Cable Update (GBPUSD)
Good idea.... Even a small profit is better than no profit.
Lots of little profits soon add up too a big profit.
Don't forget to set your daily targets for pips and then stick too it.
Over trading kills accounts ..................
For a lot of people not making money in Forex, this is a serious issue that needs to be addressed. Less is more!
check out my thread ....
not without a confirmation brian. the h4 is still tanking. better wait to see if 420 holds imo
Don't worry Azim, I ain't going long on cable.
me neither. not with the W1 still being bearish & the d1 still holding without signalling long.
Nice trade you got there my friend, i have just cashed in some at the monthly pvp & leaving some runners out. Let's see if we get to test 240 this week before the nfp.
Good luck my friend
Don't worry Azim, I ain't going long on cable.
I still have my last runner going, a short from last week Thursday
http://www.forexfactory.com/showthre...89#post3977889
I don't day trade and my broker doesn't allow me to hedge against my short, which is a good thing really!
I was responding to someone who already went long and right this minute, I would not be placing any shorts, now that we are in a demand area.
Once it has broken through the demand zone, you can get a confirmation short, but I am not keen on breakout...
long is looking ugly with every tick
This close we got to take a crack at last weeks low now
30 mins gone and London is in no mood to take this thing a lot higher. Maybe the news at 09:30 will give it an excuse to take out last week's low, otherwise any bad news out of the US this afternoon could do the trick! Who knows!
Cashed in two of my three runners and one of them this morning on the monthly pvp which you so kindly pointed out last week
Who knows where this thing is going after some serious consolidation over the last week or two... I just hope it is in our direction. May the pips be with us my friend
