Hi Ameri What do you reckon ?You know ive noticed traders saying the intrest rate gap dont matter ,Uk is in a whole lot of trouble elsewhere I do feel a little focused on this ,and right now doubt the 50 cut. Say the recent house prices stats ,been ...

Cable Update (GBPUSD)

you never know we might be just going sideways for the min,im still long btw,for the min

Cable Update (GBPUSD)

I wish you luck ,mainly because you have exactly the same view and bet as me,including the fool people thing markets not going to make this easy ,dont want to many on the ride,heres hopeing

Cable Update (GBPUSD)

FIBS — I hope this helps IMHO its going up even if BOE cut rate 50 there still a gap and US might even cut further ,you know BOE really has not got that kind of room

Cable Update (GBPUSD)

I’m thinking were on the up still ,maybe a lot of traders got caught out Friday with that sharp drop ,with longs and are closing out with relief ,holding cable back ?

Cable Update (GBPUSD)

thanks Tiki,for the extra advice ,very much appreciated. I still think this week is going to be v bullish for pound not just on the pin

MW's trading journal

For me that channel top has been tested but price today is outside ,over the top of it ,im thinking bullish for the mo

Cable Update (GBPUSD)

thanks pete

Cable Update (GBPUSD)

Man your good with words Your favourite line “Who s with me” Exactly the things that make you dangerous to new guys Dose contrarian mean sell in a rising market and don’t sell a drop ?

Cable Update (GBPUSD)

Thats great Mike ,long term thats my middle name !!

MW's trading journal

also been looking ito pins a bit and a 50% retrace of the pin (where we are now)is a good entry right ? suppose ive answered my own question on the valid thing

MW's trading journal

anythings possible what about your experiance ?

Cable Update (GBPUSD)

just out of intrest if it did gap up big would you say market would close it straight away

Cable Update (GBPUSD)

cable on my chart is 1.9648 ,i wish it was right though,lol

Cable Update (GBPUSD)

Hay tim,i did not see your post,but i have noticed you trade with FXCM, they have screwed me bad in past,if your still with them move pronto

Cable Update (GBPUSD)

yes a good place for a bounce,i also look for fib confluence and like your train of thought ,note also price at mo is 50 % of last rise on the type of data used for trading for me its this in this order tech+fund+sent=price direction

Cable Update (GBPUSD)

hi mike i noticed that monthly as it happened like you,but felt we would have a fall today,main reason was fundermentaly i thought we should b going up but was not,(intrest rate diff etc)and the news today was supossed to b good for US. My question ...

MW's trading journal

Man that was a good call yesturday ,i sold with you you this morning,since we were seeing the same thing Im gonna have to start sending you commission,looking for a buy soon now

Cable Update (GBPUSD)

sorry checked that annual change reported by Nationwide this thurs is +4.2% not 6

Cable Update (GBPUSD)

Inflation has always been in boe sights ,house prices year on year have not fallen at all ,this last year is still up 6%

Cable Update (GBPUSD)