May be the news was already priced in. Just my take though

Cable Update (GBPUSD)

Longs — I have a few long positions based on the reverse head and shoulders formation on the 4h TF. GU--Long--6252--SL--6370 GU--Long--6252--SL--6370 GU--Long--6240--SL--6340 GU--Long--6248--SL--6340 I might close as soon as Trendline gets ...

Cable Update (GBPUSD)

Building long positions — I am happily building up Long positions as long as we can get a weekly close above 1.6242 I will hold if not I might close on Monday. Have a great weekend.

Cable Update (GBPUSD)

RIP — Guess this thread is a little sleepy. Anyway I will start posting my trades here from tomorrow. They are based on a system I am developing. Trade taken yesterday: SELL @ 1.0323 Please do not take positions based on my system as I am ...

USD/CAD Trading Room

Basics — I might be completely wrong. Why in the world would anyone ignore a reverse head and shoulders formations on the 4h is beyond me. The T1 according to this formation is around 1.6378. If one is scalping isn't it better to scalp in the ...

Cable Update (GBPUSD)

I was short for a long time but now it doesn't make sense to go short to me. 1- Technically: reverse head and shoulders on 4h, the price has broken upwards. 2- The weekly is showing signs of Long. I am not an expert but this is just my opinion. ...

Cable Update (GBPUSD)

Nice formation on 4h — The reverse head and shoulders formation on 4h. image I was short for a long time but this kind of formation singals a strong move so I am now Long with a target(T1) of 1.6378. I am not an expert, do not follow my ...

Cable Update (GBPUSD)

Head and shoulders — Is anyone seeing the reverse head and shoulders formation on the 4h TF? Or am I just seeing things again. hmm...I might have to close those shorts with -ve pips.

Cable Update (GBPUSD)

Initiated new Short — Hey I just opened a short. Although I am just going to watch whether the position is in green or red just before GBP news. If its in green it gets a tight SL if not I might close it altogether.

Cable Update (GBPUSD)

How many of us r going to have open trades before and during NFP? I will exit all my trades 1 hour before news Or may be leave one of them open if I can be at the terminal at news time. It would be great if one of us could analyse past NFP news ...

Cable Update (GBPUSD)

this 4h candle — This 4h candle may be very important its broken a trendline currently if it closes below the trendline resistance then We should see the 23.6 Fib level broken. I cant seem to get the chart pic here.

Cable Update (GBPUSD)

Not perfect — Hi It seems quite a few people here who r bullish but what TF are u using? On the weekly it seems like sideways movement with downward bias. I dont know if this is correct or not but this is what I see. Would some expert please ...

Cable Update (GBPUSD)

My mistake took the wrong column for forecast. ----------------------------------------------------- Took a new position @ 5992 Short Even with news effect the bounce was hardly anything.

Cable Update (GBPUSD)

Bad news? — Hows it bad news? I thought anything above forecast is good. Anyway I have my positions in +ve with SL in green.

Cable Update (GBPUSD)

Stocks to look at: — Ok, Seems everyone is looking more to stocks than anything else. My suggestion: Go for this company: RIL - Reliance Industries Limited They basically own almost all sectors of Indian economy between two groups. I am sure ...

What's the best 5 year investment?

This might all be erased by FED move? — Hey Who all think that if the FED gives a hawkish statement(unlikely) the strength of EU will be erased? Or will a hawkish statement take it higher? I am really confused about how the market will react ...

EURUSD

Moves — It just moved to 4790. Dont understand you EU. May be I need to do a crash course in EU. Neo

EURUSD

The game changer tonight will be the FED announcement. I doubt anything else will make EU move tonight. Neo

EURUSD

I was long biased. And for the longer term I still am biased to the long side. However right now its Short time so enjoying the pips. Neo

EURUSD

Wow — Nice to come back from work and see this down move on EU. I was long all my stops have been hit. Looks like a SELL now for 1.4413. Neo

EURUSD