Cable Update (GBPUSD)

i thing gu and goldi is going to go up
switched from short gu to long gold

Looking at the Monthly Chart of US Oil...

i am 20 days late into this trade. i just restarted trading this week since a long break. I consider last months candle to be a sell signal. it looks like a doji or something regardless i would have sold on the 1 july if i saw it then... never the less Oil is starting a possible long term downtrend.

there is lots of fundamentals involved in this trade imo. Oil looks set to continue lower how low can it go the fundamentals will decided that.

the past hour it made a lower nice lower low. the down trend is definitely confirmed.

i will be a seller of OIL going forward over the course of this downtrend.

I cant speak much about the fundamentals driving this trade for those who are interested in that but thats the beauty of the charts is that they relay exactly whats going on fundamentally behind the scenes....

This is the 4 hour on Gold, I closed a buy last Friday and got into it again on Monday and its been in this crappy range all week it took me out at break even as I slept! But because of the retrace to the 61.8 level on a fib I do think it will go up up and up - will it break the range today? I dunno? I’m not in it yet, may wait to see if it goes back to the bottom of the range and get in or wait till it goes above the range and get in

cone on

Only for the brave
Buy my Toilet Rolls in Bulk, that way I get a good discount

Not yet mate… we need to got liquidity zone

First TP set : https://www.forexfactory.com/thread/...1#post13675961

Hello friends price tested the European session low @ 1.3606 but could not break by touching 1.3599 but back off, so we are looking towards 1.3690 today target unless 1.3599 is reached.

anyone here who trades UC, new incoming information H4 gravestone doji on top

Patience pays. ain't it ?

why this trade failed? is there any particular reason or is it just a "game of probability" ?

There is a pullback rn in GU, i am not a master of lower timeframes but looks like this pullback can continue until Wall Street opening. So GU has a potential of going up for 30 minutes.

I have a feeling we will have a slow climb upwards for the remainder of the day as is regular on a friday.

Moty, have been following you for couple of months.

You have become very clever trader and switch between positions with market situation. Very nice.

Actually @moty my apologies I think you got it right.. was expecting a drop below 136 but it’s bounced up nicely. Well done mate

Dont follow him, or you want to end up blowing all your account

I will not add any trade, Let this trade play out. Fib is giving me a nice target. I will not hold over the week end so before day close I will close the trade with what I get from this trade.

At last some movement up! My eyesight getting worse looking at spread that bearly moves.
No trades today, gone fishing to Kent.

Catch of today

GU is moving up because of profit taking, Because today is Friday and this is final session of the day.