Nearing earlier resistance @ 6592 cable. Dragon moving a bit faster. More short action. Looking for potential long. IF supports hold. Otherwise will contemplate shorts. I have been bullish cable for over a week now and do not like to trade against ...

Cable Update (GBPUSD)

Hello All, Seems a wrench has been thrown in the uptrend. However it may not be over. Some nice short action there. In an effort to not overtrade I have remained flat through this. Now looking for potential setup for tonight. Getting started a bit ...

Cable Update (GBPUSD)

I wish you all GREAT TRADING.

Cable Update (GBPUSD)

Night guys, NY may SELL. we will see. X- Updated

Cable Update (GBPUSD)

I only use stop or limit when I cannot watch the screen which is RARE. My favorite is trailing stop . THIS IS THE TIME. for me to TP

Cable Update (GBPUSD)

OH, and sorry, I KNOW I AM late. These are my postions: 8

Cable Update (GBPUSD)

Yes and yet again we BOUNCE off resistance.. IN my eyes and the eyes of my account the trend is UP... WHY WHY WHY continually place shorts? Short the scalping side. IF, you know how to, I do NOT suggest this AT ALL to any Noobs. If you must scalp. ...

Cable Update (GBPUSD)

We have STILL YET TO CROSS UNDER PRIOR DAILY LOWS on Cable. Be very wary of shorts. GOLD has now sustained a 100 $ USD gain as well as 1100 level, NO not 1000 - 1100 THAT IS HUGE. and other currencies breakout...... THIS SAYS EVERYTHING about the ...

Cable Update (GBPUSD)

Hey DBFX, Glad to have you posting, however I have to make a comment on your prior post of letting a trade go 500 pips Negative. If you are live and can afford to do that so be it. That is being married to a position in my eyes. You are smart. If ...

Cable Update (GBPUSD)

This is the typical LDN sell off only to begin buying on the upward trend that is clear.. I may be wrong... However, let the charts speak for them self. Plenty of short action. I will still be looking for longs. At a better rate. Just MY thought.

Cable Update (GBPUSD)

LOL!!! Well put MALCOMB! Yes, my goal here ultimately is Cable + 1.700 Fibre + 5100 give or take 50 pips. Dragon - 158.xx give take. Or Higher. may take time. I have read many pro bank traders are now anticipating buy/sell the day before, holding ...

Cable Update (GBPUSD)

Yes, UK is still "supposedly last to show signs of economic recovery" However, all the pro USD talk has turned into an ever so visible down trend. Gold Continues in the past two months to re- break the Record high. In retracement as a physical buy ...

Cable Update (GBPUSD)

TRUE!!! When I started all I wanted to do was scalp. I respect both scalping and longer term trades, multi day or all day. YES both are hard. I ultimately have fallen comfortable with a nice swing trade say 100 to 150 plus pips then for extra ...

Cable Update (GBPUSD)

Your analysis is invaluable and very detailed as always. Wormboy, thanks for your recent post- NO WAR. We have to focus on the matter at hand TRADING. I will say it again, The difference of opinion or rather "seeing" the charts is the key ...

Cable Update (GBPUSD)

Hi Wormboy! longs! I see! Hope you are well, (I am long cable and your dragon) G/L X- PS. Any thought on Kraft / Cadbury (takeover) bid?

The WoRmHoLe

Hi Wormboy, Thanks again for sharing these with us. I am flat since thursday. I have 2 very interesting trades running on a demo right now that I will not close as of yet. Will share upon exit. These are already a week old. In any case I think we ...

The WoRmHoLe

I noticed the same thing about the USD reflection, making this latest record somewhat suspect. Driven somewhat by the 200 MT buy, China has been loading up as well. The Indian buy was very public though. Much goes on behind the scenes. However. ...

Gold & USD (9-11-09)

As I have as well. There are many great people here. I will add that I am still not convinced of shorts. (depending on your t/f) My reasoning has been posted. I feel cable is poised for break this week in either direction depending on ...

Cable Update (GBPUSD)

Hello all MAE! The market is open! Can we let this be? and focus on the matter at hand.. A lot of you have great things to share and are wasting time squabbling. For what? Every one has their view and it is the difference of opinion or side taking ...

Cable Update (GBPUSD)

Hey WB, I agree. It is dangerous ATM. I was expecting the USD to fall a bit more in line with the last record breakout. I am a bit suspect of this and it will be interesting to see if it can maintain this just 1100 area w/o pullback. Since the push ...

Cable Update (GBPUSD)