We are very close, I have an 8.34% gain for the month so far. Unfortunately, my wife is a big spender so have to keep working... Take care and enjoy the time off, I will look forward to sharing ideas and opinions when you return Feb 1. As for your ...

The WoRmHoLe

Very sound advice BB. Trade what you see, not what you think.

Cable Update (GBPUSD)

Good job WB. I closed my short as well with some decent profit (not the greatest but decent). Position is flat atm.

The WoRmHoLe

Jeff, You are quite welcome. I am a huge believer in taking profits when you can. Why let a positive situation turn into a negative one. "When the market gets greedy, I get nervous. When the market gets nervous, I get greedy." Warren Buffet Also, ...

Cable Update (GBPUSD)

Not demand.. ITHPOP IDIOTS THAT HAVE POSITIONS OF POWER. Oboma, Bernake, The senate, The House, The Vice President, The cabinet. About the only one that is any good there is the janitor. He knows his shit.

Cable Update (GBPUSD)

Possibly but not necessarily. This is the bottom channel wall and the point on the master candle that needs to be broken to continue downward. If it bounces up from this point (more than an normal retracement), the bulls have returned otherwise, the ...

Cable Update (GBPUSD)

Your right. That is the master candle (inside candle) spot that I was talking about earlier. In addition, the chart that WB drew the flag on it is on the bottom wall here. This is the point it has to break to go down for the long haul. May get a ...

Cable Update (GBPUSD)

It is going to go up, and down, up and down, up and down. Seriously though, cable is bearish atm and should break bottom side of channel. However, we do have a master candle a couple days back that it has to break in order to continue bearish trend. ...

Cable Update (GBPUSD)

I would guess, but that didn't get me too far last time. lol.

Cable Update (GBPUSD)

I am in agreement with you, hence why I did take the short position. but you are right time will tell. I think the DOW is in for a nice bearish run as well so everyting is lining up.

The WoRmHoLe

And that is why we love it. Hopefully now my put options will gain more value if dollar is gaining strenght.

Cable Update (GBPUSD)

I really had nothing to lose, or at least not too much to lose. My long was from yesterday around the opening price and had SL set at +85 pips on that trade. Had to be optimistic if I wanted it to go +200 pips.

Cable Update (GBPUSD)

Good call on the short Wormie. I was afraid that would happen, but I figured with my SL in there I couldn't lose too much. The question we have now is the master candle on the daily chart. Are we just going to be going back and forth for a few days ...

The WoRmHoLe

Yep, my SL locked in +79 which was -6 from the +85 I set. Not too bad. New expected target 1.5990

Cable Update (GBPUSD)

A bad guess...lol

Cable Update (GBPUSD)

Stopped out, but that's ok, still had a good positive on that one.

Cable Update (GBPUSD)

A guess...

Cable Update (GBPUSD)

It is 0.6 will be the actual.

Cable Update (GBPUSD)

I bought a new Chevy Avalanche And returned to the dealer yesterday Because I couldn't get the radio to work. The salesman explained that the radio was voice activated. 'Nelson,' the salesman said to the radio. The radio replied, 'Ricky or Willie?' ...

Cable Update (GBPUSD)

If it is going to turn short, this is about the point that it would do it..

Cable Update (GBPUSD)