Cable Update (GBPUSD)

Quoting Nala66

Disliked

{quote} Because if price continues to climb for a week and then turns then I would be caught with a serious drawdown by being in the wrong direction. That is why I stick to the short term trades then I cannot get caught on the wrong side because I would be stopped out early and have the opportunity to change direction. I know everyone has differing views on trade duration but quick in and outs suits me fine.

Ignored

Quoting Ill-b-back

Disliked

{quote} Then I still don't understand why YOU are troubled by a calculated 2587 weekly target?

Ignored

Quoting Nala66

Disliked

{quote} Perhaps I didn't word it correctly. I was troubled that on the weekly it was almost there when it failed... To me it should have been a warning of a turnaround but I don't follow weekly charts so I don't quite know how they behave. I see failure as an important warning, because failure is pounced upon by the opposition.

Ignored

Quoting akim0895

Disliked

short 2840 can’t wait till 2850 its time to go surfing at the beach

Ignored

Quoting Sthriga

Disliked

Brexit drama is begin ... Close all my long

Ignored

Quoting elbert3

Disliked

{quote} 4 pips away and looking like the plan worked out

Ignored

Quoting Ill-b-back

Disliked

{quote} It's stalled and bounced off the 123.6 fib. Need a weekly close above 2773 this coming week before 1.30 can be targeted. But not likely to happen in my view.

Ignored