I think so, loading up the buys for the next dip, possibly 1.3950ish

Cable Update (GBPUSD)

2 cable buys, first stopped out -15, next rebuy was based on the retest of a wedge on dxy, gave me a great +60 pips

EUR/USD 15m trendline breakout

Cheers! I'm focussing a lot more on cable these days, I was exclusively Euro before but this is giving better paydays. I'm interested in buying the next dip in cable up to 1.4050ish Maybe dxy will go to retest pivot then drop again

Cable Update (GBPUSD)

Happy to get out of my last trade with a profit. Where are bears thinking of selling from next? Trying to figure it out, I think dxy will want to break the last low so Euro may rise to 1.2140-50. Keen to hear opinions. We're in a rising a parallel ...

EURUSD only

Cheers, tbh it was right after a 15 pip loss though, I had to think quick !! Screw it, took 60 pips/6xR May re-enter lower

Cable Update (GBPUSD)

Theres my lovely bulls Going to hold this past 1.40 I think

Cable Update (GBPUSD)

Yea i'm losing confidence in it. i'll take BE if it goes back there and re-evaluate. The UK govt debt is being rebought after the budget, I think Sunak was trying to calm the bond market a bit so they can keep borrowing cheap. Again this is going to ...

Cable Update (GBPUSD)

Hmm oh well. I actually see that as a retest of the wedge on dxy. I bought 1.3920 as I still think cable has to go up a bit. Stop to BE asap as usual.

Cable Update (GBPUSD)

In the morning I thought a clean drop from 1.40 But as DXY is in an ending triangle/wedge I think It wants to do a final push down to its 0.5 fib GBPUSD also towards 0.5 fib, earlier posters were saying up to 1.4050ish and I now think this is poss. ...

Cable Update (GBPUSD)

Hahaha. Deserved to be called out on that I bought at 1.3953 so I think it's a pop for now. Getting my stop to BE after the lift off, if it happens. Betting on the dxy breaking this rising wedge. I think it has one final push down to complete, so ...

Cable Update (GBPUSD)

Seeing a rising wedge on dxy and falling on eur. I can't now rule out another push up before down so if it breaks which it looks like it will, i'll take my small profit and wait exited at 1.2049, will sell higher

EURUSD only

Seeing a wedge develop on dxy and eur, can't rule out one more push up on cable now tbh. One more higher then down possibly. My bad Still consolidating in a triangle so a breakout here will provide the rest of the days direction I note we are ...

Cable Update (GBPUSD)

Thanks for this analysis, very good Do you see dxy going up to the extension level indicated on this wave, 91.85ish?

Elliot Wave Analysis

Finally my trade is 25 pips in profit from yesterday. Going to let it run to the 1.1900s Exited at 1.2049 so 15 pips. saw a falling wedge on euro and rising on dxy which was the early warning of a bullish move

EUR/USD 15m trendline breakout

We had a discussion about this late last wk/over the weekend Unprecedented situation in US govt fixed income, people dropping it like its hot. Yields on a tear If it was simple as buying the Euro every time markets were risk on we'd all be rich

EURUSD only

Congrats everyone who got positioned accordingly dxy on its way to break the last high before long

Cable Update (GBPUSD)

Triangle consolidation for now probably

Cable Update (GBPUSD)

Alright- finally in profit more or less! If i'm right then we should have a nice drop down, assuming we dont rebound significantly off of the megaphone wall I don't think i've ever been so happy to see the Euro drop like this

EURUSD only

1.40 could easily have been the top folks, hopefully seeing DXY start its 3rd wave up now. GBP yields falling back as long gilts found some support, as always trade your own plan its just what I see, I'm just a scalper so don't really call out big ...

Cable Update (GBPUSD)

This is similar to my plan, I think we have to at least test the low there, then the bottom of this channel around 1.1900, then possibly even the weekly demand around 1.1883-1.1745- not beyond here though. I'll be looking for a long term bull trade ...

EURUSD only