So what you're saying is everyone should wait until, say, at least 10 minutes before shorting? Perhaps after a bearish m1 (or m5 for those boringly cautious types) candle - a clear sign of the trend reversing?

Cable Update (GBPUSD)

Agreed 100%. For short or medium term trading, technical trading is far safer and less arbitrary, so long as we are methodical and consistent in our approach.

Cable Update (GBPUSD)

It's nothing to do with living in the dream world. It's about trying to remain objective, which is admittedly a difficult thing for us humans to achieve, and taking a look back over history, at all the times when capitalism was supposedly on its ...

Cable Update (GBPUSD)

Please keep your videos for Jay Walker's Video thread.

Cable Update (GBPUSD)

It's fine for us to disagree. Just be careful that RT isn't skewing your judgement to the extent where it is detrimental to any investment decisions you may or may not make.

Cable Update (GBPUSD)

It's far from certain....

Cable Update (GBPUSD)

They'll act, assuming they do, when the market leasts expects. One only has to observe how they shocked everyone, particularly myself, with the timing of the first intervention.

USD/JPY Discussion

Your posts bear out the fact that you're not new to this business. Good luck.

Cable Update (GBPUSD)

Agreed. There is definitely no difference, if the Fed embarks on QE2. Essentially, the Fed shorting the dollar, through further QE, which increases the supply, and reducing the price, of the dollar.

USD/JPY Discussion

Even if such a break were to occur, it would still be far too early to make such an absolute statement regarding the success of, or the lack thereof, intervention. It's likely to be a long game that the BOJ are embarking on. The line in the sand is ...

USD/JPY Discussion

Definitive Sound — The definitive London sound from the city's greatest export of all time - The Clash, with London Calling (to be played daily 45 mins after the FO) video RIP, Mr Strummer

What kind of music you hear while you trade?

u have too fink alot bruv. cos if u dont, u will loose money from you're account. so their!

No more BS - What have you learned?

Cos I fink alot ov wot u say iz right their Pipmutt

No more BS - What have you learned?

Be careful, folks. FTSE monthly and quarterly futures contracts are now expiring, going into auction mode, hence we may see extra volatility in the next 15-30 minutes, both in equities and in cable.

Cable Update (GBPUSD)

Well done, friend. I also applaud your honesty last night, coming on here talking candidly about your losses, as we all experience such "bad days at the office". The key to long-term success, I think, is having the mental toughness to handle these ...

Cable Update (GBPUSD)

Nice going, Delite. Your trading is obviously showing potential.

Cable Update (GBPUSD)

Agreed....

Cable Update (GBPUSD)

Premaritally? Just kidding, Adrian, I know that English obviously isn't your first language, as is the case for many posters on here. So your efforts to communicate on this forum are appreciated.

Cable Update (GBPUSD)

The UK is still a country running a large current account deficit - which is still in bad shape, despite the marked depreciation of sterling in the past couple of years - meaning it is still firmly reliant on foreign inflows to help plug this ...

Cable Update (GBPUSD)

Arguably, it would have been far more dangerous for the Federal Reserve not to have embarked on QE in the past couple of years. Never mind the risks of inflation, we'd likely now be talking about a lethal debt/deflation spiral for the economy, such ...

Cable Update (GBPUSD)