I do my transactions at different repeatable prices... Even if the price sinks to 1.31 I can still buy again and target 1.3215.... Martingale at repeatable prices is the best way to trade from my perspective.

Cable Update (GBPUSD)

Bought GBPUSD 1.3215... target 1.3255

Cable Update (GBPUSD)

Exited at 1.3306... -6 pips... I will sell higher from 1.3370 area.

Cable Update (GBPUSD)

Very well said mate... I also usually look for between 20 - 60 pips target these days. It is also important to know the medium term structure for better Intra day positioning.

Cable Update (GBPUSD)

Price has been bouncing by 220 - 260 pips after touching new yearly low... This means that 1.3378 - 1.3420 could be the target for bulls before the bears can fully resume again, meanwhile some 80 - 100 pips drop can happen before 1.3378 -1.3420...

Cable Update (GBPUSD)

Sold GBPUSD 1.3297.... target 1.3247.

Cable Update (GBPUSD)

Bought GBPUSD at 1.3200.. no target Exited at 1.3227... +27 pips.

Cable Update (GBPUSD)

A temporary support seem to have been found at 1.3158 after minimum expected monthly range was attained, now the bounce to 1.3245 means price has bounced 63 pips above open price which means retracement of at least 117 to 230 pips is expected to ...

Cable Update (GBPUSD)

Yes it wasn't done rising but I noticed Trump induced the bull bounce and after some time price starts collapsing again to new lows. Price has already met expected minimum March Distance and bounce has occured. I will target a buy from 1.3100 or a ...

Cable Update (GBPUSD)

Exited at 1.3210...+10 pips.

Cable Update (GBPUSD)

1.3000 is the most repeated price in GBPUSD for the past 10 years. 1.3000 has happened in 42 different months since year 2016. 1.3000 is a very real possibility but it won't happen in a straight line, there will be some mini bounce here and there ...

Cable Update (GBPUSD)

Here we are at 1.3182 at just the extreme end of the month, the minimum range has been forced out. Now let's expect at least 117 pips bounce from whatever low it makes now.

Cable Update (GBPUSD)

Minimum monthly range met at 1.3182.... now plan to buy again if price drops to 1.3150... to target 1.3350

Cable Update (GBPUSD)

Bought GBPUSD at 1.3200... target is not set.

Cable Update (GBPUSD)

Exited at 1.3232...- 8 pips. I'm not comfortable with this price action. Trump tried to create bull move and yet price has collapsed again as it did last week.

Cable Update (GBPUSD)

Very good observation, exactly what informed my buying decision, also considering today is Monday and most Mondays produce bull move.

Cable Update (GBPUSD)

I don't place my trades at one price, I apply Martingale. I can easily buy again at 1.3180 and still target 1.3240 to make 60 pips on buy 2 and achieve breakeven on buy 1. Risk reward favours buying than selling now. I still have my eyes on 1.3180.

Cable Update (GBPUSD)

Bought GBPUSD 1.3240.. target 1.3330.

Cable Update (GBPUSD)

I had to exit the buy as today is Monday and price is yet to complete the expected minimum monthly range of 300 pips which may attack 1.3180 area. Though recent Mondays have been heavily bullish but I don't want to Count on that alone.

Cable Update (GBPUSD)

Exited at 1.3272.. +9 pips.

Cable Update (GBPUSD)