Just had a sell order placed at teh 50% fib (1.65500)on small pull back Hit it to the nose and now hopefully will fall back down.

Cable Update (GBPUSD)

Well i am out i think for the day. Tried to get in on what i thougth was a pullback. Was a silly and instinctive not thougth out trade and i paid the price. Got to keep telling myself to keep out of news trades.

Cable Update (GBPUSD)

Am i wrong was that bad US news? Would this more thank likely mean a rise in gbp/usd

Cable Update (GBPUSD)

Very nice post. I think i am currently in stage 2 at the moment.

Cable Update (GBPUSD)

I cant read your document. Maybe you should copy and paste it into the thread?

Cable Update (GBPUSD)

I am reading Way of the turtle at the moment which is a good read. I also read The FX Bootcamp Guide to Strategic and Tactical Forex Trading (Wiley Trading) Which was great for someone with little or no knowledge of trading. Might have to re read ...

Forex Books

Just took my profit at +55 pips. Was worried about the drop in GBP being a retrace from the news spike and rise

Cable Update (GBPUSD)

Is the news good enough to get the GBP abouve the 1.6600 mark?

Cable Update (GBPUSD)

Is there any reason why the pound is falling after higher than expected growth in production? Is it because the news at 12 is estimated to be bad? ( increase on BOE asset purchase)

Cable Update (GBPUSD)

I have a Sell set up at 1.6595 hoping it will get there and return back where it came from.

Cable Update (GBPUSD)

Is the current downward direction likely to be a retracement on the uptrend or has the cable reached its top for the day. I am currently have a sell at 1.65272 and hoping for a big drop.

Cable Update (GBPUSD)

Hi everyone. Am new to the site. Been reading this topic for a couple of weeks now. If the H4 bar closed below the 1.62900 level when is the next likely support level?

Cable Update (GBPUSD)