Should have waited for the candle to close. At present, the bears have the shouting right

Cable Update (GBPUSD)

The bears have woken up. 2900 is now on the radar

Cable Update (GBPUSD)

The bulls are yet to truncate the M5 bear run and to worsen matters for the bulls, the latest doji on M15 is not bullish

Cable Update (GBPUSD)

On paper it had appeared that the bulls will wrestle back the H1 average without much fuss but that has not been the case. The bears are still hanging in there.

Cable Update (GBPUSD)

Hurrah, the bears have just kissed the H1 average (currently at 2945) for the first time since 1400 hours GMT last Friday. Whether they have the muscle to close this week's gap remains to be seen

Cable Update (GBPUSD)

The bear run is alive on M5 and M15, albeit grudgingly signifying that the bulls are bossing it presently. Will PA turn at the H1 average which had moved from 2890 yesterday to 2945 currently? Or will the bears stretch this run to close yesterday's ...

Cable Update (GBPUSD)

M30 has closed with a smallish but bearish pin bar. That of H1 is smallish too but bullish. So, we're likely going to see a pull back before the bulls resume their song. The M5 average at 2873 has a hat in the ring here

Cable Update (GBPUSD)

Yes, there is an old H1 swing average at 2891. The bulls need to take it out first before attempting the next one at 2903

Cable Update (GBPUSD)

Are you sure the bulls are through? The tiny pin bar on M30 is greenish (bullish)

Cable Update (GBPUSD)

Congrats. Your mastery of GU is first rate

Cable Update (GBPUSD)

Yesterday was great. Today promises to be better now that GU has played its hand. Of course you are a guru in forex even though you will not admit. Your trading system is wonderful and guarantees steady income particularly in these days (years) of ...

Cable Update (GBPUSD)

Yesterday was great. Today promises to be better now that GU has played its hand. Of course you are a guru in forex even though you will not admit. Your trading system is wonderful and guarantees steady income particularly in these days (years) of ...

Cable Update (GBPUSD)

Even for those who don't use stop losses, they have a strategy of stopping their trades. There are people who don't like to see reds on their trading report and so, once the parameters of their entry changes they exit promptly. There is no such ...

Cable Update (GBPUSD)

Even for those who don't use stop losses, they have a strategy of stopping their trades. There are people who don't like to see reds on their trading report and so, once the parameters of their entry changes they exit promptly. There is no such ...

Cable Update (GBPUSD)

A surge can shift your SL but not wipe it out and that makes a stop out a certainty. Certainly, you are not a forex trader if it does not engage you is serious mental and intellectual work. Take time and study the diverse array of charts people post ...

Cable Update (GBPUSD)

We are not all gamblers! You are right to state that gambling is an event with an uncertain outcome. Is it so with forex? TPs and SLs do not qualify for uncertain outcome

Cable Update (GBPUSD)

Some action at last. Heading to DP and old average swing at 2945 for starts?

Cable Update (GBPUSD)

You have a point. The bullish RSI divergence printed on H4 at the 2 pm (GMT) candle last Friday is yet to play out. That candle closed at 2926. It means PA will, in one way or the other get to 2970s. It's not looking it at the moment but this is ...

Daily Trading Ideas

I hope you are not saying that he has done anything wrong. Whatever strategy you adopt that gives you greens is always welcome any day any time

Cable Update (GBPUSD)

The bears have retaken the M5 average. Let's see if they can make it count this time around

Cable Update (GBPUSD)