But FL is making a good point here, every 200 pip move on the daily does have 1,000's of tradeable pips within it. And that is the heart of this discussion, what TF do we trade on. Some here are longer time traders taking DD's that for daytraders ...

Cable Update (GBPUSD)

Yeah it means your broker wanted to take out some stops, XE still showing 50630 and Oanda 50648

Cable Update (GBPUSD)

What I am talking about is long term 3-9 months, and I think it is safe to say that your short will long be closed before then. It is significant though because it will give you a trend to look for and dips to buy giving you a greater probability on ...

Cable Update (GBPUSD)

Perfect, thanks. Look at that yield curve, you can see where the spread has tightened already, if that continues we have seen the low in Sterling. Now it is just a question of whether the BOE will try to manipulate that curve so that Sterling can ...

Cable Update (GBPUSD)

Another little hidden gem in the report: UK banks are at present exposed to three broad classes of risk: • market risk through a fundamental reappraisal of asset valuations, or a sustained reversal in investor sentiment, adversely affecting risk ...

Cable Update (GBPUSD)

The financial stability report issued today by the BOE makes for an interesting read: Visual summary Full report Highlights: Key risks to the UK financial system: • Counterparty risks among European banks that have direct exposures to countries ...

Cable Update (GBPUSD)

Price right now has already drifted back down to 50518

Cable Update (GBPUSD)

The short answer, No. There is still more room left to the top. However that said TY usually gives us a nice retrace after a move like this, so Sunday evening will tell. I am not going to predict the top here. I refrain from predicting tops. I just ...

Cable Update (GBPUSD)

It wasn't just me, loads of people here today talking through the long setup all the way to the top.

Cable Update (GBPUSD)

Great, I kept you out of a 60 pip mistake. And that's why I will continue to comment on trade calls I wholeheartedly disagree with, that's what this thread is all about. It is not about who is right or wrong, just a bunch of good guys and girls here ...

Cable Update (GBPUSD)

Oanda is showing 50773 already.

Cable Update (GBPUSD)

No buddy you didn't, you posted a counter trade at a ridiculous level and even when everybody here told you to reconsider you stated proudly you knew what you were doing, then you went on to invent a SL at BE and finally you were man enough to hone ...

Cable Update (GBPUSD)

Now we may get something here.

Cable Update (GBPUSD)

And here is your post from 1 1/2 hours ago.

Cable Update (GBPUSD)

PipVip, this is your post with your trade call, no SL mentioned here, nor in any other posts since. I do like your last post adding a SL at BE 2 1/2 hours after the fact.

Cable Update (GBPUSD)

Sorry, PipVip but running a trade down 60 pips is not a style that I would advocate. And I do comment on it, even if it is just to prevent someone else from making the same mistake in copying you. And let's be honest posting trade calls here invites ...

Cable Update (GBPUSD)

Don't apologise at all, I prefer you ask clarification rather then muddle on. A solid trend line like we had for the last 185 pip would need a solid confirmation of a reversal. A full bar below the support on M15 would be a good start of that ...

Cable Update (GBPUSD)

Here it is, I try really hard dropping hints, posting charts, even poking fun at guys at times. Short of trading your account for you, you do need to do a bit of work yourself. This TL has been in play since Monday and I have spoken about if for ...

Cable Update (GBPUSD)

No, I said I want to see a full bar below.

Cable Update (GBPUSD)

All still valid, no shorts yet. How many new members do we have for the smelly finger brigade? I never did understand the need for trying to predict the exact tops, who cares where it turns around as long as we jump in once the move is confirmed, ...

Cable Update (GBPUSD)