Terminal rate increased from 4.6% to 5.1%. That is the reason.

Cable Update (GBPUSD)

Yes, You are right. Most of the banks opinion is "USD weakness is more than its fundamental status". Now it seems time for correction downwards.

Cable Update (GBPUSD)

0.50 BP rate increase and Dovish Federal is already priced in. What will move the market is: Either rate increase is 0.75 BPs Terminal Rate is increased or Decreased. In Presser, Dovish stance is expected because Jobs data is weakening and CPI is ...

Cable Update (GBPUSD)

image Usually price takes a retrace, before following downward move after This sort of CPI Data. This CPI Data is Negative with Negative prevailing USD Bias. It means USD is already taken a deeper correction. In this case price reverses up to 50% ...

Cable Update (GBPUSD)

And you believe that this was the reason of price move. Naked Charts speak louder that these indicators, that draw following the price. These are foot steps of price... Price is KING it goes, where it wants to go... Just observe price, its PA is ...

Cable Update (GBPUSD)

image And this one is Nov 10, Move. (I clearly focus on fundamentals. Fundamental tell clear direction and technical analyses provides best entries). In previous 4-6 Months I have observed to predetermine whether price is going to be Trending or ...

Cable Update (GBPUSD)

image This is how I keep the record of High Impact News and use them for Trading.

Cable Update (GBPUSD)

Good Luck...

Prop Firm Hub

All USD Crosses are facing resistance or support. In this ranging week, YES this could be trap to go long and stopped out.

Cable Update (GBPUSD)

image

Cable Update (GBPUSD)

I doubt that you are applying Trending Market strategy in Ranging Market since 2-3 days. Am I right? Your strategy is not bad, but currently market is not behaving correct way. We should go along with market. Regards

Cable Update (GBPUSD)

Please check the pip value with your broker and then multiply that with pips you earned. Your profit will be there. simple idea.

Cable Update (GBPUSD)

In forex every time a Big truck turns right, another even bigger one is going to take Left. Thats' what happens in forex market. If you follow the price, it will get you to where it is going. everyone one has his own use of the tools. If some works ...

Cable Update (GBPUSD)

I agree with you. I have been struggling with indicators, one after other. Finally I found that I am trying to drive seeing the back view mirror. Indicators can tell you very nicely what happened. But can't tell you, whats going to happen. I have ...

Cable Update (GBPUSD)

Today Luck is with you...Cheers

Cable Update (GBPUSD)

Indicator looks improved... is new one attached in some previous post. Regards

Highest Open / Lowest Open Trade

yes, with tight targets.

Cable Update (GBPUSD)

Well said, He keeps himself engaged even with small capital.

Cable Update (GBPUSD)

You are most energetic person on the thread. Best of luck

Cable Update (GBPUSD)

image How ever Medium Term Trend is changed to Bearish now.

Cable Update (GBPUSD)