Yeah Ha, I had a short open on London Break at 1.2739 Closed it at 1.26955 for a cheeky $171.06. Now I have some longs open to see if I can ride it back up. I may have opened the longs a bit early but should head up eventually, there has been a ...

Cable Update (GBPUSD)

Hi Bones. Just out of interest what are the Y-axis units on that GBPUSD chart you posted in Post #453107? On my chart I see values around 1.27740, but you seem to have values around 12,777.70000 ie your decimal place seems to be shifted to the left, ...

Cable Update (GBPUSD)

Yes, I am about to get a Break out strategy programmed for me where you can adjust the times that the break out executes and the bars over which the pre-breakout trading range is calculated, and where the strategy is closed. But I would be ...

A Simple London Breakout V.2

What the hell was that?!? 101pip bar on the 1min chart.

Cable Update (GBPUSD)

Oh I agree dean. Sorry I didn't mean to imply that I wanted a particular direction. It was more a question where I was wondering how one gets a sense for what direction particular news pushes the various pairs. Or is the answer that there is no real ...

Cable Update (GBPUSD)

Sorry I have a bit of a Noob question. What effect does FOMC tend to have on the GBPUSD? I don't have a good feel for what causes the GBPUSD to move up and down. Nothing has been going drastically bad in the US but the GBPUSD has been moving ...

Cable Update (GBPUSD)

Oh, what are you up to Cable? Are you bouncing off resistance to head back down, or are you drawing breath to go up. I may have to wait until London to look for breakout. Then there is FOMC at 4am for me, and that is horendus when it unexpectedly ...

Cable Update (GBPUSD)

I am hoping I have not gone short too soon, but I am short from 1.27285. It looks like it is struggling to get above resistance of ~1.27320. Has hit it three times over the last hour

Cable Update (GBPUSD)

Oh my god, I've been up graded to Member!! Thanks who ever did that, you are a legend! Now could everyone stop selling the god damn GBPUSD so it starts heading in the right direction!!

Cable Update (GBPUSD)

The damn currency is not respecting my trend lines!!

Cable Update (GBPUSD)

That middle chart is the busiest I have ever seen Tecciztecatl. What is your interpretation of what is going on in it? I am Long from 1.29118 at the moment with a TP of 1.29353 for a cheeky 23.5 pips. Can any one tell me, when reporting pips do you ...

Cable Update (GBPUSD)

Yeah it could easily do that. Your target was within the preopen range (I use 15 min before opening) and looks like we are continuing the upward trend from before that big spike. You are already at 1.29203, so only 7 more pips to go to your target

Cable Update (GBPUSD)

I hope it keeps dumping. I traded the London Break out at the open of London. Have gone short for three mini contracts from 1.29153. Currently $16.50 in profit. I am hoping for $50 profit to make my weekly $220 target!

Cable Update (GBPUSD)

Yeah I just got out of a long position at 1.28798 for only a 13pip profit, but that was a hell of a lot better than the 64 pip loss that I was looking at when the market opened this morning! I think I might sit this one out until after the election.

Cable Update (GBPUSD)

Hi All, I have been a long time reader of Forex Factory but I have only just joined. I would like to learn to trade so I can survive over the long term. Thanks for this useful thread with lots of great information. I had a question that I have not ...

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