Not usually one to use RSI but I do find it to be somewhat useful on larger timeframes. Both daily and weekly are around overbought conditions. Wouldn't be surprised to see red candle tomorrow and some further bearish action into next week. Of ...

Cable Update (GBPUSD)

Your trend direction says short? In what world is the trend short?

Cable Update (GBPUSD)

Out of a short, why do I insist on counter trend trading, trend is long, I should only be taking long positions. Gonna take a break from this forum, the masses of people shorting every 5 seconds gets to my head.

Cable Update (GBPUSD)

1.30 level is tempting me with a short, will wait for a nice red candle before entering. Small risk as counter trend.

Cable Update (GBPUSD)

Im expecting a drop to 1.2850 from now, may take until tomorrow. Will long in that area.

Cable Update (GBPUSD)

Cant stop hunt if you aint got a stop, ey moty?

Cable Update (GBPUSD)

What a lovely spike, just went with small long on GU. AUD/CAD trade also came through. Done for the day. Also that buying just before the news, someone leaking that shit.

Cable Update (GBPUSD)

Are you holding trades for years? If not, I don't see how that's relevant.

Cable Update (GBPUSD)

Think it will be a bearish daily candle tomorrow then we will continue move up. Will be looking for longs in 1.2750 - 1.2850 area. I'll most likely be looking at the S1 pivot level as the area for long whatever price that may be. Took no trades on ...

Cable Update (GBPUSD)

Would much prefer a retrace to pivot before going long but im not convinced it's going to get there. Will keep an eye out for a strong green candle to enter.

Cable Update (GBPUSD)

CHF pairs look awful to trade, fair play to anyone who manages it.

Cable Update (GBPUSD)

It's crazy from my perspective because I struggle to hold my positions for the entire day, often only catching half a move. Its a complete mindset shift and something that I'm continually working on. Last week I held a bunch of positions from Monday ...

Cable Update (GBPUSD)

Out down 0.1%, told you I wasn't convinced...

Cable Update (GBPUSD)

It's a fair point, maybe I should be looking at other yen pairs. Been trying to avoid having a million pairs to look through though.

Cable Update (GBPUSD)

Been looking at yen recently aswell, managed to capture about half of the move down on USD/JPY today. Trading it with caution though as I'm bullish overall. Looking at 140.00 area to restart the move up but will wait for a daily bullish candle ...

Cable Update (GBPUSD)

Go on then ill join you for this one. Short, 1.2847, SL 1.2855, TP 12805. Risking pretty much nothing because im not convinced.

Cable Update (GBPUSD)

Those buy trades at the bottom, crazy stuff.

Cable Update (GBPUSD)

No I mean, if price breaks through this level i'd consider it to be a short-term downtrend.

Cable Update (GBPUSD)

I dont really look at DXY but im bullish GBP/USD. Will continue to be bullish until break of 12680.

Cable Update (GBPUSD)

Long is my preferred direction but its approaching that time that the market quiets down and goes into a range.

Cable Update (GBPUSD)