It retraced back to the 38 fib of the previous 1H candle and now attempting to break its high...

Cable Update (GBPUSD)

With the way it dropped off the 1.4 level, I thought we might retest the channel now sitting well below this 1H pinbar in the making... let's see how it goes...

Cable Update (GBPUSD)

Just wanted to say that on the Alpari feed price did close above 1.4. Open: 1.3867 High: 1.4026 Low: 1.3618 Close: 1.4016

Cable Update (GBPUSD)

Yes well done Guate... took longer today but in the end it worked out! Care to explain your risk to reward approach to this trade? As Infinity mentioned earlier you risked 129 pips on all orders for 30, 40 and 50 pips gain on each of these orders. ...

Cable Update (GBPUSD)

This is my 4H chart, candle closed 10 minutes ago... (With the Obama inauguration speech coming up... I wouldn't dare take it on)

Cable Update (GBPUSD)

His SL is the opposite entry price. (from what he said) That sell order does look risky, and the buy is not better as there are plenty of willing sellers at or around the 1.4 area...

Cable Update (GBPUSD)

I know what you mean but it's better to wish you'd done something than regret you did something.

Cable Update (GBPUSD)

It does !!!

Cable Update (GBPUSD)

Word my friend. This is the reason why I preferred to trade a micro account than to demo. Important thing is to be consistent though. Btw Nav about your entry on the close of the 4h, was there affirmative PA on which you took the trade or just ...

Cable Update (GBPUSD)

Nice one mate Did you unload a few at 1.4 that was your target?

Cable Update (GBPUSD)

Hey Guys. This is what I am looking at thinking that it needs to play out at some point. Will be looking for longs at around 1.4030 historical support.

Cable Update (GBPUSD)

He is also the first and hopefully the last on mine... "This message is hidden because Professor4x is on your Ignore List"

Cable Update (GBPUSD)

Yes, and you have just earned a place in my ignore list. Congrats.

Cable Update (GBPUSD)

I disagree, ever heard of a bearish engulfing candle? Also, professor, this is a cable thread. You went long at 4610 with sl at 4510 on cable, you went long at g/j 131.24 (current price 130.90 and you still claim 2% gain... You are also ...

Cable Update (GBPUSD)

Looking at these TLs for price action for possible long.

Cable Update (GBPUSD)

Though I never said it'll fall

Cable Update (GBPUSD)

If it doesn't and the daily stays as is (on all GBP pairs)... I am looking forward to next weeks trading...

Cable Update (GBPUSD)

Oil producers are so desperate for cash that they're willing to take money now even if it's way less than they could get for the same stuff six months from now. This is one explanation. Another could be associated with holding inventory costs...

Cable Update (GBPUSD)

LOL, I don't care if you break any rules to be honest, but really now, are you taking the piss? If you are, then good one... P.S I'm off to chill, see you all later

Cable Update (GBPUSD)

LOL, just kidding dude. Seriously though, what is your response to Allserene's question?

Cable Update (GBPUSD)