Agree, good time to go long on cable. Signs of a double top with bearish divergence on DXY. I would wait for the next break up and pull back on cable to confirm. Or go long at 1.3617ish. Note non-farm estimates out 1.15. be careful

Cable Update (GBPUSD)

Bulls have a good chance here! Signs of a double top with bearish divergence on DXY (or double bottom with bullish divergence on Euro)

EURUSD only

I aim for 2xR per day on 2.5% risk per trade (ie 5%), if there's more on the table I'll take it. Intraday/scalper my average stop loss is 5-10 pips. I'm aiming to complete this before/during LO, if I do then I'll take hypothetical trades for the ...

EURUSD only

Interesting, I've never followed harmonic patterns but last time I noticed a Gartley on DXY it preceded a huge movement. Do you find these quite reliable? I'd like to integrate them into my trading.

EURUSD only

Ascending triangle in play on DXY implying a breakout to the upside (IE down Euro). Continuation of bear market after 91.24 breaks on DXY. US 10y yields at a powerful resistance level, also in an ascending triangle... I believe these have further to ...

EURUSD only

+30, retest of triangle down to yesterdays low, done for the day. Really feeling my trading in terms of entries and exits is coming on very well. Still need to work on patience and discipline and maybe scaling out of trades.

EUR/USD 15m trendline breakout

Helluva bounce, that 91.20-25 level on DXY is a beast

EURUSD only

+30 on the drop to yesterdays low after re-testing the triangle/0.382 fib.. done for the day

EURUSD only

+11 pips, tempted to leave it there for the day. I'll keep an eye on things and only enter if i see rock solid trades

EUR/USD 15m trendline breakout

Snuck in 11 pips pre London. Draghi to be new Italian PM might give a boost to the Euro (italian futures up). Draghi is the ex ECB guy and a safe pair of hands. however we have re-tested 1.2050 so expect continuation down

EURUSD only

Short here triangle breakout, retest of 1.2050 expected/complete

EUR/USD 15m trendline breakout

Best guess for the remainder of the day- not trading this

EURUSD only

Where do you draw the fib? 9am-4pm?

EURUSD only

91.24 is a big level from Nov

Cable Update (GBPUSD)

Also this short cable trade worked out nicely. Stopped out BE on first break but re-entered on the retest area. I missed the top of the channel short at LO, i was paying attention to Euro

EUR/USD 15m trendline breakout

Last trade stopped out -10, in retrospect it was a classic stop hunt/liquidity grab... shorting the pivot would obviously have been better. I made up for it +30, short 0.382 retracement of morning move

EUR/USD 15m trendline breakout

Signs of bottoming here, double bottom with divergence on 5m. But it would seem strange to come all the way down here and not touch 1.20 (the November breakout level)..?

EURUSD only

It's the perfect storm of a US reflation trade (look where real rates are going) and a shaky vaccine roll out in Europe

EURUSD only

Just took my 30 pips.. redeemed myself after that awful buy this morning (note to self don't trade against clear fundamental headwinds) and target met between this and Cable.. good luck all

EURUSD only

NY opening bell.. pretty normal imo

EURUSD only