Out at 140.65, another 20 pips in the bag. Off to bed now, take care all. Over and out.

Mr Breakout (Day) Trading Journal

Breakout on the GBP/NZD, or so it seems.

Cable Update (GBPUSD)

Thanks. Seriously, coffee at midnight?? Plus lack of sleep (or no sleep at all), sometimes hungover, eyes fatigue, you should seriously take it easy my Chicago friend Cordially.

Cable Update (GBPUSD)

Well, made 10 pips so far (closed trades) during the Asian session and I am currently long the GBP/JPY (140.45, see my thread). I am also watching the GBP/NZD like a hawk, while eating sushi at the same time lol

Cable Update (GBPUSD)

Still flat, GBP/USD or otherwise?

Cable Update (GBPUSD)

Ascending triangle on the GBP/NZD (1-min).

Cable Update (GBPUSD)

Out at 1.2415, +5 pips. Like I said in another thread, GBP/USD is just a waste of time at the moment

Mr Breakout (Day) Trading Journal

Bought GBP/JPY at 140.45, 25 pip stop.

Mr Breakout (Day) Trading Journal

Limit order to go short GBP/AUD at 1.6190.

Mr Breakout (Day) Trading Journal

The cable is waiting for governor Mark Carney speech in U.K. parliament (Tuesday 21 at 5AM EST, 10AM London). Until then, yawn yawn...

Cable Update (GBPUSD)

Out at 1.6175, +25 pips. One down, neeeeext!

Mr Breakout (Day) Trading Journal

Potential breakout from a rectangle on the GBP/JPY (5-min).

Cable Update (GBPUSD)

Yep, that 5-min Head and Shoulders is still valid. Next stop is 1.2370 or lower, I agree. Heck if it could go to parity in the next hour I wouldn't mind either

Cable Update (GBPUSD)

I have the feeling that the cable is just going to waste our time with going-nowhere moves, at least until Tuesday. Boring time ahead.

Cable Update (GBPUSD)

In what way?

Mr Breakout (Day) Trading Journal

Short GBP/AUD 1.6200, 35 pip stop.

Mr Breakout (Day) Trading Journal

Not a chance my friend, not a chance.

Cable Update (GBPUSD)

Well technically no, because a scalper only looks for 5 to 15 pip profits then he closes the position and waits for another scalping opportunity.

Mr Breakout (Day) Trading Journal

Oh I see, so you are basically scalping the market. I use breakouts as continuation patterns and usually look for 20 to 100 pip moves daily.

Mr Breakout (Day) Trading Journal

Short again at the same price (1.2420), 25 pip stop. It'd better be good this time.

Mr Breakout (Day) Trading Journal