i think bears are a little too excited. We are over a hundred pips from Monday's opening, weekly bullish. Maybe some jittery because of Brexit, I am looking to buy dips/lows. Just a lady's opinion.

Cable Update (GBPUSD)

Most USD pairs are softening, but it seems like Cable is still strong? I did took a sell at 1.34, aiming for a break of 1.33. I hope it happens.

Cable Update (GBPUSD)

XXX/JPY should see recovery and gold should fall; as long as Bullard and Bostic doesn't paint doom and gloom.

Robinhood1

We say JPY, Gold and to a smaller extent USD being bought. Let's see what happens after their speeches.

Robinhood1

It could be a demo account, or it could be a real account with many other trade losses. Not saying he is a fraud, but learn to dive deeper.

Robinhood1

Alright, let's see what Bullard and Bostic brings.

Robinhood1

Seems like speculators are not ready to go risk-off yet...maybe waiting for FOMC members' speech in an hour's time..

Robinhood1

Why be impressed by someone who has to mask his lot size?

Robinhood1

Has a possible daily doji though.

Robinhood1

You do realize he also has gold longs...

Robinhood1

I used to get 10 points, but now I get 15-80 points depending on the moment..

Robinhood1

Out.

Robinhood1

SL @ BE.

Robinhood1

Risk off means speculators are wary of poor market conditions and decides to buy into safe havens/fearful. Safe haven assets traditionally used to be USD, CHF, JPY and gold. However, with Trump at helm, USD has been...a little more volatile.

Robinhood1

Japan holiday, might have some residual flows.

GBP/JPY

I believe JPY will weaken, so yep, I believe this will go up.

USD/JPY Discussion

It opened with a slight gap down, fell off another 80 pips, -0.70% for the day. Why would anyone want to sell at this price? Just wondering.

The Swamp

You must be a very brave man to sell lows..

The Swamp

Usually, the more boring the consolidation, the stronger the run up.

GBP/JPY

Good luck to GBP bulls. I am buying it against the JPY first for now, because I believe XXX/JPY are merely doing a retrace and have a leg up soon.

Cable Update (GBPUSD)