Calling it a day here.....have to run to the post office etc.....will be back later to see how things ended up today. There is not much more news coming out so unless Obama or someone opens their mouth things should probably just consolidate ...

Cable Update (GBPUSD)

I don't know....my charts still point up that is why I stayed out of the short......and as for my crude trade it is now popping nicely up another 50 cents - although I closed early - But my experience says.....a little profit is better then a ...

Cable Update (GBPUSD)

Nice trade.

Cable Update (GBPUSD)

Not seeing much movement in the Pound right now.....saw a setup for Crude Oil - posting chart with notes. Sorry if this is off topic from currencies, but currencies drive oil prices so it is inter-related. This was a very quick scalp trade lasting 3 ...

Cable Update (GBPUSD)

Good morning everyone..... Well, looks like the trade that I exited early did finally hit my 100 pip target. It is tough to stay up all night and all day - I do need my sleep. Anyway, just sitting and watching now - very nice recovery in all of the ...

Cable Update (GBPUSD)

Thank you for your nice comments. The platform I use is Interactive Brokers.....that is my trading platform and broker......I use 2 other programs for my charting. I only trade futures.... Hope that helps. Faller.

Cable Update (GBPUSD)

Sold into strength......will post a chart but I have lost most of my notes as my computer crashed a few times and somehow my charts lost some data....but look back at my earlier posts....my notes are there....not a bad result for the first trade of ...

Cable Update (GBPUSD)

Posting chart with notes and trading platform update.......see how price broke out of falling wedge pattern to the upside.....everything is looking good for a nice move to the upside now......barring any shit news that can pop up! Enjoy and please ...

Cable Update (GBPUSD)

fyi - still holding position - will post chart soon.......just posting my trading platform so that everyone can see my position and where it is at........ Will post chart in a bit. Thanks, Faller.

Cable Update (GBPUSD)

Still holding position - nice falling wedge pattern forming. Had a test of a previous up trend line from 8am last friday inside this falling wedge. Waiting for price to break above down trend line and looking for a 20 - 30 pip move and maybe another ...

Cable Update (GBPUSD)

First entry - Very basic chart I will post - will try and detail it more as the evening moves on. Entered 4 contracts long at 1.5443 - possibly too early of an entry but going to let it work it's way through will hold a stop loss of previous days ...

Cable Update (GBPUSD)

Good evening everyone...... I see there was a nice pop and now drop.....everything seems to be taking a shit kicking except for silver and gold. Dollar index popping big time - euro really getting hammered........what is everyones thoughts? I am ...

Cable Update (GBPUSD)

This is what I posted late Friday........read below [quote=Faller;4983119] I will post my daily futures chart and maybe this will give you some insight. It is nothing special just....just shows a falling wedge pattern with a nice daily bar for ...

Cable Update (GBPUSD)

Cheers.....I am looking for 1.57 as my first up move target..... Hope you can have a good weekend. Faller

Cable Update (GBPUSD)

Here is the chart of my re-entry after I closed for a loss....with updated trading platform numbers. And as we can see we did get that pop to daily highs....I was just a little early on my entry. Should have waited for the stochastics to confirm.

Cable Update (GBPUSD)

Not sure how I can best advise..... If you want to share your entry point - your price - I can look at the chart and try to assesses things for you. But that is something you should have done before you entered the trade. When you say 200ish....is ...

Cable Update (GBPUSD)

Giving up the 200 ema and 50 ema.....dollar index popping.....closing position -15 pips. That's why I don't trade late on Friday.....oh well....take it on the chin.......good afternoon everyone. Faller.

Cable Update (GBPUSD)

Taking a late Friday trade - not my usual. Price holding 200 ema on 5 min and pushing the 20 ema on the 15 min chart. I like this channel for a pop to the upside. Target before end of day today is the daily high.....stop loss will be tight.....but ...

Cable Update (GBPUSD)

Well I am very happy with the outcome of this posted trade - Although there was not much to trade during today's session I am pleased the the price held up above my 100 pip target. I will not be holding any positions over the weekend due to all the ...

Cable Update (GBPUSD)

Possible entry point....holding 200 ema on 5 min and holding 50 ema on 15 min......still watching.

Cable Update (GBPUSD)