I can see long term that the trend is still up, but my problem is when do we all admit that the trend is changing (i'm not personally saying it is)? It's easy to keep moving the trend line to suit and upward movement if we just keep lowering the top ...

Cable Update (GBPUSD)

Finally broke through 1.6314 but it's still struggling. Expect it to go through it and close below it very soon Shorts open at 6345 and 6340.

Cable Update (GBPUSD)

Fair enough mate The long term trend is still quite clearly up on a daily TF and on a monthly it looks as though it could very well hit the target you mentioned as it has finished well above previous resistance. But at the moment it seems bearish ...

Cable Update (GBPUSD)

How so? What makes you think this as opposed to it continuing down after breaking next resistance?

Cable Update (GBPUSD)

Bearish on daily TF and other TFs. Think tomorrow it will break through the 1.6314 mark and continue down? Tempted jump back in with a short.

Cable Update (GBPUSD)

Closed all my shorts at a large profit. Looking to see what happens now during the day as I think we'll struggle to break through around 1.6314 and continue down.

Cable Update (GBPUSD)

Gone from mega profit to a loss on my shorts - damn! Going to keep them open though as I suspect it will end up back down sooner rather than later.

Cable Update (GBPUSD)

Back in long @ 1.6448.

Cable Update (GBPUSD)

Thanks for this. Looks interesting - going to wait for the close of the next hour candle and see what happens. EDIT - Currently got a shooting star on 4H too.

Cable Update (GBPUSD)

Any thoughts on why this is still on the up, considering the numbers? Will we be heading back down when NY comes in to play?

Cable Update (GBPUSD)

105 pips made from multiple long entries i made last night. Closed them off now and going to see what happens from here and buy on pullbacks.

Cable Update (GBPUSD)

Possibly on the way back up looking at H4 and H1 charts? Will wait until NY to see how it will go though.

Cable Update (GBPUSD)

First i'm watching 1.6336. Could this then go down to 1.6218?

Cable Update (GBPUSD)

I thought this, but now i'm just going to stop fighting against the trend. Went long too early and lost a few pips. Back in long now at 1.6437 - wish me luck...

Cable Update (GBPUSD)

Don't shoot me down as i'm still new to this, but here are my thoughts. Seems as though this will continue upwards due to the strong finish on the daily chart. May struggle at 1.37742? Have added a screenshot of the chart i'm seeing. Anyone agree or ...

EURUSD

Run up or down? Are you expecting the figures to be above or below forecast? Or same?

Cable Update (GBPUSD)

Any recommendations on other pairs that are more predictable at the moment?

Cable Update (GBPUSD)

For sure, i'd love a nice big drop, but just can't see it happening for some reason! Especially with the news coming up all being pretty good regarding the forecasts. With those orders that you posted earlier, it seems that people are buying still ...

Cable Update (GBPUSD)

I ended up closing mine the other day for a big loss. If i'd have hung onto them I would have ended up being able to close them lower (but still in the red). Oh well, onwards and upwards - managed to get around 20 winning trades yesterday (only ...

Cable Update (GBPUSD)

Which area are you looking at for shorts now mate? 1.66 still?

Cable Update (GBPUSD)