Nice entry.....I missed both yours and the lower high 10 minutes later....hope you get plenty of pips :-)

Cable Update (GBPUSD)

Hey PIP...sorry for your loss, but why are you holding open positions through a news event if you`re not going to watch it like a hawk and be prepared to close immediatly? Its either that, stay out OR have a wide stop and plenty of capital. News ...

Cable Update (GBPUSD)

First they spike it up 12 pips....triggers longs....then they take it down 30 pips....the longs panic and sell, as do the guys who had stops under the market...so finally it goes up 45 pips and takes out all the shorts.....loads of cash in the bank ...

Cable Update (GBPUSD)

The failure just after the London Open to follow on up set up a nice short, down to the 5:30 low, which was only 8 pips under the 5:05 low. Now at 6:43 its just turned at 9626, so I´m flat for now. Cable´and GBPJPY have been moving together again ...

Cable Update (GBPUSD)

hey leelee...thanks for some nice quick posts and great trading. Good to see someone other than Cesnarc posting their trades in real time and helping us all to get on with making pips, hope this trade works for you....with Europe finished for the ...

Cable Update (GBPUSD)

Perhaps we might all remember that the title of this thread - as stated in the header above is "Cable Update (GBPUSD)"....IMO that makes the subject of gkumar´s question self evident and and one that is unworthy of an acerbic response.

Cable Update (GBPUSD)

The same thing happened over a year ago, some Iranian hotheads kidnapped a couple of boat loads of Brits on patrol. Kept them a couple of weeks, treated them well and then returned them unharmed. However, they kept the boats - fast patrol launches ...

Cable Update (GBPUSD)

LOL down 40 pips in a couple of minutes....someone likes the dollar.....if it was just cable it could have been HC loading up with another billion shorts!

Cable Update (GBPUSD)

A great book, I guess that we´ll have to wait until you´ve completed your "20 trades" - P196 and on - for your return! I´m also burning the midnight oil after a couple of loosers - lol, I better start taking more note of what Cesarnc´s doing!

Cable Update (GBPUSD)

I believe Japan had a holiday

Daily GBP/JPY analysis

Nice trade...I sold at 9630, but got out before the BOE news....7/2 would have been +ve and 8/1 was a surprise. Will cable now be able to get above todays high of 9652 and make the extra 19 pips to its 100% retrace of the last big fall at 9671? It ...

Daily Cable Analysis

GBP at 7am after UK CPI — Has the 110 pip spike up following the UK CPI data completed an ABC correction OR has it started a new move up? IF it has started a new move up, here´s a possible wave count - in blue. We´ll see what the market ...

Daily Cable Analysis

I would also suggest that every day you look at the Daily Calendar on this site and check for the upcoming News Releases....if you have a Red one that might effect the pair that you´re trading, I would consider exiting or reducing any open positions ...

New to Forex: Need Advice

Sorry...I hit Submit instead of Preview....lol....should read..... "following forex before trading live"

New to Forex: Need Advice

Hi Adelbi - I´m fairly new to forex too, but I have traded futures for more than 15 years. I then spent a year following fores before trading love. I would suggest that you try to keep your charts as simple as possible - dont become an indicator ...

New to Forex: Need Advice

Another typo....935 should read 9535...lol at 935 cable´d be leading the Euro.

Daily Cable Analysis

I think that the rally today has been largely driven by the Euro, which is now only 30 pips under its December high. Cable is 400 pips under its January high and the $yen 150 above its equivalent low, with the Swiss 200 above. To me, looking at the ...

Daily Cable Analysis

Yeah, cable´s broken with the Yen and back to moving with Euro. Two minutes after my last post it started another rally....21 minutes up to a new high at 9475....so looks like the W 3s are very much in play. Got some pips there, now waiting to see ...

Daily Cable Analysis

Woops....I plugged an incorrect number into my calculator....Green W 3 targets are now correct. High is now 9441, but there was no follow through and gbp/jpy is 300 pips under its Monday high, so not supporting a continued rally in cable....IMO.

Daily Cable Analysis

Friday LO — Here´s what I have off a 4 hour chart just after London Open this morning. Strong resistance at Monday´s high / 50% retrace. IF broken, turquoise W3 targets would come into play. Green W3 off 30 min would be met first, allowing for ...

Daily Cable Analysis