Every five years, I trade the elections through the night, only taking a break after NY close until 0100-0200. This year is going to be a good trading night with the Gilt markets open through the night. Every Labour win so far has seen Cable drop ...

Cable Update (GBPUSD)

I have never been a fan and have never traded directly of an MT4 platform, too much latency, no matter which broker you use. The infrastructure of MT4 will never favour the retail trader. I use MT4 for charting only and use different platforms for ...

Cable Update (GBPUSD)

The conservatives are known here as the Tories, so that's David Cameron.

Cable Update (GBPUSD)

The tories are leading, but the lead is not large enough for an overall majority. Polling stations are open until 10pm London time and the results come in in dribs and drabs overnight, starting right after the poll stations close, the smaller ...

Cable Update (GBPUSD)

Lots of support buying at the yearly low.

Cable Update (GBPUSD)

Exactly 50 fib is a good line in the sand always. I am waiting too for the retrace on both Fibre and Cable to give me some direction, did take a long on fibre earlier and am watching the PA carefully now for a decision. We have London close in 30 so ...

Cable Update (GBPUSD)

51516 area is key here, Any long contrarians will do well, shorting here is just tempting faith. Yes the intraday trend is still down, I am just waiting for this retrace to finish.

Cable Update (GBPUSD)

BBC just reported protesters firebombed a bank in Athens, 3 people killed in the bank.

Cable Update (GBPUSD)

Kuthan, You can do no wrong studying Magix's thread well, trading Cable with MA's are the very basic building blocks of a Cable trading strategy. MA's have been in my toolbox for donkey's years (even though I use different ones than Magix) and a ...

Cable Update (GBPUSD)

But the proof is in the pudding, you took 3 trades and you are up 12 pips, most of us went short this morning and are up 100+, I never did see sense in trading the intraday countertrend wishing for a reversal, but that's my 2 cents. This one is ...

Cable Update (GBPUSD)

Not looking good on this one though

Cable Update (GBPUSD)

At least you are consistent, would it not have been easier just to ride the 80+ pips down once? Instead of countertrading little retraces?

Cable Update (GBPUSD)

Isn't this the 3rd or 4th time you are taking longs today? Donkey and stone come to mind.

Cable Update (GBPUSD)

Ouch, no slowing down this puppy. Fibre still in retrace, FTSE retracing, she is on her own.

Cable Update (GBPUSD)

Cable touching down on last weeks low, am taking my profit of the table. Awaiting clear direction, stocking up on beer and adding some air to the Lilo, may get a bigger one... Cable down 136.5 pips, just about a perfect daily range. Fibre is ...

Cable Update (GBPUSD)

Dow went straight through the psych level without a blink, next support 10961

Cable Update (GBPUSD)

I am still anticipating 5120 before a retrace, keeping a close eye on the PA from here on. Fibre has tried 3 retraces to no avail.

Cable Update (GBPUSD)

A hung parliament with no clear coalition but voting consessions will mean indecision: cable down, a coalition with Tory and the Lib dems means consessions: cable down, a coalition with Tory and the Unionist: good for business, the deficit will be ...

Cable Update (GBPUSD)

No, blew again this morning, 6 earthquakes in quick succession

Cable Update (GBPUSD)

Guess 20 minutes is old news

Cable Update (GBPUSD)