This is how I interpret the chart: The pair is trying level 1.59ers and got rejected.. The level is being marked by my Kijun sen (the blue line) in 4H TF... Expect more downside if the pair manage to breach this level. See attachment 1 On a shorter ...

Cable Update (GBPUSD)

TGIF... My long got closed @ 1.58949 and now is still indecisive to enter the market, you know, it's friday... Testing new low today?

Cable Update (GBPUSD)

Failed one... OMG...

Cable Update (GBPUSD)

OK, that's it... Got in already Long @ 1.59299 TP @ 1.60899 SL @ 1.58813 The pair is seen many times trying to dive below 1.59100 level but just hesitated to do so... Felt safe to go long this time; Will leave for a good rest for today...

Cable Update (GBPUSD)

6 minutes to go (sound just like a doomsday clock just now, lol..) I'm preparing to go long the pair in about 6 minutes as of writing... It can't breach level 1.59100 until now, a valid long for me today... Will see if I can get in soon...

Cable Update (GBPUSD)

I anticipated that head-and-shoulder pattern and put a short trigger that was triggered... Failed one too.. Very frustrating even though it was just a mere 37pips of the day... Now is still indecisive, until it can breach below my Tenkan sen line in ...

Cable Update (GBPUSD)

Lost 37pips for last short... Discipline can't be this hard....

Cable Update (GBPUSD)

I think that it is a head-and-shoulder pattern... Should be selling here... Open short triggered (just learned that using trigger will help my discipline on taking any trade) @ 1.59052 Let come what may??...

Cable Update (GBPUSD)

Yes, you are correct... It's a lot easier and leaves no pain behind.... Thanks, you are great in pinpointing out what the market is suggesting.. OK, step 1, change trading strategy, the rest will follow...

Cable Update (GBPUSD)

Well, thank you for the detail.. Fortunately I haven't shorted any yet... The pair just jumped 15pips as of last reply... Now that I can focus on trend-trading rather than momentum-snooping... Will stand aside the market at the moment, re-thinking ...

Cable Update (GBPUSD)

So are you suggesting that what the indicator is now showing at 1H TF is just hokum?... Shouldn't it retrace in hourly TF but still continue its trend in longer TF? How do you know if what you read in your chart suggest the correct signal?

Cable Update (GBPUSD)

Looking for short entry guys? The 1H TF is showing overbought already... Don't know if this is a good signal, but no action is taken right now...

Cable Update (GBPUSD)

Update: Closed the trade @ 1.58720 for a mere 15 pips just now... Not too sure about taking long near overbought area (just make up my mind) RSI is still pointing down... A little bit hesitated to take Long but taken it anyway @ 1.58556 for a some ...

Cable Update (GBPUSD)

When the retracement is completed, that will be my entry...Nice clue.. Thanks

Cable Update (GBPUSD)

Another Long opportunity is seen.. The pair is being traded upside and last retracement only lasted to 200EMA in my 30m TF... Should I open Long right away or wait for the retracement to finish somewhere down below? The RSI is pointing ...

Cable Update (GBPUSD)

Hello traders... Don't you think that it is better to spend your weekend outside trading world? I mean many other things are worth doing instead of lurking in the trading world... Enjoy your weekend... No pre-analysis, just see what will happen in ...

Cable Update (GBPUSD)

Closed my shorts @ latest dive... Will stay out of the market right now, feeling lucky and blessed... In my 1H TF chart, RSI is still pointing down but 30m is not...

Cable Update (GBPUSD)

Short call / add @ 1.55389 TP @ 1.54883 SL @ BE.... Possible push down if it can pass through Kijun Sen (shown as blue line in the chart) level in my 30min TF

Cable Update (GBPUSD)

It's diving here... Looking to test 1.54ish level? Not really sure, but it is a good chance of Shorting.. RSI is already pointing down in my 30min TF chart..

Cable Update (GBPUSD)

Just when I closed my Short in minus 7pips, the pair traded down to where I projected it would... What a day... No position taken yet, just random thought of not fighting the major trend...

Cable Update (GBPUSD)