If you had a sensible 1min chart you could see the price action and get alot better feel for the market. My system ( while I was out ) suggested shorting near 12hour sma @23:20GMt area 1.9875 just before it reversed and continued for 60pips. Bottom ...

Cable Update (GBPUSD)

Friday is closed, dratttssss, I'd been keeping that day clear well no one had asked for anything, guess thats why, doh!! No trading this week then

Cable Update (GBPUSD)

Navin, thats not how the margin works RELAX!!! If your account drops to £200 well £199.99 or below then your stopped out and you need £200 per every lot you trade ( might be every $1 lot 0.1 if so $2000 required to trade at $10 per pip ) Yep Real ...

Cable Update (GBPUSD)

Navin, welcome to my world also !!!! Interesting isn't it, the move from Demo to Live is quite strange it just forces you to trade safer which actually ends up being worse. But you haven't blown your account yet, your doing well

Cable Update (GBPUSD)

Grumble Grumble, Winge Moan Groan!!! Good day for trading, too much to do, not enough time to focus on it so no trades this week as yet Role on next week, some kinda normallity and more money in my account. Keep getting them pips people!!!

Cable Update (GBPUSD)

Bones, down day sucks dude, welcome to my world. Self employeed so I either trade maybe while doing some coding, charts on the left screen watching, but basically concentrate on the trade, I couldn't and wouldn't risk doing both at once like you lot ...

Cable Update (GBPUSD)

Thats why I was trying to keep your account size, to £500 if your keeping your lots small it's all you need, limits your getting carried away, then add money later if it's a issue. The old under capatilized for newbies is a huge trap, basically it's ...

Cable Update (GBPUSD)

GU failed to break over the 6hour sma to me, tried several times rejected on each then went splat, it closed Friday bearish to ( I wasn't watching friday, EU closed bullish confusing my tiny brain cell ) Wish I had the balls and presence of mind to ...

Cable Update (GBPUSD)

This caused the madness. Fed lowers discount rate, offers more funds to financial firms Dunno on GBP, I guess people are starting to realise G's in trouble to so there unwilling to run it up much more. But ??

Cable Update (GBPUSD)

Nav that Live ?? nice going either way, I saw it considered it, had to do erands for the GF and what a move for sunday There is going to be alot of Japenese having free holidays in the USA at this rate to.

Cable Update (GBPUSD)

Mine definately Move/Scroll to the Left ( checks my left and right, yep thats right )

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Well this week I'm 100% sure and I'll take bets on that too that the market will :- Keep moving to the left on my charts ( except for chart down time )

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Okay for all the bearish stuff on at the moment, pls remember the 1 fundamental rule of trading. THE TREND IS YOUR FRIEND UNTIL THE END, DO NOT TRY TO GUESS WHEN THE TREND WILL END. Better to take 1 or 2 loses when it turns on you, than take ...

Cable Update (GBPUSD)

So 1week till @$800, sub $200 currently what is my plan ( thinking out loud here ) I'm going to give my trading a barely profitable status, but profitable JUST but only recently turned this corner so might turn back. So how best to use this extra ...

Cable Update (GBPUSD)

Bones, GU chart on todays move, the middle 3 lines are 90, 100, 110sma , I think you'll see the price respected them too, shorting near in the direction of the trend ( when market is trending ) gives very high odd win probabilitys. This is just part ...

Cable Update (GBPUSD)

My plan for the weekend is not to think about the markets, be beginning of the week after before my extra money hits but I can add more if that goes hopelessly wrong, the advantage of keeping it small, REALLY hoping and thinking it won't though. ...

Cable Update (GBPUSD)

WOWSA's another crazy insane day. System perfect downtrend on the GU, EU's 24hour SMA held and near highs which woulda confused the issue. Shame I called today a day off really

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Having a day off here, full time trading + working kinda has killed me!! Going to post 600pips of ammo to, 10x's what I've got spare currently might help!! MUST RESIST URGE TO TRADE!!

Cable Update (GBPUSD)

I'm not a total scalper head though, I used to swing trade stocks based on 1day charts, but stocks never had 10 news items per day making it move totally dependent on what the news says. I like forex, because the moves intra day between the news is ...

Cable Update (GBPUSD)

OT credit card just cleared Sending cheque tommorow!!!

Cable Update (GBPUSD)