LL on the daily tomorrow is a must and 1.3377 is inevitable IMO. I wonder what could go wrong lol

Cable Update (GBPUSD)

Short GU

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Long. I’ll copy your algo to around 1.3438 and then , short at the trendline. She won’t give up until she gets to 1.3377 IMO. Thank you ...

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I know it’s Pat’s fault… no question about that

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Yep, I think it’s time for your algo to change direction… nearly killed me this morning. One day I will go for that button (you know which one I mean ) when it trades against me lol

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Still underwater here with the LO shorts. I expect her to go back to at least 1.3419, then NY might take her lower towards my TP1 and TP2. 30 pip range so far means an explosion in one direction…soon IMO ...

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Still holdinsg on to shorts.

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GU LO Short - two targets

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Picking tops ain’t much different… The only way to do it is as donfriday said earlier… try with $0.10 on a $1000.00 account or similar account to risk ratio, otherwise it’s a no go and you end up in the same s**t

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Picking bottoms usually gives you smelly fingers… I’m speaking from experience lol

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I’ve chickened out, but it looks as if she’ll get to 1.3465. The downtrend move was strong. Holding on to a winner counter trade with absolute confidence is a privilege only reserved for the best traders. This is one of the biggest problems in ...

Cable Update (GBPUSD)

Looking at the daily, you are going in the right direction, spot on IMO, I think it’s time for GU to break loose, dropping out of her cage and as I posted earlier, the Lunar eclipse from last night is the trigger for this move. I know that the Lunar ...

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I was not very confident in the long. Out now.

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Risky buy GU at 1.3413 expecting a pullback. Aiming to sell the rally at 1.3465 if /when she gets there. She’ll drop lower below 1.34 later on IMO

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Believe or not, this is one of the reasons. They are very powerful in turning the markets and for tops / bottoms

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The news will get you out.

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46 pip range. Bad day...

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Can I ask you how do you read the volume data, plz? I tried to interpret it somehow but it seems very odd. If you could share some thoughts of how you’d read the screen shot, would be great. It’s a silly newbie question.. I know. Thanks very much. ...

Cable Update (GBPUSD)