Unbelivable reaction to the news. euro bad news on both counts. CAD and US news briliant and it still goes long does not make sense to me. Expected it to fall. I think it was the last push of the bulls. Or the the bulls are in play.

Cable Update (GBPUSD)

will it drop now. that is the big question.

Cable Update (GBPUSD)

I would say bull continutation today only if the CAD and US News come in negative. Tomorrow who knows as there is mutch more Eu and GBP news that is expected with possitive forcasts.

Cable Update (GBPUSD)

Hedged my posissions at 1.5690 as it may want to test the 1.5729 area again the w_m3 pivot

Cable Update (GBPUSD)

Looks the same to me.

Cable Update (GBPUSD)

added another position short @ 1.5727 target 1.55000

Cable Update (GBPUSD)

Had sell possitions but hedged it at 1.5634 then released the hedge at 1.5698 and added heavy position. then closed the heavey position fot 27 pips but still in short. overall still up even if my two small possitions are running at a loss. I made it ...

Cable Update (GBPUSD)

added final position short @ 1.5647. SL 1.5705 just ubove the M4 TP for 1.5500

Cable Update (GBPUSD)

added annother small posission at 1.5630 TP at 1.5500

Cable Update (GBPUSD)

Also short @1.5607

Cable Update (GBPUSD)

I have had a look at pepperstone demo and you right on the spreads are good, execution is good too and this is the demo. So the live account should be better. Will test next week on different market conditions. Thanks. Oh yes thanks to all that ...

Cable Update (GBPUSD)

Thanks chaps. Usefull info and aprieciate all the different point of views. With Alpari and got slipage of 32 pips after taking out my stoploss, Screen freezes and at times and when the market moves with some momentum they disconect my internet ...

Cable Update (GBPUSD)

Hi Chaps Wonder if you can help. I am looking to change my broker and I have had a look at Hantec Markets as broker. Has anyone used them and experiences on using them through MT4 platform. Any feedback would be aprieciated. Thanks in advance.

Cable Update (GBPUSD)

seems more like a scalping market lately.

Cable Update (GBPUSD)

It may be seeking a 1 hr fib to bounce off @1.5556 then it may go up again. If it gets through that level I will wait for a retracement and I will release my hedge and add to the short possion.

Cable Update (GBPUSD)

got out with 10 pips sad I know but I expected to shoot up as usual but has not I went in with a heavey possion so 6 small possitions so profit like 60 pips. if this does not have momentum in the next 20 -30 mins I think we heading down again.

Cable Update (GBPUSD)

Yea I was short yesterday @ 1.5508 small position then added @ 1.5535 and then added at 1.5586 large position. It came back down eventualy so I have closesed the 1.5586and the 1.5535 position @ 1.5532 and hedged my small position that i started ...

Cable Update (GBPUSD)

I think you are right. The only thing is with GBP rate anuncement with it no usually changing it will go up first to daily 50% fib @1.5606 or W_r1 @ 1.5628 then it will go south I think. iF IT GETS AS HIGH AS THE w_R2 then its going to head for the ...

Cable Update (GBPUSD)

Added annother small short position at 1.5536.

Cable Update (GBPUSD)

Short at 1.5507 small possition. Will add if it goes a bit higher.

Cable Update (GBPUSD)