Don't worry, I think we'll get there. Slowly but surely. Remember that the big drivers of this market are big bangs and their traders who are very smart people and are continuously trying to take your money. so...be patient and wise . I know it's ...

Cable Update (GBPUSD)

Now we're talking

Cable Update (GBPUSD)

Hi guys, it looks like there is no stop to this upmove. Of course, bad data for GBP and it has to go up Go figure! I shorted right after the news ( gotta learn to keep my hands away from the keyboard at those times). so now...me so screwed ha!

Cable Update (GBPUSD)

Dpends on how daily candle closes. If we see further downside by the end of the day, then UK may take it down further. If it closes above 5832/4s then a doji would have been formed and we ll see up direction

Cable Update (GBPUSD)

The question becomes, what is a good shorting point? Another test ( a last one) on 1.60ish would be nice but i'm standing on the side for now.

Cable Update (GBPUSD)

CEBR predicts GBPUSD to fall to 1.40 url what do you guys think?

Cable Update (GBPUSD)

Ok Guys, have a great weekend. All positions are closed as I will not relive last weekend s stress and nightmare . This is an important level for GU 1.58ish, we could very well see a big break down to 1.53/54 if this keeps going like this. The ...

Cable Update (GBPUSD)

Simply because especially compared to EU and AU in the past couple of weeks, While the Pound was falling, they were gaining strenght. GU has still fallen way more than the others

Cable Update (GBPUSD)

Actually, i wouldn t call it chatroom but has any of you tried StockTwits? they have a great stocktwits Desktop app, and works for forex as well, it s interesting. Also smart people exchanging ideas just like here. But anyway i am on both, unless ...

Cable Update (GBPUSD)

Tau, I think we should all just start doing the exact opposite of what we think we should do. When you want to buy, sell instead and vice versa. This pair has driven me nuts this week. The range, the slow motion and all the non sense movment. ...

Cable Update (GBPUSD)

1.60 will easily be reachd prop tonight before rate decisions, but i think that will bethe last visit of 1.6x for a while. Down it shall go from there

Cable Update (GBPUSD)

You know, i never got your name. But everything is well thanks. So long this annoying pair makes up its mind up/down? I personally prefer DOWN. Last rate decision, it kept going down and down, which is unusual becasue normally it spikes up then ...

Cable Update (GBPUSD)

Head and shoulders?

Cable Update (GBPUSD)

I went short against my plan, then if popped it. I guess everyone is quiet because there is no real movement as of now. Since GBP rate decisions are coming out tomorrow, I am afraid PA will remain in this tight range 59.20-5859

Cable Update (GBPUSD)

Good morning guys, GU has been pretty quiet the today and relatively all week. Can't help but think a big move is around the corner. Hard to say in which direction, although I don't see any reason for it to shoot up again, although Gold is going ...

Cable Update (GBPUSD)

I jsut shorted. haha but of course, this pair is just...I don t even know why i went in. The 4h shows divergence, so good place to short but i m starting to doubt that

AUD/USD

I am happy to hear your account is healthy. Good trading and keep uot the good work

Cable Update (GBPUSD)

Thank you, I think my leverage is decent. I am definitely in for the long run, and quick big bucks aren't my motivation for now. Capital preservation, and good money/risk management are. Although, it is easy to keep wanting "just a little more", ...

Cable Update (GBPUSD)

You are right, major loss given that i had an open short since friday and my account size compared to leverage taken...well recipe for disater. It is all relative. but in the end, hadn t i gotten out, a margin call was inevitable

Cable Update (GBPUSD)

Good morning Guys, well i got out last night and took major loss, and now it s back where i had originally shorted. I love forex. I am not even upset because past 1.5858, another short will be in play. Good luck to all

Cable Update (GBPUSD)