Cable Update (GBPUSD)
If price close above 6300, I think you will have to cut your loss.
Atm, it does look like it can retreat back to 6165 level if price can manage to close below 6225.
Good luck bro
If it does hit 38.2% and closes below 1.6200/80, I feel i little more comfortable with short but still look to 1.6165 is a nice TP.
6165!
If price close above 6300, I think you will have to cut your loss.
Atm, it does look like it can retreat back to 6165 level if price can manage to close below 6225.
Good luck bro
Many of you seem to be holding shorts, you should just cut your losses because it is definitely not worth it. Yes it may go down to your entry and you could exit without a loss. At the same time, it could run up to 1.6400.
Hi Wormboy,
I disagree.
It's worth it to hold the losing position right here at the 6220 s/r level. Only a close above 6300 would confirm a continuation.
If one plans to cut losing trade, it should be way lower.
Mate I am not overleveraged...Number 1... and I am not complaining..
The only reason I said about losses...is that there is not need for some idiots... to be laughing about other peep's losses..
I can increse my stop no issues to at least 1.6800...at this point without any issues...
I swing trade as many of the members no here....I dont take 20 pips...or so...
Take care
....I think this day just isn't working out. That short order I had at 6270 didn't hit by a pip or two. I changed it to 6265 and it did. Then fearing the continuation of what I've had all morning, I set BE+2 as soon as I could. Taken out of course and now look at it.....
Hmm, my target is .6100.
..but i just making love with my maria 
patient is virtual...u will be there...
