does a mild retracement of todays fall seem likely? if it does retrace, i will go short btwn 1.5350-65...

Cable Update (GBPUSD)

reading through the last few days stuff, some here are intraday traders, others are more longterm ie. a day or two holding positions, others here are targeting 10-20 pips on trend and counter trend moves...to me it would be nice to put the analysis ...

Cable Update (GBPUSD)

on the daily to me (a newbie) its still seems to be forming a descending triangle, with much lower highs, and the base of the triangle at 1.5320, ie. the 38.2% correction from 1.42-1.60...so shouldn't bias be for it to tumble and test 1.5109...or is ...

Cable Update (GBPUSD)

i dont think the pin bar on the hourly is valid, the bar prior to it has its close too low and not level with the pinbar close for it to be a valid pinbar, it could be atypical, but im a newbie, but i dont think its valid

EURUSD

guess that descending triangle wasnt valid then, lol

Cable Update (GBPUSD)

on the 30min im seeing a descending triangle, is that not valid if this is caused by a frankie fake?

Cable Update (GBPUSD)

hi, iv got a long at 1.54 from earlier today and cable dropped to 1.5350 but i couldnt take advantage, with tomorrow being nonfarms would it be wise to exit or stay long targeting 1.450?

Nearly Naked (Simple Trades)

im a little bit lost at the mo, iv got a long at 1.54 but todays drop has taken the confidence out of me, especially as i couldnt get in at the lower price, so should i exit at breakeven or stick out my long as my stop is down at 1.53, especially ...

Cable Update (GBPUSD)

I thought cable having had a bullish day yday would retrace to 61.8% and then bounce up to 1.55 and above, was this an incorrect assessment considering daily is still bearish and with many forex sites suggesting minor bottom at 1.5330

Cable Update (GBPUSD)

now that its bounced off its 61.8% off yday rally, should we be expecting a test of ydays high? what is pounds resistance levels above 1.54?

Cable Update (GBPUSD)

Hi all, with the dollar getting pounded is the euro heading towards 1.30 or is this a temporary reprieve before it heads towards 1.25 and lower?

EURUSD

What is monthly rebalancing? Is it if equities do well then no need for so many dollars n hence dollar is sold?

Cable Update (GBPUSD)

I guess 1.53 is out of the question now

Cable Update (GBPUSD)

Any chance of euro heading to 1.25 by end of week or am I dreaming?

EURUSD

Next week? I was hoping it would hit 1.53 by Friday evening

Cable Update (GBPUSD)

iv showed such poor discipline today, instead of exiting up 40 pips at 1.54 iv waited for it to drop further & it never did, to do this once is amateur but to do this three times is poor stupidity, I could have shorted from 1.4550 again and again n ...

Cable Update (GBPUSD)

Morning all, what are the support levels after 1.54?

Cable Update (GBPUSD)

What's happening with the euro, are we gonna be retesting the lows or even test 1.25 or is today's rise making 1.25 unlikely?

EURUSD

does anybody see the euro dropping down to 1.25 or lower, esp as its 50% retracement is at 1.26?

EURUSD

Is the pound currently in a new downtrend from 1.6 or is it a correction from 1.6? If it's a correction then the 50% fib from 1.42-1.6 is at 1.5120, if its a new downtrend then it will keep dropping...what I'm asking does anybody think the dollar ...

Cable Update (GBPUSD)