Cable Update (GBPUSD)

Quoting Catempire

Disliked

Pipfarm that's hilarious. "As far as i am concerned this is a win for the bulls, once a new high is made the analysis can be classed as correct" Some people really hate to be wrong eh... lol

Ignored

Quoting Headland

Disliked

{quote} ...well, in an interbank (non exchange 24hr) market like forex there is no 'official' open but it is recognised in the city (the centre of world forex trading where most volumes are transacted) that 0630am/0700am London time IS known as the London Forex Open. I spent 17 years trading forex in the city (and other asset classes when I moved to a hedge fund from a bank,) so I think I might know this . And yes, the traders at city desks tend to live in London, or easy commute to it for the early start.

Ignored

Quoting pipfarm

Disliked

As far as i am concerned this is a win for the bulls, once a new high is made the analysis can be classed as correct, where it goes from 3400 that is another matter. Just shows fundamentals in forex are not tradable as forex is an unregulated market unlike stocks. Unlucky bears or should i say bad analysis. {image}

Ignored

Quoting pipfarm

Disliked

As far as i am concerned this is a win for the bulls, once a new high is made the analysis can be classed as correct, where it goes from 3400 that is another matter. Just shows fundamentals in forex are not tradable as forex is an unregulated market unlike stocks. Unlucky bears or should i say bad analysis. {image}

Ignored

Quoting OnlineAddict

Disliked

{quote} Again, the fact that you came early to your job, doesn't mean it was London open...major London volume starts at 8am. I was trading Tokyo while being in NYC, I didn't call it NY volume because of that.

Ignored

Quoting pipfarm

Disliked

{quote} Its not about being right or wrong as my positions were fully covered with my risk% and even a loss would not of affected my account to any great degree. I have been trading these markets successfully for over 15 years and know how they work, i have never ever in those years had to use fundamentals , with great respect to your skills in trading stocks using fundamentals and by your own admission you have limited expertise in technical analysis but you came here to tell us that without considering fundamentals our success would be limited,...

Ignored

Quoting Maximumheigh

Disliked

Buyers congrats! Nice move up. I am still bearish bias until a break of 1.3405 to the upside.

Ignored

Quoting KiwiTrada

Disliked

{quote} luck does not figure in forex, bad analysis is only proven bad once it has failed, it has been bullish run into strong resistance obvious for all to see, obvious also that resistance will be defended, bulls should have closed prior to hitting resistance, bears opening, no rocked science needed, so who has actually made bad analysis, market is still in play bulls attacking bears defending ????

Ignored

Quoting nessus94

Disliked

{quote} U were looking at 1,29 then 1,30 now 1,3180 ? if we go to 1,37 you short for 1,35 ?

Ignored

Quoting KiwiTrada

Disliked

{quote} luck does not figure in forex, bad analysis is only proven bad once it has failed, it has been bullish run into strong resistance obvious for all to see, obvious also that resistance will be defended, bulls should have closed prior to hitting resistance, bears opening, no rocked science needed, so who has actually made bad analysis, market is still in play bulls attacking bears defending ????

Ignored

Quoting KiwiTrada

Disliked

{quote} luck does not figure in forex, bad analysis is only proven bad once it has failed, it has been bullish run into strong resistance obvious for all to see, obvious also that resistance will be defended, bulls should have closed prior to hitting resistance, bears opening, no rocked science needed, so who has actually made bad analysis, market is still in play bulls attacking bears defending ????

Ignored

Quoting Ehsank78

Disliked

Have the bears arrived?

Ignored