Will this uTL give us the end of the short covering and get us back to 1.19763? 1.213 will be the key.

EURUSD

It takes guts to jump in front of a speeding train.

Cable Update (GBPUSD)

It makes a bit more sense in light of the context of surrounding posts discussing the fear of trading, on its own it does sound pretty harsh.

Cable Update (GBPUSD)

It was purely the London trying to bring the price back to the open.

Cable Update (GBPUSD)

Mine is not to wonder why, mine is to trade or die.

Cable Update (GBPUSD)

Most traders though sit there: Ah yes I am right. Feck it is going against me. Yeehaa I am right again. Feck only 6 pips, better put my SL at BE. Yippee up 12 it is doing its thing. Feck getting close to BE better fiddle with my stop. Darn now at ...

Cable Update (GBPUSD)

A little hint? Trade your plan on demo and on each trade close your platform and go do something else, don't let the PA scare you by staring at the screen.

Cable Update (GBPUSD)

Fibre and Cable running away from each other, the market is still thinking about Fitch's warning.

Cable Update (GBPUSD)

Here comes your L5 Kill

Cable Update (GBPUSD)

Artie Fear is big in trading. Plenty of traders that jump on a long bar of the M5 afraid that the price is moving without them and end up dozens of pips in the red for not using their trade plan. Plenty of traders let a loser run because they don't ...

Cable Update (GBPUSD)

Today was a fundy day with Fitch's warning about the UK

Cable Update (GBPUSD)

Don't know enough about cams, but don't you mean L5

Cable Update (GBPUSD)

4481 is the key for any longs to have validity.

Cable Update (GBPUSD)

Not just for a newbie, I have been doing this for so long that I have forgotten more then I have learned, and I still go back to basics from time to time.

Cable Update (GBPUSD)

All my charting is lined up for the London open, and London midnight.

Cable Update (GBPUSD)

Sometimes being flat and not in a trade is a trade in itself, capital preservation.

Cable Update (GBPUSD)

That is not a bad call in the grand scheme of things, H4 is still consolidating and 4562 is still in play here before a move South, just expect it to be an arduous corkscrew up. I do think that 4671 is bit overconfident though, we are still in a ...

Cable Update (GBPUSD)

It is a point that most traders don't realise, your datafeed must match your trading plan, especially concerning the daily bar and the H4 bar. My daily opens at London Midnight.

Cable Update (GBPUSD)

My H4 just opened I picked my broker for my charting so that the H4 corresponds with the London open.

Cable Update (GBPUSD)

I am with Bull-Bear on this one today, H4 is still forming a consolidation after that big drop earlier and we could well see 4562 into play today before a move further South. I am flat cable so far, just taking some shorts on fibre for the London ...

Cable Update (GBPUSD)