Wait, was somebody bullish last night? Hmmm...

Cable Update (GBPUSD)

Took a short at 4580 covered to BE now.

The WoRmHoLe

I agreed. And I understand your chart just fine. If I posted the one I use, its quite messy too lol

The WoRmHoLe

Yeah every trade is a learning experience. The 4600 level has been passed twice so for now, we favor a break lower but cant rule out breaks higher. We have two options for trades! I like!

The WoRmHoLe

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The WoRmHoLe

Of course. My trade earlier would have netted 60 pips had I just realized how important 4600 is. Yes daily is bearish. 4600 contains the 4-hour 21EMA and an overlap of a 38.2 and 50.0% retracement level. Given those hourly wicks too, could see more ...

The WoRmHoLe

Play this support. I am not so sure about that line. (no pun intended)

The WoRmHoLe

Regarding my post and plan above... Took long on re-test 4535, covered now +15 TP 4635. Cheers!

The WoRmHoLe

Im off to bed. Long from 4535 covered at 4550, TP 4635 (to hopefully ensure I get a hit while im sleeping!) Gnight and good luck all.

Cable Update (GBPUSD)

I can't predict the future (DISCLAIMER) But, yes I do expect there to be selling at 4700 IF IF IF *key word* we get there. We havent broken 4600 yet. Selling could happen now, or at any price between 4600 and 4700 so just watch and let the market ...

Cable Update (GBPUSD)

Wedding bells.... wait for ittttt Covered +25 .. go baby go!

Cable Update (GBPUSD)

Bull flag formation on 5 minute.

Cable Update (GBPUSD)

Does my trade humour you?

Cable Update (GBPUSD)

I never marry any position. My long trade from 35 is +30 now and im covered BE. No risk, but lots of reward coming if we break 4600!

Cable Update (GBPUSD)

Anyone take the trade?

Cable Update (GBPUSD)

Order in the works to test the bull case. Entry 4535 Stop 4515 TP 4600 or better We just tested the 30 level and bounced quickly. Looking to catch it again for a re-test.

Cable Update (GBPUSD)

Hey guys here's what I have for London. I'm off soon so hopefully I catch something out of this plan! Good luck today. url

The WoRmHoLe

Closed +28. Here is the next plan. Buy pullback to 4525 area (Daily pivot, 38.2 from yesterday high to low, resistance) Sell a break of and pullback to 4525 area. Buy a break above and pullback to 4600 and blue trendline. Above 4600 I see us trying ...

Cable Update (GBPUSD)

url Green everywhere.

Cable Update (GBPUSD)

Dont know man. Nikkei is way up, as are every other index. This move could have some balls to it.

Cable Update (GBPUSD)