Cable has spent the week meandering in the 130 pip range from around 1.508 and 1.521. It has been a good week for me and most i would guess. As things start to set in i believe we are edging closer to make or break time when we will get an idea if ...

Cable Update (GBPUSD)

looks a good call, im hoping to get back under 1.51

Cable Update (GBPUSD)

Break suggests 1.523 next target

Cable Update (GBPUSD)

i would be more inclined to go short with a tight SL at 1.517 top of a descending line with no clear break yet

Cable Update (GBPUSD)

still struggling with this line im hoping it steps away from it to the south since i already exited

Cable Update (GBPUSD)

closed them, i still see more down before a rally commences will reload at around 1.51 good luck with your trading guys

Cable Update (GBPUSD)

Interesting time right here, testing the top of a descending trendline to hold or not to hold, that is the question?

Cable Update (GBPUSD)

still here bro, stalking, waiting, watching.... thinking that with the trouble we are having here at breaking the recent lows gives me more confidence in my long position... we will see. Fontu - Do you expect the start of march to signal another ...

Cable Update (GBPUSD)

still not low enough to signal a potential rally.

Cable Update (GBPUSD)

that bottomed at 1.5118 and i wouldnt think it would have been enough to give the strength needed to push us much higher than 1.52

Cable Update (GBPUSD)

i think the dollar index is primed for a reversal and this good news coming from the us is maybe the last hurrah to test the lows before hopefully gathering the strength to recover back to the mid 50's

Cable Update (GBPUSD)

yeah im one of those buyers, set pending orders at 1.514, 1.512, 1.51, .1.508 and 1.506 hooked two of them already and hoping for more.

Cable Update (GBPUSD)

lots of buyers i feel though at 1.505 through to 1.51

Cable Update (GBPUSD)

Solid US news may see this retest the lows again.

Cable Update (GBPUSD)

years of experience

Cable Update (GBPUSD)

To answer this original question posed by the title of the thread. In my opinion the short answer to this is no. The 'only' people that should trade forex are those that have so much money at their disposal they are already somewhat rich. For ...

Can you honestly earn a good living or even get rich through forex?

Serious commercial traders have been aware of the downgrade likelihood for some time. Its retail traders that tend to jump on news like this. Especially suspicious with the timing of the release.

Cable Update (GBPUSD)