Meh, starting to come to the conclusion I should have just held short instead of trying to time it

Cable Update (GBPUSD)

Just waiting to see if 93.2 resistance becomes a top (temporary or otherwise) for dxy. If it holds GU can pop, if it breaks we continue bearish. It's hard to say, the dollar has been very bullish I'm reluctant to confidently call any tops.

Cable Update (GBPUSD)

Wouldn't mind seeing 1.3840-70 to test the descending daily TL before crashing

Cable Update (GBPUSD)

Watch out bro DX at the top of a 4h/daily wedge, divergence showing, also at a key horizontal level. Can see some bounce here... but will be temporary before more down later in the week imo. Also GU seeming keen to fly whenever DX pulls back

Cable Update (GBPUSD)

Eur bulls starting to show signs of life. DXY is in a big daily supply area around 93-93.5 and starting to show some reaction. Watching closely now starting to think about scaling in buys

EURUSD only

Cashed in shorts, maybe a bullish kick soon DXY is the early warning Decided to watch for long EU as it has a bit more of a clear case imo

Cable Update (GBPUSD)

Might close shorts soon. I want to see if this small symmetrical triangle and mini 5m demand zone holds. Why ? DXY in an untouched supply zone and Euro inside daily demand so cable might follow along and have a bullish kick before more down. I'll ...

Cable Update (GBPUSD)

Well, this area in DXY is pretty important. 93-93.5. So, I'll be watching out for any dollar weakness here.

Cable Update (GBPUSD)

Added more short on the last pump up. EURUSD is now in my daily demand area so watching carefully for any USD weakness. All is well for now tho

Cable Update (GBPUSD)

Similar to you guys I have 1.16975-1.17459 marked out as daily demand to look out for a momentum shift upwards. This area was created towards beginning of Nov. I have to stress I don't think it's a good idea to buy into spikes down wait for some ...

EURUSD only

Similar. Holding short from 1.3837 been adding bits to it on the way down. Trying to figure out TP still. Expecting down until the Eurodollar hits around 1.17, where EU might bounce. This will give dxy a drop and cable should get a bounce then. ...

Cable Update (GBPUSD)

Just saw this post--sorry I totally agree with Helios' interpretation of the COT. We are interested in the dynamic element IE the CHANGE in positions, as short term traders. You don't know where the net longs are holding from, so the 'stock' of ...

Cable Update (GBPUSD)

There was a fairly obvious spot to TP and maybe reload higher up but I was in a 'sell and hold' mindset today There is some 5m supply around 1.38 FWIW I reloaded some more short and will set stop to BE soon. Bears might get a nice red daily spinning ...

Cable Update (GBPUSD)

TBH, it can do another leg up and break the high before down. I don't do wave counts or anything like that. I'm primarily a scalper. TP if you're nervous I'm just watching, I think if it holds below 1.38 i'm fine but above I'm out To me it's ...

Cable Update (GBPUSD)

It's testing my patience too

Cable Update (GBPUSD)

Didn't notice that-excellent!

Cable Update (GBPUSD)

Still thinking but I believe we will break that last 4h swing low either tonight or tomorrow. Following the daily trend. Thinking around 1.36 or lower honestly. What are you thinking? See how things play out obviously but the vigour of the drop is ...

Cable Update (GBPUSD)

I added to my short on that little pullback up at 1.38, fully loaded bear We are on a 1h TL and 4h area of demand so lets see if there's any bounce here or no

Cable Update (GBPUSD)

Yea won't be long before we blast through 1.3700

Cable Update (GBPUSD)

Thanks for the comments man! Keep posting around, I can tell you're a mine of information! Trying to figure out what thread to do next. Maybe a swing trading focussed thing. How to do scalp entries with swing targets (which is what this last short ...

EUR/USD 15m trendline breakout