Today is going to be very unpredictable with thin volume, but I have a profit target at the R1 pivot around 1.5475. Got my position at b/e and going out for the rest of the day Don't want to get caught in knee-jerk reaction trades.

Cable Update (GBPUSD)

Sorry to rain on the parade. Its going up.

Cable Update (GBPUSD)

not just yet, we gotta listen to Obama now!

EURUSD

Dont forget, pre-budget speech in 25 minutes!

Cable Update (GBPUSD)

This euro is getting so volatile, I may have to trade the gbpjpy instead!

EURUSD

If you have done good analysis, have a well thought out trade and are confident with it, then stick with the position. If on the other hand, you realised you missed something important during your analysis, then look to scale out of the trade on ...

Cable Update (GBPUSD)

I think we wont get real direction until after the FOMC. Look at the euro, its stuck in an ever decreasing triangle!

Cable Update (GBPUSD)

I would love for everyone to post on here every loss and every win. Oh, and also to call trades before the fact. I think that would soon clear things up Trading is so easy in hindsight.

Cable Update (GBPUSD)

Just read the article and I got to say, I dont think this move up in the £ is broker manipulation. A quick spike to take out stops, yes. A move like this, no!

Cable Update (GBPUSD)

and everyone is clueless how to play this triangle!

EURUSD

Nice post wschweit. I too think the fundamentals and longer term trends are important.

EURUSD

I think vorschlag just means the dealers will clear out all the stops before taking it lower. A bit like at the casino when the croupier rakes away all your chips

Cable Update (GBPUSD)

Not blaming the brokers or banks. We have to be aware of them manipulating the market around news, that's all.

EURUSD

Possibly now the brokers have stopped the gullible, we can continue the rise above the daily pivot.

EURUSD

Yeah, but no, but, I didn't even go long!

EURUSD

Which one is it going to be?

EURUSD

It will retrace at that point (previous high) and then maybe continue to 1.2995.

EURUSD

Thanks Athahira. I scaled at 36 pips and locked the rest at b/e

EURUSD

Wake me up when its time to go long, but for now, the trend is short, so I'm short.

EURUSD

They're gonna kick their toys out the pram, when they see weve taken euro short without them. I think we'l get a pullback.

EURUSD