Anything is possible....just think casinos. If you have a big enough account and identify a weekly or daily trend (which Guz might have), you minimize your losses over time. On the other hand, if you day trade and have a daily target of 10-20 pips ...

Cable Update (GBPUSD)

Resistance will hopefully become support at 1.30. We'll see.

Cable Update (GBPUSD)

Hey Guz, safe travels over there. Nice weather but watch out for pickpockets especially in the big cities.

Cable Update (GBPUSD)

Knock it off, all of you. You're all correct, and you're all incorrect. What matters is that you haven't blown up your accounts (which I don't really care). Just focus on trading this pair and leave your egos outside the thread.

Cable Update (GBPUSD)

Sajid Javid quits being Chancellor Exchequer....

Cable Update (GBPUSD)

Where's HUNTER? Where's Harry and Megan??

Cable Update (GBPUSD)

This is just crazy.....my short profit 40 pips are being EATEN ALIVE!!

Cable Update (GBPUSD)

Guz, what's happening tomorrow? The CPIs?

Cable Update (GBPUSD)

I just need this to drop to the DPP 1.2939 to get my daily 30+ pips!!

Cable Update (GBPUSD)

1.2938 then up to 1.3012.....

Cable Update (GBPUSD)

The SOB broke that resistance line.....either it will keep going up by today-tomorrow or might fake out.

Cable Update (GBPUSD)

Not there yet......sell limit at 1.2955.

Cable Update (GBPUSD)

They keep buying so you can keep selling.....it's a zero sum game.

Cable Update (GBPUSD)

No worries. It was getting close around 1.296 earlier. This will probably go up to 1.2915 then down Sunday evening.... Have a good weekend!

Cable Update (GBPUSD)

Better not write anything at all.

Cable Update (GBPUSD)

Wave 3 is wave 3.......

Cable Update (GBPUSD)

Looked like a double bottom at 1.29395 (with a little slippage).....we'll see since it's not over yet.

Cable Update (GBPUSD)

This is going to be ugly for a lot of traders.....

Cable Update (GBPUSD)