Also, the reason for the bullish move on Monday was the SW ZONE that was tested on Friday. here take a look image A break of that zone will mean more sells. but I wait for a retest before joining in the short team.

Cable Update (GBPUSD)

no, I am not sure.. just giving a scenario because of the upcoming BOE rate news. anything can happen.

Cable Update (GBPUSD)

Let me explain further. the bullish run on Monday was a test of the previous week's open price which in effect had BEARISH SW ZONE there making the fall 100% sure(only using CS to look for confirmation and entry). Now, during the bullish move market ...

Cable Update (GBPUSD)

actually market was reacting to the sandwich zone and also visiting the weekly open price. image well, it is just my way of reading the market. No offense.

Cable Update (GBPUSD)

ouch!!! let see what the BOE will do tomorrow. image Maybe retest of the week's high for another selling opportunity. Figures crossed image

Cable Update (GBPUSD)

tomorrow is a big day for the pound. I suggest you breakeven...

Cable Update (GBPUSD)

TP hit (this week's open price) 1.2511

Cable Update (GBPUSD)

TP almost hitting... just go with the flow image

Cable Update (GBPUSD)

Every broker is a market maker. Just check the country in which the broker is being regulated.

Cable Update (GBPUSD)

with any great fall, there is a rise.

Cable Update (GBPUSD)

2518 is most likely. 2516 already tested.

Cable Update (GBPUSD)

SELL still pumping blood.. TP1 @ this week's open price(1.25104). Wait for a pullback and short. image

Cable Update (GBPUSD)

Thanks boss!!

Cable Update (GBPUSD)

here you go. enjoy url

Cable Update (GBPUSD)

ouch!!! image

Cable Update (GBPUSD)

All brokers are the same. No broker is best. my only tip is to choose a broker which is regulated in countries like.UK, USA, and Australia. Most brokers B-Book the traders.

Cable Update (GBPUSD)

which broker do you use?

Cable Update (GBPUSD)

Exactly mine too did not close bearish.. this shows how messed up our brokers are.

Cable Update (GBPUSD)

If traders are patient with GBPUSD they will be rewarded big time. image

Cable Update (GBPUSD)

no am out. 4HR close failed to form BEARISH ENGULFING. so I waiting now. Price dropped to test the DAY's open price can create the bullish move.

Cable Update (GBPUSD)