Thats the strategy I plan to use for my exits, although I never stick to it . and its 200 MA, not 50.

Cable Update (GBPUSD)

I saw this, crazy increase in longs. I was wondering your opinion on the pound positions? Both long and short positions dropped like a rock?

FX investing: mid/long term ideas

Need to get below 15m 200ma/1h 50ma then the sell can really start.

Cable Update (GBPUSD)

His margin call is his stop.

Cable Update (GBPUSD)

Someone said it at last...

Cable Update (GBPUSD)

I agree with 1.40 before September next year but we got lower to go yet.

Cable Update (GBPUSD)

You mention institutional positioning but seem to be unaware that they are still net-short. I can see us going as low as 1.20 but we shall see. This downtrend has only just begun. I'm hoping for a retrace to the 1.32 region to add shorts. A double ...

Cable Update (GBPUSD)

Think we have more down to go, looking at 1.26-1.265 for longs

Cable Update (GBPUSD)

You forget that most people are here for their ego...

Cable Update (GBPUSD)

Guess half the posters gotta go quiet now.

Cable Update (GBPUSD)

As I said in my post, domestic producers and the government are the main gainers in tariff protected trade. Manufacturers would simply increase prices in line with their increased costs effectively pushing their increase of costs onto consumers. The ...

Cable Update (GBPUSD)

Positives and negatives to both. Tariff's can help domestic producers and the government increase revenue however consumers and foreign producers lose out and a portion is lost through decreases in demand etc meaning tariff's result in a net loss. ...

Cable Update (GBPUSD)

Different brokers different prices although that is pretty far off mine. My low was 12950. Which broker do you use?

Cable Update (GBPUSD)

Based on (h+l+c)/3 of yesterdays data it should be in the 13025 region.

Cable Update (GBPUSD)

Well if 1.28 is hit before 1.35 then he did lose his bet. A few pips makes all the difference.

Cable Update (GBPUSD)

I appreciate your range trading analysis and basing trades on previous years but I find it hard to believe that it will be profitable in the long run. The market is ever evolving and this year especially with a massive fundamental change makes all ...

Cable Update (GBPUSD)

COT reports are a gold mine, now if only I could hold my trades May just assess on a weekly basis next time.

Cable Update (GBPUSD)

Besides the UK is very much a consumer nation. Our exports aren't too impressive. A strong currency is better for us.

Cable Update (GBPUSD)

That a 50 MA band moty?

Cable Update (GBPUSD)

I agree we are at the start of a downtrend also based on institutional traders piling on the shorts in the past few weeks. But there's no need to go on about others trading in the opposite direction. Maybe they are scalpers?

Cable Update (GBPUSD)