I don't see any sign of reversal yet, but you are right, it is due a drop.. but when??

Cable Update (GBPUSD)

Possible Entry — Hi Guys I am looking for some help with a possible entry to this pair.. I am fairly new to Forex and I can see that there is definately an up trend and heading for 130 maybe even 131 but I can't see when is a good time to ...

Daily EUR/JPY analysis

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NZDUSD Discussion

Hi.. I entered a trade for NZD/UDS at 0.5284 Long and I have now moved my stop up to breakeven. I know there is a support at it's current level of 0.5441 I was wondering if I should close the trade.. or leave it open to the next support point at ...

NZDUSD Discussion

The 30min trend tends to follow a bull but coming to the critical resistance as encountered all this morning at 1.4039.. if this candle opens above that resistance then we may see further rises.. if it closes below. then the rise could be rejected ...

Cable Update (GBPUSD)

According to the 10min ADX signal that we have lost the trend and the BB have narrowed. I'm going to play the BB range with a tight loss and a high job lot.. Lets hope this works out. I'll just bounce of from high to low.. then from low to high.. ...

Cable Update (GBPUSD)

I've decided to straddle this.. with a limit order on each side.. LONG.. from 1.40704 SHORT from 1.40026 with tight stops.. I know these sometimes can be prone to whiplash but once one is entered.. the other is cancelled.. and hence the tight stops ...

Cable Update (GBPUSD)

Its interesting seeing the views here.. it is about 50/50 where some say LONG.. others say SHORT... its got me all confused. LoL

Cable Update (GBPUSD)

On my daily chart I received a BUY signal from the Parabolic SAR. I know the Parabolic SAR signal is not always a 100% but as you can see from the chart that the last 3 times a signal like that has appeared we can see that there was much bull action ...

Cable Update (GBPUSD)

Ouch.. I just closed a SHORT trade.. -88 pips. I'll have to see if I can claw these back from cable somehow today.

Cable Update (GBPUSD)

i'll wait for the MACD to cross before making a rash decision like that wormboy... been stung one too many times by impulse decisions.

Cable Update (GBPUSD)

The GBP is getting a lot of its steam due to the GBP/CHF too as the Swiss Bank announced a rate cut and it looks like they are selling the CHF to buy GBP.

Cable Update (GBPUSD)

A classic case of a bullish divergence that I failed to see at 14:30 GMT shown on the chart below.. the 15 minute candles made new lows.. but the MACD failed to do so.. Ah well.. I know for next time.. LOOK for MACD divergence It looks like the 15 ...

Cable Update (GBPUSD)

Hi popland. I use Bollinger on the 1H when there is no clear direction and the bands are very narrow.. and when the price is outside of the band.. i buy/sell.. Beware though, when the price starts to develop a trend then BB is no longer useful, so ...

Cable Update (GBPUSD)

While the GBP is getting weaker with the USD.. its having a whale of a time with the CHF... check out the chart..

Cable Update (GBPUSD)

Welcome aboard TradingWheels.. I have actually seen your name as one of the peeps tracking this thread.. I and I wish you the best of luck

Cable Update (GBPUSD)

i've put an order in to go long again from 1.38 as there seems to be a resistance/support from pivot lines

Cable Update (GBPUSD)

I took profit at 809.1 too at a +44.1 for today, looking to short.. but not sure when to get in.

Cable Update (GBPUSD)

what is your bottom Biax.. I can't seem to see one lower than that.. it seems to have retraced exactly at the fib.

Cable Update (GBPUSD)

whats happening to this pair.. it looks like it has plummetted

Daily EUR/JPY analysis