Cable Update (GBPUSD)

135.400 looks like ressistance for USDJPY..but yea i will hold my buy if it breaks out

I havent seen anything of that kind here yet, so i still have no clear answer.

just an idea

What are these good years in your life!!! or good vintage years for chateauneuf du pape.

closed @1.2000 .. left 1 position target 1.1970
waiting eu follow gu

Closed one and left others running for lower levels

Since nothing is constant, i'd rather not anticipate the George Soros kinda miracle. No long hold for me.

UJ is a burnt toast

Hehehe... This trade is currently floating in about minus 22 pips. I still see 0236 happening. Holding...

Nice 30 pips comeback to be

Entered SELL on USDJPY - But, I Will Close MY sell if this resistance breaks out

You entered way too early. It sure did look like it was going to make a small grab there, but there are reasons it didn't pan out.
Where we are now looks like a safer entry however, but I would like to get in under 1.2

Spike up now down please let business resume…

1.2020-1200 was broken. I think there will be a return and another LOW at 1.1995 and then it will go to 1.2050 and then another drop to 1.1980Or will the price not see the range of 1.200 and above until 1.18?

Short in at 1.2009 target previous lows

Cable long term trend is down. Retracing currently to 1.20650

Yup, hit my 5th SL this week, sucks. Now my head is clearer now.

Daily upper key level 1.20368 and Daily lower key level 1.19906 happens to be very near to support zone.

Close above upper key level would also mean bounce off support zone, a valid Long signal.

Close below lower key level would mean a valid Short due to Daily pivot 1.20849 - 1.20592 sits well above price, providing resistance, but the thing is, price is near the level 1.19624 is the upper end of Long term pivot, there might be not enough room for trade to hit TP due to risk of bouncing back from the long term pivot area.

Long is more favorable for now, overriding the Bearish bias due to Daily pivot placement, as my mind switched to range trading.
Long SL would be 1.20027, leaving enough room for TP before reaching the resistance area.

EDIT:
A dip further below then a V shape recovery bounce off 1.19624 Long term pivot area would be another choice for Long.
Short is deeply not encouraged until price successfully break and close below 1.18985 (lower end of long term pivot), as price has high tendency to bounce off it to favor Longs.

Break below .2004 price level will target .1768 major support. A look Northward must not be ignored.