I am still shorting all spikes... On eur gbp and aud.. I can still see that as the trend, and I don't see that changing unless we get another 100 pips up on monday... That is all.

Cable Update (GBPUSD)

What is that indicator to start with. In my eyes we are preparing for a big down. It may extend towards 229.36 now. Or further to 231.30~ however it looks like there is nothing left. I would expect a move down tomorrow. Just hope im awake for the ...

Daily GBP/JPY analysis

We are looking at a new head and shoulders pattern in my eyes on 15 30 1hr... Waiting for it to finish the head and neck first. then will confirm.

Daily GBP/JPY analysis

I am targetting 225. As this is the middle of the short trend on the 4 hour chart. I believe 223.25 is possible. However I don't have the nuts to go that far. I don't think any room to the north is possible for now. We need to move down for anything ...

Daily GBP/JPY analysis

Its not over until the fat lady sings. In this case, 4 hour chart. I give it another 100 pips.

Daily GBP/JPY analysis

I am not entering a position yet. IF you look closely its on the 5 month range line. If it breaks that. I would expect it to break 1.9000. But the likely hood for now is small. See what london fix brings before considering a position.

Daily Cable Analysis

Yay now all we need is to break out of range.... Then we will start seeing some swing trading again..

Cable Update (GBPUSD)

Hmm, I had said last week on friday 9500 by tuesday. However the range screwed me around and we got below my target 3 days later. either way I got alot of pips. So I feel sorry for the bulls out there.

Daily Cable Analysis

Lol everyone has changed their mind... Whereis the rolls eyes smiley when you need it.

Daily Cable Analysis

Does NO ONE else see a diamond on the daily...

Daily Cable Analysis

Because it should be. There was no reason gbp to be strong against the dollar at all. People were just being silly holding it up there for 2 days.

Why Is Cable Falling?

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What had happened to US Dollar on 9/11

The stock exchange falling was not a glitch. It is just because of china. Weak dow = strong USD if you follow anything hedge funds say. I see a trend change in the euro/usd.. The gbp/usd is still short in my eyes, and will remain that way until 9675 ...

Daily Cable Analysis

Market being pretty choppy.. Most probably due to the stock market hits today.

Daily Cable Analysis

There is more than stochastic to tell an overbought market. As all indicators are technically delayed. You need to look at volume, momentum and the lots. You will also notice that the new money into the buy position are only followers. I.E the ...

Cable Update (GBPUSD)

This move was a clear expectance on the weekly trend My vote is for a bearish g/u next week. The up position was required for a good down for next week. The daily is becoming over bought and there is a nice formation on weekly. If the words of ...

Cable Update (GBPUSD)

I would agree with merlins post. BUt would also like to add that there is a different in trading style. Market makers are links in a market. People who know each other and trade with each other. These people have hundreds of millions and move the ...

Why professionals "only" make ~30% anually

The change in monetary policy last.. ermm. February was it? Was a big mistake for the japanese economy. After they did that, the move started on the up. So in my opinion, they are week. And will remain week, until their interest rates are over 2%

Japan... are they really this weak?

5000 USD isnt much money.

My personal experience - Lost 5,000 USD in 4 months Forex. Please advice.

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Cable Update (GBPUSD)