Oh well, Guess I'm wearing the dunce cap today. Had a plan, didn't follow the plan, paying the price in missed opportunities because of it.... Good luck to all you shorts. I'm sure you'll make some pips from them.

Cable Update (GBPUSD)

LT, are those MA's set on close? Have you looked back any further than 3 days with them? Thanks

Cable Update (GBPUSD)

Thanks for the explanation Wolf.... I always learn a lot when seeing what others are thinking.

Cable Update (GBPUSD)

Well thanks LT but really...LOL...I'm NO master. Just a babe in the woods trying to find my way. I learn things from all of you everyday.... But I think you're right, this puppy is winding up tight and I think we'll see a break coming soon. Which ...

Cable Update (GBPUSD)

I see, thanks Simone. So are planning to hold it figuring it's going down longer term or are you closing at the bottom bounces and taking the profits?

Cable Update (GBPUSD)

Just curious here. I see folks like wolf and Simone taking shorts at 310 & 309 and such. If your going short, why not take it at the 320 it's been bouncing off of all day? Is it because at that level, you think it may go higher? Not trying to be a ...

Cable Update (GBPUSD)

Very nice sir!! Still can't seem to get through that 6320 line of mine though.... Will wait to see what this hour brings.

Cable Update (GBPUSD)

So you got in at 6270ish?

Cable Update (GBPUSD)

I don't think so WB. At least not by that TL you showed me. I'm still in the "I haven't got a clue mode"....LOL

Cable Update (GBPUSD)

I just hate it when I don't listen to myself.... url

Cable Update (GBPUSD)

I think I missed my boat for a short at 6320. Lower lows past 3 hours and seems poised to do the same this hour.

Cable Update (GBPUSD)

Well, I think I'll get back to my plan. If it gets back up to the 6320 area, I'm going short. Waiting this long was good though because if I had done this 5 or 6 hours ago, I'd have been bitting my nails to the knuckle the whole way...LOL

Cable Update (GBPUSD)

It was bouncing like this hours before the news and seems it still is. That's why I think the news didn't matter much. Could be wrong though.

Cable Update (GBPUSD)

Yeah, normally I use the EU as a "helpful" indicator but with the mess it's been in, I'm not even looking at it right now...LOL

Cable Update (GBPUSD)

Personally, I think the news had little to no effect at all.

Cable Update (GBPUSD)

It's funny BB. 7 or 8 hours ago my plan was to short this around the 6320 area. I've gone back and forth in my mind probably 5 or 6 times about that and now I'm full circle and thinking it again...LOL It's been hammering that line all day and not ...

Cable Update (GBPUSD)

Yep, I must have been bailing the water out of one my short boats at the time and had my back turned to ya...... It's all good, the next winner is just around the corner. Always is.....

Cable Update (GBPUSD)

Oh sure....keep rubbing it in.......... That 6320 still holding though......

Cable Update (GBPUSD)

LOL...and I think just the opposite. In this current environment, how the heck could you play anything LESS than a 1H chart.....LOL All these swings on a 1H are crazy enough. On a 1M...they'd drive me absolutely bonkers...LOL

Cable Update (GBPUSD)

LOL...what I DO see is it stopped dead on a minor SR at 6280. I'm not afraid to admit, I'm more than a little confused right now....LOL So I'll implement my standard number 1 rule, when in doubt, stay the #!%$ out....LOL

Cable Update (GBPUSD)