Cable Update (GBPUSD)

Good day,

The fact that we have not seen you post a lot - is testament to the current PA...

But - you are the king of clusterfcuk trading. Is that a compliment?

Good to see you around the hallways.

Warm regards

The same , short active & waiting go below the previous lows .start with 5573 breaks , waiting still .
fontu

on chart

out near low, may get a reaction dx



awaiting buy PA for scalps

Short @ 1.56253, SL is back at break even, gonna let this one roll out. TP is at 1.5540, will be watching support area of 558xx very carefully for a bounce back up.

looks M30..

don't know - the 1.5570/60 target still on for me...Not longing anything at this time. But this more longer term...

I'm sure plenty of pips available for in-and-out trades..

all success to you

Closed for 25+ pips.

M15..

doji swissy in 30m & 1h, ready to move up guys..

bored with this range..

M30..

i feel like watching paint dry..

guess it's time for me to watch some dvd..

later guys..

M5..

i hope there won't be any surprises like yesterday which triggered my SL.

Alright, come bulls..

Green pips y'all..

close GU 15pip...swissy

move2 swissy..

move swissy...

are u expecting swissy to breakout mate? i'm short that pair placing against its high..

my pos on swissy.. i'm betting against breakout.

Cable still trading within NFP range, and it looks like it needs a headline to choose a direction. Not a lot of point in guessing as all pairs are pretty much going sideways. I still prefer to fade cable rallies playing for a break of the range lower, but would avoid shorting if this range breaks to the upside as plenty of stops will be lurking up there. No clues with eurgbp- that chart gives me a headache.Would sell at 1.57 area, but not crazy about buying here.

I hate days like today where nothing is going on. As this is my last week of trading for the year i just want it to end and the market is so dam boring. Cant we just get a quick move in a direction. Im hoping for down lol (i know one cannot hope in forex trading).

I live was a bit bussy since i have started posting on this thread. From next year i want to contribute more and try and help people impove their trading and there is always something new for me to learn as well. My trading i am always trying to stay with my kiss method keep it simple because that is what works for me in this market and how i make my money. Trading realy is not that hard and everyone which can control their emotions can become sucsessfull.

I first the big fault newbies make is thinking that the sucsessfull forex trader is knowing where the market is going. In trading no one knows where the market is going. The only thing that makes someone sucsessful in trading is having a game plan. A plan to make money whatever the market is doing and where ever the market is going. With following simple rules and sticking to it YOU CAN BE SUCSSESFUL in trading.

Hope this is a good read for some. And sorry guys for posting this in the cable thread but this is where i would like to post because cable is the only market where i am intrested in and which i am trading for a living.

Take Care