Yeah- it is kind of weird and backwards. Its because less people want US government debt, and because of that you get a higher yield it which attracts people in/creates more demand. Also, this has spooked the market quite a bit, so people are coming ...

EURUSD only

I took 30 pips, switching back to sells based on the treasury yield situation

Cable Update (GBPUSD)

Awesome, man, congrats

Cable Update (GBPUSD)

Hey, yea. In a nutshell, the US govt tried to auction debt instruments today and it went badly, there was very little demand. Normally there is a high demand for US treasuries. This is important because there has been a sell off going on for a few ...

EURUSD only

Keep an eye on the dollar folks, this is pretty huge for fundamentals. Treasury yields exploded today. https://www.zerohedge.com/markets/tr...ing-7y-auction

EURUSD only

So, there was a seismic event in Treasury yields- I think a 7y treasury auction went awry and yields spiked across the board on Treasuries. 10y surpassed 1.5%. This is pretty huge and will have big implications for the dollar.... watch carefully. If ...

Cable Update (GBPUSD)

Bears, can you share your reasoning/analysis? I'm bullish but like having my views challenged, keen to hear the other side

EURUSD

Hit my level perfectly heh. Made back my morning loss and way extra today, redeemed myself somewhat

EURUSD only

Elliot wave people- could that be considered an ABC correction and back to bullish? Or beginning of a downtrend? Whats the feeling? GBP yields still very high and DXY should be continuing bearish... Don't know much about EW, never implemented it but ...

Cable Update (GBPUSD)

Could get a very decent retrace based on the ABCD

Cable Update (GBPUSD)

Made about 150 pips, now long from 1.4000

EUR/USD 15m trendline breakout

ABCD complete at 1.4020, lets see if we get some retracement Edit- bought at 1.4000. Round number, S2, 4h demand/TL, stop to BE ASAP I LOVE CABLE when it's like this

Cable Update (GBPUSD)

All out, 145 pips/14.5xR.. made 29% on my account Looking for a long at 1.4020, depending on PA Then back down

Cable Update (GBPUSD)

Currently 110 pips up on this, holding til 1.4020 at least. We have a top, finally!!

EUR/USD 15m trendline breakout

Holding short til 1.4020 then reverse long. It's forming a perfect ABCD pattern. A-C is exactly 0.618. Then we have a 4h trendline/demand down there- perfect

Cable Update (GBPUSD)

Where are you thinking of TP? I'm gonna play it by ear, see which level DXY goes to in this wave. I'm hopeful we can make it all the way to 1.40 but might be a bit optimistic

Cable Update (GBPUSD)

breakout or bounce? hold or TP?

Cable Update (GBPUSD)

Took breakeven cable and reshorted at the top of the flag/0.618 fib retrace of last swing hi/lo, 1h supply Yields seem to have found a top, we just need wave 2 on dxy

EUR/USD 15m trendline breakout

Prepared for this possibility. I will take breakeven if so and reevaluate. GBP yields still climbing. Edit- took Breakeven. Will sell higher. Sold at 1.4176, 1h supply and 0.618 fib. stops to BE. Yields seem to have found a top. Being V careful with ...

Cable Update (GBPUSD)

DXY pumping a bit now- should break down soon GBP yields still rising but not at the same rate. I thought Bailey's comments yesterday might have capped them at 80bps but its a mixed picture.

Cable Update (GBPUSD)