Due to my bonding to EUR/GBP I can tell you that this kind of PA reminded me of EUR/GBP when GBP/USD was the main driver. What I want to say: PA of GBP/USD is (also) driven strongly by other currencies,- at least currently. That is very seldom ...

Cable Update (GBPUSD)

I see your point. The problem I have with that is that my constant profit is not possible if I trade 4 hours - except I trade all currency pairs simoultaneously (probably 40 or more) - that's may be an alternative. I get too little signals on 4 ...

Cable Update (GBPUSD)

I have no position currently. Hope that helps. I want to eat a cake. (insider)

Cable Update (GBPUSD)

puhh... cable is really horrorful currently to trade as a scalper. Currently they use the "unload" technique - they use the time to unload some stuff before drop... Still short. May be now we see finally lower quotes. That's one of the advantages of ...

Cable Update (GBPUSD)

Yeah, I'm happy that I also trade USD/JPY for watching how GBP/USD behaves. I told yesterday already that since 3 weeks there is huge force moving GBP/USD so the retraces / backbounces are quite small and if market turns, it turns without looking ...

Cable Update (GBPUSD)

I think it will be 1.2310 target around - someone missed the train before, currently uptrend violation, that's why it goes up and down a bit. But it will break to downside, I'm quite sure. I wait, no trade yet. Let's see if the unusual swings ...

Cable Update (GBPUSD)

I traded today EUR/USD, USD/JPY and GBP/USD - simultaneously on scalping. What I can tell is, that GBP/USD behaves worst of all 3 currencies to my surprise. Extremes are always very short in time and it seems like "making" a market (so on the chart ...

Cable Update (GBPUSD)

Shall I quote my quote?? Now we head south again lol Long anyway 1.2430. Is there no volume? Look at 1.2445 till 1.2435, it just dropped through.

Cable Update (GBPUSD)

Omg... I get headache of these moves. Really? 50 pips up without any retrace after low? Wtf. Really pisses me off. I'm not in a loss but this is really difficult to trade. What an environment.

Cable Update (GBPUSD)

Hi Birdland, when I was going under water yesterday I thought the same already to that time. Has that gap to be closed? I never get it what is a real gap and what i a continuation gap, so where the market is NOT coming back. I'm only 1 avg. day ...

Cable Update (GBPUSD)

Datas were mixed, so difficult to keep up the pace for GBP/USD which resulted in the necesarry drop before new buyers hopp in. First level reached, 1.2430. Could go up from here again. From my experience we should see a bit more lower level's. I ...

Cable Update (GBPUSD)

Can have many reasons. But processes like you see currently are difficult to predict without watching the past 48 hours (sometimes longer). What I see is a strength at 1.2455 - the question is: what is that strength based on? Is it fake strength to ...

Cable Update (GBPUSD)

Update: What I see is market makers try to keep up GBP/USD but have big difficulties. There are just no buyers at that level yet. That is no miracle when you see the jump up yesterday. I'm still down 8 avg. trading days with my shorts and closed ...

Cable Update (GBPUSD)

Lol. I just realized, I talk to myself and call them mf also. Moty is in my brain now . The news today were USD bearish, for sure. But it was not the big suprise or anything, just in sync what was expected. I think they used it to ...

Cable Update (GBPUSD)

Stats: We hadn't such a move since september last year. So it is very special. If you lost 30% of your account today, that's normal. Market is complete crazy. I lost nothing yet but floating loss, around 1.2455, losing 40 avg. trading days currently ...

Cable Update (GBPUSD)

Any News? Cannot find anything.

Price Action Trading (PAT) - Amplifying Market Insights

Awesome, thanks a lot! I have to check that out. I was always wondering how quite a lot people could trade like that because smallest position would be 1 Lot. Now it makes sense, if you are able to trade 0.1 Lot or even 0.01 Lot (1000 Units) and the ...

Any broker with variable Commission(e.g. $3 -> $0.3) mini-lots?

You are afraid because you are not confident and you are not confident because market is just: crap. Movement is beyond moon, slow, no direction, boring. Hard to earn money that way.

Cable Update (GBPUSD)

Market: lots of V-Formations last days on every timeframe. I don't like that at all. I really would like to see the orderflow of these big (probably few) guys. Who always buy small down corrections (currently) and always sell small corrections up ...

Cable Update (GBPUSD)

I think Dr. Dave just wanted to know if I'm a gambler. No further details were discussed. He was just wondering why I picked long at 1.2265 on a hell of downtrend, not even confirmed 1 Minute trend up. Actions like that make him crazy. And even ...

Cable Update (GBPUSD)