Your chart shows its well supported at 1.260x area, I will only consider shorting again this pair if price closes below that. Thanks

Cable Update (GBPUSD)

Waiting at the sideline. In case price to reaches 2000 area, will look for confirmations to sell. Also probable that price might reach 2050, might as well look for signs of that happening.

Gold

im not sure if I said it wrong but what I meant is im not trading based on assumptions, Im trading based on a plan where part of it are assumptions. I think its different. A plan is about what you will do in the future, and I said assumptions are ...

Cable Update (GBPUSD)

well assumptions are parts of a plan, since youre just anticipating what could happen in the future. Then if youre assumptions do come true, then you act accordingly. you are not acting based on predictions per se but only if your prediction come ...

Cable Update (GBPUSD)

Nice post. Though I'm hinting a choppy or no clear direction early next week, will wait for a clear confirmation. Own bias is this might go down to 1.8. Just my take. Thanks

Gold

I agree with you, price might retrace to 1.2250-1.2300 then go up from there. 1.28-1.30 might be a stretch mid to long-term but who knows. Just my take. Thanks.

Cable Update (GBPUSD)

Patience (and discipline) is a virtue. Very true for trading and investing.

Gold

Sitting on the sidelines as I see the market is in a "mini" consolidation after that strong up move. Eyes on UJ this time.

Gold

Will wait for the price to retrace to 1.22 area then look for trading set-ups for a potential long trade

Cable Update (GBPUSD)

Not really, will be on breakeven if you mean price falling further

Cable Update (GBPUSD)

Still here. Why you ask?

Cable Update (GBPUSD)

I am more of a longer term trader Sir. Normally trades on the 4Hr but also on the daily.

Cable Update (GBPUSD)

Well said also Sir. Thanks

Cable Update (GBPUSD)

I respect your opinion, but as what Ive learned so far in my trading career, anything can happen. I have biases since I'm long, yes, but I have an exit plan in case what you call circumstances indeed make the price goes further south. I also have ...

Cable Update (GBPUSD)

Because reversal can happen?

Cable Update (GBPUSD)

My guess.

Cable Update (GBPUSD)

Been reading the posts here, most are very valuable for my own trading. Learned so many things but the 3 important things I learned, which I always need to be mindful regarding technicals: 1. Structure (the context: going up, down or sideways) 2. ...

Cable Update (GBPUSD)