Patience can bite you on the bum. Hope I'm one of a few who got toasted. I still believe we'll see the 2.00+ level soon - probably tomorrow. On a non news day, I am struggling to understand this rapid drop. Profit taking, yeah some! - 0.5% factored ...

Cable Update (GBPUSD)

Over Confidence — Further point to the "Don't Gloat" rule. Bitter experience has taught me that a string of successes can lead to self delusion about your own ability to read the market. WRONG. The next thing you know a large trade goes ...

My Rules for Forex Trading

Euro holding Cable back. Central bank also anxious about strength of Euro. But, a lot of bullishness out there. Patience!

Cable Update (GBPUSD)

I concur. My only comment is that you, being an academic, tend to use flowery and effusive terms which took my small brain some time to process when reading the document. Once again, Awesome. Congratulations.

My Rules for Forex Trading

So, is the rumour that strong resistance at 9550 will aid a bullish move if GBP fundamentals are OK?

Cable Update (GBPUSD)

From Jeff Wilde Site — Fourteen Laws To Prosper By IMPORTANT NOTE: Many traders will read the following and say, "yeah I already know that". They will gloss over it and not put any more thought into it. I can however tell you with certainty ...

My Rules for Forex Trading