This is just based on psychology. My statement from the morning was based on the expectation that they would do this pump up. Look at that acceleration up on D1. Retailers are dying to long, fundamental traders are looking at the results of UK ...

Dragon Riders GBP/JPY

I'm looking for shorts from here on

Dragon Riders GBP/JPY

It depends on market expectations. If everyone expects maintaining of rates and they get maintained it will not have an effect usually. If everyone expects maintaining but they get lowered/hiked it will have a huge impact on bear/bull side.

Dragon Riders GBP/JPY

Sometimes not. I thought/saw it would rise in the early GMT+2 morning, so I got in and got out twice with 42+ pips total. In this case I will just I enjoy theorycrafting and waiting for better opportunities

Cable Update (GBPUSD)

That would make sense too. There are a lot of options until the market makes it all clear

Cable Update (GBPUSD)

May be so, taking care for now, the start of the movement up had the erratic movements of HFT buying (hence the note about PA above). I don't trust moves like this one for getting into a position...

Cable Update (GBPUSD)

Some curious price action This is either rapid closing of short positions or rapid opening of long positions. BoE leaked some juicy bank rate news? Or just trapping the bulls?

Cable Update (GBPUSD)

Hey, we're just joking around, don't go stern on me. I'm well aware that there are some solid traders on FF

Cable Update (GBPUSD)

So far you've been completely spot on, never happened on FF before!

Cable Update (GBPUSD)

Thanks, I'll try to keep it in mind

Cable Update (GBPUSD)

Made an amateur mistake - moved SL higher to 178.78. Price hit it on the retest down and departed. Profit is profit, but it's aggravating when you switch things up based on fear and miss the greater good because of that... Just watching for the next ...

Dragon Riders GBP/JPY

Caught one from the bottom

Dragon Riders GBP/JPY

Good morning all! Seeing as Geppy couldn't close below 184 even on the 15m last week I'll be looking to long for now. Might just not enter any GJ/GU trades with bank rate news coming in 7 hours

Dragon Riders GBP/JPY

Let's talk again when you grow up

Tim's £500 marathon. Goal £1 million

Have a pleasant weekend everyone, hope no one got burned in this crazy week

Dragon Riders GBP/JPY

I'll wait for confirmation for that, no limit orders for me. As I shared on Dragon thread, it seems far too likely that some bull trapping will happen over the next few days, especially given the fact we couldn't close 55 today

Cable Update (GBPUSD)

If we do could be in for a nice move down to yesterday's close before the gap Hick hope you held your UC long

Cable Update (GBPUSD)

No one cares about the blacks

Cable Update (GBPUSD)

Grabbing a (small) EU short at 1.1255. Might just ride it to parity Couldn't get back into the GJ short at 185.4 so I'm sitting out until Monday

Dragon Riders GBP/JPY

5488 to 5429. Small easy trade

Cable Update (GBPUSD)