Missed it first time but bulls do have this pretty beastly supply zone to deal with and they don't seem too keen to take it out currently

Cable Update (GBPUSD)

To be fair, it's really struggling with this level, despite DXY crashing like a rock. This is normally not a good sign for bulls. Wait and see.

Cable Update (GBPUSD)

It's talking, i'm listening

Cable Update (GBPUSD)

Ihlas I wondered if you could share some analysis to back up your assertion. You were bang on the money with 1.3825 so big respect. Just so that us beginners can learn. My plan is still to add longs as we rise but I'm wondering what I'm missing. It ...

Cable Update (GBPUSD)

Not too late to get out with a small profit. I'm bull all the way up to break the last high.. could be wrong obviously. It is Friday. Could be full of bull.

Cable Update (GBPUSD)

Just waiting for dxy to clear 91, then blast off for cable? url

Cable Update (GBPUSD)

Nd10 An example on the 1m TF what I expect on the daily TF. W pattern, fib retrace leg, higher high. Of course its a lot scrappier on 1m still works though url url

Cable Update (GBPUSD)

Sang.Real, hope you're well buddy. I was just wondering what price action confirmation you use for entry on your levels. Is it price action, candlesticks, etc? Looks like we're on the same side which is always reassuring

Cable Update (GBPUSD)

Cool, got the reaction I wanted. Locked in already. Will buy a couple more on the way up, either that or get stopped out BE. Godspeed bulls With my luck this week however it will crash down to 1.38 url Edit-out already, lets wait and see what ...

Cable Update (GBPUSD)

Careful buddy. DXY is setting up very bearish. That 91.3-91.4 zone has good confluence and has resisted strongly twice. The daily upper TL is also holding. Could be wrong.

Cable Update (GBPUSD)

Good reaction from the zone, so looks like the beginning of the bull wave for completion of the W for a higher high Of course, I was stopped out of my long at the bottom, and now struggle to see a way to get in long. One thing to spot these things, ...

Cable Supply & Demand Intraday

Yea, the completion of it is a retrace to neckline/fib level and then a higher high, at least that's what i've observed. Usually quite reliable, works on all TFs Yea it's one thing to spot these things and form a view its another thing entirely to ...

Cable Update (GBPUSD)

The zone is holding, could be the beginning of the final bull leg of the W, ie higher high I have completely missed the mark all week with HTF direction though, or at least, not been able to execute on it properly

Cable Update (GBPUSD)

They always do this eh? Bounce the ADR then come back for the stop. I got stopped BE but took it long again. I'd love to know the mechanics of what's going on behind the scenes here. Maybe it's a conspiracy to raise peoples blood pressure and piss ...

Cable Update (GBPUSD)

Expectation and reality do not always align. Welcome to the markets, anything can happen A less obtuse answer would be, we're currently seeing a US treasury sell off so the dollar is strengthening currently. How long for we'll have to watch and ...

Cable Update (GBPUSD)

Where are you targeting? I'm considering if this could be the weekly low.

Cable Update (GBPUSD)

In a cable long from 1.3830. ADR and s3, plus in the fib zone from my daily pic. Hopefully this is the weekly low

Cable Supply & Demand Intraday

ADR and S3 hit. Bear show should be over now. I triggered my long after seeing a reaction of S3 1.3830

Cable Update (GBPUSD)

I gotta look at between 1.38-1.3838 down towards the daily demand area for buys now. I admit I jumped the gun and got impatient looking for buys higher up, got my bias wrong and subsequently missed out on selling entries. We were reacting off of ...

Cable Update (GBPUSD)

Well, slightly down on the week still. Missed out on todays selling. My bias was long for the last two days which I got horrendously wrong, and completely overlooked sell trades. A mindset shift is needed. We were reacting off of daily supply so ...

Cable Supply & Demand Intraday