Cable to tank? — Doveish comments from BOE yesterday sent the Pound reeling, in spite of better than expected job figures. Will this continue today? The 4H chart shows weakness and is dancing along the 50% retrace of recent upmove. While price ...

Cable Update (GBPUSD)

All Diamond lovers — He took the diamond, the alarm went off and he was arrested. Now, the diamond was for his lover, alas, she had other plans. Our burglar got 10 years in jail and his lover moved in with his best mate, raided his accounts ...

A story about a burglar and forex

UK PMI good figures — UK PMI figures were good, which caused a hefty spike in cable, and then cable continues to trade with risk at the moment. Potential shorts at the 6475 area and 6545 (R1). The pivot points are usually decent turn around ...

Cable Update (GBPUSD)

News Trading — Trading blindly by charts only is a recipe for disaster, as news can totally overwhelm the technical set up. In fact numerous opportunities are presented each month to trade thses figures sensibly. Both the spike and the after ...

Cable Update (GBPUSD)

Thanks. what a great story, much appreciate you posting it here.

Trading thoughts

Thank you for the positive comments, I am gratful for them. I have been meditating for 25 years, but have only recently seen how this affects my world view and impacts my trading.

Trading too Wilfully