Does anyone think that cable will drop to test 50% retracements at 1.5120 of the big rally or will it be reassess at the 200day ema?

Cable Update (GBPUSD)

Any chance of euro heading down to 1.27 or unlikely?

EURUSD

actually what is the price at 4hr 200 ema, cnt get it on my charts

Cable Update (GBPUSD)

so you are waiting for it to bounce on 1 hour 200 ema, is that around 1.5650? u dont believe it will test 1.57 at all?

Cable Update (GBPUSD)

evening guys, is there any reason why the pound dropped today? Euro has barely dropped, so why has pound dropped, considering a few days ago we were thinking its done its retracement and will be back to 1.6000 or at least 1.57...

Cable Update (GBPUSD)

thats encouraging, lets see what happens tomorrow, euro has been forming a bullish wedge on the M30, although the lower lows on the hourly contradicts, im gonna get some shuteye, good luck all

EURUSD

thanks, although its really difficult to see positive numbers as consumption is really low generally, il stay long with my target the 50% retracement of this recent fall, maybe euro will test 1.3000 over the next two days

EURUSD

what does that mean for dollar? will euro rally in response or will bad news lead to further safe haven flows?

EURUSD

Thank u cloggie, u told me to be independant so I made a plan & stuck to it & it worked, phew! Made 100 pips today & I'm happy with that, now I can leave trading till next week and try not to jinx myself, afterall it's Friday 13th

Cable Update (GBPUSD)

If you're losing trades then ask yourself where are you going wrong, is it wrong direction/wrong entry/too tight a stoploss/too big a stoploss/not taking profit... my advice from what iv learned and im still a newbie: 1) everything strategy works ...

how long does it takes to become a successful trader?

Trading is what u want it to be, some people consider it as an extra income, but if u want trading to be your main source of income then you have to put a hell of alot of time in. You will make many mistakes and if your a quick learner you wont ...

how long does it takes to become a successful trader?

evening all, is the general concensus that pound has hit the bottom of its retracement? its at its 50% fib level from 1.51-1.6, but its still 200pips above 200day ma, hasnt tested 1.55, or near its 61.8% level...any ideas?

Cable Update (GBPUSD)

wow, thats excellant, thanks for the chart

Cable Update (GBPUSD)

morning all, i haven't got access to a chart right now, whats the next support for cable now that its broken below 1.57?

Cable Update (GBPUSD)

morning all, is the pound unlikely to retest its low from yday? or is this a case of seeing which direction the triangle breaks and following it?

Cable Update (GBPUSD)

hello there, can anybody give me a quick guide on trendlines, ie...or any help on identifying support and resistance levels?

Cable Update (GBPUSD)

morning all, maybe the euro will be stuck in range today, there isnt any noteworthy news coming out, and no news is good news as they say, so im staying long on euro, besides on the 5minute chart its beginning to form a narrowing wedge, but the two ...

EURUSD

the daily has formed a doji and the H4 is still in an uptrend channel, is the trend still bullish?

Cable Update (GBPUSD)

as you've all indicated indicators are next to useless, what about SSI data, ie. sentiment data? is that relevant? or are we just basing our educated guesses on candlesticks and price action?

Cable Update (GBPUSD)

hello everyone, can i ask from where you get ur support and resistance levels? or are you using previous areas of consolidation as support and resistance? i would like to thank everyone who has been helping us newbies, the information given is ...

Cable Update (GBPUSD)