Cable Update (GBPUSD)

Quoting dantpm

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{quote} You're right, it went up 10 pips and down more than 30 pips before turning around again to go up. Edit, GU does appear to be dropping, not sure if I believe it yet.

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Quoting Ferna

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{quote} btw i’m just a newbie. Im always in it on both sides of market, i can change decision in a split second. Charts never follow a straight path. But depending on leverage and timeframes and strategy one can both long and short. On wednesday for example i shorted the london open for 15 pips, then immediately turn long and made an average of 70 pips, after that i been long but observing the shorts case. I cannot say; go both long and short! It would be almost impossible to set out such a prediction. Market is swift!

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Quoting Ferna

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{quote} the thing is that the shorts are starting to come near being right. But if you dig into it now, GBP is showing unholy strength. Chartwise it looks like a good short, but if you make comparisons to other currencies and assets its still uncertain. im in short now, closed the longs around an hour ago. I expect it to drop to 1.2545 at most.

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Quoting Tpttonly

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I was away I was actually taking a short vacation at Dubai Marina Anyway this was missed Solid trades taken during the course GBPUSD {image} Current Situation Well I am in a Short trade and I expect the Target To Hit {image} Target is Real Modest Currently around 1.25500 But it will fall down to 1.25000 it seems so Target can be extended upto that USDJPY Here is a Solid run with USDJPY during the course {image} Current is a Buy Trade {image} With Target Around 139.750 Ok Lets See How It Goes

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Quoting ScalaFX

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decided to short EU just for pulback 0778 first

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Quoting ninner

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{quote} Wavesskiknob with his 1 unit may just topple the great gbpusd over !!!!!

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Quoting BigNumbers

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Gu long {image}

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Quoting Wavegarrick

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{quote} I got out of my sell trades this morning for a small profit, My concern was a higher close above Asia. Possible topping formation from a 15 min perspective. I hope I can get out of my sell trades with something to show. Whenever I sell I feel like looser. Excuse my poor Englis. {image}

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Quoting Waveskierrob

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{quote} added SHORT to my GU FF trades @ 1.2525 no to no sl ...

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Quoting ScalaFX

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{quote} half taken, rest protected

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Quoting Ferna

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yeap closed all shorts with 1-2 pip loss. Shouldnt have deviated from plan and initial analysis.

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