Firstly, well done Gabriel for spending time checking on the well-being of another poster. Also, great post DT. It's always good to hear about the journey of another trader. However, I really think that Topstyles should completely forget about ...

Cable Update (GBPUSD)

yes, both are ferking costly, that's for sure....

Cable Update (GBPUSD)

Fair enough, if it's banter. I just get tired of b/s posts (of which yours is not one), boasting of always winning, without fail, a certain number of pips a week. And I also get annoyed reading posters berating others for losing. There ...

Cable Update (GBPUSD)

Those "I told you so, I told you so" type posts really exude class, eh Azim?

Cable Update (GBPUSD)

Whether the BOE would change the Bank Rate was not in question this month or last. See my post from earlier today, which may help explain the move in Cable witnessed today post the MPC decision. url

Cable Update (GBPUSD)

If your post is serious, then you will leave behind far greater pain in the world through ending your life, from your family's awful suffering, than you are enduring now from a few thousand dollar loss. I've lost someone very close to me earlier ...

Cable Update (GBPUSD)

Hey Navin, Prior to the BOE announcement, the market was pricing a roughly 30% chance of a change being made to either the QE programme or the rate of interest that the BOE pays to commercial banks on reserves that are lodged with them. Now, as we ...

Cable Update (GBPUSD)

Well, Chris, now it's continuous payback time for the both of us, when we get reimbursed, many times over, our membership fee paid to FX Road Rash, the club we never intended to join.

Cable Update (GBPUSD)

Me long since break of 6450 (sorry WB), even though I lack real conviction for being this side of the trade, so I'm trading with caution, targeting smaller gains than usual. An hourly close below 6440 will cause me to close longs and sit on the ...

Cable Update (GBPUSD)

Me too, Chris. Unfortunately, I learnt it the expensive way in my first few months of live trading FX. Since then, I'm doing my utmost to extract payback again and again, with lots of added interest, from my broker!

Cable Update (GBPUSD)

hahaha.....

Cable Update (GBPUSD)

No worries, mate. I was not having a go at you, but merely pointing out the fact that you will ultimately blow your account trading with high leverage and no s/l, of that there is absolutely no doubt. In fact, I would go long on that possibility ...

Cable Update (GBPUSD)

He definitely won't last in FX. It just a matter of when he finally blows his account, not if. JamesCZ, listen to this advice and start afresh today, with pre-defined s/l for every trade and more respect for the use of leverage.

Cable Update (GBPUSD)

Hi Navin, There are rumours doing the rounds that, in a bid to stimulate credit to the wider economy, the BOE is going to introduce negative interest rates for reserves that commercial banks hold with them. The amount of reserves held with the BOE ...

Cable Update (GBPUSD)

Part and parcel in this business, Navin. But thanks mate. Best of luck to you also.

Cable Update (GBPUSD)

2be - Delta question — Hi 2be What's your take from a delta perspective? Are you in agreement with JohnG and Cmellon? Cheers, Paul

Cable Update (GBPUSD)

AMS, But yields on 2y gilts are at a record low. This maturity best reflects the path of the Bank Rate. The fixed income market is actually expecting the UK to be the last major economy to embark on monetary tightening. This is evidenced by the Fed ...

Cable Update (GBPUSD)

Well said!

Cable Update (GBPUSD)

That's very true, actually. I have rarely, if ever, seen multi-day, or longer, trends in FX. 3 more minutes to go...

Cable Update (GBPUSD)

Same as me!

Cable Update (GBPUSD)