WTF. Biggest gain for weeks in a second for me. I cannot believe that numbers. Interest Rate cuts GONE for 2024. Look at avg. hour earnings!!! What the heck did they do before with the market??? Someone must have lost billions today. Huge problems ...

Cable Update (GBPUSD)

As my stats tell me, pros or whoever initiated that move up, cleared only very few longs yet but some. They hope for weak NFP numbers to spike market up and sell the stuff to the crowd - but forecast of NFP is already lower than last time numbers. ...

Cable Update (GBPUSD)

PA is really ugly. Not sure what or who pushes and keeps it above 1.2740 but it costs a hell of money to do that. They must be underwater with their big long positions in a huge way (currently positive but they calculate in a different way due to ...

Cable Update (GBPUSD)

Sold again 30% 1.27394. PA is really weird today. Soon US-Boys join. Finally. I don't recommend to short, I only scalp. Market is really slow - unusual on that level of daily drive. That means someone is accumulating all shorts or market is dead. ...

Cable Update (GBPUSD)

Could be. I take the risk. Short 30% again 1.2743

Cable Update (GBPUSD)

Damn, sold half at 1.27394. Takes long this time. Better save than sorry. I resell if needed. Next stop for me 1.2735. EU-Session

Cable Update (GBPUSD)

Interesting view, thank you. I always have problems with that cause market made already 5-10 pips from low when you wait until that confirmation but probably that is better than my technique. You buy than into a consolidation. I don't like that but ...

M1 Countertrend Scalping Strategy

Hi Pat, I was off last 2 weeks of fundamentals. Any news to interest rate decision in US? Did anything change? How are the bets? Last time I checked 3 weeks ago, fundamentals showed everything but no lowering interest rates for 2024 in my humble ...

Cable Update (GBPUSD)

That is probably the best short you have

Cable Update (GBPUSD)

Selling right now at 1.2744. Cheers. A bit overdone. lol

Cable Update (GBPUSD)

Thank you. Attachment only for you, my friend: image

Cable Update (GBPUSD)

Last annoying post of me today: 2nd retrace done. Now chances for lower quotes are only few % over 50% (almost roulette so to say). Bought back my shorts everything now (last 1.2755). Could be nice back and forth now (bouncing around here). I have ...

Cable Update (GBPUSD)

1.2755 almost reached (1.27556). Due to retrace back to 1.2760 now I expect more down, probably 1.2752 or 51 sth. - I kick off my last short at 1.2755 anyway. Currently I have not much time to post, sorry. Coming back soon.

Cable Update (GBPUSD)

Hi Nubcake! Nice to hear from you. Still around here? Funny you always comment on big moves. Hope you made your profit today. Next days will be losing days for you (again). Keep up the good work. Cheers.

Cable Update (GBPUSD)

First retrace done. Now they decide to make new high or take it down to 1.2755. I have 5% of my shorts left. Rest sold with profit. Cheers.

Cable Update (GBPUSD)

We currently see, as usual, the distribution of the longs to the market, using time technique of big boys (which we are not able to use). They sell to currency converters and Central banks. That's how they make their money in that moment.

Cable Update (GBPUSD)

What we see currently is typical PA for EU-Session. Long run, no retrace, no other big players. Only few bank make market. No one cares. Kartell Abuse? Doesn't matter. EU is a joke. But that's also nothing new. (I say EU because the prices are ...

Cable Update (GBPUSD)

Wow, stong numbers from US- again. But market is not really willing to accept it. Drop was quite low for the numbers I would say.

Cable Update (GBPUSD)

Done shorted: 1.2695, 1.2705, 12706, closed all 1.2695. Rates kept the same. Some relief at some market participants, I used that for shorting. Votes were a bit more lowering rates but they kept it. Probably I short again now. I watch it a bit.

Cable Update (GBPUSD)