Just my opinion, but don't ever rely on another pair/commodity to bail you out of a trade gone wrong. Also, be very careful trading highly correlated markets. You might be risking a lot more than you realize. I used to trade multiple markets at ...

GBPNZD trading calls

Well, I'm not even in this pair. I am short GBPUSD and I entered prematurely as well. BUT I knew there was a chance that price would go against me at first, and I only risked half my max risk %. I am still waiting to add more after I can confidently ...

GBPNZD trading calls

Yeah, its not good to risk too much. I am a very aggressive trader, but you have to be safe about it or you WILL get burned eventually. Instead of going all in from the start, or adding to a loser, try starting out risking half of what you usually ...

GBPNZD trading calls

There are very high odds that this comes right the fuck back down very soon, IMO.

GBPNZD trading calls

Stay calm, man. I said 2.0770 should be a stop, but 1.0850 bid is actually safer. If that goes, well then just take the loss cause then your in a dangerous territory to be short. I think if you give it a little more space you'll be good.

GBPNZD trading calls

I think we're at another high.

Cable Update (GBPUSD)

Crazy PA in this pair lately. If 2.0770 isn't taken out, this might be a pair to hold on to for a while as there is potential for fall below 1.9000.

GBPNZD trading calls

Pretty good. I'm short cable right now. Got a bad entry price, but I think I'll do fine with it. Its all about r/r as you know. This pair (GBPNZD) is fucking WILD! Haha....the spread, though! The spread makes it even more dangerous to play with. Not ...

GBPNZD trading calls

Hey buddy, I'd wait to see if 2.0770 gets taken out. There is still a chance for a big fall as long as it reverses here. EDIT: 1.20770 BID

GBPNZD trading calls

Can't rule out a move past 1.5135 yet, but the spike BEFORE the massive sell-off on Friday (1.5225) should not be touched, IMO. All I know is that there is great potential for sell-off to 1.4350 and below. We might find buyers before then, and I'll ...

Cable Update (GBPUSD)

Yes, I think we are both sensing where the real power is. Well, I hope we are anyways. I think if 1.5225 gets tagged that whole idea goes out the window, but I don't see that happening.

Cable Update (GBPUSD)

I don't think we have much further to go before a big drop. We did get propped up pretty nicely, but the move has been very weak, IMO. There have been hints of strong sellers the whole way up. And then there's this. I notice when price reacts to ...

Cable Update (GBPUSD)

We got a few buyers down here, but I don't see anything heavy. I think we'll see further losses very soon. This move up from Sunday open looks weak. If 1.5000 breaks, I'll most likely double my position and put a stop at 1.5120 provided it is still ...

Cable Update (GBPUSD)

Shorts look good from here provided 2.0770 is not touched. Target 1.9656 for a 1:3 trade.

GBPNZD trading calls

Same exact thing I'm doing. I got 5 lots at 1.5059. Looking to double that once I feel confident enough to lower the stop price.

Cable Update (GBPUSD)

Good job, navk! Its an exciting pair right now, because up or down the move is almost assured to be big. If these are real buyers and we are in process of reversing, the move up will be HUGE. If we go much lower than where we are now, we'll break ...

Cable Update (GBPUSD)

No, it's not the worst trade. R/R is amazing. I just think its premature, but hell, maybe I'm the dumbass here!

Cable Update (GBPUSD)

And looks like we got some takers! Haha...well, we'll need more of that if this is going to turn. So far, that buy means nothing, IMO.

Cable Update (GBPUSD)

That's what market is telling me. We'll see. Should NOT go above 1.5230 if we do find some buyers down here before a break. If real buyers appeared, though unlikely, I reckon I'll be able to recognize it and get out of a short position long before ...

Cable Update (GBPUSD)

GBPJPY looking very bearish, while USDJPY looking very bullish. This can mean only one thing for GBPUSD.

Cable Update (GBPUSD)