Trade going well thus far, its currently at 1:2 RR. I've told myself I won't take profits early but do I move my stop to break-even? Obviously these are only questions I can answer for myself but I'm conflicted! We have just tapped into the ...

Cable Update (GBPUSD)

Took this short on my FTMO challenge, unfortunately it was my last week in the challenge so I just wanted to get the account in profit so I can get a free retry. Exited the position last night before the big drop today, although I'd have liked to ...

Cable Update (GBPUSD)

Thanks for the chart, yes I understand divergence I more meant that I don't use an indicator such as MACD or RSI to identify it or use it to trade. Just that due to the relatively weak LL's we were saying its likely there is bullish divergence there. ...

Cable Update (GBPUSD)

Have kept my short open from 12874 on my swing account. However these moves down feel pretty weak, I'm sure there is plenty of bullish divergence showing (although I'm not a divergence trader). If we see a strong bullish candle on the daily, I'll be ...

Cable Update (GBPUSD)

Sure I’m up for it, will drop you a PM tomorrow bud.

Cable Update (GBPUSD)

Unfortunately that's the case with 90% of people here. At one point I considered muting everyone who didn't discuss trading but then I realised I'd probs rarely see a post here. So I'll leave it for now and just enjoy the snippets of analysis we get ...

Cable Update (GBPUSD)

Cant shout on your profile for some reason, so just wanted to say thanks for the call. Feels good to identify the zones earlier in the day and have them confirmed by your analysis. Have some shorts at this current liq zone and will be adding on the ...

Cable Update (GBPUSD)

So we've just tapped into the liquidity level at yesterdays LH formed couple hours after NY open. If the bearish move is to happen, now is the time. If not, could be bulls all the way.

Cable Update (GBPUSD)

Maybe this was all a plan to trap sellers. Big bearish move take out the stops below 1.28, tapping into that liquidity to create a big move up to make new highs. Still not sure myself, I'm short as per my plan but it's not looking great atm. I can ...

Cable Update (GBPUSD)

All my longs stopped out at breakeven, maybe should have got out prior to the news, had thought about it but ah well. Will be looking to sell all retraces now. Daily starting to look bearish but not fully confirmed bear until a break of 1.26. If ...

Cable Update (GBPUSD)

EU very much looking like a buy the rumor sell the fact scenario regarding the rate decision. Quite worrying, i'd actually like to see some sell off prior to the news. I expect it will drop if actual is forecast but I wouldn't be surprised to see a ...

Cable Update (GBPUSD)

Added another buy here, all stops under low of the day.

Cable Update (GBPUSD)

This new swing approach will only be in the direction of the daily. On the daily we bounced from the last HH at around 1.28, thus I'm making the assumption the daily trend will continue and take us above the recent high at 1.3150. If we stall at ...

Cable Update (GBPUSD)

Still adding buy positions. Think this is the most my accounts been in floating profit for a while at around 3%. Will continue to add on retraces until market structure breaks. Most SL's have been moved to BE.

Cable Update (GBPUSD)

I actually thought the same, US raising interest rates seems bizarres to me at this point. Look how fast their inflation is dropping. I expected another pause in all honesty.

Cable Update (GBPUSD)

I believe this was already priced in and interest rates in the US will start to drop soon whilst UK will need more hikes in order to counter inflation. USD weaker. Who will be right? Time will tell.

Cable Update (GBPUSD)

So what direction is the main reaction going to be?

Cable Update (GBPUSD)

Happy with my decision to stay in longs. Mainly from a technical point of view due to market structure shift. But also I wasn't really expecting a rate hike from the FED. Unless my stats and economics is all twisted US inflation looks to be dropping ...

Cable Update (GBPUSD)

Today needs to take us confidently above 1.2930 for me to be sure of my buys long term.

Cable Update (GBPUSD)

I don't believe it is. Im on Ctrader, think most of his stuff his MT4/5.

Cable Update (GBPUSD)