Note, Gilts are being snapped up today off the back of the budget news. Yields are headed down so cable has a bearish bias Dollar sitting on 1hr supply, if it breaks then could drop quite a bit

Cable Update (GBPUSD)

Zone held for now, now we have a double top/M GBP selling pressure- any uptick on dxy causes a larger downtick on cable

Cable Update (GBPUSD)

Looks like equity futures are heading up and the dollar down, no positions now but expect up first but look out for selling pressure in this zone Watch dxy in the first green area might find some buyers

Cable Update (GBPUSD)

I hear you but consider: -The stimulus is not a surprise it was widely expected to pass so the information may already be priced in. Remember the event in US Treasuries which is dollar bullish -Most of the Budget statement is leaked in advance but ...

Cable Update (GBPUSD)

It did a bit, but i'm waiting for lower for my next buy, its highly likely I think to make it down to 1688 now. Just watch the dollar it's looking bullish

Cable Update (GBPUSD)

Looking for a Gold buy around 1680-88

EUR/USD 15m trendline breakout

Hey, yea i reckon we could see a sustained dollar rally. We'll see on Monday but I expect indices to get hammered next week, based on what's happening in fixed income. If it does then we could see sustained bear mode on Euro. We are reacting off of ...

EURUSD only

It for sure is hard, you actually have to first get over the hurdle of being consistently profitable. If you make it that far (few do) then it becomes 'simple' but not before a lot of groundwork, hard lessons, lost money, screen time and grind.

Cable Update (GBPUSD)

Month in Review I haven't had a good delve into my figures for this month but, based on my balance it has been a really terrific month. I'm very happy with my progress and development. I have really put the hours in this month, spending 12-14 hours ...

EUR/USD 15m trendline breakout

Shorted cable here, couldnt resist, stop to BE Just 10 pips from this one

EUR/USD 15m trendline breakout

Can you explain this a little more, don't think i've heard of this?

EURUSD only

Thanks for the heads up. I got taken out BE.

Cable Update (GBPUSD)

Bought gold at 1728.. crazy drop

Cable Update (GBPUSD)

Yea I did agonise over it, was watching the PA on dxy during that false break. And we had that 4h TL that was my red line. Just instinctually I felt it would pull back as I've watched similar scenarios play out. Got lucky I guess. A lot of this ...

EURUSD only

Just closed for 5 pips. Broke my rules and widened my stop loss, but i figured it could reach one of those supply levels on DXY Eurusd really not delivering the goods for me lately, or maybe it's just my crappy trading

EURUSD only

Just closed for another +65 Great day I guess first target for bulls is that new 1h supply 1.4000-4020ish, not gonna be greedy though

Cable Update (GBPUSD)

Cool, sorry thought you were asking opinions on taking it as a trading signal

Cable Update (GBPUSD)

You'd need a stop loss probably in the thousands of pips to trade a chart pattern on that TF, just IMO. Plus they can fail, on those kinds of TFs anything can happen in the world that could change the direction of things. Like that pre-brexit wedge ...

Cable Update (GBPUSD)

We'll have the dollar direction momentarily, dxy compressing into a triangle. There is selling pressure at these levels, and treasury yields have dropped off a bit. Could go either way

EURUSD only