Look for resistance between 6600-6700 .. A short as close to 6700 would be best with a stop just above. Below is my plan to take a short. This weeks close will be important.

Cable Update (GBPUSD)

hey man.. ya we have the same area in mind .. grabbed +10 on that other short last night this one coming up may be it! let's see

Cable Update (GBPUSD)

USD/CAD back at 1.08

Silent Service Method

Can look to short a failure at 6670 .. old daily high and monthly R1 pivot point.

Cable Update (GBPUSD)

The best way, for me, to trade eur/jpy is to trade support/resistance and chart patterns

If you love the EUR/JPY and you know it... clap your hands!

good .. when the trade is in profit, why would you ever let it go against you? i dont understand why some people do this but im sure you've read never to let a winner turn to a loser.

Cable Update (GBPUSD)

and when going countertrend .. you cant be selfish .. move the stop to BE as soon as possible and dont mess around

Cable Update (GBPUSD)

shorting below 6500 was ok but it depended on where u shorted.

Cable Update (GBPUSD)

I've been in a USD/cad trade so im not really following G/U like a hawk .. I have an alert set for when price breaks 6600 then ill start thinking .. for now no trade for me

Cable Update (GBPUSD)

6680 looks next

Cable Update (GBPUSD)

Thank god for stop losses! Took +10 on short from 6499.

Cable Update (GBPUSD)

Not usually .. nothing lines up perfectly in forex .. a double top can occur with two tops that are 10 pips different from one another

Cable Update (GBPUSD)

Unless there is some suprisingly good news today, I dont see technically why 6500 should break.

Cable Update (GBPUSD)

Havent decided yet .. stop is +10 and thats all i care about now Want to ride it low though .. 38.2 retracement and the 6500 level is strong resistance Very easy to see this coming.

Daily Cable Vision

possible ... wait for a pullback to short if u think its a double top

Cable Update (GBPUSD)

Too late now, the trend is still up anyway ... this is just how i trade, both directions .. like the market .. 6500 is a big level and i didnt expect it to breakdown after having been tested only once

Cable Update (GBPUSD)

im short 6499 at BE now

Daily Cable Vision

i am short from 6499 .. high on my platform was 6502

Cable Update (GBPUSD)

im just goind to keep moving the stop down a bit every 10 pips or so .. locked in 5 for now .. risky trade but i couldnt resist it

Cable Update (GBPUSD)

buying at that price would be dumb .. i SHORTED 6499

Cable Update (GBPUSD)