Im off for the day. See yous tonight.

Cable Update (GBPUSD)

You shorted 1.5145 .. so when you were at about 20-30 pips in profit, you move your stop to BE (break-even).. meaning, your stop would be 5145, that way if it gets hit you dont take a loss. And look what price has done now. This is not always the ...

Cable Update (GBPUSD)

I see volume decreasing as price is rising. That to me is bearish. You may catch another re-test of the highs though, who knows. You bought right at resistance so hopefully it breaks. I would have waited for a thrust higher and a pullback to go long. ...

Cable Update (GBPUSD)

King that's not really a good way to trade. Closing down one short and opening another will cause you more grief. What if price shoots up really high? Ya sure you got one position in profit, but then youll lose on another. And if you had a stop in ...

Cable Update (GBPUSD)

Here you go inzider .. these indi's show breaks where new days begin, so you can study how well any pair respected the pivots if you back test.

Cable Update (GBPUSD)

Im in from 5145 as well

Cable Update (GBPUSD)

Not many people will understand whats going on .. I sometimes dont haha ..

Cable Update (GBPUSD)

I dont like to make an actual trade call, rather show you the setup and let you decide. Its a very valid plan though, basically shorting a re-test of resistance. I am just watching how the price is reacting and then going to decide. If I do short I ...

Cable Update (GBPUSD)

Ya and i also forgot to mention and the hourly 21-ema is in there. This is one of those times lol I like these setups because if you are wrong for a small loss, oh well.

Cable Update (GBPUSD)

If i take this trade Ill be targeting 1.5000 .. so actually 1.5010 to ensure I get a fill if we get there

Cable Update (GBPUSD)

Short off 5150 .. prior resistance, monthly R1 pivot (5156), 38.2/50% retracements from the top. This is if 5150 turns into resistance since it was once support.

Cable Update (GBPUSD)

I'd hope so! I was short overnight from 5237 and was stopped overnight for +15 on a spike ... Damn institutions causing spikes to take out stop to get their orders filled. I see a nice opportunity to short if we dont get back above 5150.

Cable Update (GBPUSD)

Lesson 1 ... Dont sell after a drop in price!

Cable Update (GBPUSD)

Possibly. Possibly not! We wont know until the damned thing moves. Please you a stop loss so you dont blame your broker if you lose I found this in a site EricB sent me, quite funny... I find it impossible to believe that each and every trade ...

Cable Update (GBPUSD)

I can gather from alot of those review of FXCM that its alot of newbies that just dont know what the hell they are doing, and lose, and then out of emotion blame the broker.

Cable Update (GBPUSD)

I had read similar stuff before. I don't feel my broker (FXCM) is a scam. Whether or not that take the other side of my trades I do not care. I have however seen price near my stop, stall, and flash quickly to take it out before retreating. I knew ...

Cable Update (GBPUSD)

Post your article! I need something to read

Cable Update (GBPUSD)

Then they would also make money when you hit your take profit then... They only way they make directly off you is if they take the other side of your trade and you end up losing either because of a stoploss or manual closure of the trade. If I am ...

Cable Update (GBPUSD)

Looks like she just filled a small gap on my MT4 (00:00 GMT closing time), could see some down. I'll try to keep up on the GBP analysis this week but I am currently in a USD/CAD trade. So I may/may not take trades on other pairs. But this one was ...

Cable Update (GBPUSD)

They trade with our money and also make money on spreads. Hence every broker posts anaysis and trade reccommendation on many pairs to get you trading, so they can get spreads.

Cable Update (GBPUSD)