here is what I see for tomorrow
1.9600 area
bottom of down trend channel + Fibs + weekly and monthly pivot.
1.9600 area
bottom of down trend channel + Fibs + weekly and monthly pivot.
Why is GBPUSD called cable? 67 replies
Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
cable short for gbpusd? 6 replies
Dislikedstick to your trading plan, have your stops/limits predetermined before you even think of entering a trade. dont be to too concerned with where the market is going (you have zero control over that), only be concerned about about what u going to do when it gets there (you have 100% control over that). learn to think in probabilites and risk reward, slowly build up your trading edge and confidence. im still in the early part of the learning curve myself which is profoundly steeper that you might imagine.Ignored
DislikedAlpari UK Close 19733, Open 19732
Such big differences shake one's confidence in the method of entry...
Anyway price has penetrated upper Target 1 19757Ignored
Dislikedtook the ride down from 9778 to 9678 for exactly 100 pips in abt 5 hrs...:-))..Ignored
DislikedHi Ns,
I am new into all this, but I have been following these thread around 2-3 months, and have read yours many times. Good work.....I must say. I would like to ask your standing on this matter.
Today GBP went higher to about 9750......from 9683... Where do you judge it will move later, before and after the BoE news
Thanks.Ignored
DislikedYou must be kidding. Because if I would loose my 4 trading I would definitely go back to demo for at least 3 months.Ignored
Dislikedwhere is every1 did every1 lose money or something....i got stopped out ..bloody forex, i still thinking down..but knowing my luck we will go back up..
ihave practically blown my forst account.....if i lose this trade then im back to demo for 6 monthsIgnored
DislikedYou cant go back to demo, not the same as live. Rather use 1 mini lot to trade but do it live. Live is the only way to learn. I have blow 3 accounts of $500 each trading min lot. I then left trading for 2 weeks did not evevn look at the computer. When I came back my head was clear and I was positive. Now I am finaly getting ahead after 1year learning. Keep it live and good trading.Ignored
Dislikedactually im thinking maybe we starting to stall up ..but yes actually i dont know why but just havent been in sink with this currency all week...i lost £450 so far and placced a short to go toward 1.94..
if it fail im on demo, i need to get better at trading...ive lost the plot and gain more knowledge
yes we have a rising trendline on 1 hr chart and price likes that line ...it possible that will happen..might go to 1.9785 then back downIgnored
Dislikedguys this is only money and please do not see anything granted as I was told that if you confident in your trade then you have 100% control. Plus you saw yesterday night tight range between 1.9648-1.9703 for 8 hours then in London opening it got up for few hours then it dropped back to 1.9680's range where I entered into the trade with Short but because of Euro went up so GBP went up to 1.9800. Actually I think GBP/EURO are brothers. But tomorrow morning it is interesting to see their fight because one is expected rate cut and another one is expected no rate cut.........Ignored