Cable Update (GBPUSD)

M5

TP1 +16

atb vvm

after the 2% loss ive pulled back and now in profit for the day, shame to see the two losses are now in profit.. but there we go part of the game.

Clearly some supply leading up to today's current Hi...have the bulls eaten it all up though ? Doubtless some buy stops above for short positions....Pretty smart move down on the retest of the area and now a 30min fractal LH printed....it ain't pretty so far this London session. Maybe too some aggressive sell stops for long positions just below that pullback lo off today's hi - visible well on 5min +

....and some demand at the 1hr pullback lo/london session current lo ...also at the current lo 23.6% of the move up off friday's lo and 38.2% fibfan off same move..... I'm done for the day with a princely B/e, B/e, B/e, B/e, +4 and +8 pips after getting whipped out with the PA and aggressive stop placement due to the pa conditions on the lower t/f's from where I generally take my entries. Looking like a fractal LH on 1hr will be printed with close of this candle ?...puts a dent in the constructive PA on that t/f ...that said opposing bullish closes on 15 and 30min likely ?

happy trading and may all your pips be positive.

2x short again aiming for 300 - think these are gonna be my last for the day

very patient day.

Good money though.

some small shorts running, will add.

nice work like always navk

just closed my last position to be up 3% for the day, shame took a 2% loss today but there we go stayed in the green

think im calling it there, don't wanna overtrade

yes, one shouls stop if target is met.

I just left small shorts, possible below 2400.

im out - trade safe all

could of been a 5.2% day but stuck to the risk management, we look forward tomorrow is a new day

Variant for today

Hi all

new person here

Looking forward to making any a contribution on Cable
I try and combine fundamentals and technical
Thinks starting to look bullish on Cable for me

Sideways for the next 3 days would be lovely. I dont trade patterns at all, but its beginning to look like a bit of a bullish flag?

LifeTrading, welcome to the thread...very nice work.

M5

Closed my Buy +2p
It is a Gambling
Long Tails, Dojies and and and
atb vvm

Sell orders in place. Now the price will push higher, to knock all the sellers out of the way.