Hi krst8, Many thanks for taking time to answer back. I really appreciate that. Ichimoku is definitely really good. I normally use sma 50 and 200, stochastic and fib levels in all relevant timeframes. Of course, eyes opened to fundamentals and news ...

Cable Update (GBPUSD)

Hi Fontu, thanks for your comments. I'm definitely watching a possible checkpoint on 0.786 retracement too. Thanks. It's very possible. With Pound stamping Fib 61.8%, intense volatility is expected. 100-150 pips each way to get some air will be ...

Cable Update (GBPUSD)

Does anyone here trade Fibonacci retracement levels in different time frames? I see only very few posts about it. No many ideas to exchange at all. SMA 50 on the weekly time frame is pointing: The next bounce at Fib 50% retracement Historically ...

Cable Update (GBPUSD)

Pit stop on S1 already done! hmm

Cable Update (GBPUSD)

Trading 75 lots with 80 pips SL, once is triggered, $60.000 will be gone.

Cable Update (GBPUSD)

Waiting time maybe? That's why I'm saying that. image

Cable Update (GBPUSD)

I can see that too. From here, chart is going to draw letter M. 2940 -> 2067 -> 2955 -> 3060 area -> 2940 area

Cable Update (GBPUSD)

3060?

Cable Update (GBPUSD)

Extremely Angry Bear here in Australia... image

Cable Update (GBPUSD)

And now, It's time... image

Cable Update (GBPUSD)

Hopefully no slippage (SL bypass) this time. Trump to be acquitted on Wed. This should give FX a pump. Let's see how it goes till there. Trade safe and watch out your SLs.

Cable Update (GBPUSD)

Yep. I'm targeting that too. It doesn't seem it will go down much more now. It will come back to retest the breakout on 97.34 at some point. It's possible to sidewalk until Monday. Then up. Exact time to touch the bottom line of the crescent ...

Cable Update (GBPUSD)

Now I feel deeply offended you called me a nonsense politician.

Cable Update (GBPUSD)

I saw that too. I would go a little bit further. My guess: 97.30-97.35 Let's see.

Cable Update (GBPUSD)

No worries. If doesn't suit you, or you don't get it, don't bother. Most of traders develop their own strategies at some point, but come here anyway to nicely share with everyone and also to expand their own horizon of possibilities instead of ...

Cable Update (GBPUSD)

I think you nailed it hahaha

Cable Update (GBPUSD)

What?

Cable Update (GBPUSD)

GBP is only moving because of USDX. Very strong reversal expected. Have a look at DX and tell me what you guys think. image

Cable Update (GBPUSD)