I guess it's the latter... congrats to the bulls who held on

Cable Update (GBPUSD)

Hey, i'm getting a different gap to your broker feed. I'm using Oanda feed on trading view. I guess just use the feed you think most people are looking at. Also just to complicate things, it doesn't always fill the entire area (usually does though). ...

Cable Update (GBPUSD)

Careful, man- they're aiming for a short squeeze, It could be a pretty crazy rise

Cable Update (GBPUSD)

Hey, yea. Just looking at DXY, the dollar basket index. There was a gap in the chart overnight. In theory, and it's a pretty accurate theory, the price will come back to 'fill' the area that it missed out. It can happen at any time though. Others ...

Cable Update (GBPUSD)

Closed +36 on 0.618 fib of asia move, will re-enter at a lower price, either that or it shoots off without me

Cable Update (GBPUSD)

Gap filled on DXY now

Cable Update (GBPUSD)

True but practically speaking it makes zero difference its just a mirror image, unless you put different significance on each level but imo the most powerful are 0.382/0.618 which are mirrored

Cable Update (GBPUSD)

Taking the bull bait, bottom of a wedge on 4h tf, and we have formed a mini wedge with divergence there, 1.3676 buy, 15 pip SL looking for new highs Edit- close to daily R1 would be great .... stop to BE, will re-enter if it retests

Cable Update (GBPUSD)

Cable long, out BE last trade. We are at the bottom of a wedge on 4h TF so this may turn into a position trade with a scalp entry.

EUR/USD 15m trendline breakout

Shorted the pivot in the middle of this rising wedge with divergence, looks to be broken and completing a retest, lets see.. top of the pattern is fib retracement of the asia move (0.618)

EUR/USD 15m trendline breakout

Bit of a rising (Bearish) wedge forming on 5m, the top coincides with the 0.618 fib retrace of the asia move, 1.21227 Edit- shorted the pivot in the middle of the pattern, lets see if it breaks or tries another leg up out BE

EURUSD only

Did not journal it at the time but had a really beautiful overnight short on cable from 1.3743, woke up to 43 pips. Supply zone, bearish divergence (as well as bullish divergence on DXY), DXY also testing a support. I nearly lost pips shorting the ...

EUR/USD 15m trendline breakout

Waiting for DXY to hit 90.85/87 before I even think about cable longs personally, 1.3630/40 depending how it looks

Cable Update (GBPUSD)

Morning.. easier LO for me after some bad ones this week.. longed this TL break and retest with divergence then my all time favourite trade, short the daily pivot for a quick handful of pips.. reliable patterns that repeat all the time that work if ...

EURUSD only

Closed +43

Cable Update (GBPUSD)

Short 1.3743, 15 pip SL, TP open... DXY testing 90.42, showing bullish divergence, cable at R1/supply zone.. will exit quickly if we break these levels Edit- not feeling this, if it doesnt move soon I'll take it out BE. Edit again- looks a bit ...

Cable Update (GBPUSD)

DXY testing 90.42/43 again, showing bullish divergence

EURUSD only

I notice with Gold pivot points are rock solid.. if you get a big impulsive move it will often do a 180 directly on the point and reverse with just as much energy

Cable Update (GBPUSD)

Silver was a target of /r wall street bets, it had a crazy pump this afternoon. I guess Gold went up with it as a correlation trade

Cable Update (GBPUSD)

This seems to be a very common occurance for impulse spikes on the Euro. Retrace from a level to 0.382 fib of the impulse, then revisit the same top before retracing again. I don't remember ever seeing it hitting a level and cleanly reversing. I ...

EURUSD only