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?

Cable Update (GBPUSD)

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?

Cable Update (GBPUSD)

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)

starting long again...looking for bounce off the trendline 15871

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I'm bailing out of this for 9 pip loss...could be bearish continuation pattern forming

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the 50% is at 15920 the 200 ema 15 is at 15918 so the target is just below that.I may close one off and let the other run...if it doesn't drop before,that is

Cable Update (GBPUSD)

looking for support now 15826 area - taking multiple small positions until then,if necessary and stop below there

Cable Update (GBPUSD)

Hi all - I am long 2 positions...15907 and 15887

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Closed my 15920 for 18 pips...looks like wait till Asian session now...

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set 2 pending longs...15920 and 15895. GL All

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closing for 10 loss...no 15m candle closed below the open so far...should have taken my 20 when I had the chance...

Cable Update (GBPUSD)

short @ 15950 ... looks weak to me

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missed some good opportunities today because I was working bring on the day I can do this full time.Thanks to Magix,Wormboy,Cloggie,USDBear,Geppy,BBmac and everyone else who puts great posts up - it truly is a massive help...good weekend ...

Cable Update (GBPUSD)

Stop is now @ BE

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Short @ 15885 25 stop

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Took 3 positions out of all for -20 in total

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have gone in early with 2nd order@15846

Cable Update (GBPUSD)