He's obviously barred from trading because of his position, and the fact that he gets government's statistics before all market participants...

Cable Update (GBPUSD)

US open for me refers to the US stock open at 9:30 US EST 8:00 is the pre-market open, but that's not really important, as long as we're talking about the same thing...

Cable Update (GBPUSD)

US will open in 50 minutes

Cable Update (GBPUSD)

Not "good" data, just less worse...

Cable Update (GBPUSD)

I said yesterday I believed it was short covering, and today's action seems to confirm it. It's exactly for that reason that all trade planning should be done when market is quiet, to not let the market control us emotionally.

Cable Update (GBPUSD)

I agree, probabilities are not good, needs 84% wins just to break even over the long time. With such numbers your risk of ruin over time is almost garanteed imho.

Cable Update (GBPUSD)

Be patient when postion is in profit, be enormously impatient when position is in loss. We have 4H making lower highs and lower lows. Cable bulls, so far needs to take the 1.9826 high to change the current down trend. First alert would be a cross of ...

Cable Update (GBPUSD)

London (LSE) open at 03:00 AM US EST or 08:00 gmt London (LSE) close at 11:30 AM US EST or 16:30 gmt

Cable Update (GBPUSD)

Be careful with revenge trading, trading bigger in size should not be done because of a previous loss, at least I'm not doing it, when I have a loss I start trading smaller not bigger. Market will still be there tomorrow...there is no hurry.

Cable Update (GBPUSD)

- Small Rebound in oil / gold - Intraday players short covering + push to stop hunting - Bounce on the 4H 200 sma, finding buyers - Genuine uptrend consolidation that will lead to upside breakout (not my favorite scenario, but all is possible)

Cable Update (GBPUSD)

Nothing really surprising, market clearing the range, to prepare for the next move. Range is contracting, the move is coming... and Friday is the last day of the month. But, so far for the last 5 months, cable can't close outside of the previous ...

Cable Update (GBPUSD)

lol, you were faster on this one

Cable Update (GBPUSD)

Lots of data tomorrow, and we kick in with: 2:00am GBP image Nationwide House Prices m/m We could have some movement from this one...

Cable Update (GBPUSD)

Still in shorts, it's not the moment to do anything, sitting on my hands and waiting for the market to do its stuff. Longs still have support at 1.9706 4H 200 sma and 1.9696 the 1H 200 sma, cable needs to cross that to see some selling ...

Cable Update (GBPUSD)

If you have a plan that help you make money then it's all good, otherwise if it's just an ego thing, be careful not to be burnt just to prove you're right...

Cable Update (GBPUSD)

Looks like you get tainted dose of patience, go and buy the original one, it's more expensive but it works.

Cable Update (GBPUSD)

Even if I'm short, I think it's too early to call for a side winning as long as we stay in this 1.9850-1.9700 range, all can happen...

Cable Update (GBPUSD)

There is no problems with longs or shorts imho as long as risk control is enforced... but personally I will keep my shorts

Cable Update (GBPUSD)

Here is some information for you: Gold: the anti-Dollar You can check gold futures if you have access to it, or some fx brokers gives real time gold/silvers quotes too. Just open a demo account, if your current broker don't offer gold quotes.

Cable Update (GBPUSD)