Cable Update (GBPUSD)

Quoting mysterio

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Took the long on 1h demand (last trade taken out BE) Looking for 1.3935-54 ideally before short (red area) Stop to BE as always With regards to fundamentals agreed we're looking at short/medium term up movement on the dollar like I said yesterday but we can still scalp retraces, been as careful to manage risk as possible Will see if treasury yields base above 160bps, not convinced.. still expecting/hoping for a bit better of a retrace on dxy before back up {image} {image}

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Quoting Sang.Real

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{quote} Very Nice Trade Tommy Diginti. Asking a question to learn and for educational purposes. Is your Short Target (TP ) is 1.38881 ? Thanks Sang Real

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Quoting Sang.Real

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{quote} Bravest trader in FF so far, I've known. Rare species Following your post with interest. Keep up the good work man. Appreciate your thought process in executing sound trading strategy.

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Quoting Sang.Real

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{quote} Thanks Marbas for helping me. I made trade entry mistakes at London Open. All three position stopped out. Saw SRF set up. Switches to short position on the Support Become Resistant Zone. At least recovered some losses earlier. Now all position closed. Waiting for US Open. Thanks again for your help Keep up the good work to help fellow traders May Green pips with you. Here's my chart. {image}

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Quoting mysterio

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{quote} Brave or stupid we'll see Vast majority of my trades get stopped out BE tbh, I can find good entries but extracting the full move IE getting a good TP point is still something that needs a lot of work Like this morning I should have just rode it down instead of getting into the retrace mindset too quickly

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Quoting mysterio

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{quote} Brave or stupid we'll see Vast majority of my trades get stopped out BE tbh, I can find good entries but extracting the full move IE getting a good TP point is still something that needs a lot of work Like this morning I should have just rode it down instead of getting into the retrace mindset too quickly

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Quoting BeeTogether

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{quote} i could be wrong but as the drop was brutal this morning it’s looking as if it’s lost steam. We might end the day hovering just above 139 which mean a pretty open week next week. A close below 13870 would be a bearish

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Quoting Sang.Real

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{quote} Admire your entry Like Swiss Watch - full of precision. Must make a point to learn from you. Study your chart and post. Keep up the good work to help fellow traders here.

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Quoting Marbas

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{quote} Good job, nice exit. GU reached an ADR target for today. I recommend to wait some retrace for short reentry.

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Quoting mysterio

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{quote} Brave or stupid we'll see Vast majority of my trades get stopped out BE tbh, I can find good entries but extracting the full move IE getting a good TP point is still something that needs a lot of work Like this morning I should have just rode it down instead of getting into the retrace mindset too quickly

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Quoting Sang.Real

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{quote} Good advice The Oak Got my hand burnt at London Open. Lucky to recover some back on SRF set up. I will wait for your que to enter the market again. Just post it , when you made an entry, I will closely follow you.

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Quoting KingLi

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{quote} closed with a small profit, I will just wait for the NY Session. Good luck y'all

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Quoting Sang.Real

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{quote} Admire your entry Like Swiss Watch - full of precision. Must make a point to learn from you. Study your chart and post. Keep up the good work to help fellow traders here.

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Quoting Sang.Real

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{quote} Thanks The Oak. always remember your words. Here it is. Don't Date it, Trade It..... {image}

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Quoting Theoak

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{quote} Looks like one of your Camels!!!!

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Quoting Sang.Real

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{quote} Ok. I delete it . not nice to post that to such a nice person as you. My apology.

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