It was profitable, but teaches me for being impatient and jumping in headfirst to the method! Hoepfully you'll agree I'm improving, 1:1 scalp for 10 pips on GBP/JPY

Supply and Demand trading with Fibs

Any comments?

Supply and Demand trading with Fibs

Entering long on close this 1hr/4hr candle, targeting 1.25000. 100 pip stop.

Cable Update (GBPUSD)

Nicely called. Its been a four figure day for me the past three days! Got to love the pound!

Cable Update (GBPUSD)

I see a bullish reversal and my longs are targeting 1.26.

Cable Update (GBPUSD)

With you on this.

Cable Update (GBPUSD)

Right - I'm off for Christmas. Have a great holiday all of you!

Cable Update (GBPUSD)

Well done on the 1.225 target, mate!

Cable Update (GBPUSD)

Should be in the sweet spot now

Cable Update (GBPUSD)

Stopped out at break even +10 Re-entering long on close of 4pm GMT 4hr candle.

Cable Update (GBPUSD)

Watching this area for longs now

Cable Update (GBPUSD)

Makes sense. Still staggering to me how many hundred ways there are to skin a cat in this game!

Cable Update (GBPUSD)

Apologies, I meant US elections, not High Court/Supreme Court referral

Cable Update (GBPUSD)

Hope that helps you understand my logic!

Cable Update (GBPUSD)

I trade cycles similar to Elliott Wave but a-la-Steve Maruo. If I'm correct, we're in a larger wave 1, wave one typically retraces beyond the 61% Fibo. So according to what I've been taught, I'm looking for a bullish reversal around the 1.22 level ...

Cable Update (GBPUSD)

Christmas might well come 5 days earlier! Expecting to go long and stay long for sometime when it bottoms around 1.22 area.

Cable Update (GBPUSD)

Lots of confluence there for you!! I've just lowered my TP down to 1.22 as we're on strong support now and when this snaps there should be some momentum so I will keep an eye on it and close manually if need be, but I don't want to miss out on a ...

Cable Update (GBPUSD)

My TP is 1.22500, too.

Cable Update (GBPUSD)

video

What kind of music you hear while you trade?

Strong fibo resistance now. We will break it but I predict consolidation first

Cable Update (GBPUSD)