Im with you on this one, going against the breakout is risky though

USDCAD trend reversal?

Depends on the FED statement. If it focuses on inflation worries again like last time then I think it will be bearish for cable

Cable Update (GBPUSD)

I did exactly the same! Added shorts now at 2.0024

Cable Update (GBPUSD)

down until that news came out that doesnt help the yen

Daily GBP/JPY analysis

same here I opened at short at the same price. Ill trade the pattern

Daily GBP/JPY analysis

Interesting pattern on hourly chart, Anyone trade patterns ie like Bulowski? I think this is a descending wedge pattern, worth a brave short or buy on breakout?

Daily GBP/JPY analysis

closed those shorts for an ickle loss edit -good job as well!

Daily GBP/JPY analysis

1AM GMT. It all depends on the news but if news is quite positive we could see another drop here

Daily GBP/JPY analysis

When I saw the futures I was quite pleased with my cable shorts but wtf Dow and S&P couldnt give a damn about the yen buying it seems

Cable Update (GBPUSD)

try spread betting -tax free as it is classed as gambling. Unfortunately if you trade full time and do not have a job you then will be classed as a professional gambler and will have to pay normal income tax and NI. If you made good money trading I ...

UK investors and their tax problem

ooer I sold UJ at 122.88 when it hit a fib line hoping for bounce off it, at the same timw I sold GJ at 245.59 Probably not wise now thinking about it

Daily GBP/JPY analysis

Im not knocking Mr Gann, it is something I want to study. I just couldnt resist a crap joke

Daily GBP/JPY analysis

Lets hope he doesnt get a puncture, its a long way to walk from Mars

Daily GBP/JPY analysis

lol told you it was a breakout

Cable Update (GBPUSD)

dont go to soon, you know a move wil happen. Just checked my chart and cable posted a new low at 1.9968 from previous low 1.9969 (breakout)

Cable Update (GBPUSD)

DOW etc opens up in 15 mins - Interesting to see what happens here.

Daily GBP/JPY analysis

im bullish - 1.30 pm US $ news was very bad - USD/CAD reacted by moving up 20 pips. Market sentiment is bullish I think

USDCAD trend reversal?

Really poor news for US and price is dropping in cable - market sentiment could mean a drop is due? Thoughts Other thoughts USD/JPY going down again will pull GBP/JPY down. DOW and S&P futures now down, in a bizarre way could this news mean cable ...

Cable Update (GBPUSD)

that move up just before news time was a bit iffy, leaked numbers or pure speculation?

Cable Update (GBPUSD)

The important question is the market pricing in another rate hike to 5.75% Remember back in April talk of a double rate hike due to spiralling inflation led market to price in 2 rate hikes. 5.25% - 5.75%. This gave us a top price of 2.0133.

Cable Update (GBPUSD)