Well, what are you going to do about it?

Cable Update (GBPUSD)

Nah, you might as well try and catch a falling chainsaw.

Cable Update (GBPUSD)

Short GBP/CAD at 1.6300, 35 pip stop. Let's do it again.

Mr Breakout (Day) Trading Journal

As expected this not so convincing triangle of yours produced a false breakout to the upside (see chart). Never trust "breakouts" that occur at the extreme end of a triangle. In fact some traders just fade them...

Cable Update (GBPUSD)

Someone sent me a private message and asked me how to assess the trend of a currency on the 5 and 15 min time frames. Well, one of the most objective ways to do this is to use simple moving averages (personally I prefer the 50, 100 and 200 periods). ...

Mr Breakout (Day) Trading Journal

Thanks Mani82. The market moved more than 115 pips in my favor and then reversed at 10AM when Fed Yellen opened her mouth. Oh well, I still ended up making money, that's the most important thing.

Mr Breakout (Day) Trading Journal

Out at 1.6300, +55 pips. Total for the day: +20 pips (-35 + 55).

Mr Breakout (Day) Trading Journal

Short order has been triggered.

Mr Breakout (Day) Trading Journal

Stopped out, minus 35 pips so far. Pending short limit order at 1.6355, 30 pip stop.

Mr Breakout (Day) Trading Journal

Please refrain from posting that kind of comments, one day you (we) will (all) get "old" too, always keep that in mind...

Cable Update (GBPUSD)

What?? Are you for real?? I just asked you a very simple question, politely. Anyway, forget it.

Cable Update (GBPUSD)

I posted a trade on my thread a few hours ago, here, you did not see it?: url Hmmm, I think you are still hungover. Let me guess, Tequila Barton or something...

Cable Update (GBPUSD)

Hi Ahmed, So what kind of specific buy/sell order and stop did you put on your FX trading station?

Cable Update (GBPUSD)

Sure PayTheLimit, some traders like to draw/display 3,000 trendlines and support/resistance lines on a chart. Then they can always come back later and tell us : "See, I told you so!" One of this oldest tricks in the book, don't fall for that crap. ...

Cable Update (GBPUSD)

Right now it's just noise on the cable and the US dollar, the market is waiting for the German GDP (2 AM EST), the Italian GDP (4 AM EST), and the British CPI (4:30 AM EST), plus many other important financial news, like Yellen's speech before ...

Mr Breakout (Day) Trading Journal

Hello again Giulietta. To answer your questions I am a full time currency trader. I have been trading and testing all kinds of trading strategies for quite a while now. My first trade was on an IBM stock. I bought the stock back in the 70's early ...

Mr Breakout (Day) Trading Journal

Hi Sagi. Do you mean trading the London opening range breakout strategy?

Mr Breakout (Day) Trading Journal

As you probably already know, it is almost impossible to move the Canadian dollar during the Asian session. I mean, forget about it, it's a stubborn mule!

Mr Breakout (Day) Trading Journal

Bought GBP/CAD at 1.6375, 35 pip stop.

Mr Breakout (Day) Trading Journal

Chinese Consumer/Producer Price Index report in less than 7 minutes (8:30 PM EST). These reports usually have some impact on pairs like GBP/NZD, and GBP/JPY to some extent. Let's see...

Cable Update (GBPUSD)