I know. — I should have waited another hour then my "magic" would have happened. Never mind.

:: Cable (GBPUSD) Trend Trading ::

Buy Limit. #13. Opened. — Last 1.9803. IMO it may also drop to catch the other one at 1.9755. Not too bothered if it doesn't on this occasion. 5 long now at 4 pips each. Last 1.9801.

:: Cable (GBPUSD) Trend Trading ::

More. — I feel for you. Generally, when the average house price gets to 5 or more past the average salary we have a correction. We've passed that ages ago. The only thing that is keeping the wheels from falling off now in the UK housing market ...

Cable Update (GBPUSD)

UK Mortgages are still great value. — If you remember 1989. Interest rates went up from 11% to 15% in a few months. I lost 30% of the equity in properties I owned virtually overnight in the UK when the market slumped. Many suffered negative ...

Cable Update (GBPUSD)

Glad you're doing well. — Everything good comes to those who wait.

:: Cable (GBPUSD) Trend Trading ::

Another? — Is bet on markets with a com.Been around several years and regulated.

Calling UK traders

Yes cesarnc. — Just a good job we're doing ok again this week. You closed any longs you had from last week yet? The ones we were in the shit on?

:: Cable (GBPUSD) Trend Trading ::

Thanks PF. — Just needed it to go a bit lower - 1.9797 was in sight - to scoop up another Buy Limit and that would have been magic. It was only another 10 drop and, IMO, I couldn't have wanted better! C'est la vie.

:: Cable (GBPUSD) Trend Trading ::

Could be fun. — A large UK bank is raising its UK rate forecast, expects a hike to 5.75% in July.

:: Cable (GBPUSD) Trend Trading ::

Hi Vantage. — Thanks. Will do.

:: Cable (GBPUSD) Trend Trading ::

Sell Limit. #14. Opened. — Last 1.9823. Exited 4 lots for 160 pips and SL moved to break even for las lot to Profit Lock. TP not hit yet - low was 1.9807 a couple of hours ago. Buy limits remain outstanding.

:: Cable (GBPUSD) Trend Trading ::

I'll leave them to cook. — And catch you later. Off to the airport and back in about six hours. Have a great day everyone.

:: Cable (GBPUSD) Trend Trading ::

Buy Limit. #12. Still waiting to open. — Last 1.9851.

:: Cable (GBPUSD) Trend Trading ::

New Sell Limit. #14. — 1.9863 SL 1.9893 TP 1.9803. Last 1.9848.

:: Cable (GBPUSD) Trend Trading ::

New Buy Limit. #13. — 1.9797 SL 1.9697 TP 1.9997 . Last 1.9853.

:: Cable (GBPUSD) Trend Trading ::

Hi guys - great to see you. — And you have a great day Navigator. And great first post here ShowMeThePips. Thanks for your thoughts. A bit of consolidation first, perhaps?

:: Cable (GBPUSD) Trend Trading ::

Exited outstanding longs #3 and #10. — 3 and 1 lot respectively for 108 and 101 pips each trade. Last 1.9851. I anticipate going long again in my morning. 1.9873 resistance area should allow a consolidation. Still a Buy Limit waiting. image

:: Cable (GBPUSD) Trend Trading ::

Why post? — I was suggesting that to trade the news is a gamble. Really agreeing with the post above in answer to el_duende's question above. IMO by the time the numbers are released generally many have already acted on information as to what ...

Cable Update (GBPUSD)

Only my opinion as always. — Make of it what you will SunTrader. You're in the disagree with Why camp - join the majority here. Sir, have a great day. :

Cable Update (GBPUSD)

Buy Limit. #10. — I'm going again - just a bit of money management here. You too Howard.Moved SL to 1.9790 to Profit Lock another 40 pips. Last 1.9855. 105 open long pips on this trade. Really gone now. A few beers are calling.

:: Cable (GBPUSD) Trend Trading ::