I did the same, just a small experiment. Using previous day high as SL. Just for fun. Not my typical trade style. I'd rather be in powerful long term trend trades.

Cable Update (GBPUSD)

Risking a whole 18 pips. If I lose, I don't know how I'll ever recover.

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Long CHF and MXN and short JPY are some of the strongest longer-term trends in the market right now. I like looking for powerful trends. I don't have a scalper like mentality and after 12 years of analysis I don't know why anybody scalps, S/R levels ...

Cable Update (GBPUSD)

I wasn't even talking to him. I had to actually unblock him just to see what he said. Had no idea what his trades are because I blocked him a long time ago. It was like spam to me because I have been trading for 12 years. I don't need to see all ...

Cable Update (GBPUSD)

Short GU @ 1.2942 SL @ 1.2960

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I wasn't referring to anyone on this thread. I was talking about institutions. I also was not talking to you... So, mind your own business. You are just looking for trouble. Keep your rants to yourself. I never referred to anybody on this thread. ...

Cable Update (GBPUSD)

I've noticed this works time and time again. It must have something to do with the stock indices. I don't know.

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Totally hawkish and these bozos are buying EUR.

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That's why I don't trade rate decisions, only tightened my stop from previous short and I'm out with a profit. url

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Federal Reserve issues FOMC statement

Cable Update (GBPUSD)

"In determining the extent of additional policy firming that may be appropriate to return inflation to 2 percent over time, the Committee will take into account the cumulative tightening of monetary policy, the lags with which monetary policy ...

Cable Update (GBPUSD)

Extremely hawkish, the USD should be exploding right now. The markets can remain irrational longer than you can stay solvent. They aren't just completely comfortable raising rates they also are unloading mortgage-backed securities.

Cable Update (GBPUSD)

UKX is in even deeper shit than DAX.

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They won't be able to keep raising rates and will need to create stimulus early, hence setting the stage for massive USD domination. Notice how most people in here are playing with themselves and are oblivious to the most important clues.

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FOMC can change everything in a New York minute. But I don't think I will trade FOMC, only tighten my stops on my open winners. Good luck to all! url

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EUR looks ready to puke its guts out... Fatigued and out of breath.

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My last trade was short AUD/USD where I made 46 pips in roughly 3 minutes. I also have several winning trades still open. You're bending yourself into pretzel and cherry picking trying to rewrite history and it's still not working. Focus more ...

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url

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Think I will short AUDUSD in about 10 minutes.

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If you had shorted earlier, you could have used the pivots to trail your stop downward and lock in your gains. But this only works when there is volatility.

Cable Update (GBPUSD)