60% of the move destroyed up in under 5 minutes. Have fun to clean your positions now. Greeting to your boss!

Cable Update (GBPUSD)

THAT IS WHAT YOU GET NOW. Closed everything with 3 day profit. Morons with their billions in pocket. How does it feel to lose some billions today? Cheers!

Cable Update (GBPUSD)

Ok, where do we stand today? Well, we had a 100 pip upmove without any retrace (not even 15 pips till now) and FOMC come in in 40 minutes which is an insane risk. If you would have told me that in the morning I would have laughed at you. Edit: I ...

Cable Update (GBPUSD)

Someone get cold feet now, I don't know why, hmmm... uuppsss... bought 1000 billions of GBP/USD on avg. of 1.2670's and FED today??? Oh shit... lol Let's sell some off before FED -> GBP/USD 1.2620

Cable Update (GBPUSD)

That's the problem if you only trade one pair. If both currencies are in a sh*tty mode, than you have a problem. That happened today on GBP/USD, USD/JPY for example was fine, I also earned money on USD/CHF. I'm still underwater 4 trading days ...

Cable Update (GBPUSD)

Hmmm... I cannot understand that buying behaviour. From trading perspective you dig yourself only more and more a hole. I'm not fine currenty with my positions but I start to handle it and if that GBP/USD drives down only a bit I can make party. The ...

Cable Update (GBPUSD)

When you watch carefully you can see the algorythms how it/its buys. Very nice lines up and extremely seldom turned off. Of course you can use it like that, if you have infinite money, but it's not really smart cause you could get lower quotes for ...

Cable Update (GBPUSD)

What I find very weird is the stallment of the moving. All day long. How can someone has so much money? It doen't matter on which level or where. This is the most insane move I've seen on GBP/USD for a very, very long time.

Cable Update (GBPUSD)

Do you have any stats to EUR/USD? I shorted at 10843 but close now at 1.08435. I think we are in an exreme, are we? I have not the stats currently so I closed again my short. Odd move but congrats who pyramided up today. On EUR/USD the move today ...

Cable Update (GBPUSD)

First aim 1.2770 around but not sure if that gets reached before FOMC. I think yes, but market is out of order, so I cannot help today.

Cable Update (GBPUSD)

Well, it is very difficult currently but these are the days you have to withstand through. Currently I have 3 day losses today. Last days were ok, no loss. Today it is completely crazy but that happens - once per year or even less. It's crazy ...

Cable Update (GBPUSD)

Puhh...PA really eats me up today. I really hope it changes soon, Ny open in 15 minutes... - I find EU Session is almost not worth to trade. May be with the trend somehow but there also lots of false signals and days like today or last week are ...

Cable Update (GBPUSD)

Yes, I learned that too.

Cable Update (GBPUSD)

I think that was a good decision. - Well, I think that already since one hour lol. Edit: I'm a bit underwater now but that is normal. Part of the system unfortunately. Currently two trading day loss. Let's see how it goes today. I wonder when I saw ...

Cable Update (GBPUSD)

I mentioned that yesterday already. Market is not on track, - even if Dr. Dave is saying it is - . If you have stats, you can see that sth. is out of normal order. And I explained that by getting out of that range we were in for long time so ...

Cable Update (GBPUSD)

That is a good choice. Counter trend can mean also with the trend on the long run. It is a retrace buy then, that's true. I use that also. Cheers.

Cable Update (GBPUSD)

It depends on your position and moneymanagement. Reversals are more profitable than continuation trading but it takes longer and you have to take a lot of hits before it reverses. That's why you should not trade like that on 4hr or higer timeframes. ...

Cable Update (GBPUSD)

Of course you can trade with them. The problem with that method is like in a snowball system: The last one who buys in a trend get the full amount of bullets. That means: You have to identify a trend early (of course if you trade on daily base you ...

Cable Update (GBPUSD)

LOL

Cable Update (GBPUSD)

isnt that the same in a way what I said? The difference to retailers is that the pros MAKE the trend by volume. It is a bit like poker. You suck the retailer in a position where they should think I can win now big and risk a lot. Pros see ...

Cable Update (GBPUSD)