Actually if we get an hourly close above that number, a strong close, I would consider that to be very bullish, and I'm guessing a lot of weak shorts would close, which would cause the run of 200 pips you mentioned. That daily open number is often a ...

Cable Update (GBPUSD)

Hey Tsar! 1.2635 is also the weekly low of 4th June, so quite important. I'm learning all the time...

Cable Update (GBPUSD)

Good for you Ill-b-back. I liked this chart. Probably some good support around 1.24 in a week or two?

Cable Update (GBPUSD)

Seriously, though, looks worth a short trade now, off the open price.

Cable Update (GBPUSD)

Don't be ridiculous. Go long then if you know all about option expiries. Here's a link that may help you. I just don't think long is a good call in such a strong down trend and little room for manouvre by the Bank of England However, if you think ...

Cable Update (GBPUSD)

Imagine the disappointment: image Consider our bluff called. Call me a remoaner if you like, but this government is now in a mess. Even the DUP don't want to get their hands dirty. Mark Carney: that the Bank of England had issued ‘an emergency ...

Cable Update (GBPUSD)

I know that can happen. But let me give you a tip. Trade away from the open - today 1.2630, especially if that is the trend.

Cable Update (GBPUSD)

Pleased everything is going so well for you and your PAMM account customers. Pretty good track record so far...

Cable Update (GBPUSD)

Let me know why? Yesterday's low was 1.26. We just broke through that and closed on the hourly.

Cable Update (GBPUSD)

Where is everyone? USA just raised rates, UK government in disarray. Are you reading The Daily Mail?

Cable Update (GBPUSD)

I'm out at the moment, this pair.

EUR/GBP - What a great pair to trade!

Well, I am. I think lots of others do, too but just don't follow this thread. I guess everything has been said, including the idiotic stuff! Regards...

No Free Lunch but all the Free Coffee you can drink

Nothing personal jusstin. Look, I've been trading a long time. What I see here is lots of people trying to short the Euro, every day. Why? Because today might be the day the trend reverses? Even if it did, these "traders" wouldn't hold their trades ...

EURUSD

Yeah, it takes guts to short something that's been in an uptrend for the 2 months.

EURUSD

If the Conservatives win a parliamentary majority tomorrow, this might well happen. They currently have a working majority of 14. If Corbyn wins it will be a disaster for the pound, in my opinion. He doesn't even have the confidence of his own ...

EUR/GBP - What a great pair to trade!

Good morning, a. or e. Just thought I'd post this, since the FF site seems to have a prevailing bearish sentiment on Eur/Usd. Last week posted a bullish engulfing candle. Apart from the fact that for the last 9 months the trans-European PMI has been ...

The Really Useless Thread