Just saying...no matter if bear or not, we can still have big spikes in either direction.

Cable Update (GBPUSD)

Last tuesday, I think. Price was already falling from 1.7170+- for days, but on that day, before news, it went as deep as 7059 and in 7-8 hours it went to 7190.

Cable Update (GBPUSD)

Actually not...it was a downtrend already, the spike was just a "healthy" way to get SLs and retrace before more fall. But the trendline was already pointing down. Those spikes are normal in a downtrend, can't go just down all the time. During the ...

Cable Update (GBPUSD)

Last green news made a bull run of 120 pips within 7-8 hours.

Cable Update (GBPUSD)

I almost clicked the sell button at 6888, but its the last day of the month and don't want to get stuck in some end of the day bullshit. On a normal day, it would be a good scalp.

Cable Update (GBPUSD)

All western countries have the war tax, they just don't need to charge it separately, because the taxes in rest of Europe are so high, they can't add to them anymore, because then people would pay more than their salaries are.

EURUSD

Monthly looks nasty for bulls. This will have to go to 1.31xx, to "satisfy" the candle and the breakout. Until then, its safer to short the spikes up, I think.

EURUSD

Thats a great entry.

Cable Update (GBPUSD)

Can't enter either way now...big R on the way up at 6888, don't want to short from here either...I guess that was it for today.

Cable Update (GBPUSD)

I think if it went that high...1.7 would break. Lets see what happens tomorrow...big news + profit taking day...might be a big ride.

Cable Update (GBPUSD)

That looks like a much better bear compared to GU.

Cable Update (GBPUSD)

This might turn into a free fall next month or a big spike up...I won't pretend to know, because I don't. It will be a fun ride either way.

Cable Update (GBPUSD)

Well, if you call lower round numbers on a fall and higher round numbers on a move up, eventually you will be right on some days.

Cable Update (GBPUSD)

Trendline re-test to the pip, 6888, hmm. image

Cable Update (GBPUSD)

Its not a plan, if you have no exit strategy and no SL(mental or real). Its just adding and waiting, adding and waiting. Eventually every trend will turn, so by that logic, everyone who leverages low and doesn't care about drawdown, is a good trader. ...

Cable Update (GBPUSD)

Its mostly scalpers here, its normal to expect some bull movement after 340 pips in one direction. It will come, no matter if bear or not. If tomorrow's news is good, we can easily get the spike wanted and needed for bears to re-load, too.

Cable Update (GBPUSD)

You mean like "wish options"?

Cable Update (GBPUSD)

LOL Don't trade what someone else is saying, just because people think he has some secret insider information.

Cable Update (GBPUSD)

Every other month so far has been bearish. Bear always smaller candle than previous bull. Where is the change? Unless we break last month's low, its unchanged. If we break it in august, its bear, yes.

Cable Update (GBPUSD)