In at 1.6634. Short. Closed EG short at .8189 with +152 pips, just before the bounce back (lucky me!). Now let's see if I can switch the party.

Cable Update (GBPUSD)

Does trading lead to a hyperfunction of the gallbladder? I'm worried!

Cable Update (GBPUSD)

No offence taken bro. I don't deny I'd like to be at that party too and then spot the perfect reversal, but such sofistication is beyond my reach. Anyway, I believe Cable will treat me right. Maybe as soon as tomorrow.

Cable Update (GBPUSD)

Do pips contain alcohol?

Cable Update (GBPUSD)

Jesus, sometimes I feel like a gay in the 50s of the last century (let's face it, I'm a bear... with Ray Bans and a leather cap ). Ok, I'm short. So what? FYI, I'm also short on EG with nice profit so far. I guess I should lock in those pips soon ...

Cable Update (GBPUSD)

Funny enough entries on both patterns got triggered. I was prudent enough to move SL to BE soon as these bearish patterns were against the bullish trend and therefore not continuation patterns. If I had taken profit at the bottom of the Gartley I ...

Thank God It's Monday - Spock's Discretionary TL

Talking about patterns: Gold has been completing one pattern after the other the last week. image Gartley moving into a Bat and from there an ABCD. I shorted shortly after the completion of the ABCD, but had to travel and couldn't manage the ...

Thank God It's Monday - Spock's Discretionary TL

GU short 1.64066 SL 1.64288 TP 1.634. At 1.64211 I've got another short PO. Nice double Harmonic Gartley pattern within a Bat pattern image

Thank God It's Monday - Spock's Discretionary TL

So much for Cable slide. News were as expected and already priced in I guess. Disappointed url

Cable Update (GBPUSD)

not much happening. Already priced in?

Cable Update (GBPUSD)

Stopped out @BE

Thank God It's Monday - Spock's Discretionary TL

Is Euro to be weakened by Policy? Found this on a newsfeed: Here's an interesting take from Independent Strategy. Its thinkers have been mulling the vexed question of whether the euro zone will follow Japan into a lost decade of deflation and weak ...

Thank God It's Monday - Spock's Discretionary TL

Short AN 1.05883 Chose the Kiwi because I couldn't make up my mind between Dollar and Euro. Whereas Kiwi is doing well agains both.

Thank God It's Monday - Spock's Discretionary TL

Short the Aussie? EA's moved back to support which coincides with 38.2 retracement of last main swing. image H4 chart shows rejection image H1 chart with gradually rising bottom wicks and a violation of last support, now resistance image Plan ...

Thank God It's Monday - Spock's Discretionary TL

This year is supposed to be the year of the Dollar. We have already seen some consequences of Dollar strength, namely emerging markets getting into trouble. url url There should be more to come.

Thank God It's Monday - Spock's Discretionary TL

What's your problem? Just go long and leave bears alone. I've got several shorts open and will open some more as we move along. They are for the long term. Meanwhile I might open some short term longs as well. This bulls vs bears thing is really ...

Cable Update (GBPUSD)

ffleo, how old are you?

Cable Update (GBPUSD)

I love that! First come the bull kids on Forex school yard laughing about the bear kids. Now it's the bear kids' turn " bull kids". Guess I'll honour your footer

Cable Update (GBPUSD)

First shorts in Green. Now I'm laughing too But seriously: BOE and British Gov can't be interested in GBP rising forever. Somebody said that British economy is service based. This may be true. But there may remain some exportation based ...

Cable Update (GBPUSD)