This is an excerpts from the book written by Thomas L. Busby "The Markets Never Sleep" ACCEPT LOSSES GRACEFULLY Every trader has losses. In fact,if you are always right, you are probably not taking enough risk. No one has a crystal ball (except ...

I am going to give up this forex soon.

Cable steadily retreated from 2.1158 (26 year high Nov 09 '07), falling to 1.9334 on 22 Jan '08. A choppy 1.9361 to 1.9968 range has followed, the latest dip from the top of this band ideally needs a higher low around 1.9718 to keep alive hopes of a ...

Cable Update (GBPUSD)

CABLE looks in fair consolidation mode, with some players looking tentatively higher. Stops are tipped through 1.9890 and I suggest a clear 1.9900 break is required to inspire a pick up in momentum here. There are no UK events today, and BOE's ...

Cable Update (GBPUSD)

Whew you made it again Moe 200+ pips profit not bad for yesterday's trading I was thinking then that I have to wait for your confirmation before I square off my pos once again the COT report was right they dump the $ M planning to re-buy the cable ...

Cable Update (GBPUSD)

Stops in CABLE have been tripped on the break of the fibo at 1.9728 (61.8% of 1.9955 to 1.9361 move) and 1.9750, the latter being the 55-day moving average. Into the 15 day highs of 1.9757, an ACB, tech funds and specs have been seen on the offer. I ...

Cable Update (GBPUSD)

Good for you Moe a sustained break of 1.9740 may set up the 1.9780-00 area M out of the market bro made 50 pips already happy trading!

Cable Update (GBPUSD)

Done and done........collecting pips is my hobby!

Cable Update (GBPUSD)

Hey Moe M still holding my long pos @ 1.9680 but I think I need to revised my target to 1.9730 (6 pips below Feb 14 high lies @ 1.9736) and my stop loss raise to 1.9638 (1 pip below Feb 21 high lies @ 1.9639). Let's see how it goes........ PS: ...

Cable Update (GBPUSD)

Cable extended upleg from 1.9361 (Feb 20 low), followed by a dip to 1.9613 yesterday. Current prices are consolidating closely to rising 60-hour MA now at 1.9652, where a crack beneath which could trigger deeper pullback. Until a break of 1.9736 ...

Cable Update (GBPUSD)

Not as of this moment Betard if you would notice the latest dip which managed to find support at 1.9613 [near 1.9624, 23.6% retracement of 2.0566 (high dec 12 '07) - 1.9334 (low Jan 22)] yesterday is above 1.9607 (last fri low) which confirms a ...

Cable Update (GBPUSD)

Right you are makey2u!

Cable Update (GBPUSD)

Nyahahahaha very naughty twofeet!

Cable Update (GBPUSD)

Tnx as well TJ! Sorry to disappoint you early M a "he" Always remember in this business better not to mind the thing that depresses you, cause it only makes you weak inside and out. There's a lot of things you can give your time into. Don't ...

Cable Update (GBPUSD)

Tnx as well dobbie11 if you would notice the COT weekly reports are negative for the $ and technically speaking the cable attained foothold at 1.9361 last Wed and diverted focus from 1.9334 (Jan 22, this year low) to 1.9736 (Feb 14 high). It's ...

Cable Update (GBPUSD)

I already told you guys I have a friend working in an insiders financial report and I have that info every monday am here in Manila don't worry I will share it to you weekly sala k!

Cable Update (GBPUSD)

Yup will do but limited to 1.9657 (daily pivot) only a breach of 1.9580 will change my view.

Cable Update (GBPUSD)

Hey bro we have the same objective 1.9800! while my sl lies @ 1.9580 and my long pos lies @ 1.9680 btw here is another factor why we dump the $ this week: "IMM DATA showed currency speculators increasing their bets against the USD for the first time ...

Cable Update (GBPUSD)

Just passing "buy" again cable guy! Allow me to give you an idea re UK data next week: "Some significant releases out of the UK next week with market attention firmly on the Tue's CBI DISTRIBUTIVE TRADES SURVEY FOR FEB with a further slight ...

Cable Update (GBPUSD)

Just passing "buy" cable guy! I positioned myself now long cable @ 1.9680 targeting 1.9732 [61.8% of 1.9955 (hi jan 30) - 1.9361 (low feb 20)] sl 1.9580. Let's see how it goes! Just an info and not a reco! collecting pips is my hobby! Bye 4 ...

Cable Update (GBPUSD)

I need to unwind at least a week or two to refresh myself and savor the profit I made for this month I'll be back on March. Happy Trading to everyone may the pips be with you! Thanks a lot cable guys 'til then....

Cable Update (GBPUSD)