Cable Update (GBPUSD)

Bloody hell that dropped hard! Looking to clear out any profits it made ! Unless this is a liquidity grab for a move to 117-11750?

Another fast move for this thing, so trade now protected with SL

One day I will study this pair and see if it works for me! In the mean time it’s these comments that helps build a knowledge base

Im out of my long, every Friday same story.

bloody hell..

Not going to be greedy. I took manual exit when I see it struggle to go higher.

M1 chart so you can see trade better

ps: +27 pips

i’m out already, waiting for NY session if it’s possible

yes !!!!
more then 100 $ booked
now waiting for the next set up
as long as price is below the heiken ashi i will look for short , after a rejection
from the middle of the rsi

London/Frankfurt one set of trades enough for 1 day.

Then NY, small scalp enoguh.

Chasing the price will lead to disaster

I have a USDX chart open all the time. UJ can't think for itself so it does whatever USDX does, most of the time. But I have been caught by it as well. I don't hold UJ trades for long time

testing the high of yesterday it crucial this holds..

My 2 UJ trades made for me 77 pips tonight, so I think I should stop and be grateful to the market and not try to be greedy. I will make coffee now and then watch a little of NY market, but I think no more trades for me

Closed all 1567 + 123 from all positions plus 77 morning close buy all +200 today

Switched to long at 1567 first

This is more like it now

I added more shorts to this at a better price Well starting to show profs on this trade .. I've now moved first target of 1.1540 and run the rest, but this pair is showing signs of Bull long term, so see how much I can get out her with the runners

Hello everyone! I finally came out with a sound and profitable strategy for Forex. You can check out my journal (No Nonsense Way Of Trading). So far, above 75% W/L ratio, perhaps even more. There is a difference from the way I used to trade before. Before I was scalping, but now I ONLY focus on H4 TF. Thanks to Pat Chiko for helping me to choose a TF whether he meant it or not. I think I am finally able to help you all and that is why I'm even posting this here. I must admit that I have been reborn. No more looking whole day at the screen, no more being nervous, or angry and best of all, profit is here. It's not like before when I scalped and made 5% or 10% of the account in a day, but what is even better, when I did scalp I was actually losing my account little by little, because losses were bigger and more consistent then wins. Now, it is way different, easier and I don't feel stressed AT ALL anymore. Profit is coming slowly, but it's coming and that's all that is important. Finally found what I've been looking for. Well, if you have any suggestion, question or perhaps don't care feel free to shoot!

1557 added

Close 1555 happy weekend guys

another boanzay