As I just saw the bit movement is down and creates a low as 1.9724 which will be a good sign and if touches our pivot of the day which was 1.9700 then we back to business Hurrreeeeeeeee...........

Cable Update (GBPUSD)

After the end of the first hour in Asia, i think the trend is down as it is dropped from 1.9754 to 1.9734. Actually we will confirm this pattern by the end of 4 hours whiich will be 8:00 pm Eastern. Once the down pattern is gets started which is ...

Cable Update (GBPUSD)

guys this is only money and please do not see anything granted as I was told that if you confident in your trade then you have 100% control. Plus you saw yesterday night tight range between 1.9648-1.9703 for 8 hours then in London opening it got up ...

Cable Update (GBPUSD)

You must be kidding. Because if I would loose my 4 trading I would definitely go back to demo for at least 3 months.

Cable Update (GBPUSD)

I can give you my opinion as I used to do the trading based on all the news and event. Initially what I see GBP will take a move down between 12:00 am- 2:00 am then from London opening its trend will confirm towards downward directon and it might ...

Cable Update (GBPUSD)

Thank you so much of your advise. I think I need these great kind of advices. Alqaz.

Cable Update (GBPUSD)

Hi Fx Local, I have a question I know it sounds silly but asking question is better than make a mistake especially among excellent traders. I have heard from the forum that take some profit at some level. My understanding is when we take profit we ...

Cable Update (GBPUSD)

oH yEA i TOTALLY agree because I missed the top out entry because I didn't have patience. I think after tomorrow I will need a break to prepare myself more and read the analysis and charts more and more and more...... Currently my PT level for ...

Cable Update (GBPUSD)

I want to comment on the previous chart that it will call for further weakness. I think after the London Close at Noon (US Central Zone) the cable would start declining and the Asia will put more highlights into it. We just have to stick with Shorts ...

Cable Update (GBPUSD)

I think if you guys want to rest your brain for few hours then my suggestion is put a stop loss of your short trades at 1.9850+ and PT level is at least 1.9500 and just monitor the rate every 4 hours because 1 HR chart is showing upward momentum but ...

Cable Update (GBPUSD)

I would say CNBC.com or CNBC channel on TV. Thanks,

Cable Update (GBPUSD)

Also bad luck to me Navin. I think my stop trail didn't work. May be I started it after I took the position. I totally agree that experienced traders sometime take risk of going against the trend. I am not one of them because I am still in learning ...

Cable Update (GBPUSD)

I can help you guys with my resources I just found this hotest trading signal Entry point 1.9683 SL: 1.9723 but I think it should be 1.9750 and TP: 1.9619 Thanks,

Cable Update (GBPUSD)

You are absolutely right Actually I am waiting for sell on a high and whenever this high will come from really GOD knows. I don't know how to draw fibs but you are right never go against the trend. In the whole picture of Wednesday trend, the only ...

Cable Update (GBPUSD)

Hi Navin, I did make the mistake as well. I lost 41 pips as my stop loss was 1.9650 actually I didn't have to trade with long. Any way please anyone tell me is this the good time to place a short entry for any new position randomly like entry point: ...

Cable Update (GBPUSD)

My stop loss did hit at 1.9650 and I lost 41 pips. I have one lot with short at 1.9661 with stop loss at 1.9750 and TP at 1.9600. I am gonna go to bed. have a good night guys.............

Cable Update (GBPUSD)

i think between 12:00 - 2:00 am (London time: 6:00 am - 8:00 am) it will go up and between 3:30 am -6:00 am (London time: 9:30 am -11:00 am) it will be up again because of the news (Industrial production/manufacturing production) then from US ...

Cable Update (GBPUSD)

Thanks buddy I also have another lot for short do I have to do this feature with short lot also I put a stop loss of 1.97200 and took at 9661 do I have to do this feature with short lot too. I think I need to do that.

Cable Update (GBPUSD)

Sir, please I didn't understand you said stop loss at 1.9647 with trail set to 10 what does that mean? I didn't start my another lot for hedging should I take second lot for shorts..

Cable Update (GBPUSD)

Same here guys. I have a risk of $41 for 1 mini lot that I took long at 1.9691 in different platform (FXCM) and have a Stop Loss at 1.9650. I am currently 24 pips in loss. I can do the hedging in FXCM with 1 lot short any idea from an experienced ...

Cable Update (GBPUSD)