**But never quote my fundamental knowledge, as I have none really. I moreso understand the broader concepts. I am more of a technical trader as you could probaly tell from my charts.

Cable Update (GBPUSD)

Stronger dollar across the board. This is only as it pertains to the global economy. If banks start to show weakness again, people will flock to a safe haven for their money, and that's cash, USD cash, which will increase the price of the USD much ...

Cable Update (GBPUSD)

Wait for the slightest bit a bad news. The DOW, amongst other things, will drop like rocks.

Cable Update (GBPUSD)

Going to wait and see which direction she chooses!

Cable Update (GBPUSD)

Thanks! .. Not looking to take it yet. Risk is going to be too high and I don't like that!

Cable Update (GBPUSD)

I hope so too. Dont risk too much on a short. It seems to be in between some larger levels so it could go either direction before actually choosing a direction.

Cable Update (GBPUSD)

No gaps. Well .. now that I look. Eur/JPY gapped up and GBP/USD seems to be right where it left off.

Cable Update (GBPUSD)

If price is not actually gapped down as much, I would like to sell at the highs (near the price you indicate), only because I would we be taking a short at resistance, not because I favor any particular direction now. I do and I dont believe this ...

Cable Update (GBPUSD)

Heres a graph I just came across comparing US job losses in all recessions, including the current. url

Cable Update (GBPUSD)

Im pretty sure we can see some downside move. There is always some sort of a correction. We just can be picky on how deep that correction is.

Cable Update (GBPUSD)

Here is some basic analysis. G/U seems to have approached some significant resistance (or soon to be). Will this prompt a pullback? We would expect, but to where? The trendline? A lower support zone? The 3500 lows? Who knows.

Cable Update (GBPUSD)

Well, if you think about it, for those of us wanting to go short, a gap up would be incredible .. seeing as someone bought after a larggge rise in price. Now if we gap down, then obviously the gap should fill, and then prompt more selling (usually ...

Cable Update (GBPUSD)

Gap down, pullback, and shortttt

Cable Update (GBPUSD)

Wow... thats no fair! I was really hoping for the slightest gap up to set up a short! Damn them. Heres a good article to read. url

Cable Update (GBPUSD)

What a week! Shit this is crazy eh. What to do, what to say. Who knows! We had some good shorts this week, and some longs. Tough life in forex eh. Hmm. I realized this week my strategy needs some tweaking. I gained, but almost took a position that ...

Cable Update (GBPUSD)

I was looking at the CAD trade all week and started buying 1.170 and closing because NFP scared me. I like the zone you indicated ... Some indication from the weekly close that we are bought up off this level would be nice.

No Brainer Trades

Here it is in MT4.. I saw it in your accucharts as well.

james16 Chart Thread

In regards to "why here" .. Look to the left, theres a gap. 5150.

james16 Chart Thread

I am favoring the downside based on the double top and break of trendline. If you are familiar with candlesticks, there have been some nice bearish signals in that past days, including today. Have a look. This is a 4-hr chart similar to the above ...

Cable Update (GBPUSD)

And then this ... url Two views in this pair.

Cable Update (GBPUSD)