It's picked up a bit now and so has E/U but this fall in E/G and E/U is due to Super Mario's press conference

Cable Update (GBPUSD)

As I mentioned B4 there is a Option due to expire 10.00am NY time @ 1.3000 for 433 Million so that could be supporting price, I mean who would like to lose 433 Million Dollars?

Cable Update (GBPUSD)

Another buy trade @ 1.3019, sold @ 1.3037 so covering my trade @ 1.3045

Cable Update (GBPUSD)

We have Mario Dragi's conference in 20 minutes, that might shake up things either way....

Cable Update (GBPUSD)

I'm 20 pips away from my buy and not concerned as Cable takes no time at all to cover 20 pips, I'll feel pressured if Cable starts dropping closer to 1.3015 then will have to look at doing something if I haven't already Also closed 1.3024 just b4 ...

Cable Update (GBPUSD)

ECB wants to normalise rates so be interesting what they do but there's been a heck of a lot of negative data come out recently so hard to imagine a raising of rates today, traders will be looking at Mario's press conference later for direction..... ...

Cable Update (GBPUSD)

That looks like a good area to buy, I have a trendline going thru there from a previous post but make sure you do your own analysis...

Cable Update (GBPUSD)

I just missed my closing that's all, not concerned really where price goes, I'm looking to capture a 30 pip move on the day somewhere to make my 5%, if I can..... Some say 5% a day is not possible but won't know if I don't try....but even a weekly ...

Cable Update (GBPUSD)

Yes there are quite a few financial houses saying similar things as No Deal Brexit looks like it's of the table now, could pull back to under 1.3000 in the short term thou

Cable Update (GBPUSD)

I'm asking because I'd like to understand your reasoning there???? I have 2 longs atm 1.3024 and 1.3045 so I think it's going up, also with option expiries in the market I believe Cable is being supported to not drop to 1.3000 but could be wrong on ...

Cable Update (GBPUSD)

I don't intend to offend just asking an innocent question, that's it

Cable Update (GBPUSD)

Yes I deleted it.... what I said was if you buy now below 1.3027 you expect it to climb?

Cable Update (GBPUSD)

Option expiries today could be keeping a cap on price movement, notable one on GBP @ 1.3000 Call option they are going to want price to remain above 1.3000, put option below url

Cable Update (GBPUSD)

I don't think God(who ever that is) trades complex financial instruments, so doesn't know either.....LOL Euro is getting closer and closer to 1.1338, be a nice short if it breaks, or could be a bear trap......

Cable Update (GBPUSD)

Euro @ 1.1338 support too, if breaks Cable will be dragged down as well, if holds yes I can see it climbing back over 1.3050.... Maybe all negative news for Euro priced in now??? If breaks 1.1338 could see quite a fall for Euro....

Cable Update (GBPUSD)

Little late but buy at 1.3045 wanted to buy @ 1.3032 but held off due to news...

Cable Update (GBPUSD)

It could go lower but 1.3032 is where I'll be placing a buy order if looking good for more upside in early trading, continues lower then buy in around 1.3000, dependent on Euro news imho As not very good with sell orders missed the oppotunity just ...

Cable Update (GBPUSD)

DAX futures has opened......volatility assured lol Lots of Euro data out in next hour, will set direction for the day I believe.....

Cable Update (GBPUSD)

Hail to the King Baby!!!! Called it yesterday, an instrument can only bottom feed for so long B4 it picks itself up of the floor....I was just 4hrs early A rise in US eqities means flight of money out of US dollars and into riskier instruments, ...

Cable Update (GBPUSD)

Bruce Lee called it 45 years ago.... don't think FEEEEEEEEEEEL He's using the Kung Fu student for an example but was recognising the struggles retail FX traders were going to experience...amazing he could look so far into the future....LOL "We Need ...

Cable Update (GBPUSD)