I agree with you from the standpoint of trade setup - it is a personal thing, and everyone needs to find a system which works for them. I have found from my own personal experience that my biggest weaknesses as a trader come from myself - greed, ...

Cable Update (GBPUSD)

Cloggie, would you be able to point me to somewhere online I can find out these kind of things? I was unaware of "rebalancing" and for some reason chose to be utterly ignorant of your warning about it, so remained in my trade when it would have been ...

Cable Update (GBPUSD)

I was intending to keep my current (short) position open. Is Bank Holiday Monday likely to be some kind of bizarre wild ride with no obvious purpose or reason, or dead like Asia normally is? Should I close out now?

Cable Update (GBPUSD)

I strongly disagree. I trade to make money. I read this forum (and have started to participate in it), in order to learn from people who know more about trading forex than I do. I also read this forum for entertainment, which for the most part it ...

Cable Update (GBPUSD)

I know, but it is funny. I was hoping he might take the bait and post his views on where we are headed next so I could have done the opposite. Still, he ended up digging himself out of his bad position, so he probably feels properly justified now. ...

Cable Update (GBPUSD)

I find it spoils it if you make it really obvious.

Cable Update (GBPUSD)

I think you missed my sarcasm.

Cable Update (GBPUSD)

I'm with you man. That was a purely technical move and you nailed it. Nothing to do with being the last Friday of the month. Cloggie must have a truly enormous nose, he's so full of it. Where do you reckon it's heading next? P.S. I love your ...

Cable Update (GBPUSD)

The signal is explained in detail in this post: url

Cable Update (GBPUSD)

What's the price now? It's a good point. Don't get at the liquidity providers.

Cable Update (GBPUSD)

Difficult to get the levels right. Sometimes after news the price can fling itself around a bit which could mean you end up with both your orders being filled. If you don't have a particularly good reason to expect the news to go one way or another, ...

Cable Update (GBPUSD)

This isn't a point of view I personally agree with. All trading is gambling. Even if you are a risk averse trader who waits for 'confirmation' before entering a trade, there is still a possibility that the confirmation may be false or that something ...

Cable Update (GBPUSD)

I wouldn't think of Einstein as 'rigid', afterall he looked at simple things most people had taken for granted and asked obvious but unanswered questions and came to astounding conclusions. That said, he couldn't manage to wear matching socks on a ...

Cable Update (GBPUSD)

I'm short at 1.5623 and have been since Thursday. I wasn't around to take profits on Monday which is a little unfortunate, but I think I'll get a second chance at those levels before long. So like you I'm short, but unlike you I've not crystallised ...

Cable Update (GBPUSD)

I think actually we are in agreement, but you are looking at a much longer timeframe than me. I agree that the move up from 1.4227 (May 20) is probably an A wave, and we have now started a B retracement. I'm referring to the first wave of the ...

Cable Update (GBPUSD)

I'm not sure we're talking about the same timeframe. I'm looking at the downward wave from 1.5997. That's what makes EW so very groovy. It's like some kind of market horoscope, practiced by bearded people who cannot agree. Right now with Aries in ...

Cable Update (GBPUSD)

Lol, oh yes. Isn't that 5th digit a pip? Don't take my current posts too seriously, I am brand new here and posting to get through the moderation phase. My last posts regarding 200 pips were a little bit in the style of pips stunner. Being ...

Cable Update (GBPUSD)

Getting ready for a brutal slide down to 1.5320 today.

Cable Update (GBPUSD)

Tomorrow will be a 200 pip DOWN day, my system says so. I'd rather not explain why. I'll be short for the next two weeks.

Cable Update (GBPUSD)

Top of channel, 5th wave to come — Last push upwards from 1.5506 presumably attributable to NY waking up with unbridled joy at the fact not everyone in the country is unemployed, the economy is saved, lets buy stocks like there is no ...

Cable Update (GBPUSD)