I would suggest you to find a system and practice and be confident making trades using that.
Asking for tips here is not a good idea.
Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
Why is GBPUSD called cable? 66 replies
cable short for gbpusd? 6 replies
DislikedPlease don't go el duende, I and others too, value your input to the thread....You are sticking to your plan (as I can see you are doing). You feel comfortable with your trading decision and we should respect that. Do not let silly comments from others deter you from contributing to the thread.
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Dislikedbreak of 0300 was a LONG entry. But nooooo... Why trade it so easily??? We want adrenalin... We want to go SHORT
Same old crap since 9920...
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DislikedHello Henry
i'm go long with cable 2.0259 with stop lose @ 2.0254 as i mention its support and if its broke we'll see 2.0216 and now my target is 2.0353 then 2.0404 then 2.0447 i hope to see it today and i told before when cable above 2.0310 & EUR above 1.3776 so it will goes up .... i just short in the morning from 2.0295 to 2.0260 then i long from 2.0259 .... thanksIgnored
DislikedI closed my long @ 2.0330 ... Profit 71 pips and morning short 35 Pips = total is 106 pips + .... i'm out market today ... its engouh to me ....Ignored
Dislikedagree with u, its just like culture here in this thread to provoked another ppl that write the wrong analysis confidently or sometimes proud with theirs. then the argue will never end... it'll if either 1 analysis wrong.. kinda humors but its really bad..Ignored
DislikedCOngrats.....at least you aren't that greedy 100pips gain a day is cool.
Today is Friday the 13th
wOOT.....Ignored
DislikedGBP/USD
Daily Pivots: (S1) 2.0260; (P) 2.0313; (R1) 2.0355; More
Cable is still limited by trend line resistance (now at 2.0369) and retreats mildly since then. Mild bearish divergence condition is seen in 4 hours RSI and a short term top could be around the corner. However, a break below 2.0243 cluster support (38.2% retracement of 2.0056 to 2.0363 at 2.0246) is needed to confirm. Otherwise, further rally is still in favor and decisive break of the trend line resistance will encourage further rally towards next upside target of 100% projection of 1.9183 to 2.0132 from 1.9621 at 2.0570.
On the downside, below 2.0243 will put short term rising trend line (now at 2.0170) into focus and break of this trend line support will indicate that whole rise from 1.9621 has completed. Deeper correction should then be seen towards 2.0056 support.
In the bigger picture, sustained break of 2.0207 projection target confirms underlying upside momentum is still strong. Also, it added much credence to the case that whole up trend from 1.7047 is resumption of multi-year up trend from 1.3680. In such case, further rally should then be seen to 61.8% projection of 1.3680 (01 low) to 1.9554 (05 high) from 1.7047 (05 low) at 2.0677 first.
On the downside, break of short term rising trend line (now at 2.0170) will argue that the rally from 1.9621 has made a top and bring deeper correction. But still further rise is expected with cable still being supported well above medium term rising trend line (now at 1.9768).Ignored
DislikedOkay, time to give our friend Cable a little push...
GO UP YOU LAZY PIG!!!!! IT'S A 0400 DAY!!!!!!!!!Ignored
Quoting cesarncDislikedI still have two major deficiencies:
................ and the usual psychologic crap. Overtrading, getting emotional....Ignored