Hey bro, good to see you. For me if i was holding that (and this is just my opinion) i would either close now @ 1.5895 or increase the TP as i feel that if this does pop 1.592 then we will see this trend continue much higher than 1.595. just my 2 ...

Cable Update (GBPUSD)

The thing that really bucked the trend was Draghi claiming to do whatever is necessary to save the Euro and telling everyone it is irreversible. He of course says that since it is his job. Irreversible or everyone will have to resign (which is ...

Cable Update (GBPUSD)

On a side note to this i will add that after looking at PA for the past few years it seems the average trend lasts for around 10 days? If so we are more than due some retracement at least soon.

Cable Update (GBPUSD)

For me Nav it is simply the fact that we are at a near 4 month high right now and i dont see any fundamental reason to suggest that the UK economy v the US is any better position than it was over the last 4 months. Certainly not almost 600 pips. I ...

Cable Update (GBPUSD)

i like your confidence Davit, if i had more free margin i might have added again, but i dont so i will just sit as i am. Hope this goes our way buddy.

Cable Update (GBPUSD)

attempted 1.59 a few times now (i count 4) hopefully thats all and sense will prevail and bring this down 100 pips, and with it my account up about 15%

Cable Update (GBPUSD)

on a more hopeful note it looks like a rejection occurred again. Or i am just as overly optimistic as Bloomberg.

Cable Update (GBPUSD)

Bloomberg reporting that Bernanke promised action? Must have been reading something different to me. Good old Bloomberg optimism, just love it.

Cable Update (GBPUSD)

How can draghi talking about buying bonds spike the Euro? If Bernanke talks like this then it would weaken the dollar, How come everything weakens the dollar when i am holding shorts? Not fair

Cable Update (GBPUSD)

Euro struggling with 1.26, cable struggling with 1.59 sweat running down the back of my legs, wife being moody, conflicting reports/consensus, back of legs tight from lack of exercise, eyes sore from the screen, lower back aches from leaning into ...

Cable Update (GBPUSD)

wow EuroUSD has gone pop, doesnt seem to have had the same effect on cable, yet

Cable Update (GBPUSD)

on one hand it looks like pressure is building at 1.59 due to my position i prefer to see this as a top forming. always look on the bright side of life.

Cable Update (GBPUSD)

still holding them damn shorts here. something got to give soon, hopefully not my bottle to keep the faith.

Cable Update (GBPUSD)

well thats 6.30am my time so im gonna go to bed early.... Sitting with sell trades on that might go negative if Draghi talks his usual way, will be back in time for this see you tomorrow guys, good luck

Cable Update (GBPUSD)

i think one of the first things to learn in trading is when not to trade. I know when i first started i felt like i needed to have something on the whole time. If in doubt, just stay out...

Cable Update (GBPUSD)

still holding shorts — Greetings all, Still holding from last week onto those shorts, feelings have not changed and following on from friday i see nothing to suggest i wont be able to trigger the profits on these at 1.58

Cable Update (GBPUSD)

London close will be interesting. i predict a riot.

Cable Update (GBPUSD)

I find it funny listening to the media talk about things, they try to find anything at all positive from anything to help drive their stocks. Like if someone says 'you have only two weeks to live' media, oh wow he said i have another whole two ...

Cable Update (GBPUSD)

if it go up some more it will trigger my top short at 1.59, which means more on the way back down, definitely been more fun than the last few weeks though, not been this excited since Draghi gave me a heart attack on my shorts back then.

Cable Update (GBPUSD)

Thanks TT, very appreciated. gonna go and tell my wife, she always finds it funny to see how excited i get about things. She dont understand

Cable Update (GBPUSD)