I could be wrong, but be careful. She just fell again, trend seems to be still down. No significant retracement to speak of... edit: WOW!!! .600 breached!!!!!

Cable Update (GBPUSD)

I am still afraid of longs at this point as well. FX Lion do you trade for a bank? Also, I took your trade before and unfortunately exited too quickly!! Thanks for posting!

Cable Update (GBPUSD)

What happened? Did you take this?!

Cable Update (GBPUSD)

I am trying to get better acquainted with the longer term charts and trades.

Cable Update (GBPUSD)

I think confidence is an important part of being successful FX trader. While trying to make short term trades and scalp why I was losing more than winning. What I found was 2 things; 1. I was making counter trend trades thinking I would grab a small ...

Cable Update (GBPUSD)

WOW! Why not just look for small retracements then set up shorts? I suppose we could turn around here. The trend is down, I have gotten stuck 2 many times trying to scalp against the trend, then WHAM, breakout! (I think bbmac spoke about this ...

Cable Update (GBPUSD)

I experienced that when having a demo switched from standard to mini. Exactly that! On another note, glad I didn't long before. Looking to set up more shorts. Thought the retracement would have been greater. "fibre" just set new low!

Cable Update (GBPUSD)

Yes, I had read the same, thanks for adding the last part. Some of the minimums I've seen are between 250 and 500

Cable Update (GBPUSD)

nAVIN, how long did you demo for before going live? THANX!

Cable Update (GBPUSD)

Wow! 6100 toasted! Probably a lot of TPs there!

Cable Update (GBPUSD)

Damn! another new low! I just closed the short cable, for plus 210 pips! My best trade yet!

Cable Update (GBPUSD)

Hey Guys! HAHAH!! London is falling! Wormboy I thought you were short? Very happy I put this trade on last night! (short from 6359) How far will she go!?

Cable Update (GBPUSD)

Hey nAVIN & Tau, morning! ( or nite for me soon) Thanks, It is a pic of the "old school" Trans Atlantic "cable" that used to send prices back and forth from LDN to NYC! Crazy what they went through back then!

Cable Update (GBPUSD)

COOL! Wonderful to be able to connect with so many traders/personalities across the globe, just a click away!!! Yes, I will, It is. I had a small run with these markets before. About 10 pips on the way down. BUT, I shorted E/U along with cable once ...

Cable Update (GBPUSD)

In this post I have a map of the "cable" Take a look!

Why is GBPUSD called cable?

morning bro! 12:30 pm in NY. What time by you? Don't think I will make LDN tonite. Need 4 hours of sleep at least! you fellas have any thoughts on my recent post? (about different Spot price from different dealers, similar quotes) Thanks!

Cable Update (GBPUSD)

Sorry, this is a bit off topic. I comparing two web log in trading platforms right now . The spreads are pretty much the same, they are almost the same. One gaps a little more while the other is always 4 pips on cable. However the first platform A ...

Cable Update (GBPUSD)

I must say hanging out in here I have learned soo much, so thanks to you all. Today was especially good for me, (scalping) Tau Trader, your analysis is very helpful.

Cable Update (GBPUSD)

Did you hit it with another short?

Cable Update (GBPUSD)

Rather for a scalp, I will be short again, funny I just thought of your thread, while I took a 2 min break!

Cable Update (GBPUSD)