USD/CHF took a pasting so one would expect cable to rise a bit especially on run up to interest rate announcement. Instead its had no new buyers even at 2.0150 when the last high was 2.02** Something is not quite right here I sense, people bailing ...

Cable Update (GBPUSD)

Sure it does have a small stop loss if breaks down out the channel, I should have said this is a quick trade aiming to get 20 - 50 pips, I will be closing it before announcement. I think we will see buying on the run up to it.

Cable Update (GBPUSD)

I just opened a long trade at 2.0160. I believe we will see buying on run up to interest rate announcement We are in a small upward range and I believe a buy here will have good R:R On my 1 hour system there is a buy entry (dont normally use 1 hour ...

Cable Update (GBPUSD)

Well I think we have a bit more buying in the lead up to BOE announcement, But I think once it is announced cable will drop and I will have my shorts ready. This is more based on my fundamental view that 5.75% is fully priced in. If rate on hold ...

Cable Update (GBPUSD)

I do use MT4 for my charting, I have Oanda but they dont have trailing stops which is a pain. I think I will give IBFX a go (be the 6th broker ive tried lol).

Cable Update (GBPUSD)

Told you I was mistaken! So no charges to pay for the account So with the trailing stop I have to keep the IBFX screen open and my computer turned on constantly. As soon as I turn off the PC no more trailing stop? edit Looks my question ...

Cable Update (GBPUSD)

IBFX I thought you had to pay for a data feed or have I been completely mistaken? They were a broker that looked good and have a trailing stop feature which I need. Is it a free account?

Cable Update (GBPUSD)

Thats a better argument than some ive read on here to go short I am short today! In decent profits, good target could be test of 2.0133

Cable Update (GBPUSD)

Happy 4th July, it should be a day of mourning really. Celebrating the day you double crossed us English. Tut tut

Cable Update (GBPUSD)

Ive gone short at 1.0586. Deal or No Deal?

USDCAD trend reversal?

Well im selling presently as my 4 hour system gave me a signal. Interesting stuff Orionsway. What im selling! Let the flaming begin

Cable Update (GBPUSD)

Hey if I was able to lose 10% of my account in a month then its possible to gain 10% a month

Forex Profit... Im sorry but... (10% per month?)

6.25% as expected no real movement in price and to think I stayed up past my bedtime

Aussie Pairs

Wave C does look good at the moment! Funny how markets can change so quick We did have a bearish flag formation that broke out to the upside, price has retreated however. Buy opportunity or false break?

USDCAD trend reversal?

I was stopped out and took some profit. Will look to reposition again.

USDCAD trend reversal?

Not sure hows that a double bottom? 5 and B are around 100 pips apart. The chart pattern could be a dead cat bounce, another sharp drop is about to hit USD/CAD potentially. Also with the new low, resuming of large downtrend is back, the flag we were ...

USDCAD trend reversal?

lol funny last 4 pages of im the bestest trader ever. If memory serves this or another thread we had this same argument around mid April which coincided with cables last high and then drop.

Cable Update (GBPUSD)

logically I think short like Gooner but price action says otherwise. Its all a conspircay I tell ya!

Cable Update (GBPUSD)

Sure it is! Mr Brown hand picked 4 of the voting members on BOE committee. He has no input what so ever in monetry decisions because he and labour are renowned for their honesty!

Cable Update (GBPUSD)

This is a New labour government just with a new face. I would be surprised if they didnt use the opportunity to release bad news at such an opportune time time. They have done it many times in the past, at times like this it just lessens the impact ...

Cable Update (GBPUSD)