it slowly build up to break 1.7 just 2 days later. Just like ...

Cable Update (GBPUSD)

I'm sure Carney and his buddies are trading this. lol Anyway, for me, a trend changer will be visible on the chart, like it was on euro, after 1.3990, there was a massive rejection, in other words, some huge short orders were filled. When the same ...

Cable Update (GBPUSD)

I remember when we were below 1.68, breaking supports, making new lows...we learned the hard way, that cable doesn't have any rules...it can go down every day of the week and then make twice of a move in the opposite direction in a few hours. In the ...

Cable Update (GBPUSD)

Which pullback do you mean? From 7040 to 7090? Anyway, I'm off to get some rest, next week will tell, anyway.

Cable Update (GBPUSD)

Its normal for both sellers and buyers to take profit, but thats why we see those 30-60% pullbacks. Thats a normal pullback within a trend continuation. An almost 100% pullback is not taking profit, imho.

Cable Update (GBPUSD)

I agree, martingale is risky. I like Tautrader, he is nice and polite, but I also remember he was longing the euro drop since 1.3850, until the account lost most of its $. As you said...it may work for weeks or even months, but then one trade kills ...

Cable Update (GBPUSD)