Thanks buddy. No harm done. Never mind breaking even so long as I don't lose. Very strict with my stops. Preservation of capital is the most important aspect of trading for me. Flat now, waiting for some clear direction. trade deficit gap bigger ...

Cable Update (GBPUSD)

hmmm, stopped out at BE. looking for new entry.

Cable Update (GBPUSD)

SL moved to BE, bit premature but I figure DP should hold and if not I want out anyway. Anyone else feeling bullish on this today?

Cable Update (GBPUSD)

Asian markets rallying today, greece fears subsiding, parliament problems resolving. PA has broken through 200EMA. LONG cable at 4888, SL 4860, TP 15000.

Cable Update (GBPUSD)

Wise words. Thanks Wormy

Cable Update (GBPUSD)

Who grabbed a slice of that lovely little drop!

Cable Update (GBPUSD)

Meaning you'd rather place a large order for less pips, therefore aim for a better entry and less SL? Sounds good to me. 20 pips a day at 20 quid a pip would be nice.

Cable Update (GBPUSD)

I think the aim of any experienced trader should be to lower the SL required whilst maintaining your success ratio. For me that would mean lowering my SL to 20 pips whilst maintaining my 90% loss rate LMAO!!! back at 1.5. flat for now.

Cable Update (GBPUSD)

mmm, I shmell greeeeeen pips. Probably close my long at 5056, wait for a pull back before getting back into a long with TP 5250. I feel bullish this day!

Cable Update (GBPUSD)

I've got my eye on 5250, expect to see it move up to daily sloping resistance. Just took another long out at 5002. Wish I hadn't closed my long earlier but hey ho, that's the game!

Cable Update (GBPUSD)

Ha! Entry is indeed the key, however, when you don't have the Third Eye a wide stop loss helps

Cable Update (GBPUSD)

How big do you normally keep your SL? I used to put a 20 pip SL on and found I was often getting spiked out. Now I normally put a SL between 35-40 and getting more success.

Cable Update (GBPUSD)

Very nice prediction mate! Just took a cheeky 50 pips, that's my cash for the day. flat now for a while.

Cable Update (GBPUSD)

FSA needs to go! Made my life hell when I was a broker! CLEGG is likely to be DEPUTY PM! that's terrible! If anything happens to cameron, he will be PM and he came THIRD in the general election!

Cable Update (GBPUSD)

Damn right!

Cable Update (GBPUSD)

They still need to drag him kicking and screaming from no 10 yet, but any minute ...

Cable Update (GBPUSD)

HAHA, look at the MOB awaiting brown outside no 10. Baying for blood! I'm flat cable. Might be a spike up on announcement, but quite likely a drop because it's already factored in. Might be some surprises. Hmmm, just watching.

Cable Update (GBPUSD)

I'm thoroughly looking forward to seeing Gordon Brown slink off tonight

Cable Update (GBPUSD)

Pulled out of my long at 15000 with nice profit. Now awaiting a new entry. Does anyone think this will test DP again? Looking for a goof entry ...

Cable Update (GBPUSD)

patience is the key my friend! Go get them pips back

Cable Update (GBPUSD)