DislikedThese dip buyers are waiting at every opportunity to jump in long. This news is only providing that dip. I don't see a 200 pip drop so I'd be very careful shorting here.Ignored
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Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
Why is GBPUSD called cable? 66 replies
cable short for gbpusd? 6 replies
DislikedThese dip buyers are waiting at every opportunity to jump in long. This news is only providing that dip. I don't see a 200 pip drop so I'd be very careful shorting here.Ignored
Disliked{quote} Question is, if they are stronger than sellers who are waiting for the second opportunity to short it.Ignored
Disliked{quote} Smart money are waiting for good opportunity to reload longs. I don't know who shorts but those are usually the ones paying for the smart money. It's happened time and time again when news provide a spike against the trend, then smart money comes in to push price with the trend. It's easy money if you can spot it. I think we're still going up to 1.27 area today. I don't see any sign of a reversal to short yet. Daily and Weekly charts are down but 4H charts and lower are still going up.Ignored
Disliked{quote} The other scenario can be that smart money are waiting for the opportunity to reload shorts at 1.25 because we know how they love whole numbers and they also decided after late NY yesterday its a dollar bullish day. It's happened time and time again that we see a spike almost fully retraced only to be restarted again. We'll see.Ignored
Disliked{quote} Smart money are waiting for good opportunity to reload longs. I don't know who shorts but those are usually the ones paying for the smart money. It's happened time and time again when news provide a spike against the trend, then smart money comes in to push price with the trend. It's easy money if you can spot it. I think we're still going up to 1.27 area today. I don't see any sign of a reversal to short yet. Daily and Weekly charts are down but 4H charts and lower are still going up.Ignored
Disliked{quote} main reason for the sell off, scottish referendum 2.0 might be in the makingIgnored
DislikedUsually don't trade the GBP but caught the news and took the short drop at 1.2515 all the way down and closed TP at 1.2443 with a nice 4 lot trade. Happy happy.Ignored
Disliked{quote} Hey Dean, I am in Alcaidesa on a trading course. I think you are probably a couple of hours away. I believe it is snowing up there? First I've looked at the forum since I've arrived. Don't know how to shout on the forum. I am here until Sunday. Course finishes on Friday.Ignored
Disliked{quote} HEY WD here is an mq4 version of the daily opening price - depending on which broker your using this can vary. (Always remember to read the instructions before opening carefully lol ) {file}Ignored
Disliked{quote} What is the daily range for you, the high and low of the previous day?Ignored
DislikedBy the way Fontu, here is the right way to trade a double bottom: {image}Ignored
DislikedPrice moves down to the support line to the point of 1.24212. I suppose that the price reaching this point will go up to the point of 1.25085. {image}Ignored
Disliked{quote} I'm a new trader, do you mind telling me why it's better to go long at the top rather than bottom? Thanks palIgnored
Disliked{quote} The other scenario can be that smart money are waiting for the opportunity to reload shorts at 1.25 because we know how they love whole numbers and they also decided after late NY yesterday its a dollar bullish day. It's happened time and time again that we see a spike almost fully retraced only to be restarted again. We'll see.Ignored