First the beach now the pool... a) HELL Yeah!!

Cable Update (GBPUSD)

Big hitters have divided opinions — Seems to me that market is fairly evenly split. The limited news was not enough to sway market either way and so a stalemate ensues. Methinks - they are making their pips elsewhere. I hate days like this...

Cable Update (GBPUSD)

And I thought it was only me....

Cable Update (GBPUSD)

Looks set to pootle along sideways now until US news — Double Top not realised. Looks set to pootle along sideways now until US news.

Cable Update (GBPUSD)

9488 is starting to annoy me now.. — I hope that the market is consolidating at the moment. Preparing to breakthrough 9488 and down to 9420 I hope..

Cable Update (GBPUSD)

Looks like classic DT forming on 5 min chart — Let's hope so for those short.

Cable Update (GBPUSD)

Yep, I'm staying short for today.

Cable Update (GBPUSD)

Sudden price hike 5+ mins before announcement preceded by gradual hour long price hike totally illogical against excellent short conditions. Hmmm leaked figures?

Cable Update (GBPUSD)

Impetus — From what I can see of recent trading, this market has only one place to go and that is UP.... Good but not fantastic UK news pushed it up - yet retraced slightly Average US news pushed it down again - BUT CAN'T break 1.9500 ...

Cable Update (GBPUSD)

I understand now. Another thread explained it for me. 8 in favour of no hike as opposed to in favour of a hike.

Daily Cable Analysis

Have you got this the wrong way round?

Daily Cable Analysis

Do you see downtrend for the day generally? — My 5 min EMA chart strategy shows 9, 20 and 50 EMAs nicely fanned out to down side. Do you think that after a moderate retrace the trend will continue down at least until US news at 1.30 GMT?

Daily Cable Analysis

Why should bad US news favour GBP and not JPY?

Daily GBP/JPY analysis

Words of wisdom indeed.. At last, a lucid explanation of something that has been baffling me and consistently losing me wedge for my first few newbie months. Thx.

Cable Update (GBPUSD)

Thx

Cable Update (GBPUSD)

Thx

Cable Update (GBPUSD)

Silly question - what is a tick? I understand pips, points and nasty bugs but not sure where ticks are referenced in charts. As yet I know about fib trading - is it something to do with this trading methodology? Thx in advance (also expecting ...

Cable Update (GBPUSD)

And you suspect which direction?

Cable Update (GBPUSD)

Is this going up or down? — Bad US data yet cable still retracing to today's low. Can someone explain why please?

Cable Update (GBPUSD)

I am still learning about a lot of these terms myself. I am not really sure what constitutes a breakout. Does the next candle after the initial breakout have to definitely open above or below the trendline (depending on whether long or short ...

Cable Update (GBPUSD)