At the moment a bit hard. The bears got released and possibly the low could get tested first before pulling back up there. Albeit i could be wrong as you seem to be quite spot on and have a way to manage your position. Just watch your size Moty

Cable Update (GBPUSD)

The Pita Bread has become a Platter of Bread! congrats on your shorts. They did not get burnt I was with you on the same trade in GC but almost cut me out by 2 pips. Suddenly reversed and came down. God knows what happened...?

Cable Update (GBPUSD)

28 Aug 2019 Trade 1: GC - Buy @ 1.6341 SL 1.6316 TGT 1.6401 Result - CUT Trade at 1.6322 -19 pips Trade 2: GC - Sell @ 1.6320 SL 1.6347 TGT 1.6240 Result - Partial 1 @ 1.6270 +50 pips (spike down close half) Partial 2 @ 1.624 +80 pips Average Profit ...

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27 Aug 2019 Trade 1: GC - Buy @ 1.6179 SL 1.6160 TGT 1.623 Result - CUT Trade at 1.6167 -13 pips Trade 2: GC - Sell @ 1.6164 SL 1.619 TGT 1.6114 Result - CUT Trade at 1.6187 -23 pips Getting chopped today before the real move. Trade 3: GC - Buy @ ...

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Previous trade was a good one. It was worth 140 pips. I am not in the trade.

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26 Aug 2019 Trade 1 (Half Size): GC - Buy @ 1.6334 SL 1.6302 TGT 1.6395 Result - STOP OUT -32 pips Think its going to be a quiet day as GBP is on Bank holiday. I dont want to risk getting chopped by illiquid market. So trade small and this may even ...

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23 Aug 2019 Trade 1: GC - Sell @ 1.629 SL 1.6313 TGT 1.62 Result - Close Trade @ 1.6262 +28 pips Expectation for today is I will close all trades before CAD news and call it a day. Its Friday and there is Powell Speech. Weekends there is Jackson ...

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GBP got squeezed up "German Chancellor Merkel: We Can Find A Solution To The Backstop By October 31"

Cable Update (GBPUSD)

22 Aug 2019 Update for 21 Aug. No trades at night as there was FOMC. Expectation for today is I am not going to trade until after all the news. Previously all the news days I kept getting chopped up so I will only enter trades after the news. Stay ...

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Anyone have a clue why the Pound moved up so fast in the previous hour and now dropping quickly?

Cable Update (GBPUSD)

21 Aug 2019 Trade 1: GC - Sell @ 1.6169 SL 1.6196 TGT 1.6119 (keeping it 50 pips so i can turn my account green again. Mentally don't like to feel that i have worked for nothing this week) Result - Closed half before the news at 1.613 and the ...

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20 Aug 2019 Trade 1: GC - Sell @ 1.6139. SL 1.6169 TGT 1.6074 Result - Close Trade @ 1.6126 +13 pips Update 3:30pm: Shift TGT to 1.6. Update 5:30pm: Shift TGT back to 1.6074. Not looking bearish anymore. May take whatever is on the table if it does ...

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Thank you! i will have fun exploring this and see what i can learn from observing the relation of GU to this

Cable Update (GBPUSD)

Hi Moty, do you mind sharing what are those yellow boxes? They seem to be able to tell me the future

Cable Update (GBPUSD)

19 Aug 2019 Trade 1: GC - Buy @ 1.6147. SL 1.6169 TGT 1.6330 Result - STOP OUT (Cut at 1.6128) -19 pips Trade 2: GC - Sell @ 1.6123 SL 1.6151 TGT 1.6073 1.6 Result - Trail Profit STOP OUT 1.6078 +45 pips Trade 3 (Half size): GC - Sell @ 1.607 SL ...

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Considering a Re-entry. Liking the Hourly close. Trend is intact so watching for now

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19 Aug 2019 Trade 1: GC - Buy @ 1.6147. SL 1.6169 TGT 1.6330 Result - STOP OUT (Cut at 1.6128) -19 pips Trade 2: GC - Sell @ 1.6123 SL 1.6151 TGT 1.6073 1.6 Result - Trail Profit STOP OUT 1.6078 +45 pips 19 Aug 2019 Nett: 26 pips

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Trade 2: Still holding. Market seems like being held up at btm. May reverse. Preparing to exit if market does not break further. Dont feel good about the trade. May not even reach the target 1.6073. Update: If market does not break further from here ...

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Today has alot of opportunities. Trades i saw but didnt take: EU Long, EG Long.

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Feeling fearful about Trade 2 seeing my open profits going to dwindle as i don't want to lose money today. Price seems stuck at 1.61. But i have to hold the trade. Structurally its ready to move so now its just the ebbs and flows of the market. My ...

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