Still keeping my shorts. What does everyone think will happen in NY open? I think they'll try to push it down further. Hoping to at least break even on my shorts from lower down and then have a tasty profit on my short higher up.

Cable Update (GBPUSD)

Very true! Whether the economy is going down or up, they're making money!

Cable Update (GBPUSD)

Even the rich London boys know it's bullshit when they say our economy is getting better!

Cable Update (GBPUSD)

I assume you mean short entries? I have the same line drawn on my chart. Looking pretty good right now.

Cable Update (GBPUSD)

Pardon my ignorance and newbie-ness, but what significance does this have? Does it generally show what sort of direction we will be going tomorrow?

Cable Update (GBPUSD)

The fact this may happen annoys the hell out of me. Unemployment is huge in the UK at the moment and isn't getting better from what i see.

Cable Update (GBPUSD)

It helps a lot What sort of confirmation would you be looking at to make you think it is a reversal? a bullish hour candle after the daily close? 4 hour candle? I have a trend line going up drawn on EU. This has been broken, but seems to be on ...

EURUSD

Hoping to break 6420 today (close not wick). Can we do it?

Cable Update (GBPUSD)

Can someone with more experience than myself tell me if that seems to be a reversal candle forming on the EU daily?

EURUSD

I need to utilise this position more

Cable Update (GBPUSD)

Short @ 3555. Seem to be bouncing from around this level of the daily high on the lower time frames. See how it goes! Not planning on staying in the trade for long once profit has been seen. EDIT - Out at +5 pips - wanted a small win while I wait to ...

EURUSD

1.64513 in my MT4 - so around there yeah

Cable Update (GBPUSD)

Still keeping your shorts, Davit? The ones i got too early (i was too excited after making decent profit on previous shorts and assumed it would continue to tank down - doh!) are kicking my ass at the moment, but it will all come good when this ...

Cable Update (GBPUSD)

My father has been saying this for years that we should start learning Mandarin as the Chinese will be the next superpower.

Cable Update (GBPUSD)

I will take a look at this - thank you for the recommendation In my post where i mention that i am glad that other, more experienced traders have the same view - you are one of the traders i am on about. I enjoy your analysis, so will read this ...

Cable Update (GBPUSD)

I'm an open book, me! I'm not going to pretend i have a killer strategy or pattern - i don't use any indicators usually, but have been finding use for Fib Retracements and multiple moving averages just lately. I mainly just trade with support and ...

Cable Update (GBPUSD)

They were trades i was well in profit in and decided to let run (i've previously taken profit far too early which is why i've been hesitant to take profit recently), and then got screwed after the news and the huge hike in price. From what i can ...

Cable Update (GBPUSD)

Still got my shorts @ 6440 and 6330. In the red overall (6440 short doing well) but i'm hoping this week that i can get them all into profit Going to take profit around 6300 for them and then see how it plays out around that area when deciding if ...

Cable Update (GBPUSD)

Been thinking of doing this a lot for the past few days. Shorting and taking profit around the 6315 mark and then buying back up - rinse and repeat. Looking back it would have worked. Knowing my luck though i'd buy and we'd finally break through and ...

Cable Update (GBPUSD)

Hit my TP on all my shorts. Hoping it goes up so that i can jump in with a fresh batch.

Cable Update (GBPUSD)