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    • smikester replied Feb 12, 2020

      Thanks for the warning. They are stop loss positive and not all that valuable. If I close my shorts don't expect a bullish surge. Interesting, though. There might be a lot of big positions like mine closing soon...

      Cable Update (GBPUSD)
    • smikester replied Feb 12, 2020

      The sad thing about my bullish sentiment is that I still have some good shorts which have been running for some time. I hope you kind people will commiserate with me while I go and make a coffee and cry into it.

      Cable Update (GBPUSD)
    • smikester replied Feb 12, 2020

      The key to this break out will be the chart I posted previously, with a weekly level at (as shown). This pair's bullish tone is still quite resilient. We are still trading with December's range which formed the 2019 high. image

      Cable Update (GBPUSD)
    • smikester replied Feb 12, 2020

      Decent break out here. This looks as though it could go for a while. Why? Take a look at all the support levels and laborious testing and retesting. If it weren't so messy, I would call it a head and shoulders (inverted) but it is not. But it is ...

      Cable Update (GBPUSD)
    • smikester replied Feb 11, 2020

      You must be a very good trader to work with that information. The interbank market is what moves the market and they use profit (which is why we get trends and spreads) and fundamentals like the recent very good NFP and ADP numbers. Then look at ...

      EURUSD