price is struggling out @ BE pending long 15855

Cable Update (GBPUSD)

its 15872 again....its long again

Cable Update (GBPUSD)

posted this last night Jazznos have a look S&R

Cable Update (GBPUSD)

closing for 20 and scalp mode well and truly on...

Cable Update (GBPUSD)

cutting my 15893 entry to lower risk (-15) was a silly entry still long from 15872

Cable Update (GBPUSD)

Gone long again 15893 same reasons and plan as before just added another entry level

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Taken the original TP and out of one position for 24 pips.

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signing off - lets see in 6 hrs or so...

Cable Update (GBPUSD)

hearing you Magix - is this what you mean? (M30)

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screw it...back to plan A re-entry @ 15872

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exit @ BE on first position , quite a bearish few candles on 15m.Still favour long...looking to re-enter

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copy...paste...(into brain)

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not yet price is stalling around 50% OCT8 swing low to swing high - I think if it makes it through it might be quite fast,so next step is looking to make that 25 my new stop loss level

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thanks - so it looks like 1.4x - 7x (1-5 lots)

Cable Update (GBPUSD)

OK - I've got a small account £4k.My minimum trade size with my broker is £0.5. Already with one position I am using 1.25x leverage as £0.5 per pip is trading with £5k. With my current trade plan,for example, 3 entries would equal 3x£0.5 or £1.5 per ...

Cable Update (GBPUSD)

but how much leverage is that to you,if you don't mind me asking?

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Thanks $B ... initial plan is quite low leverage,so wont sweat it too much,its about 3.8x if all 3 entries are made.Would like to know what kind of leverage others use?

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Magix...Yes,would rather not take this trade into LO really,want to be out before then.My day is nearly over (I'm in the UK)- will wake up before LO to see what happened.Initial risk plan is 1.5%...thanks for feedback

Cable Update (GBPUSD)

Thanks Magix....this is how I am seeing it,perhaps a bit lofty for a mere 25 pip target off 1st entry,but anyways...looking for trendline support,about where I put my first entry,if that gives,then support in FIB 8OCT swing low to swing high,if the ...

Cable Update (GBPUSD)

My prospective 3 entry trade plan on 1H chart.Looking to TP between now and before Europe open.TP is lower as entries 2 and 3 are made. Still flexible as low leverage used. Implied risk is currently 1.5%

Cable Update (GBPUSD)