Your call mate totally, upside is your stop follows, downside is if the market runs up 100pips then pulls back 30pips it'll hit your stop. Downside to everything, nice little run there, then nothing UJ's tanking as it should do to, everything is ...

Cable Update (GBPUSD)

Like Jets says, this is beyond weak here GU is dead in the water. Preserving capital might be a idea, but I don't want to say exit or exit myself incase my bounce does occur, it'll be fast and strong. It does look from the volume like someone is ...

Cable Update (GBPUSD)

have you not found FXCM's trailing stop feature ?? Got the Stop up click the trailing stop, set to 10 or above and everytime the market moves up 10pips it'll raise your stop 10, but not drop it!!! And if the market drops back 30pips it'll have to go ...

Cable Update (GBPUSD)

Asyed4 hello, FXCM using here to, stops at 47 with trail set to 10, so it'll follow!! Need to clear 9685 before i expect much buying interest, then GU will head for the 24hour sma usually @1.9745 and falling fast, EU's already broke over the 12 and ...

Cable Update (GBPUSD)

Dailyfx+ pointing out the obvious!! Sydney, April 09: The GBP/USD remains under pressure in Asia this morning and has already traded below yesterday"s 1.9665 low. The break below key support at 1.97220/30 in the wake of the extremely poor Halifax ...

Cable Update (GBPUSD)

I'm only at $2 per pip here, $10 nice hopefully 1 day I'll get to that level of debt requirements to run a losing account that high Wouldn't say 50/50, when I took trade i figured, 70% chance of it bouncing from over sold. Currently, EU's strong, ...

Cable Update (GBPUSD)

There sure isn't any certainty in this game or ever will be, GU's as weak as a rather weak thing though. But the markets like to surprise. Are you profitable Jets ?? if so definately shouldn't be fighting you. Good luck too Sir, although already a ...

Cable Update (GBPUSD)

GU's likely setting up for known bad GB numbers in the am. EU is likely setting up for known good numbers in the am. I'm not liking this, tis only money thankfully!!

Cable Update (GBPUSD)

Need to research Abu's method when I get a spare day, any chance TraderJR you could change the colours off the lines, being red green colour blind makes it impossible to see whats what at a glance!! Sure others out there struggle to. thanks

Cable Update (GBPUSD)

Tmac, who are you betting on ?? Can I put a £10 hedge bet on Jets winning pls , I'm happy either way then TraderJR is long to. p.s. I'm HOPING for a trend reversal and run up, UJ and EU are both doing this GU isn't joining in on the action, I ...

Cable Update (GBPUSD)

Asia well someone in, is loading up on EU's every night, be aware. Interested in GU HELL NO!!!

Cable Update (GBPUSD)

OKay my plan, has not failed once on back test for normal down days ie sub 100pips, but on the only 200 pip down day, 12hour knocked it down another 100pips over night from jpy selling or similar no doubt. Ahhhhhhhhhhhhhhhhh!!!! Cunning plan, ...

Cable Update (GBPUSD)

There was some news at 12:01am gmt which was okay for the UK, worse than last month, better than expected so created abit more down pressure than I expected. Any hope of that EU run the happened last night happening on GU ?? Not likely I bet, was ...

Cable Update (GBPUSD)

Jets, don't do that man, gets me worried!!! Still holding, down a few pips at this level, hopeful on a move up over the night, hopefully back down to for you 37mins, until i expect this to kick into gear and move up nicely, the day change.

Cable Update (GBPUSD)

Expected really, 2nd 1/2 is in play, ugggggg

Cable Update (GBPUSD)

Jets, I should wait for a break out of the 12sma line ( on 1 hour, I use 720sma on M1 ) it's been failing at this line several times for the last 3hours. Why there is a risk and I'm 1/2 in!!

Cable Update (GBPUSD)

With dread 1/2 in long here, loose stop for me will get in the other 1/2 on further weakness. Just playing a over the night profit taking / new positions play though, ultimately this puppy is going down!!

Cable Update (GBPUSD)

GU's back to same level, EU is selling back nicely. But NO WAY ON EARTH am I after cocking up the EU last night, even considering for 1 second shorting EU, but I so wanted to

Cable Update (GBPUSD)

Running the EU up hugely could be a trap, reasoning. It's easy to run up a Price after hours when the volume is low, this could create the buyers they want to enable them to sell / short. So direction after this is really any ones guess, but it'll ...

Cable Update (GBPUSD)

Dailyfx+ Despite stalling around the April 1 high at 1.5787, the EUR/USD is not backing away as more stops above 1.5810 are in the market"s focus. Traders suspect that a large sovereign name might be behind the EUR/USD buying even though model funds ...

Cable Update (GBPUSD)