and the 0.786 fib 1.4292 will keep an eye on it

Cable Update (GBPUSD)

Closed short pending order because of the trendline breakout. Looking for a new > 1 / 2 setup. Can't find any so waiting for the bounce. Think it was because of the news I couldn't find on FF? image

Cable Update (GBPUSD)

#17 Trade Setup Close Closed short pending order because of the trendline breakout. Looking for a new > 1 / 2 setup. Can't find any so waiting for the bounce. Think it was because of the news I couldn't find on FF? image #17 Trade Setup 1 ...

Plan the Trade / Trade the plan

I am short when I have an entry. In @ 4176 Target 4056 Looking at a descending triangle on the H4 btw, expecting move up soon? grtz Trade#17 Journal url

Cable Update (GBPUSD)

#17 Trade Setup On the H4 I am looking at a descending triangle. Expecting a breakout to the north soon. As bias stays short I will reduce my risk to 1%. Trading the bounce on the trendline and the move down to the triangle support line. I will have ...

Plan the Trade / Trade the plan

#16 Trade Exit For trade #16 I had moved my S/L to breakeven and got stopped out this morning. Closed in 10PIPS.

Plan the Trade / Trade the plan

# 16 Trade Report Since price made a new HL, speed downward is declining and we are in the tip of a triangle the market is a little too uncertain to trade at the moment. Bias will change to long if EMA 21 crosses EMA 55 upward (Speed UP increasing). ...

Plan the Trade / Trade the plan

Hi m8 I'm fine how are you? Still thinking what the plan is for next week. Breakout is one possibility. I'm currently in a short trade with T/P at the trendline. Trading the range of the triangle again sounds a bit risky to me. Time will tell! Still ...

Cable Update (GBPUSD)

The difference between a pennant and a triangle is the flag pole in the beginning. As a pennant is a sign of trend continuation, a triangle can go in either direction. So as I see it place a sell stop below and a buy stop above the triangle. Let the ...

Cable Update (GBPUSD)

If I get stopped out on my short postition I'm thinking on trading the triangle breakout.

Cable Update (GBPUSD)

Why not on mondays? Because of the market?

My Daily Coffee Money

#16 Trade Entry Sell stop got hit, only thing bothering me now is the HL that has been formed. Maybe took this trade too fast. Oh well S/L is in place and time will tell! Update I also used a wrong risk percentage, as in a previous post I said I ...

Plan the Trade / Trade the plan

#16 Trade Setup Market moved back up to the 61.8 fib line and the top of the triangle. Retouch on the trendline. Looks like a good place to short. Hoping on a breakout of the triangle since we are getting closer to the tip. If we have a breakout ...

Plan the Trade / Trade the plan

#15 Trade Exit GU market looks to be ranging. Closed my short postition @ breakeven. Waiting for the market to make another move for the next setup. #15 Trade Setup / Entry url

Plan the Trade / Trade the plan

Short closed @ breakeven. Getting too confused here. Waiting for the market to make it's move for another setup.

Cable Update (GBPUSD)

Sell entry @ 4157 TP @ 4057 S/L @ 4185 Got stopped out on 2 last trades, one I accidently closed a beer to many. Luckely I closed in 56 pips. The last one I got stopped out this morning @ MAP (+20PIPS) This trading thing would be ...

Cable Update (GBPUSD)

#15 Trade Setup / Entry As I don't think the market wil reverse at this point and I still didn't hit my T/P of before I have a new setup for trade #15. Market retraced to the 0.50 fib line. I have placed my sell stop below the 0.38 fib line with a ...

Plan the Trade / Trade the plan

#14 Trade Entry / Exit For trade 14 I entered it on my phone because I was exited on trade 13 and didn't think the market would turn the other way. I placed a sell stop below the last low on the H1 @ 1.41883 with the same T/P @ 1.40383. Moved to MAP ...

Plan the Trade / Trade the plan

#13 Trade Exit Hey Guys, On trade #13 I accidently exited the trade. Luckely I had gained some pips +52 to be exact.

Plan the Trade / Trade the plan

Am short @ 1.42335 aiming for 1.4108 and 1.4040 24 pips up, slow movement today

Cable Update (GBPUSD)