Either way people will have plenty more days to ride this sucker down, look how many days it has spent hovering at the top. The daily candle is looking very bull.

Cable Update (GBPUSD)

Oh jesus, I don't know if I can handle a barrage of new highs, I am going to uninstall NETDANIA soon.

Cable Update (GBPUSD)

One week I want to try trading from Oanda historical position ratios. Anything with 70% of traders, trade the opposite and see how I do just for a .

Cable Update (GBPUSD)

LoL, you just brought back some good memories! I think everyone has to go through it. My first account went belly up because I refused to close the damn trade. I got a margin call after 450+ pips and not 20 pips later the market moved in my ...

Cable Update (GBPUSD)

What's throwing me off is all other GBP pairs are not making new highs. Edit: N/m GBP/JPY doesn't count lmao

Cable Update (GBPUSD)

lol my chart is New York time Just waiting for the explosion upwards, but I guess only one way to find out.

Cable Update (GBPUSD)

I will be very surprised to see this tank that easily. You almost always see a 100+ pip 4 hour candle before big moves

Cable Update (GBPUSD)

Sad isn't it? It's even worse when you zoom out and look at these massive uphill climbs. What helps me from falling in the revers trend trap is setting up buy and sell stops outside of the market and let it decide which way.

Cable Update (GBPUSD)

30 pips is hardly selling, trust me.. When they are selling we will know.

Cable Update (GBPUSD)

Damn, no wonder Euro going up! I'll be short once it comes back to 1.37

EURUSD

Something is wrong EUR/JPY fell 15 pips.....

Cable Update (GBPUSD)

Until you see a 100 pip 4 hour candle I wouldn't even get excited about shorting.

Cable Update (GBPUSD)

Well we can surely say this thing is definitely coming down sometime soon.. lol I'm not sure why you would put a sell position though. Like fxtyrant said, this thing could go up enough to make you wanna cry. Last major move down took two differet ...

Cable Update (GBPUSD)

Put a sell stop at 1.37 and call it a day

EURUSD

CHF/JPY about to fly off the chart.. hrmm, I wonder how many lots I could have stacked on that one. Last two months have been silly, I added a position every day on the beginning of the new daily candle. Only two got stopped out...lol edit: ...

Cable Update (GBPUSD)

haha, set yourself up with a sell stop or keep going long.

Cable Update (GBPUSD)

I will say almost all EUR GPY pairs look ripe for shorting atm, but we know what happens when we assume.

Cable Update (GBPUSD)

Bank Traders, Market Makers Sell Stop @ 1.64

Cable Update (GBPUSD)