Brilliant, thank you for the insight, will keep an eye on PA at these levels. R1 at 12462 looks to be a good area to take profits. I've switched my bias to buy based on my system so I'll have to see regarding the big sell. As always will be ...

Cable Update (GBPUSD)

I was in the same boat, however must have got in a bit later as I was stopped out at break even. Just entered final long for today, targeting yesterdays high.

Cable Update (GBPUSD)

Looking to bounce downwards from pivot to recent lows. A break above is bullish til the end of the day. SL at BE.

Cable Update (GBPUSD)

Thats all your targeting? 1.30 here

Cable Update (GBPUSD)

Lets break pivot and fly GBP!

Cable Update (GBPUSD)

Short in at 12388, SL at 12408. Looking to break 12340 on this swing down but will get out there if price shows support.

Cable Update (GBPUSD)

Took a short at 12383 with stop just above 124. TP open although 12270-12280 is looking enticing.

Cable Update (GBPUSD)

Short in at 12418, last trade of a really good day. Don't mind too much if this is a loss but the reaction off pivot (12437) was too much to not get in. First target would be recent low of 12370. SL at pivot.

Cable Update (GBPUSD)

Was expecting the next push up to start here around 12330, however the low volume makes me think that it could drop further, possibly back to recent low of 12260. Will wait for confirmation to long at either of these levels.

Cable Update (GBPUSD)

Recently received a message asking whether this COT strength indicator actually yielded any results. Heres the reply for anyone interested: Hello mate, only just seen this. Been very busy with university so stopped trading for the most part and not ...

FX investing: mid/long term ideas

GU crossed below 15m 200MA and DPP. Short at 13488 targeting DS2 at 13425. SL 13505

Cable Update (GBPUSD)

FIA gifted the win to Verstappen. Honestly can't even be happy for the guy with how dirty his driving has been this second half of the season.

Cable Update (GBPUSD)

While its lucky to some degree, there's a lot of shit that people have to search through to actually find something decent.

Cable Update (GBPUSD)

Waiting for confirmation but we have just hit daily s2 which is a common area for reversal.

Cable Update (GBPUSD)

Long in @13714, SL 20 pips, TP 13775

Cable Update (GBPUSD)

Hello mate, sorry for the late reply. If I'm understanding correctly you use both the pivot created by Sundays data and a pivot created through Sundays and Fridays data. If this is correct that I agree 100%, price does tend to react to both of these ...

Cable Update (GBPUSD)

Cant believe I haven't seen more people take this trade, lovely bounce of weekly S2 and this triple bottom area of 1.36. First target weekly pivot ~1.38. Second target.. the moon?

Cable Update (GBPUSD)

Always interested in learning!

Cable Update (GBPUSD)

Most people I've seen skip Sunday for calculating pivots. So use Fridays calculations for Monday. This seems to work better however its still not great, thats why I normally avoid trading on mondays.

Cable Update (GBPUSD)

So looking at the daily and monthly pivot maybe we will have a repeat of June? Price waiting to break MPP then a swift move downwards?

Cable Update (GBPUSD)