Honestly, I have no clue. JayBag has just vanished....you and him nailed it when you guys said months ago that cable will go up. Congrats on that. A lot of traders that I know have at least 2 accounts, one conservative and one high risk. I guess the ...

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I'm currently long gold and aiming for 1826, any thoughts?

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Hi trumps, your TE is looking mighty spiffy

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In risk-averse/risk-tolerant situations, it's quite possible for cable and gold to move inversely to one another.

Cable Update (GBPUSD)

If I didn't, I wouldn't have longed the pair. Of course, I could be wrong.

Cable Update (GBPUSD)

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Cable Update (GBPUSD)

If I were to buy cable, I would wait for a break of last week's low (around 1.3608), so I agree with you that around this area would be a good buy.

Cable Update (GBPUSD)

I hope it hits your target so that I could sell it at a higher price.

Cable Update (GBPUSD)

There's risk involved in any position, but this one looks like a damn good trade in my book.

Cable Update (GBPUSD)

TP hit for gold

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You may be right, but I think it'll head down to at least 1845 before hitting 1875 again.

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Damnnnn If it's any consolation, your analysis was spot on though.

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Is that a sign that I should close my shorts?

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Bears are trying hard to bring it down, but looks like the bulls have some unfinished business above last week's high.

Cable Update (GBPUSD)

As I expect the USD to strengthen, I'm currently bearish on both cable and gold. For gold, I have an average sell position@1862-3, aiming for around 1845. In cable, I expect it to drop to at least 1.3610.

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You're tempting me to short it too.

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You're on a roll montygoldy.

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Hi allinazi, I completely agree with your statements that overleveraging and taking extreme risks could lead to the demise of an account. The point that you made about trading that if it's exciting, then you’re doing it wrong is spot on. In essence, ...

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I see that you're already preparing yourself for a retracement.

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Hey Georginson, you could say that we both ended up victorious as we both closed in profit (I had 2 positions, 33 and 41 pips). True, we didn’t let the trades run, but the reason why I closed mine was because I didn’t want to keep it open heading to ...

Cable Update (GBPUSD)