Sorry wrong chart - meant this one.... image

Cable Update (GBPUSD)

Agree but its a good idea to always minimise the risk where possible and that means going with the trend.

Cable Update (GBPUSD)

Thats exactly what I'm looking at and my target is the 50 fib where it may turn. Being flexible to me means going with the flow and not trying to buck the trend.

Cable Update (GBPUSD)

I aways look at all tf's and my bias is still L-O-N-G LOL.

Cable Update (GBPUSD)

Fair point..

Cable Update (GBPUSD)

Look at any tf above h4 and its U-P lol. So IMHO the best strategy is still buy the dips....its easier and safer...

Cable Update (GBPUSD)

Hey guys, Stop trying to pick the top - The trend is up. I know I keep banging on about this and I can't explain why the pound is strong - it should've tanked - but look at ur charts, its going up. image

Cable Update (GBPUSD)

What indicator showed heavy selling? Just curious.

Cable Update (GBPUSD)

FWIW - At 11 gmt we got the CBI sales figures - if its better than expected could move cable a lot.

Cable Update (GBPUSD)

Yep but I'm not adding any at this level - I think it'll be interesting if it gets to 66 tho.

Cable Update (GBPUSD)

So is PA gonna be boring again today?

Cable Update (GBPUSD)

Yeah but my nickname is Stew

Cable Update (GBPUSD)

Morning all

Cable Update (GBPUSD)

Nope - I entered at 135.90 -s/l 136.40.

Cable Update (GBPUSD)

You referred to it as GY in ur earlier post - Whatever - think I'll just refer to them as the beast and the mistress in future - lol.

Cable Update (GBPUSD)

I beg to disagree - It turned exactly on the weekly pivot at 136 - nice round no and dropped a 100 pips - perfect. See my post from this morning..

Cable Update (GBPUSD)

Doh - really?

Cable Update (GBPUSD)

tp 6481 yeah -

Cable Update (GBPUSD)

So why GY

Cable Update (GBPUSD)

Really try the EY/EJ its a lot less volatile and the spread is reasonable. BTW I always call it EY same as GY - not sure how it should be referred to.

Cable Update (GBPUSD)