Cable Update (GBPUSD)

Possible..my friend..

Sonic

what a nice 33 pips, in 7316 out 7349

let's see how this short play (simulation), 15+ pips to middle bb.

She is wedged in between resistance and 3 different ma's. Something has to give and I hope its the ma's as I have been short since last night and at the moment -60

???

becarefull, it may go to middle and high bb of 4h TF. as u can see after a big down from sept 29th, we are know in abc correction (c wave) up.

pair return to 1.7380/1.7400 range, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval.

For sells on condition of formation of topping signals the targets will be 1.7300/20, 1.7240/60, 1.7120/40 and/or further breakout variant up to 1.7040/60, 1.6960/80, 1.6880/1.6900.

An alternative for buyers will be above 1.7510 with targets 1.7560/80, 1.7620/40, 1.7680/1.7700.

source http://forekc.blogspot.com/

I am still long waiting - the third day now - for H&S on 4hr chart to play it's meaning

yes my friend its made the right shoulder.....i believe myself its gonna go up!.....

for your support - I have the feeling of loosing time - but I expect - If any time it will go up - a quite nice move - measured in in many pips

based on my chart cabal make a descending triangle so maybe it will go down if it break 1.726..i have order pending short @1.734..good trade everyone!

It's tumbling now bro !!!

very bad day for trading, lost a bit today

how much did u lose....and which currency bro...freaky friday today looks dangerous .....when it breaks ....its gonna fly

Hi all.Hope your trades are going fine.like i said after that bounce of 7600 area we might have range because we didn't make new high and trend is not confermd i was resting from trading.From time to time watching CNBC news to see any change.Look like we are in range.I will let the market to decide which way next.

We are in 7300 area now and ranging.We could test 7600 again or more likly to me 7000 area.(That was a clean bounce of my Gann line and huge drop and 7000 area was breached a little for some time).Looks to me like like no power for 7600 break.But that is just thinking nothing confermed yet.On opening of this daily candle me and my man entered short.So far good thing.Profit secure at BE+1 (because of ranging we don't want to get SL hit and then price to fall again-that is why i don't lock more profit for now).I see negativ daily today.That was 14 hr ago thinkig.We will see later on today what will happen.If SL hit then ok.

In short untill this range is over i will not trade all day in front computer.Will rest and enjoy this sunny days with familly.My bet for today is negative daily so i enter short just in case i am wright and hoping to see on CNN 7000 soon.then i will start to trade more again or maybe just like this today make long order and go to sleep.If i am wrong will make 1 pip.HAHAHA
Better that then 0.Have a nice day and trade well.remember on days like this traders lost money because of no clear direction.

everytime i'm sitting next to my PC, the price won't move...
when i go to the bathroom or to get some water, the price suddenly move...
what's wrong with me...

well i lost around 700$, 430$ still hedged... so two days profit lost in 1 day...
its okay still have 2 days profit this week
of course i lost on cable because it bitches too much, i hate it

I just said and few days before also.On days like this we lost money because of no direction.We are trend traders not range.Well i am don't know about you

hope it turns round for u...

well frankly, its alright... i just withdraw my initial 5.5k today and i had 5.2k profit playing with them... now 4.5k left...
anyway i feel more relaxed cause my initial money is with me now, worst case senario i win 0$ so its better like this cause i was playing with a plan and making loads of money until god decided to stop my plan after 10 years of successful back testing and 3 months of exact results... so i was playing big lots high risk with small tp until i reach 5k profit again... now i feel safe