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    • coyoteuglyxxx replied Nov 23, 2021

      That would be unthinkable. The guy in the clip was trading part time for a hedge fund and I guess they (Hedge Funds) benefit from special deals and super ultra low spread, But, still you’d need to be pretty good at that and it looks as if this is a ...

      Cable Update (GBPUSD)
    • coyoteuglyxxx replied Nov 23, 2021

      I was watching a scalper’s explanation to this question in YouTube, but he was scalping off 1M chart, looking for 2-3 pip profit per trade and if the trade goes against him, he would add to a losing position, doubling the bet. In his words this is ...

      Cable Update (GBPUSD)
    • coyoteuglyxxx replied Nov 23, 2021

      I guess Frankfurt will take it lower to test 1.3372, perhaps a bit lower. LO might test 1.3355 and if it holds then 1.34xx. I think 1.3355 is key for today’s move and could mark a bottom before she goes up towards 1.36, but this is all in fantasy ...

      Cable Update (GBPUSD)
    • coyoteuglyxxx replied Nov 23, 2021

      Great observation and I know what you mean. I’ve had this target in my mind since yesterday and I’m like glued to it lol. Slightly wider SL a bit more than 1 to 1 R:R. Had to place it above the high there, otherwise it does not make sense to me, but ...

      Cable Update (GBPUSD)