Maybe I've been indoctrinated into candlestick patterns but the daily candle looks like a bullish reversal. Although I've also been told candlestick patterns are retail traps mostly. The only one I really like to use for entries are engulfing.

Cable Update (GBPUSD)

Looks like its setting up for a bullish day on FTSE based on daily candle stick and strong reaction from 7440 level. But don't take my word for it, I'm bad at trading!

Cable Update (GBPUSD)

For people like this just add them to the ignore list and don't reply to a single comment they make. Just let them speak to themselves. They love to talk so much but refuse to back it up with a single live trade or evidence of results. Most of the ...

Cable Update (GBPUSD)

Short 12710, SL 12730, TP Open. I'm more expecting this to be a retrace rather than a continuation trade as I believe we will be bullish tomorrow. So will watch price action for exit.

Cable Update (GBPUSD)

Im looking at the divergence on AUD/CAD daily, got in long at 8730. First TP 9000, second TP 9500. Will take most off at 9000. If we break descending channel will look to re-add.

Cable Update (GBPUSD)

I'm interested on your view on AUD/CAD, its looking like its preparing for a swing up to 9500. Do you trade it?

Cable Update (GBPUSD)

Ima do my super duper uper special combo trade and take in both directions hoping I don't get whipped out.

Cable Update (GBPUSD)

So think we will be seeing buying in GU for the rest of the week now. Weekly S2 big boy strong support. I faded the sell like an idiot, but its working like gold so far.

Cable Update (GBPUSD)

Because 0.25 was expected, it was already priced in.

Cable Update (GBPUSD)

I agree, I'm looking at 0.5 increase.

Cable Update (GBPUSD)

Cancel that, gonna enter a long two mins before the news just as a hedge. Will keep short open.

Cable Update (GBPUSD)

I think if this 15M candle closes around this level I may consider entering a long targeting R1 (~12780). Whilst keeping my short open. Reasons for trade, near weekly S2, near daily S1, possibly liquidity grab from yesterdays low and bullish ...

Cable Update (GBPUSD)

SL revised to BE. TP set to daily S2, 12612. Have to be conscious of the fact that weekly S2 (12637) is approaching and is typically a very strong support level. Could definitely see a bounce from there and retrace for the rest of the week. For ...

Cable Update (GBPUSD)

Good luck! I’m risking 7 pips so I don’t mind too much either way!

Cable Update (GBPUSD)

Will be keeping my short from 12732 open throughout asian session. I'm expecting one of those annoying moves where it just goes down in asian and london sessions with little opportunity to get in. As for news I just use forex factory not sure on ...

Cable Update (GBPUSD)

Haha, thank you, may not work out yet though! Reasons for the trade: yesterdays low, todays S1, tomorrows future pivot likely around this level. Liquidity grab on 15m. Stop now moved to the high. Risking 7 pips. Will remove stop from 10PM-11PM to ...

Cable Update (GBPUSD)

Short 12732, SL 12752, TP Open.

Cable Update (GBPUSD)

I've attempted to test it but I'm not really sure how to code price action and my strategy relies heavily on that. I pretty much just use market structure to determine trend, then pivot points to determine entries and exits. At around 9AM (GMT+1) ...

Cable Update (GBPUSD)

I don't have a specific RR in the mind it's just whatever the high/low of the day is for my SL and then TP is wherever I think price is going to go which is a combination of ADR and pivot points. At least for my intraday account. I prefer not to ...

Cable Update (GBPUSD)

Target hit, will wait for retrace to continue shorts.

Cable Update (GBPUSD)