I had no option than to make withdrawal of the available balance from my free margin because there is no guaranty that the account can survive the gap, that is why I prefer a broker that allows 24/7 withdrawal chance . That will cushion the effect ...

USD/JPY Discussion

You are very correct , the price will gap up , if you check xe.com , you will see that current price of usdjpy is around 148.18. I am on sell position and this may affect my account

USD/JPY Discussion

I hope you made few pips from ur long positions before it traded down . As for me , I stay put on my short positions on gu as long as DXY stays above 106.00 area. The upward correction on gu today has no effect at all on my positions because I could ...

Cable Update (GBPUSD)

If the spike seen to the upside in gu happens to be a liquidity sweep, know for sure that gu will trade lower. I will not advise going long ATM

Cable Update (GBPUSD)

As long as DXY stays above 106.00 area, I refuse to go long on gbpusd and eurusd.

Cable Update (GBPUSD)

As long as 106.00 support area holds as a support for DXY, I remain dollars bull and that means that my downtrend bias on GBPUSD and EURISD remains in tact . I am already short on GBP//USD. Let's see how market unfolds

Cable Update (GBPUSD)

The price action on gbpusd and eurusd points down but the price really messed up today and many stop loss orders were hit , yet the market structure for downtrend still remains intact . That is the market for you and me but if we do careful analysis ...

Cable Update (GBPUSD)

As long as DXY stays above 106 support area, I remain long on $$$ and that means that gbpusd stands bearish so also eurusd

Cable Update (GBPUSD)

Liquidity sweep plus stop loss hunting for the bears ATM. The downtrend still remains valid

Cable Update (GBPUSD)

Market structure ATM is not favorable to long ( though anything is possible in forex trading) . If 1.2440 support area is violated, the next bus stop for the bears is 1.2330 area

Cable Update (GBPUSD)

Market structure ATM is not favorable to long ( though anything is possible in forex trading) . If 1.2440 support area is violated, the next busy stop for the bears is 1.2330 area

Cable Update (GBPUSD)

The uptrend you saw is what is called liquidity sweep and that has nothing to do with a change in the downward bias . The downtrend remain valid as long as 1.2530 holds as resistance

Cable Update (GBPUSD)