Very likely since i closed out already... million dollar question Maso, many think we are following a similar pattern to 2010 wher we seen a fall from 1.63 area in January 2010 to 1.49 in mid march, a retrace to 1.54 and then a fall to 1.44 at the ...

Cable Update (GBPUSD)

Well, well first negative trade of the year from me. A result of not following my own rules (no shorts below 1.50). Closed off for a fairly large loss And the usual thing for me now will be to watch it fall like a brick again tomorrow and leave me ...

Cable Update (GBPUSD)

Interesting, suggests more bearish ahead. Got to agree, same with GBP. Today just a correction, still trending down IMO

EURUSD

still cant workout the reason for the spike? Without a reason i just see it falling back over the next few hrs

Cable Update (GBPUSD)

I think that is a fairly safe bet, still cant work out what has pushed the GBP This could generate the extra orders to test the lows again? Anyone else short from here?

Cable Update (GBPUSD)

So just woke up and WOW, so whats drivign the GBP? I see the numbers from the US were solid so im looking around for a reason for this ?

Cable Update (GBPUSD)

How frequently is this? It seems to be very often to me

EURUSD

Its just a matter of when and not if. Pound is doomed to go lower.

Cable Update (GBPUSD)

Hello Houston, Las Vegas here, and yes short too with similar TP

Cable Update (GBPUSD)

posted this on the GBPUSD thread but im curious if there is a similar trend with EU too? I have noticed that during Asian trading hours the market will move in a direction and then return to where it was when it began and sometimes go past the ...

EURUSD

I have noticed that during Asian trading hours the market will move in a direction and then return to where it was when it began and sometimes go past the opening price and back again. What im trying to say is that it seems a good time to trade for ...

Cable Update (GBPUSD)

I dont believe the pound has been over devalued. It has more down to come IMO

Cable Update (GBPUSD)

Me neither, just entered short from 1.4945 aiming for 1.4904

Cable Update (GBPUSD)

Popes generally avoid potentially sensitive statements. Their job is too bring people together, not start arguments or inflame situations. Agree with the UK bearish scenario though throughout 2013.

Cable Update (GBPUSD)

interesting analysis

EURUSD

This is true.... And .... Always see the glass as half full

EURUSD

On the upper right of my chart you will see my main descending trendline which has held accurately now for weeks. It is why i entered short (which i feel generally uncomfortable doing in the 1.49's ((psychologically worries me)).

Cable Update (GBPUSD)

Against my normal style but entered short with a stop at BE searching for 1.4904 No risk trade now so nothing to lose!

Cable Update (GBPUSD)

i agree a small short is a fairly safe bet from here but 80 pips before the news im not so sure. TP at 1.49 for 40 pips profit is a solid trade IMO. Then wait for news to make a fresh decision

Cable Update (GBPUSD)

Everything other than the RSI is saying strong sell. These patterns have been evident almost all the way down from 1.62. Not that i have the balls to go short! It just seems wrong to me psychologically to be entering shorts in the 1.40's, just ...

Cable Update (GBPUSD)