So how would you define an up trend? If this is a down trend why are we going up? Doesn't matter to me I day trade currencies but just seemed a strange post when your charts show up. Oh well each to their own I guess.

Cable Update (GBPUSD)

I see this going back to 5250 area(daily pivot) then up again but that's just my opinion and can be totally wrong.

Cable Update (GBPUSD)

Its a guessing game at best but where all the shorters gone? Miss them they fun. As a day trader (wait for London open ) looking to kick through Fridays high. If not then wait lol.

Cable Update (GBPUSD)

lol doesn't mean I know what I'm doing

Cable Update (GBPUSD)

NZD/USD with 67% of FF long it has got to be worth a cheeky short. Not even bothering to pull the chart up straight order looks like a gift

Cable Update (GBPUSD)

lol leave them to it. On that basis they all be buying on Monday so time to short he he (doesn't affect nav seems to take a longer perspective on things)

Cable Update (GBPUSD)

Thank you actually means a lot. Read lots of your posts (not all 10 million) and have respect. Same with Bones love his charts. Good sense of humour helps too lol

Cable Update (GBPUSD)

You got to wonder. This morning they all going short around the 50 level we sail through the weeks high lol where they gone? Very quiet lol.

Cable Update (GBPUSD)

Thanks! I just day trade it but do look at the longer picture. Good chart thanks again and have a great weekend.

Daily candle chart

well it doesn't matter. I trade for a living most here haven't got a clue. There are some good ones but few and far between.

Cable Update (GBPUSD)

Stop talking to yourself and analyze cable for me please.

Daily candle chart

Doesn't really matter - most people on here on demo anyway. I thought the figure sounded high only because most of retail spot never sees the real market - sticks with the bucket shop/market maker.

Cable Update (GBPUSD)

Most of retail trades go no where near the market full stop. 6% sounds high where do you get that from?

Cable Update (GBPUSD)

This is being sold for two reasons - first profit taking second so NY guys can get good price to buy. However it may collapse. Good luck.

Cable Update (GBPUSD)

I seem to trade equities this way lol been holding some for years. Kept buying RBS for some reason. It all comes right eventually. Wine bar time.

Cable Update (GBPUSD)

I think you will find that 'spike' was a bit of profit taking but good luck. Maybe if you convinced it going down that would be a good place to add.

Cable Update (GBPUSD)

it would be something especially in holiday time as well. Hey only chance of that is if Citi or HSBC or someone gave Nick Leeson a job.

Cable Update (GBPUSD)

Thanks nAV - tell all these shorters to go look at the daily they might listen to you! They could be right of course.

Cable Update (GBPUSD)

Hi Rexio - we coming close to the high of the week. That maybe the place to short. Dunno I'm done for the week anyway.

Cable Update (GBPUSD)

You can't trade cable with 10 pip stop it will kill you 90% of time unless you have a massive account and just looking to take a couple of pips here and there. Good luck.

Cable Update (GBPUSD)