Yes, I agree AND strongly disagree Well, $250,000*2,5% = $6,250. Compare that to the average salary in your area. With 2-3% a month, I would need at least $500,000 in capital to justify leaving my day job and taking care of my family on trading ...

Cable Update (GBPUSD)

2-3%. Absolute minimum capital (for "trading for a living"): $250,000.

Cable Update (GBPUSD)

Well, scalpers already had their 50 pips from the top, but I agree. BTW, looks like NASDAQ's breaking out (to the upside) And you know, without risk aversion, dollar = no good!

Cable Update (GBPUSD)

Simply average (Sell + Buy) from igindex. (Top financial bookmaker, I guess they are making money on their bets...) (Disclaimer: Long cable 1.6394, 1.6343, 1.6305.)

Cable Update (GBPUSD)

Well, 'bookmaker style' probability for 1.66 within the next hour would be around 2.5%.

Cable Update (GBPUSD)

Short if NASDAQ (leading market today) shits in the shower. AND/OR: Clear respect of 1.66+. Shorting right now still seems a bit premature to me.

Cable Update (GBPUSD)

Shorts should wait for respect of 1.66+ resistance Clean breakout not very likely, but...

Cable Update (GBPUSD)

Looking good now, NASDAQ just broke intraday range. But watch out for Bernanke in about 1 hour, possibly dollar bullish...

Cable Update (GBPUSD)

Yap, the number of people going against the current momentum is simply stunning! And potentially still hundreds of pips to go. Personally long from 1.5350, must remember revise SL upwards on monday

Cable Update (GBPUSD)

Yes, indeed. I'm not convinced that we have seen the end of this, or that we have seen the real bottom in the stock markets yet.

Cable Update (GBPUSD)

To keep your risk relatively low, you could wait for a pullback. Then buy on a breakout of the descending trend line on a lower time frame (e.g. 15 min.)

Cable Update (GBPUSD)

Yes, and cable strength could also be seen as a measure of risk appetite. Makes me believe that the current pullback in the stock markets might become a good buying opportunity for a continued rally (with potential targets in the 9800 - 10800 area ...

Cable Update (GBPUSD)

Amazing dollar weakness... This is not so much about pound strength as it is about dollar weakness (look at other pairs).

Cable Update (GBPUSD)

How beautiful! Look at the dollar..!

Cesarnc's market talk, gossips, rumours & fun

Crap, did we get a stimulus-spike at the end? Marketwatch: China said preparing stimulus as economy slows

Cesarnc's market talk, gossips, rumours & fun

Table would be broken now anyway. To much bad data...

Cesarnc's market talk, gossips, rumours & fun

Hmmm... Let's see what Pending Home Sales will bring to the table. Less than 30 minutes left now...

Cesarnc's market talk, gossips, rumours & fun

Damn. Who are all these retarded, socialistic clowns? Shorting this pathetic excuse of a rally is the right thing to do.

Cesarnc's market talk, gossips, rumours & fun

Yep, we could see 1.2 soon, and the dollar bulls would like to take it to 1...

Cesarnc's market talk, gossips, rumours & fun

...not to forget: image

Cesarnc's market talk, gossips, rumours & fun