What should you expect — Hi Akins - seems you're a newbie, on this forum at least. For what it's worth, I'd say if you're still asking what to do at this late hour, best advice is DON'T TRADE. Yes, NFP is an 'opportunity' (only if you're a ...

Cable Update (GBPUSD)

Hedging? — Nope, turning off my PC and going for a walk - will come back and trade in whatever direction it's going, might miss out on a few good pips, like I've done all week, but will surely have an account to come back to trade from.

Cable Update (GBPUSD)

Alternatives? — Don't you think if they only increase by £25bn rather than the projected £50bn, then cable will slowly resume its bullish run against the USD from yesterday, but be capped in its limit? Also, if it stays at it's current rent ...

Cable Update (GBPUSD)

Don't gamble — Hi there If you need to close your position at a loss, don't be scared to do so - rather than loose all. Cable might go down towards 12 and then if the BoE increase by £50bn, it crashes, yet if they only do £25bn, it goes up to ...

Cable Update (GBPUSD)

Not quite the right time — Pleased to hear you made money today but this isn't exactly the time to gloat about your 300 pips, i.e. someone says they're down and out and you say 'I made 300 pips today?', good on ya! PS.. Malcomb, 2 days of ...

Cable Update (GBPUSD)

Summary — They're basically saying everything remains the same except the 'potential' reduction of the $200 billion agency debt package to $175 billion - not sure if this is enough to stop dollar's weakening i.e. a 'possible' reduction of $25 ...

Cable Update (GBPUSD)

Good luck, and easy does it. — Hey Sir Just don't risk too much too early - you have got a choice Bro because the wrong decision could put you in a worse of position than ever. There's never a 'do or die' time because it's only once one 'dies' ...

Cable Update (GBPUSD)

I agree — I agree with you totally, and have learnt to not enter 'too late' now, which, in turn is making me lose out on glaring opportunities like today. I also agree with your previous comments on the 'cup and handle' formation which I also ...

Cable Update (GBPUSD)

Surprised — Hi Tau I was a bit surprised to see you take that trade as you'd done quite well this week with your ride up on cable - one thing I'd have done different is, since you just happened to return early - might have been best to stay ...

Cable Update (GBPUSD)

DT's League — I DISAGREE with you being out of DT's league, and he's not the kindof guy to not accept posts based on his forum based on your 'league' although I am in awe of the guy and wish he would post a picture of himself - I've got a wife ...

Cable Update (GBPUSD)

Hear hear! — Well put in a much funnier way than I could have done, though it's not funny when one falls for their manipulation Just a question, which might be quite naive but when one's almost sure that a stop loss is going to be hit, ...

Cable Update (GBPUSD)

Bulls vs Bears — Not sure what you mean, but I did post earlier this morning that people shouldn't rush into shorts just because Yngwie and Gainscope said we should do so, I said it could go up first - because my indicators were pointing to a ...

Cable Update (GBPUSD)

Good to see you back Albchr! — Albchr Missed your posts here, and note you haven't been on DT's site either - welcome back and hope you're well. Not sure about 6600 being that strong a resistance for today's FOMC as we're so close to it so ...

Cable Update (GBPUSD)

Apologies, misunderstood you — Don't worry, another opportunity to short will come from higher up - though I believe your stop loss will be taken out this evening. Good luck and we win some and lose some - I've missed a great opportunity to go ...

Cable Update (GBPUSD)

Why now? — Sorry, just a question, why shorting now? The bullish move shows no sign of abating so just interested in your views as to why now is a good time to short?

Cable Update (GBPUSD)

You did remember rule #1 — Which is 'good money management' i.e. always use a stop loss - especially as a new trader. I've got bronzed so many times as a new trader when I forgot this rule, at least you used a stop loss so wait to the next ...

Cable Update (GBPUSD)

News time — I've taken the experienced guys advices to never trade around the news or move TP to break even if I sense the market might be up to something, rather than let me stop loss get hit.

Cable Update (GBPUSD)

Which London? — London's already started! The market will move at 9.30 as a result of the Services PMI data not due to London starting...

Cable Update (GBPUSD)

For the sake of your beer money... — Since you've got a 100 pip stop loss, that implies you still think there's room for cable to go up? So why not short from higher up, out of interest? Your beer money commentary amuses me always, but I bet ...

Cable Update (GBPUSD)

I'm agreed it could go to 6128, but it could also go to 1.66x depending on where it's at before the news i.e. if it's hovering around 1.65x before the news and it drops 300 pips, then it's going to 1.62x - if it's at 1.64x and drops 300 pips, then ...

Cable Update (GBPUSD)