They got me also almost but last upmove I could exit with profit. Friday afternoon can always be a bit crazy. Now it is choppy, good for me to trade. News were bad for USD but since 8th of may it get interpreted positiv for USD if economy/price is ...

Cable Update (GBPUSD)

LOL, Revised Consumer Sentiment better than expected. Dollar down, opposite from last news interpretation. That's funny. I think market is unsure currently if better datas from USA are good or not good for dollar. So I will adapt to it also.

Cable Update (GBPUSD)

Depends on your order size. Smaller size, more likely to be executed. Better to split order. Had that on EUR/SEK in the night. My big one was not filled but a small one I forgot got (luckily) filled completely.

Cable Update (GBPUSD)

Your interpretation is new... before 8th of May dollar dropped on news like that. Since than it gets stronger. I'm not sure why so seen from 8th of may you are correct but before it was always bad for dollar because the inflation was not over (and ...

Cable Update (GBPUSD)

From chart perspektive we should get one more down leg to at least 1.23000, preferrebly to 1.2250 around and than up to new highs > 1.27. Small downtrend broken today. But has not to say so much. I wonder if people have enough already today, Vola is ...

Cable Update (GBPUSD)

Haha, same here. I unconscious reduced my entry positions to 33% lol. I don't trust the silence currently. Can drop fast too old lows or get to new highs (I think more likely but news interpretation seems difficult currently, market has another ...

Cable Update (GBPUSD)

Hmmm... I was wondering why USD got stronger. Here my interpretation of the numbers. The only reason for long in fundis I can see that durable good orders dropped to -0.2% so future like it is a good sign but the production is way too high. Personal ...

Cable Update (GBPUSD)

verrrry slow movement now. I go to sleep. I have an open position. I think I close it anyway. Hope for more in one hour.

Cable Update (GBPUSD)

One last word: I think what makes trading so difficult is the different PA's a currency can have and it shifts very fast. For example yesterday and today. If you are good at a simulator where you can just elapse time it is much more easy but ...

Cable Update (GBPUSD)

I cannot believe that we really got here. I have to study this stuff more, aims of the day etc.

Cable Update (GBPUSD)

Current move is REALLY weird...scraping on the daily low. Very unusual. I closed my long with -3 Pips now. If you don't know or experience something weird: Get out of the market. This hint I can give you. I think we will move up again 10-15 pips but ...

Cable Update (GBPUSD)

To calm down a bit: What I see currently is that almost every currency is driven by the USD. The current strength does not let any big chops coming up, making it very easy for trend trader. Bad for me. Just let the currency go a bit, let'S say 20 ...

Cable Update (GBPUSD)

Not always. Currently market is fearing more rate hikes. All indications of growing economy / price lifting is putting more pressure on the fed and more pain for the companies so less profit and money is leaving US. Today's numbers were strong so ...

Cable Update (GBPUSD)

Numbers are good, so bad for USD, interesting that it's raising. The numbers on 2nd look are good for USD, may be that is the reason why it gets stronger. The numbers are economy drivers, not price stuff directly. But anyway, more interest rate ...

Cable Update (GBPUSD)

Closed, 1.23705 manualy. ~7 pips in 4 minutes. Finally. Thanks for sharing Dr.Dave. Unfortunately less retrace today.

Cable Update (GBPUSD)

Short at 1.23778, TP 8 pips. cheers

Cable Update (GBPUSD)

Nothing personally. It's just annoying me if market goes like that today. Opposite is to trade stocks on NYSE open. But this is again too stressy, lol.

Cable Update (GBPUSD)

Grabbed some. I don't dare to go long now, don't like to get roller coaster down again. Market looks ugly and bored. I stay away, let's see in one hour if it gets better.

Cable Update (GBPUSD)

Yeah, you are trend traders, it's easy today till now, one nice swing up and down. Yesterday was crap for you. For me it is too slow. Very boring. But that's part of the game. cheers.

Cable Update (GBPUSD)

Anybody earned money today already? Crappy market again today, yesterday was nice. Someone said it feels a bit like everybody is on holiday (was EUR/USD). Really slow market. Easy for trend trader.

Cable Update (GBPUSD)