Still holding it with a further possible buy order at the weekly pivot. We shall see ;/ Yes since Brexit cable seems to be behaving differently than 'normal'. I feel out of sync hehe

Cable Update (GBPUSD)

Not looking too brilliant atm.

Cable Update (GBPUSD)

Or an opportunity Ive jumped back in at 1.32

Cable Update (GBPUSD)

I'm long bias on this pair for now. Key level is the weekly pivot 1.3164.

Cable Update (GBPUSD)

'The Committee expects that economic conditions will evolve in a manner that will warrant only gradual increases in the federal funds rate; the federal funds rate is likely to remain, for some time, below levels that are expected to prevail in the ...

Cable Update (GBPUSD)

All the analysts and experts are shouting for Armageddon and 0.50 rate cute. The BBC front page news our economy is shot and the GBP will collapse. Makes me wary when every man and their dog are calling to short the market.

Cable Update (GBPUSD)

Locks use of the term Gap isn't the same as the conventional meaning of the trading gap. Took me a a while to work that out Locks gap is the difference between London's daily high/lows etc.

Cable Update (GBPUSD)

All my shorts closed at the neckline. I have entered long at 1.3180 playing the busted pattern. Good risk:reward ratio so worth the specualtive long.

Cable Update (GBPUSD)

Interesting stuff. I wonder if there will be a surprise no rate cut in August too?

Cable Update (GBPUSD)

CPI figure tomorrow will be a key catalyst. If it comes out higher than 0.4% expect cable to rocket up.

Cable Update (GBPUSD)

Interesting point on the chart. H+S pattern with trendline at the weekly pivot. See what happens

Cable Update (GBPUSD)

Hilarious both of you are are meant to be top traders but are arguing and struggling to fund $500 accounts to do this challenge

Geppy vs. GJscalper - a duel to the death!

Brilliant. The waiting is killing me, will he accept the challenge!!! Its like a cliff hanger in Game of Thrones

Geppy vs. GJscalper - a duel to the death!

BOE rate cut or asset buying scheme has an 80% chance of taking affect today. The market has already priced this in so the rate cut will have less of an impact to when we see a surprise cut. If BOE decide to hold the interest rate as it is, this ...

Cable Update (GBPUSD)

Not aimed at anyone in particular. Just general advice to newbie traders out there. Paying for signals is madness. Anyone who sells signals is a failed trader. Why would a pro trader making serious $$$'s need to do a signal service for pocket change?

Dragon Riders GBP/JPY

It was an order based on yesterdays daily bar pivot and intraday resistance at around 1.3340. It activated whilst I was asleep in the night. I played it a little too safe tbh and went in early at 3320, bit of a mistake as I could have got in at 3340 ...

Cable Update (GBPUSD)

From the zoomed out daily chart we can see we are in a narrow range.

Cable Update (GBPUSD)

As you can see from my 30 min chart i'm still short at 1.3320, I figure further downside toward 1.32. image

Cable Update (GBPUSD)