LOL sorry. I missed this mornings boat, going to try to catch the afternoon one and see which way I go (which will be sinking at a guess).

Cable Update (GBPUSD)

Could you explain why (and I dont want to imply I'm second guessing you at all or anything, I'm just curious to see how people call things).

Cable Update (GBPUSD)

Thankfully not as freaky as last Friday. Has bounced off the trend line I drew earlier, and is going back for another go now by the looks of it. Not exactly moving quickly today!

Cable Update (GBPUSD)

14560/70 level?

Cable Update (GBPUSD)

Great info on there. I see an additional line from last month (yellow on attached chart) which seems to have held it's ground today (failed lastweek on the election news blip) and it's been tested several times in the past 24 hours, several times ...

Cable Update (GBPUSD)

Man, that HAPPENED to me all the time. Few very bad trades where I've done the wrong things. Best advice I can offer right now: 1. Dont try to jump on another trade to get back any losses 2. Dont follow blindly anyone elses trades, make sure you ...

Cable Update (GBPUSD)

On my demo, I put a long in using the new Magix system, SL now at BE+2, plus trailing stop in place. So far so good!

Cable Update (GBPUSD)

Look on the M5 last Friday, bounced along this level for quite some time, off the 200ma a couple of times then went up. Obviously different circumstances from then, but who knows...

Cable Update (GBPUSD)

I've been out all day so missed the action, however, I have to admit that I took a (low bet) long last night after looking into what Cloggie had said, bagged 60 pips from it (thanks again Cloggie). Currently not looking good for cable, however it's ...

Cable Update (GBPUSD)

My problem was emotional and greedy, I have decided that the seven deadly sins fit in perfectly to trading and how to do it wrong! I had a +70 trade that the trailing stop closed as we took a dip back down to 15003. Being greedy, I jumped back in ...

Cable Update (GBPUSD)

No insult taken at all, and you are right in everything you say. I know where I went wrong today, and I know where to start afresh, and stage 1 is going back to your thread and reading it again. My big mistake for every losing trade I've had is ...

Cable Update (GBPUSD)

I'd be tempted, but we'd be at 1.35 in no time!

Cable Update (GBPUSD)

Looking back, if we break 14817 and hold, GBP is doomed for a while!!

Cable Update (GBPUSD)

Kill, why the trend line from that bar and not the daily low? My chart is similar to hhitches and shows a break out going from Fridays low through yesterdays low.

Cable Update (GBPUSD)

Too true. You, cloggie, BB and numerous others make it look too easy. I've been too busy to do much lately but have caught some blinders (in my books) although I missed most of the action last week (caught one 120 ish pip drop and that was it). ...

Cable Update (GBPUSD)

Bah! I am now 100% convinced someone watches me trade and reverses the direction most of the time, then when I close it or walk away from my PC it goes my way (until I get back to my PC if the trade is still open). Amazing stuff I'll have to have ...

Cable Update (GBPUSD)

I use it for shares too, and thankfully they go a bit better for me I thank you already!!! It's my own fault for having an account with quite a bit in it and reasonable profit from other things like shares. I'll still use this account for trades, ...

Cable Update (GBPUSD)

Hmm, maybe I didnt jinx it, cos I closed off my short for a loss, it went up 5 more pips and has dropped like a stone. OK, I'm gonna whore myself out, I'll put a trade on, everyone do the opposite and cover my losses + 5% and I'll be happy

Cable Update (GBPUSD)

You know what, my gut instinct said that but I just followed what others seemed to be doing. My mistake, as usual. Not blaming anyone btw, just myself. Stopped out manually, will read again and not trade!

Cable Update (GBPUSD)

Sorry Kill, think I jinxed the short by going short, as usual it went back up after that!

Cable Update (GBPUSD)