I think it's good to go long there...was umming and arrrrring due to being a bit gun shy at the moment....LOL so did'nt take the trade at 2350....could have picked up a quick fire 30 pips but not sure it'll break 2400 today

Cable Update (GBPUSD)

Very nice print on Canadian jobs, will make Justin Trudeau even more popular if that's possible....LOL

Cable Update (GBPUSD)

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Cable Update (GBPUSD)

Sorry to hear you suffered a loss there M8 and anyone else who got hammered, this time around I was lucky not to be trading but I usually don't trade Asian session as either working or just don't do it due to low liqidity. But on the odd occasion I ...

Cable Update (GBPUSD)

Yeah I know....see what happens when Cable tanks, the whole world goes crazy.... I wouldn't put to much stock in some market manipulation theory, more likely as a lot of analyst have said Hollande's negative statement towards Britain triggered some ...

Cable Update (GBPUSD)

I've lost my yellow star next to my name......NOOOOOOOOOOOOOOOOOOOOOOOOOOOOO!!!!!! worse thing than the 'Flash Crash'....lol video

Cable Update (GBPUSD)

That would be a nice dream but in the real world what would happen is the bank would be propped up with public money like last time i.e To Big To Fail....So doing a very communist thing by using tax payers to bail the bank out when they all extoll ...

Cable Update (GBPUSD)

I'd be happy if this failed at 2767.....make some pips, maybe 2750 area will be hard to get through as place where offers will be sitting, also offers at 2735....

Cable Update (GBPUSD)

That's seriously scary stuff....but at least I'll know who to call if I need some plumbing work done or who can put on a great breakfast meeting...LOL

Cable Update (GBPUSD)

You got Greenspan to thank for that....he knew the US economy was going to tank but didn't want it happening while he was in charge. So he kept lowering rates to prop up an ailing economy and the rest of the world had no choice but to follow suit. ...

Cable Update (GBPUSD)

Price is getting above 200ma on the One minute chart, always a good sign to go long for me....

Cable Update (GBPUSD)

Makes a whole lotta sense...

Cable Update (GBPUSD)

Option Expiries from forexlive.com.... Interesting spread on Gbp/Usd, I'm not sure how to inteprete that, anyone got any ideas??? I know options can greatly impact price when big players don't want the price to go over or below a certain price and ...

Cable Update (GBPUSD)

Well unless I'm blind time and time again I see Cable drop 30 odd pips before Euro/UK session.....LOL Eur/Gbp at 3 and a half year highs so hitting resistance and Eurostoxx futures up so posible 'Risk On' day and ...

Cable Update (GBPUSD)

I think it has always done that, for last 10 plus years anyway....my guess is UK traders looking for a better entry point...

Cable Update (GBPUSD)

Gbp/Jpy does give Cable a boost and depends on market conditions... Usually when Nikkei is on the move upwards('Risk On Day') it means the Yen is being sold off as Yen these days is seen as a 'safe haven' currencies. One of the oddities of FX ...

Cable Update (GBPUSD)

I hear what you are saying....I just see it as a natural progression, whatever you get good at the next step is to pass on what you know. You do get a kick outa seeing people get good at something you've taught them.

Cable Update (GBPUSD)

No what I meant is to be in a room with other traders and not just trying to learn over the net....

Cable Update (GBPUSD)

Cheers USD for vote of confidence but will be a while before I can teach anyone FX...I'm still learning a lot of stuff myself and when I'm consistently profitable I'll start helping other to become profitable... I need one of those Red stars ...

Cable Update (GBPUSD)

The 4 hour candle before this one is a bullish signal being a Pin Bar and this present 4 hour could turn bullish after the US ADP employment figures due out in 10 minutes but there is no guarantee it will in this environment

Cable Update (GBPUSD)