Are we about to reverse again here to go back and test our bottom, making a lower high flag pattern?

Cable Update (GBPUSD)

Yeah, in a way though it really worked out for me. I sold last night and then rebought at a lower price today. Now I'm just crossing my fingers the selling doesn't start tomorrow. Maybe he was a day off?

Cable Update (GBPUSD)

Nate4, Once and for all? What happens if he chooses not to Taper this month but alludes to tapering in March?

Cable Update (GBPUSD)

What is a bear trap, exactly? The way I see charts, after a large up move, there is some consolidation before the next up move. This looks different to different people, but often this can be a flag, or a short correction, etc. Is a bear trap ...

Cable Update (GBPUSD)

David, I get the impression you're very serious about this. You've posted this on at least 3 different pages of this thread (Could be more, I didn't read back all the way to before I went to bed last night). Do you have a lot of money riding on a ...

Cable Update (GBPUSD)

I hope you're wrong about this. Even so, I sold last night at 1.6460 and then took a sell position at 1.6456 and took profit this morning at just under 6430. Now I've bought back my position I sold last night and am really hoping my charts are ...

Cable Update (GBPUSD)

I momentarily considered taking a rather large position for 10-15 pips but discarded the idea. Oh well, as long as I'm making enough money for a cheeseburger and fries tomorrow.

Cable Update (GBPUSD)

I'm not a bear yet, but I will consider taking a small short to the 1.6400 area. Maybe a little lower than that. Then maybe reload long.

Cable Update (GBPUSD)

Alright Veer, I took your advice and sold my position. Now I have no position in Cable. I still think we will see the 1.6475 area before a retrace, but I don't need to be greedy and hit the top. I do think I'll buy though on the dips.

Cable Update (GBPUSD)

Why is it time to sell cable?

Cable Update (GBPUSD)

On my weekly chart I have the 100 day moving average crossing the 200 day moving average.

Cable Update (GBPUSD)

Now I have to figure out when to buy more

Cable Update (GBPUSD)

You heard from a London desk? What does that even mean?

Cable Update (GBPUSD)

Just took out a grip of stops.

Cable Update (GBPUSD)

Indeed I am. Even bought a little more down in the 6330 range. However, depending on this hourly close coming up in ten minutes, I'm considering a short term correction sell. I think we have more up to go, but the way these doji's are forming, I ...

Cable Update (GBPUSD)

Pardon my ignorance, GM, but could you explain the following please. +ve 100 & +ve 57 pips here @ 1.6433 Specifically, what does +ve mean?

Cable Update (GBPUSD)

Yes, and I have defined an exit. Which I did before I entered. Which I've done before in other trades. And it's so much easier to do before you enter a trade. But then doubt creeps in, and new information comes to light, and second guessing. But ...

Cable Update (GBPUSD)

I will admit that blindness might be my problem. Perhaps you could help me with that and give me some quotes that I've missed?

Cable Update (GBPUSD)

Greed and Fear runs the markets. I feel like I should take my profits here. And then I wonder, is taking profits fear? Is not taking profits greed? Bah.

Cable Update (GBPUSD)

I haven't noticed this in this thread. Perhaps you could quote some people and be more specific about who is engaging in this behavior? Otherwise it just looks like you're attempting to add emotional support to your position.

Cable Update (GBPUSD)