Unfortunately, there'll be quite a few accounts blown after today's move.

Cable Update (GBPUSD)

Couldn't agree with you more on that point. King's words and deed over the past few months have screamed for a weaker currency. Yes, today was a sweet, sweet move, the type of which don't come along that often, unfortunately. I'm doing good, thanks. ...

Cable Update (GBPUSD)

How are you doing today, FXlocal??? Knowing your immense feel for the market, I am sure you've been riding this down move. Cheers, Paul

Cable Update (GBPUSD)

As I said, retail flows are never the target for these guys. With the informational advantages they possess, at outlined in my previous post, they are far better placed to "read the tape", feel the market, and manage their risk accordingly, than any ...

Cable Update (GBPUSD)

Navin aka Mark Douglas II

Cable Update (GBPUSD)

The top houses have the advantage of knowing exactly where large order flows are situated. I'm not talking about relatively insignificant retail clients trade flows, but instead the largest institutional trades. These major interbank players are ...

Cable Update (GBPUSD)

Agreed, 100%. We're trading in a range with cable, 6110-6750, which obviously has to break eventually. In my mind, the combination of the unfolding fundamentals and deteriorating market sentiment towards sterling, makes a downside break of that ...

Cable Update (GBPUSD)

The so-called "big boys" (the likes of DB, UBS, Citi, BARC, GS, HSBA) could not give a shit about retail traders, of that there is no doubt, given the gigantial size of the FX market and the tiny proportion of that daily turnover comprising of ...

Cable Update (GBPUSD)

As 6110 is a serious support level, I would want to see a break (and close) below here to confirm completion of H&S.

Cable Update (GBPUSD)

I'm taking the piss.... cheers, Paul

Cable Update (GBPUSD)

Hahaha.... You know I'm kidding, mate.

Cable Update (GBPUSD)

We shouldn't get carried away, mate. I think this could be a big boy stop hunt and nothing more! THE TREND IS STILL UP!!

Cable Update (GBPUSD)

You doubled your account in one day? Brilliant money management.... In all seriousness, scale back on leverage, my friend. Otherwise, on a less fortunate day, you will blow your account.

Cable Update (GBPUSD)

But that was from a LAGGING chart, which are useless. At best, it was 52/48 - from yesterday's daily, and H4 - that we would see more selling today!

Cable Update (GBPUSD)

A close below 6400 on this current H4 candle, that closes in under two hours, will give a nice crisp signal.

Cable Update (GBPUSD)

It's frustrating when systems hit these inevitable sticky patches. For me, this is when there is the greatest temptation to reduce position size on my next signal or, even more dangerous, ignore the signal altogether. But, as you alluded to, we all ...

Steviet's Live Trades!

Peace.... It was just a little joke for the benefit of Azim and Chris. Nice to meet you, Jesper. All the very best, Paul

The WoRmHoLe

only trying to help you all!!!!!!!! i made 7 pips today!!!!! come over to my M1 thread when you want to get serious about trading!!!!! candles suck and H4 sucks. dont even get me started on funnymentals!

The WoRmHoLe

H4 SUCKS!!!!! — why are you all wasting your lives in here, talking about a LAGGING H4 charts!?!?!?!! by the time you've entered a position, we M1 traders (LIKE ME) have already extracted nearly 10 pips from the move with the help of averaging ...

The WoRmHoLe