am happy when things play out

Cable Update (GBPUSD)

i dont see a long at the moment - maybe a shallow correction back to about 1.9530 or so .. but should start dropping again with EUR rate announcement - ECB is bound to remain hawkish - which will lead to EUR/GBP buying and eventually USD/GBP falling ...

Cable Update (GBPUSD)

look at what happened to NZD today - the bank left rates unchanged and yet NZD/USD fell almost 200 pips - thats the mood in the market now - most central banks were waiting for 6 months for this day to come - i.e. fed talking about the dollar value ...

Cable Update (GBPUSD)

guys going long .. amuse me .. oops sorry educate me ... the charts (and fundamentals) scream short on weekly, daily, 4 hourly - why would you still feel long - i mean a trend which has taken shape last few days - is it going to get over in the next ...

Cable Update (GBPUSD)

BOE has been known to suprise the markets - sometimes even shock - and considering this i am now believeing that they may cut a quater today - too many bad news last few weeks - agreed inflation is high - but they may want to follow what the fed did ...

Cable Update (GBPUSD)

Mate - fundamentals are not end-to-end defined like technicals - fundamentals is an understanding of economics and how they are applied in global markets. There is a LOT of correlation and understanding that is important too

Cable Update (GBPUSD)

After having traded (successfully) for 7 years - this is the first time i am reading anyone say Technicals come first - mate - maybe you are right if you trade off tick charts Fundaments create trends - technicals follow the trend and give you ...

Cable Update (GBPUSD)

Hi I trade 6 currency pairs and 4 commodities (some stock indices as well). Use fundamentals to figure out a medium term trend (last 1-6 weeks or longer). Use daily and and weekly Heikenashi charts to confirm the trend from a technical perspective ...

EURUSD

Friends have been trading for over 7 years now with consistent results .. Seriously the only thing i always like to advise (if my advise is at all needed) .. is to STOP news trading and scalping .. it wont work in the long run (not even in the ...

EURUSD

damn .. have no clue .. nothing on the news so far - i was 100 pips up - left the comp for 10 mins and come back to see my trade vanished at SL break even.

Aussie Pairs

I agree with your charts and analysis about 4150 support. However i believe that the bears have not really been able to take EUR down (look at GBP for comparision). I can see a equal triangle forming on the 4 hr but on the dailies there is a clear ...

Jacko's P&P Trend Trading Method

You may just want to think twice before doing that. On friday there was a major vanilla expiring at 1.4175 on the EUR/USD. If you look at the volumes you will see that EUR still has the potential to the upside. I have been long since 1.41 and still ...

Jacko's P&P Trend Trading Method

i am out of here - when this thread started - it was great seeing how people trade and their opinions. Now its just opinions about others with no real insight on trading. wish you guys all the best and merry pips. May the force be with you.

Cable Update (GBPUSD)

What you are saying makes complete sense - however (i feel) most traders here dont look at that large a time frame. Its a rule of economics - what goes up must come down. However how quickly or when cannot be predicted - if we look at the chart ...

Cable Update (GBPUSD)

first let the candle on a 1 hr and 4 hr chart close - see how much more momentum is left on pushing it forward and then look for a target to retrace

Cable Update (GBPUSD)

Clearly the bear trend has broken - atleast for now - i am not sure why you would want to short here - there could be a fall coming but let the ride up finish first. See the stregnth of the move on 1 hr and 4 hr charts.

Cable Update (GBPUSD)

thats pretty much the new standard these days - wait for an hour for the reaction to come through - Man o man - data is so screwed up and this was before the reate cut - pretty much says that Big Ben knew how bad it really is and he also knows how ...

Cable Update (GBPUSD)

you are quite right there - i will just open a standing short order rather than entering just yet

Cable Update (GBPUSD)

1.9800 will be next target if it breaks below 2.0100 - which it will - planning my short now - 1 hr, 4hr, daily - all point short - couple it up with fundamentals and you have a trade

Cable Update (GBPUSD)

if Cable drops below 2.0100 by 30 pips or so - look out for 1.9700 - vert strong trendline will be broken - it looks weak already - but cannot confirm a short as the data out of UK is positive.

Cable Update (GBPUSD)