The correlation breaks down quite often. Seems like 175 bps psych level was the sticking point. We are in a small area of demand though. Index futures are down, maybe that? There's some upset in Turkey, they fired the central bank governor. Their ...

Cable Update (GBPUSD)

I think DC was trying to show a donchian channel with fried fish ?

Cable Update (GBPUSD)

Short GU already. May be false break, but dxy filled its gap OUT BE Short from higher up And out BE.. looking more like a breakout up but it's not for me

EUR/USD 15m trendline breakout

Thinking very similar Looking to get short if price can rise up to the circled area Curious if Bailey will start talking about yield curve control now with 10y Gilt yields approaching 100bps, this could cause a huge drop on GU. Both pound and dollar ...

Cable Update (GBPUSD)

Tomorrow, I want to see how price reacts on cable if we reach the circled area. My bias is sell. Levels to watch on dxy

EUR/USD 15m trendline breakout

Excellent commentary coolmakina Expect nothing less from you Have a great weekend

Cable Update (GBPUSD)

Just an example of what i'm talking about Look at the spot dixie turned around, I was talking about this area all week. I waited until this was hit before buying the retrace on cable. Double edged sword though, When that reaction happened (top of 3) ...

Cable Update (GBPUSD)

Powell's face is on my dartboard now

Cable Update (GBPUSD)

This daily TL has been a real tough nut to crack, it's held since November last year

Cable Update (GBPUSD)

I managed to claw back 40 ish pips on the retrace, closed at 0.382 fib. Gotta say- kicking myself after correctly having a short bias, identifying the FOMC move as a run on liquidity, but failing today to execute this plan. Lesson learned, I still ...

EUR/USD 15m trendline breakout

Congrats man, great trading!

Cable Update (GBPUSD)

Took a 10 pip loss trying to buy that area I have to accept that this is Friday and just accept it and come back on Monday Now the 1h TL is broken it's looking like a selling market. Frustrating day!

EUR/USD 15m trendline breakout

Ugh I dont know TBH. I stopped out BE again and bought a bit lower. BE, AGAIN Friday

Cable Update (GBPUSD)

Bought the weekly pivot/5m demand Locked at BE

Cable Update (GBPUSD)

I can see where youre both coming from I think there are cross correlations still, they both influence one another. Obv not a simple 1:1 inverse correlation. I use dxy as a barometer to where cable is going and I know for certain it helps me get ...

Cable Update (GBPUSD)

Finding the market hard to read today. Regardless, I have a buy in from 1.3925 And out BE

EUR/USD 15m trendline breakout

Really? My theory is the futures are traded and can have an effect on GU via algos, just a theory. Decision time anyway

Cable Update (GBPUSD)

Honestly no idea. It's confusing today. Maybe i'll buy around 1.39

Cable Update (GBPUSD)

Preparing to launch

Cable Update (GBPUSD)

Today same as yesterday we're all in 50/50 agreement/disagreement Good, it's forex, this is what I live for

Cable Update (GBPUSD)