Am I right about this? There is a difference between the retail trader and the institutional trader that is significant. Mathematically speaking, the most profitable way to trade would be to close your profits after an extreme move in your ...

Cable Update (GBPUSD)

What you call a stall, some other people call a consolidation.

Cable Update (GBPUSD)

Here is what I'm seeing. It looks too obvious like this is the top, doesn't it? 75% are short right now because everyone sees, hey, this is the top! That gives me pause. If everyone is going in the same direction and thinking the same thing, what ...

Cable Update (GBPUSD)

Could it also rise extremely fast if unemployment numbers come out red this morning, over 100 pips likely?

Cable Update (GBPUSD)

Pardon my confusion. Which are the lucky ones and which are the ones whose accounts will get swept?

Cable Update (GBPUSD)

I keep coming here looking for the news that is driving this and am seeing Nada.

Cable Update (GBPUSD)

This thing is unstoppable today. Bears getting slaughtered as this goes straight up.

Cable Update (GBPUSD)

Stopped out. Time to start looking for another entry.

Cable Update (GBPUSD)

Prediction: We will move up just enough to take out my stop, then fall a few hundred pips, just to twist the knife.

Cable Update (GBPUSD)

While I am in short, it is only meant for short term, no more than 12-15 hours. I think this has more to run up.

Cable Update (GBPUSD)

I'm putting in a tight stop as we may get another run up here after the news releases in the next two hours.

Cable Update (GBPUSD)

I don't know. Looks like there are more bears than bulls right now according to this website.

Cable Update (GBPUSD)

I did pull a short just above there. Almost stopped out.

Cable Update (GBPUSD)

I went ahead and closed my long. Will try and find another entry tomorrow.

Cable Update (GBPUSD)

The show is about to begin.

Cable Update (GBPUSD)

If there are lot's of examples of that, could you share the most recent one with me?

Cable Update (GBPUSD)

When was the last time GU moved 200-300 pips in one direction over the course of 60 minutes?

Cable Update (GBPUSD)

Went ahead and picked up a long position here. Don't know if I'll hold onto it for long though.

Cable Update (GBPUSD)

Yep, just as I figured. Probably should have bought and just set a loose stop. Ah well, woulda coulda shoulda.

Cable Update (GBPUSD)

We always get to buy territory just as I'm about to head to bed. Bah.

Cable Update (GBPUSD)