closed at be

Cable Update (GBPUSD)

Although my system tells me only shorts, I have been buying.

Cable Update (GBPUSD)

Corto 1.21851

Cable Update (GBPUSD)

The bears (bearish) failed in their attempt to further drive the price down, the bulls (bullish) have taken control and have reached the first 25% level. The price should continue bullish to test the 1.21390 - 1.21485 zone.

Cable Update (GBPUSD)

By large investors I mean financial institutions that invest billions and are the market movers. I accept your irony, generally except those who trade with eas are in front of the computer giving orders to the market and in large institutions there ...

Cable Update (GBPUSD)

It is important to remember that today is a semi-holiday in the USA, it closes at 1 o'clock and it is noticeable that the big traders are not investing today.

Cable Update (GBPUSD)

At this time the price has not defined which direction to take, bullish or bearish. We have to wait until 10:00 a.m. for the major institutions to have taken a direction to try to follow them.

Cable Update (GBPUSD)

The price is likely to correct from this level.

Cable Update (GBPUSD)

Let's see if the bulls have the strength to break out of this price zone.

Cable Update (GBPUSD)

Let's see how far the price takes us today

Cable Update (GBPUSD)

It's having a hard time making lows on this 1H candle, maybe time to close short

Cable Update (GBPUSD)

During the month there are 3 or 4 sessions in which the market gives away money, this is one of them.

Cable Update (GBPUSD)

I trade 5m charts and follow the trend that my indicators detect, when they are all aligned in one direction I enter. In one session there may be several trend changes, I try to trade all the opportunities that my indicators give me.

Cable Update (GBPUSD)

Don't waste time looking for trend turning points, you have to follow the trend.

Cable Update (GBPUSD)

Although my trend indicator indicates a change of trend, the white candlesticks at the moment indicate caution as they are indecisive. I need more signals to go long.

Cable Update (GBPUSD)

It is easier to follow the trend than to look for reversal points

Cable Update (GBPUSD)

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Real Trading

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Real Trading

The price is in the testing zone for the bulls

Cable Update (GBPUSD)

Finally the price reached the desired target.

Cable Update (GBPUSD)