Daily doesn't suggest to me there is going to be much of a push to the downside because yesterdays candle is an indecision candle and traders are looking toward the all important US rate decision next week....

Cable Update (GBPUSD)

US stocks having a better day so far

Cable Update (GBPUSD)

There are big players who will move the market simply because of the amounts they trade. Not sure if it's correct but I read somewhere(a while back) that Citibank who is(was) the largest forex trader trades 13% of the market. I could be wrong on ...

Cable Update (GBPUSD)

No good at making memes cause I've never practised but replace "You wanna get outa here, you talk to me" with, "You wanna know when to buy Cable, You talk to me" I never trained myself to sell the market so find it really difficult but ...

Cable Update (GBPUSD)

Closed Euro 1032 and Cable 3062 and then they both popped up some more......those crooky MFs But all in all a good day at the office even though it's my desk at home and it's after 11pm here LOL

Cable Update (GBPUSD)

I would call it a mixed bag...

Cable Update (GBPUSD)

Yesterdays price action was great and the day before too

Cable Update (GBPUSD)

I don't think there is going to be much action until just b4 Euro interest rate decision....could be wrong

Cable Update (GBPUSD)

Negative day for US stocks, guess their thinking they won't get the 50bps rate cut, and now either 25bps or left as is.

Cable Update (GBPUSD)

Yes your right there about earning swap holding sells

Cable Update (GBPUSD)

Have you tried Eightcap, their servers are located in Japan and not the US or London which makes for faster connection. I'm talking to one of their account managers Alan who is tryin to get me to come over to the dark side Not sure of their ...

Cable Update (GBPUSD)

Depends on your trading style, for me I try not to hold any positions overnight and definitely not today where you scammed with triple swap. If Euro drops below 1.1000 and Cable below 1.3030 then I'm calling it bearish

Cable Update (GBPUSD)

Going from 0.2 to 0.3 doesn't seem like much but the US economy is huge...

Cable Update (GBPUSD)

Just b4 significant news you could wipe out the account

Cable Update (GBPUSD)

Have to disagree there, what's weighing on traders minds right now is whether the US will cut the interest rate. If they don't then your scenario will play out, if they do then expect at least 3200 possibly 3300 CPI come in under expectations will ...

Cable Update (GBPUSD)

Looks like a bounce of 1.3080 again and LO in 9 minutes

Cable Update (GBPUSD)

There is this expectation the US interest rate will be cut and if CPI is lower then that'll add to the over consensus. This is why no real movement on British data, on a different day this could move down 30 pips

Cable Update (GBPUSD)

Yes that would be a huge move and expect fireworks....

Cable Update (GBPUSD)

The 70s version was the best

Cable Update (GBPUSD)