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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

moty where is your Sl ? 2530 hited
High risk High return!
Quoting viankoko88
Need pulback around 1.2520-1.2530 for continue bull.. Target 1.2620, Overbought area now,
1.2530 hit,
Another stop at 1.2505
Hi folks took a short on this 14 pips up at moment. My target is 1.2523 but i'm giving myself + or - 3 pips so target is 1.2526. So out of this in 3 pips.

OUT + 16 pips

Looking for Long or short now.
Don't trade what you think. Just what you see!!!
2523 done nice piping today
High risk High return!
Friday's support zone
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More ideas. 4hrs here. Will leave all the lines on the chart to compare later, even though I rarely use tls.
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Quoting yareck1
I expect a pullback before going up to break 1.26. 15-20 pips is not really a pullback for Cable.
Here we have it...
It seems price might test 1.2520lvl
Quoting forex_dimi
It seems price might test 1.2520lvl
1.2520 proved strong, On friday there was a bounce off that level, just shadows below. Will see now. Others to watch 1.25, 1.2480 played strong before. Is crowded now but where will stop on its journey I cant say, prefer 1.2520.
the whole thread was crying for long to see 1.2600 or above when asia opened.

It was a gap down today and my system showed daily resistance.

shorting was my idea.

However, weekly is buy mode.

I now look to daily support, until then only short.
Intraday only.
Quoting blackjacker
{quote} 1.2520 proved strong, On friday there was a bounce off that level, just shadows below. Will see now. Others to watch 1.25, 1.2480 played strong before. Is crowded now but where will stop on its journey I cant say, prefer 1.2520.
I remember this level well on Friday! I had to get the big guns out and Pray. The tried and tested formula worked again!!!
Don't trade what you think. Just what you see!!!
Thought I had finished for the week but Looked at the monitor and saw an opportunity to close at 2568 so took it. It would be rude not to!!!
Attached Image
Quoting simao
moty where is your Sl ? 2530 hited
I have no fear and no sl.
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Quoting navk
shorting was my idea.
Enjoy.
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Quoting Theoak
Hi folks took a short on this 14 pips up at moment. My target is 1.2523 but i'm giving myself + or - 3 pips so target is 1.2526. So out of this in 3 pips. OUT + 16 pips Looking for Long or short now.
Has Blackjacker has correctly stated it has rejected from this area!!

In at 1.2536 - target Don't know at moment will update

UPDATE Target 1.2565

If this does turn and break this resistance I'll short and target the Big FAT round number 1.2500
Don't trade what you think. Just what you see!!!
Hi Guys,

Am getting a buy signal as per my 4hr time frame. It is important for my weekly pivot at 1.25296 to hold today, started adding buy trades just below and above. S/loss 30 pips.
Cheers.
Trade to trade another day
Quoting mbrown
Thought I had finished for the week but Looked at the monitor and saw an opportunity to close at 2568 so took it. It would be rude not to!!! {image}
Closed half for 10p, SL BE+ a few.

14:49 - Flipped to short. Very small size...testing setup for a potential EA.
Quoting Moty
{quote} I have no fear and no sl. {image}
hmmm how you manage your loss ?!!
High risk High return!
Quoting Wavegarrick
Hi Guys, Am getting a buy signal as per my 4hr time frame. It is important for my weekly pivot at 1.25296 to hold today, started adding buy trades just below and above. S/loss 30 pips. Cheers.
Gotcha! Lol... Well, I did some analysis on GU over the weekend and would love to go long at about 1.2515 area for a bounce. Let's see if it works out.
https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
Quoting simao
{quote} hmmm how you manage your loss ?!!
Avarage entry price is 1.25700 , price for now found support at 1.25290 (weekly pivot ).
Current loss is 37 pips , i still believe
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