Hi All Well this trade did not play out as it hit my SL I seem to making the correct calls lately but i am failing with my placement of my SL I think or maybe it's my timing of entry Never mind....will try and see were i am going ...

Cable Update (GBPUSD)

Cheers....I'll have a read Darren

Cable Update (GBPUSD)

I am new to forex but i do find them to be very useful on higher TF's....I do feel they are very strong psychological levels and is probably the reason you see huge reactions. Maybe the more experienced on here could comment?

Cable Update (GBPUSD)

Agree....it needs to get through 1.5926 for me to be happy with my short. Should have held on longer to see really

Cable Update (GBPUSD)

Chart

Cable Update (GBPUSD)

Does not want to break that trendline !

Cable Update (GBPUSD)

Really appreciate your reply...thanks

Cable Update (GBPUSD)

I did not see this either...i need to start looking at my charts in more detail and all TF's....cheers bbakker

Cable Update (GBPUSD)

Wormboy....some advice please would you have waited until around 915 or lower?

Cable Update (GBPUSD)

Thanks for the heads up....hopefully its not a newbie mistake SL @ 1.5956 Lesson learnt if it does not go my way though....cheers

Cable Update (GBPUSD)

Nice Pin on 1h and one forming on 4h Gone short @ 1.5926 TP @ 1.5900

Cable Update (GBPUSD)

You have been chasing your loses thats a BIG NO NO

Cable Update (GBPUSD)

Please explain to someone new too trading?.....I do know it had a major rejection in December 2008 and it took two months to break through in May and June 2009

EURUSD

Long @ 1.5723.......lets see what i wake up to

Cable Update (GBPUSD)

I'm no good at surfing

Cable Update (GBPUSD)

Cables not telling me to go short or long at the moment.

Cable Update (GBPUSD)

Managed + 8 pips...oh well better than nothing. SL was very tight but it needs to be at this time of night

Cable Update (GBPUSD)

It Took my SL

Cable Update (GBPUSD)

Keep moving my SL 10 pips away from price just incase its a Gap Fill-Price

Cable Update (GBPUSD)

Evening All...hope you have had a great weekend Moved to BE

Cable Update (GBPUSD)