Back to school for you. Must do better

Cable Update (GBPUSD)

Top of the class for you!

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That is just too much of a sensible suggestion!! It'll never work! Now, where is the Prof

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A very informative post.

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Good advice, apart from the bit about going back to demo account. Trading with demo prevents you from learning to conquer the emotional side of trading. I would advise trading micro lots, and stick with these until you are consistent over a period ...

Cable Update (GBPUSD)

was the 0.91412 quote their bid, mid or offer?

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Not in trade at moment, friend. Concentratng on equities this week, until clearer signal for Cable or EURGBP emerges. Well done on your pips.

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Better reasons to short individual banks. "I would imagine" - not a good trading strategy, friend. Even if you knew which bank, there is no way of knowing for certain whether it's an unwinding of long position, or a fresh short position, for a ...

Cable Update (GBPUSD)

Great to have you back, Prof!

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Agree with you on that one, friend. I'm waiting at the sidelines for now.

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Nothing but warmth from me to fellow posters on this thread. We should always attempt to work as a team on this thread, with each bringing their own analysis, critique or market comment. However, a bit of banter is also good.

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Come on, friend. It was a light-hearted comment, far from being anything obscene or personal against you. Settle down and don't be so prissy. Peace

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Custard Creams and milky tea is my comfort when watching a stressful position.

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There's always surgery, friend, which can fix this little problem of yours.

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Excellent post, friend! Yes, I think that the nationalisation of large parts of the banking sector is now looking inevitable, in the UK, eurozone and the US. This will be a creeping, gradual procedure, as anything more decisive would scare the hell ...

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Good point. Well, at least you were able to unwind some of your assets.

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Hi Vourvoul, I think it's far more to do with the sentiment change, albeit a temporary one, towards the banking sector, brought about through a combination of the bad bank plan and greater disclosure from Barclays. The talk of middle eastern money ...

Cable Update (GBPUSD)

Morning EO, Cable is being well supported from the surge in UK banking stocks, which has seen Barclays and Lloyds rising 21% and 42% on the day, respectively. Just as the uncertainty surrounding the UK banking sector was the main driver behind the ...

Cable Update (GBPUSD)

Well, let's be honest here, your experience has been of little or no use and hasn't taught you the most basic lessons. Going forward, you have to completely overhaul your trading style, otherwise you will not last. That's the harsh but true reality. ...

Cable Update (GBPUSD)

Well said! Attempting to win back the losses with a speculative 500k lot (5 times the original size) is sheer stupidity - it may work out once, or even twice, but this approach will finish your account some day, of that there is no doubt. I am not ...

Cable Update (GBPUSD)