It depends on the timeframe you are trading..

Cable Update (GBPUSD)

I just got the same thing from them. Fortunately I had no positions open, but I do see a good short opportunity here for a little bit.

Cable Update (GBPUSD)

Is that wat that is? I tried to put a trade in myself for short but it told me market was closed. I knew it was a JPY Bank holiday but I thought I could still trade. I have not looked into why I could not trade yet, I figured I would stop here ...

Cable Update (GBPUSD)

I beleive that should be ok.

Cable Update (GBPUSD)

I hit the 161.8 fib on the 4H candle and there is still 2 hours left of that candle. Can go up to the 261.8 fib but ususally doesn't. Typically this is a safe play. In addition, this has been trending down so I beleive we are safe. Time will tell.

Cable Update (GBPUSD)

I jsut entered short at 1.59825, lets see what happens.

Cable Update (GBPUSD)

lol

Cable Update (GBPUSD)

I haven't put anything in yet, and may not, will see. I am fading fast and I think I may be getting sick as well. So may be in bed before trade...

Cable Update (GBPUSD)

I will probably go short here in a little bit. coming up on the reversal fib.

Cable Update (GBPUSD)

I had it too, got out at top of channel though.

Cable Update (GBPUSD)

Good idea on waiting. Only one way to play this right now but you have to be experienced to do it right. Place a hedge at the middle of the channel. Typically when it breaks out of a channel like this it fakes one way and then back the other. This ...

Cable Update (GBPUSD)

Big1red9 — Happy New Year to you, haven't seen you in here since last year. C.

Cable Update (GBPUSD)

Not necessarily. Need to wait and see the confirmation. This is real flat. Anticipation is the mother of all f' ups.

Cable Update (GBPUSD)

It all depends on what your trading and the 300 pip draw down has nothing to do with money management. If you are a scalper trading off the 5 minute chart, 300 pips is a ton. Considering that the 5 minute scalper can typically only pull on avg 5 to ...

Cable Update (GBPUSD)

BT, This here is critical spot, we have been going sideways for 24 hours now. I would wait for confirmation before you really do anything. In the meantime play the channel. At the way top of this sideways channel play it down, at the bottom play it ...

Cable Update (GBPUSD)

Yeah pretty much. At least I made back most of my loss from last night though. Don't know what I was thinking last night. Didn't have a clear mind. Like I said though, can't have a gain every day, but as long as the loss is minimal, no biggie.

Cable Update (GBPUSD)

I may not even trade tonight, we will see what happens. I am so tired I decided not to even go to the office. Stayed home so if I don't like what I see, I will just go to bed. My wife would wonder what the hell I was doing there.

Cable Update (GBPUSD)

We are close, within 10 pips.

Cable Update (GBPUSD)

I am taking the Magix stand tonight and waiting for confirmation before I enter (maybe). I am quite tired and only want quick pips.

Cable Update (GBPUSD)

I figured out why I lost today. I had my fibs drawn in the wrong spot for the 4H. There was a master candle several candles back that I missed. All well, can't be 100%, although it would be nice.

Cable Update (GBPUSD)