You have a good point. You never know....the way I see it the markets never sleep and they may have already weighed in earlier. Asian markets have not really sold off very much....so for me down 25 pips on my trade shows not much selling. There is ...

Cable Update (GBPUSD)

30 min closed one pip below my stop loss.....continuing to hold position and will post chart later as price moves back up into the down channel - Although I did not want this to be a longer period trade.....the more I assess the daily chart it looks ...

Cable Update (GBPUSD)

Adjusted my stop loss a little bit.....waiting for the next 15 min candle to close....if below my initial stop loss of 1.5450 I will close manually with a 25 pip loss.....if not will see how the next candle holds up.

Cable Update (GBPUSD)

Posting another chart....same as before just 2 new trend lines....they are a pink color showing a small falling wedge pattern breaking out from an earlier larger falling wedge pattern.....still holding. Just watched the market futures take a big ...

Cable Update (GBPUSD)

Asian trade update..... Price consolidated long then I would want and as price started to move down I kept an eye on the dollar index and the euro as well as oil which kept me from closing this trade early. We have now gained the 20 ema on the 5 min ...

Cable Update (GBPUSD)

Looking at your chart up close.....to me it would appear that we are in a demand zone. Every reversal starts somewhere... Just my 2 cents.

Cable Update (GBPUSD)

Still holding my long position.....dollar index is forming a nice inverted hammer on the 15 min.....oil is popping and euro is popping.....we will see.....I think we will get a good retrace......will post chart later. See first chart above.

Cable Update (GBPUSD)

I am not liking the price action or the yen move at this time.....will wait for this 15 min candle to close......but may close manual before stop is triggered.

Cable Update (GBPUSD)

First trade of Asian session - Chart posted with notes. Enter 1.5475 (futures pricing) - target daily high of 1.5505 stop loss1.5450 - 25 pips either side of entry.

Cable Update (GBPUSD)

what a reversal.....wow.

USD/JPY Discussion

What is the setup? Long or Short? Short term scalp or long term hold?

Cable Update (GBPUSD)

Possible re-entry off lower trend line.....read red message on chart.

Cable Update (GBPUSD)

As long as you understand.......that's all that matters. Off topic....I tried to jump into the yen....but my order did not get executed......dam.

Cable Update (GBPUSD)

Things look different after the FOMC release.....

Cable Update (GBPUSD)

???? didn't happen. don't trade during news events.

Cable Update (GBPUSD)

Too many conflicting price actions...... US dollar is down Gold is starting to drop like a rock Oil pulled hard off highs of day sitting mid point of day while dollar is at low of day.... market flat which is expected.... I wait for things to line ...

Cable Update (GBPUSD)

I did not get the Holy Grail sent to my inbox this morning.........just trading what I see.....and obeying my rules.........DON'T TRADE DURING BIG NEWS RELEASES. Nice profit earlier today.....now I watch.

Cable Update (GBPUSD)

Johnny Cash.......for those who care..... video

Cable Update (GBPUSD)

???? Please tell.....what do you mean?

Cable Update (GBPUSD)

My original target was hit.......I exited early but exiting with profit is better then exiting with nothing.

Cable Update (GBPUSD)