Oh c'mon the fun is JUST starting!

Cable Update (GBPUSD)

All the while CABLE is creeping Up, back to reach 5500......

Cable Update (GBPUSD)

I still have a commodore 64 somewhere- with the disk drive and all! Don't forget the 128

Cable Update (GBPUSD)

Great Post — Jake - Thanks for adding this - truly insightful to read! THat is definitely something of concern for GBP. Yet, my faith in USD is equally lacking as we have our own issues...!...

The WoRmHoLe

No problem for the link. I may be able to dig up some more if you are interested. In any case- it goes something like this - simply put - A hung parliament increases pressure on GBP due to the political uncertainty it provides. However, much of the ...

The WoRmHoLe

Yes I understand, in that case was just reading this article and thought of reminding cable thread this election is of primary importance to trading GBP. (i have not done so yet) perhaps you have already! here it is Start:

The WoRmHoLe

Dragon? — Wormie (/DragonMaster!), Dragon looks like it may be a buy..? Waiting to see how this forms up. Not too long though. Only if it screams. Trying not to overtrade. (met daily goal) No positions still? X

The WoRmHoLe

CAD - Swissy & Cable - off topic but on. — CAD has been CRUSHING the USD... Pair is below parity with 1 USD buying only .9982 CAD. does anyone trade swissy? I enjoy this pair especially when shorting USD. It has a great inverse ...

Cable Update (GBPUSD)

Ahhh, yes certainly a nice flag there good trade. Thanks for posting the chart... I was getting caught up with my Gold charts. These patterns when caught nicely, can be extremely profitable. Although they are sometimes not as long term as the "stock ...

Cable Update (GBPUSD)

Cheesepie, Do you mean you went long? @ 5450? Confused.

Cable Update (GBPUSD)

May we see a chart of this view?

Cable Update (GBPUSD)

Hi Cheesepie, Welcome to FxFactory, If I can lend you a piece of friendly advice and one of my trading rules, Never "hope" in ForeX. Make a plan (as it seems you have) for each trade and stick to it. In the end, you will feel more confident either ...

Cable Update (GBPUSD)

Agreed.. I am always wary before LDN open. However It's too late for me.. on this last lot. I have done nicely going long cable so far tonight. If LDN sells off major - I will close and re-enter. Not riding the losers!

Cable Update (GBPUSD)

here is what — I am looking at... It may be a slow battle... But. I am trading the way MalcomB mentioned before. Small targets 30 - 40 pips at a time. Close then re-enter as I see fit/ due to choppy PA/ a nice entry is key to in and out.

Cable Update (GBPUSD)

I am eying up 5500. Obviously with the choppy trading in between...

Cable Update (GBPUSD)

Could be, but would you not look for the top of your channel to be tested first Kill? Before breakdown? I am just sitting down to some charts now.

Cable Update (GBPUSD)

Hey Everyone, Hope all traders had a restful weekend, I am thinking the sparks will be flying this week! X

Cable Update (GBPUSD)

I am-- If I lose I will know w/o much damage if I am right the trade may last a day or two

Cable Update (GBPUSD)

TGT or target is where you want to TP or Take Profit. exit trade. complete round turn

Cable Update (GBPUSD)

See this post the bottom RED line drawn (which is crude in this quick chart) is a Trend Line it supports and tops price action or PA usually creating a Channel which has a pivot or midpoint. go to url and here url to learn more! GL always ask ...

Cable Update (GBPUSD)