You might be right, I will wait for the confirmation of the expected move south, all the way down to accomplish the 5th of the 3rd, to start with.

Cable Update (GBPUSD)

I think that you are right and wrong. If you have a future contract as lets say, just because you are an fx trader, that yes, you and I shall be in a non-commercial group. The non-commercial group however is made of very large institutions like ...

Cable Update (GBPUSD)

This structure of LH and LL on daylies looks impressive and shorts are likely to be profitable. On the other hand the coming week shall see the end of the summer range, and if the equties perfomm strongly, the G/U will follow, so I am very careful, ...

Cable Update (GBPUSD)

Thanks, I am sure I will be ok. Just allowed myself to be cought in my own wthinking and ignoring the trend in favour of my futail expectation, it does happen. I got a bit back. but still the day is down.

Cable Update (GBPUSD)

That is great! I have taken the bear taxi having longs in my pockets. waw, at least some good people got it wright!

Cable Update (GBPUSD)

I have been very wrong today, have to reassess my usage of daily counts. looks like I am down today, have tried to get on the longs but it has proved to be costly! Well done following the trend, I just managed to do the reverse! May the pips be with ...

Cable Update (GBPUSD)

6440 1st PT

Cable Update (GBPUSD)

Loaded Longs at 670/662 Posred is Delta count

Cable Update (GBPUSD)

LOaded Longs at 6270/ 63

Cable Update (GBPUSD)

I also use Delta historic counts, it would be reasonable to assume the L1.6274 to be taken then a good move up. But it is risky, since the SL.

Cable Update (GBPUSD)

Good one!

Cable Update (GBPUSD)

That is why I am already long with a small position and shall add at this level 6270 or lower, taking the whole move up. SL well below6250.

Cable Update (GBPUSD)

There is a poss of a LL to be made today on my Delta count, but I am already long, and shall add to this position

Cable Update (GBPUSD)

BE = Break Even

Cable Update (GBPUSD)

Position has been closed at BE, shall wait and get long position establish at a lower level, or when the momentum on H1 and H4 will allow it.

Cable Update (GBPUSD)

Position at BE, just in case, if taken out shall re-establish long position at a lower level, I do expect cable to rally and continue to do so for several days.

Cable Update (GBPUSD)

Lets see what Asian sessin will do, like a week ago, after sharp losses there were good gains in equities, cable positive, I also think on H4 the revesal is poss, if not SL is in place.

Cable Update (GBPUSD)

Long entry at 1.6320 SL 1.6260 1ST PT 1.6450

Cable Update (GBPUSD)

My best wishes and good profits. Stay focussed and disciplined. Simplest is often the best, HH/HL and LH/LL, with some visual representation of it on the chart if one needs it.

Cable Update (GBPUSD)

I am waiting for a pulback to establish more shorts atm. On a longer TF the jury is out whether or not cable shall continue on its down journey. I think it will, but it is difficult to pinpoint a price target. What interest me is whether the MTD ...

Cable Update (GBPUSD)