Good call at the long (14-Nov). I have some doubts about reversing at 1.6380 - but one never knows (50/50%). My short position there is with reduced size to avoid too much unnecessary money waste.

GBP/USD prints a session high at 1.6374 with market talk of stops seen above 1.6380 -...

Well, I got short at 1.6380 with 50 pips SL, targeting a swing reversal bellow 1.6000. Nothing more to add. No fractals, no chaos, no waves. Just betting for profit with 1:12 risk:reward ratio.

GBP/USD prints a session high at 1.6374 with market talk of stops seen above 1.6380 -...

Spreadbetter, seems you got the crucifying sword and armor lately :-). Exposing scams and fight for the right! :-). Leave them be, brother...:-).

GBP/USD prints a session high at 1.6374 with market talk of stops seen above 1.6380 -...

Couple things. This surge was classical SL hunting (pump and dump). The E/U did not notched more than 10 pips. Definitely cable-oriented rather than weak dollar (see dollar against Aussie, Kurodyen, loonie). Can't see cable above 1.67 if Euro also ...

GBP/USD prints a session high at 1.6374 with market talk of stops seen above 1.6380 -...

I definitely add to smaller loosing positions to average, or use hedging to dampen - the difference counts if you do series of loosing minitrades for like 0.1% rather to cut several loosing trades at 1 or 2% each - in long term money/risk management ...

Dennis Gartman's 19 Rules Of Trading

I think when people read such "rulers" they should really keep in mind that models of trading with stocks and currencies are somewhat different. Different psychology of the markets and different strategies. So following blunt wide common rules is ...

Dennis Gartman's 19 Rules Of Trading

Euro is higher, because the rising weekly trend has not broke yet - that "on the moment" explanation above is just sucked out of the dirty finger-nails.

Euro higher on stronger inflation data

There is only one confusion in all that market misconceptions. There is no fundamental reason to call speculators (traders, etc...) with the term "investor". Investor comes from "investment" (or more accurately "vestment") which could be defined as ...

50 Unfortunate Truths About Investing

Can't see the drama - it failed to go down and then was pushing for 3 weeks to break 1.6260. Now is a matter of time to get to 1.65 or even 1.67 next weeks and then slowly but surely - south. As it aways does :-). The only surprise will be if cable ...

GBP/USD could be over 1.6500 by Christmas

Just stay short :-).

Stay Short EUR/USD; Tighten Stops On USD/JPY Longs - BofA Merrill

My speculation - maybe with little pullbacks until at least 1.64xx - 1.65xx zone.

Pound Rises to Strongest Since January as U.K. Growth Quickens

I will tell you today at 20:00PM UK time :-).

EUR/USD: Neutral Stage; Cable: Triple Top - JP Morgan

I'm on a shorting stance too - will seek to hop on in the 1.61 - 1.62 zone.

EUR/USD: Neutral Stage; Cable: Triple Top - JP Morgan

Cable at triple top is something spectacular - hard to believe there will be no little treacherous spike upwards :-). The mystery will resolve this or next week.

EUR/USD: Neutral Stage; Cable: Triple Top - JP Morgan

Wonderful article!

Want to get rich? Read fiction

Careful! :-) Cable is full of suprises - just see last 3 weeks. I'm on shorting stance too, but prepared to seek entry also for 1.65xx and 1.67xx.

EUR/USD, Cable: Backdoor Open For A Break Higher - JP Morgan

Cable is pretty much on semi-clutch mode toward rallying :-)

EUR/USD, Cable: Backdoor Open For A Break Higher - JP Morgan

Politicians are always funny (don't make the mistake to think central bankers are not politicians), last week there were opinions how the money printing is not going to solve the economy stagnation - this week everything is bright and shiny again ...

Japan's Kuroda: Positive developments spreading in Japan economy

That is funny...how a trader is different than a speculator!? And what is currency trading if not speculation!?

Lower Volatility In Currencies Favors Traders Over Speculators

Yeah, right :-). There is a huge conspiracy financial force that is targeting the retailers 2k acounts :-).

USD/JPY clears 101.50 barrier, stops go off