If the US economy is doing bad and the rest of the world is doing good, then investors will pull their money out of the USD and put it into other higher yielding investments around the world. If the US economy is doing good and the rest of the world ...

Cable Update (GBPUSD)

With experience will come an understanding of how price reacts to different news results, and the confirmed result of the news result in comparison to the forecasted figure. Most times the news result has been factored into the price days before ...

Cable Update (GBPUSD)

You are full of good knowledge. You shouldn't however negate and brush off anything that doesn't coincide with your immediate impressions and beliefs of the markets. You seem quick to speak out against something that clearly has a lot of wisdom at ...

Cable Update (GBPUSD)

I think a lot of you need to understand what is going on from all angles in the fundermental world, instead of solely relying upon technical signals. Get an understanding of what is going on, and then you will be confident in price direction as you ...

Cable Update (GBPUSD)

I presume you look at the FTSE100 as well as the Dow Jones.

Cable Update (GBPUSD)

A good indication is to look at the last time it passed through this number. At the end of the day, the 1.70 area is a big enough psycological area in itself. If the GBP is long term bullish, which I believe it is, then it will break through this ...

Cable Update (GBPUSD)

I may be a bit old school, but I don't short a bullish trend, even if I think it is at a peak. I wait for price to drop, and enter in long at a lower point. However, different people have different trading methodoligies.

Cable Update (GBPUSD)

Question to consider: How many people use the fibo fan, and what would their influence on the market be?

Cable Update (GBPUSD)

Why, and what trading stratagem are you using. Day trading, swing or long term?

Cable Update (GBPUSD)

Directional Bias: Nearer Term -Bullish Short Term –Bullish Medium Term –Bullish

Cable Update (GBPUSD)

For those Interested: GBPUSD: Aiming At The 1.6742 Level & Beyond. GBPUSD- With continued strength seeing the pair closing higher for a third week in a row since turning off higher at the 1.6031 level in early July’09, further upside gains are ...

Cable Update (GBPUSD)

It's at the end of the trading week. But I can see a bull flag being formed next week and a bullish breakout past the bull pole. I wouldn't be surprised at all to see a test of 1.70.

Cable Update (GBPUSD)

What was the major reason for the sudden breakout?

Cable Update (GBPUSD)

What do you mean?

Cable Update (GBPUSD)

If you are measuring it by risk: you should also then state your risk %, your stop loss and your take profit level. I'm not bashing on you, I just know a lot of people DO come on these forums without a clue in the world, and think the people on here ...

Cable Update (GBPUSD)

Give reasons please. Don't just say 'Sell @1.6492' without giving solid reasonings. Otherwise, new traders will come on here, see 'Sell @1.6492', automatically assume you know what you're talking about and take the trade.

Cable Update (GBPUSD)

Haha That's what I was thinking It doesn't look much like a diamond. This pair is Bullish / and or ranging. Trade accordingly. Simple as that.

Cable Update (GBPUSD)

I have this sentiment also. Saying this, I am not trading this pair at the moment. I am only trading EUR/CHF. I feel I think the same as you in this area.

EURUSD

Nice one, this is perfect. Be Blessed!

Deviation from the Daily Start