All eyes on 1.3860 area, could still be an M with a 0.618 retrace, triple top, or bullish flag breakout. Looking more likely on the bulls side to me now, 1.3855 might give a last chance for bears to try their luck. 1.3855 is a key fib extension ...

Cable Update (GBPUSD)

Yea quite possible- congrats Unless that was a false break on DXY I think a decent move up is now more likely, unfortunately for bears. Know when to hold 'em know when to fold 'em

Cable Update (GBPUSD)

Prepared to exit short position early or at BE if this DXY triangle breaks down- looking dangerous. Weeell damn. Looking to exit my shorts as this down movement may just be a bull flag..lets see. Advise any shorts who held on after the big drop not ...

Cable Update (GBPUSD)

I dunno- it's looking long to me. I have daily resistance at 1.2108-18 which has been broken and retested, but it's a pretty weak break. It just seems like it's due for a drop, though. And we have something of an inverse H&S on 4h, but maybe we have ...

EURUSD only

Potentially higher yields - I think the 10 yr will hit 1.23%. Could it be gap fill time for the dollar soon?

Cable Update (GBPUSD)

Could see that level today I reckon. We can just observe PA and watch the situation develop before making the next decision. Certainly this is the most obvious level, daily breakout level to retest/grab liquidity before the next push up, I have a ...

Cable Update (GBPUSD)

Daily pivot could be the red rag

Cable Update (GBPUSD)

Not necessarily, I believe it will drop from either 1.3831 or 1.3842.. could be wrong Note DXY is forming a triangle. it is at the bottom edge currently. If it breaks down i'll potentially exit GU shorts.

Cable Update (GBPUSD)

Could short Eur here 1.2130, retest of broken TL this morning and resistance. Carefully of course, lock in at BE asap. I'm not involved as i'm in another market but likely would. EDIT- i'd likely take this out BE for now, wait until the triangle on ...

EURUSD only

We can retest the M neckline anywhere up to 1.383x before dropping again

Cable Update (GBPUSD)

It is a double top neckline which is the only issue, you will likely get a reaction but trade carefully in case it breaks. (I think it will break but just imo)

Cable Update (GBPUSD)

My trade overnight got 30 pips then reversed and stopped out BE. it bounced off of the 76.4 fib extension. The good news is we got solid rejection off of 1.3860 so I resold when it looked like the market was making a double top. Entered on the break ...

EUR/USD 15m trendline breakout

Locked in at BE. Let's take out the asia low then we're going down to chinatown

Cable Update (GBPUSD)

Market didn't like 1.3860, looks like we're forming a nice double top on h1. Shorting 1.3850 again, TP open. Bounce overnight was on the 76.4% fib extension of this leg. Again will lock it at BE after a drop.

Cable Update (GBPUSD)

Depth of market, volume profile.. futures market, spot is decentralized, real orders in real time. Good for working out where the action is likely to be. Warning you have to apply a fair degree of interpretation to it as they are two different ...

EURUSD only

You can see the order flow in the fx futures market which is closely linked, it can be pretty useful to work out the high volume areas

EURUSD only

Is it gonna break..? Dare to dream, bears. Keep picking those tops Feeling a LOT better about this now. Locked in at BE

Cable Update (GBPUSD)

It's too mixed for me. On one hand it looks like a bullish continuation on the other, 1.2139 looks cast iron for today. 4h bars look like they're being rejected and ready for turning on EU & DXY. But then EU made this same pattern twice this week ...

EURUSD only

Same as yesterday- dxy/cable just smashed through divergences and laughed at them

Cable Update (GBPUSD)

If you cant beat them, join them Stop to BE from 2127 OUT BE. I cannot read this today- going to leave it.

EURUSD only