55sma ( 50 modified for sunday ) called the bottom @1.9800. Trading below the 200sma to ( 210 ) this is a bearish sign and it a quick look on the chart indicators the 50 and 200 are both relevant, much be enough swing traders out there using this ...

Cable Update (GBPUSD)

Allowing for the Sunday few hours counting as a day, make it 10sma 20ema, 55sma 220sma that seems to back fit better. Use it as a trend direction, S/R points and the Envelope as Over Sold / Over Bought back test yourself you'll see it. If you want ...

Cable Update (GBPUSD)

Well Nav, if you've got limited time and trading off a 4H system then that is the way to do this. It's not the way I trade but I'll give you a 60% area of hitting your TP at this stage so it's a good trade at this moment. It's a totally radical ...

Cable Update (GBPUSD)

Nice profits there Abuwad, if nothing else it proves the market is possible to beat and live off, I'd be happy with 50-75pips per day, even at $4 per pip that would be stupid money to me each month. I theorise I should be able to do above within ...

Cable Update (GBPUSD)

Although I disagree completely with 4hour charts being any use what so ever, 1 day charts recently have called some big moves with ease so 1day charts is part of my system again interestingly!! The easily visible close off the highs yesterday was a ...

Cable Update (GBPUSD)

Taking 85% of profit out is a good strategy, okay not going to hit the million as quick but how many lots can you trade at once honestly. My plan is over £1000 GBP take out 50% of profit, none below not worth it. But when the account gets to £10000 ...

Cable Update (GBPUSD)

More on topic, why oh why did I exit my short on EU, why didn't i short GU it was obviously going to follow EU at some stage took 4pips should make 10x's that, this be getting stupid and wasteful!! * does anyone want me to prove my 4pips LOL *

Cable Update (GBPUSD)

Sure you've got enough lines on your chart there 2feet. My take would be down from here ( not directly ) to retest 1.9870 put in a higher high then move back up again. We are pretty much just playing the all news is bad news game here, so UK news ...

Cable Update (GBPUSD)

Casing point, just held a EU short from 1.5815 for over 1hour for +4 pips But first trade off the week, happy to be out without being stopped. And boring as hell with no real movement going on!!

Cable Update (GBPUSD)

70% of my trades are profitable at this point, although I'm still losing money. I feel 70%-80% of trades winning is acheiveable with a good system and experience. The trick is risking above slipping abit in order to make more from the trades though, ...

Cable Update (GBPUSD)

The 2 steps sucks normally, baby steps forward then giants step back though for me!!

Cable Update (GBPUSD)

FXCM just quotes a -0.3 spread on EU just

Cable Update (GBPUSD)

Trading perfect to my own crazy system all week, the Fund Managers are using my system no doubt to trade from, bet they stop next week when I'm hopefully around. The basis of my system was leached from a Fund Manager, although for a different market ...

Cable Update (GBPUSD)

I wanted 2.0085 opened FXCM and the first sell blip happened, and stupid spread so wussed it, already hit my 45 target though so careful check EU going higher.

Cable Update (GBPUSD)

To short or not to short!!! too late, shoulda!!!

Cable Update (GBPUSD)

I'm fairly sure everyones smart enough on here to take postings of pips made with a huge pinch of salt, not saying anyone is lying, but does it really matter. I for 1 have made ZERO trades this week, only had time for 2 quickies last week for 47pips ...

Cable Update (GBPUSD)

I'm fairly sure everyones smart enough on here to take postings of pips made with a huge pinch of salt, not saying anyone is lying, but does it really matter. I for 1 have made ZERO trades this week, only had time for 2 quickies last week for 47pips ...

Cable Update (GBPUSD)

Hmmm just got online and not liking it missed the move Can it move to new highs over the next week, to completely annoy me on my prediction with no trades

Cable Update (GBPUSD)

Strange it performed pretty much exactly as I kinda joking predicted, amazing

Cable Update (GBPUSD)

I think he was in training all week and not trading, cause it he tried to short this every step of the way up with a tight stop, he could lose twice the pip gain, I know been there done that

Cable Update (GBPUSD)