So what is driving the PA atm? These are - geopolitical risks. WTI and DXY. Fundies data does not always have a role to play, sometimes there are over-riding issues at work. We will see what the US traders do with it all in another hour from now

Cable Update (GBPUSD)

Predict vs follow vs guaranteed TA. Every time anyone enters a trade, whether it's FX, Indices, Stocks, we are ALL "predicting" that the PA will go where we expect, regardless of the underlying assumption or rationale we ...

Cable Update (GBPUSD)

A GU case study across impacting pairs and time-frames. Not liking the ma crossovers on GU 4 hr. Does look like more south to come. Geopolitical tensions likely to dominate next few days. Interesting EURUSD chart (and a few other pairs) have ...

Cable Update (GBPUSD)

The evil bots are at it again, buying NAS, selling DJI. Meanwhile the S&P is jammed between the PA for both. Currencies likely to stand still or channel tightly while equities slug it out and market decides what to do with ...

Cable Update (GBPUSD)

Thank you lovely man. You're a darling. We own the NL West ! Woohoo the Mets got a wild card Totally off topic I know, but Twee will forgive me.

Cable Update (GBPUSD)

None of the other "watch" pairs look good for cable long

Cable Update (GBPUSD)

Yw. Timing matters so much, aka liquidity and sentiment. Data fits in there somewhere. But TA rules the trading universe, imo. Mea culpa, and those f*cking robots. You notice how they've been doing a double act on NAS and DJI? If selling NAS, they ...

Cable Update (GBPUSD)

If you don't have one of these sitting on your desktop, you need one. Free download, you can set it to 4 different time zones. Scroll down to the "Free Download" url

Cable Update (GBPUSD)

OK next checkpoint for cable longs is 7am US ET when US traders hit the floor. Cable is their love child. Europe will party until the bigger fish turn up. That south traffic on cable and north traffic on the EURGBP cross kicked in right ...

Cable Update (GBPUSD)

Wait for the London fixings in 30 mins (if looking for a long entry). Then see what cable does, look for confirmation. Keep an eye on EURGBP cross too - at resistance.

Cable Update (GBPUSD)

Triple Witch Friday US time. Up traffic on indices likely Thursday and half of Friday followed by rapid sell. Effect on currencies, unknown.

Cable Update (GBPUSD)

They'll let Kamala have her moment in the sun thinking she's a shoe in. But the real horse trading will be going on behind closed doors and in dark hallways. The final ticket very likely to be Newsom #1 and Michelle Obama for VP. Youth, experience, ...

Cable Update (GBPUSD)

Interested in shorting WTI but so NOT liking the ma activity below, too many bullish crossovers. Price flirting with the 61.8 fib (higher time frame chart).

WTI Crude Oil Trading

Keep it simple. SCALPING 5-10 pips INTRA-DAY 20-30 pips SWING TRADING 40-60 pips POSITION TRADING 100-500 pips Just look for support and resistance levels and place stops appropriate to your style of trading below or above last point of support or ...

The best idea for stoploss?