There's certainly something cooking around USDX No longs for me anymore as long as USDX doesn't support it. Maybe shorts but have to digest current movements first

Cable Update (GBPUSD)

pff stopped -20

Cable Update (GBPUSD)

Long @ 1.5854 78 on USDX being special level Not sure.....

Cable Update (GBPUSD)

Could be, me just watching USDX, and I don't trust it

Cable Update (GBPUSD)

Yes we suckers, should look for another job But it will be there again......

Cable Update (GBPUSD)

some secret G20 agrements?

Cable Update (GBPUSD)

Sounds prudent to me, better a lot of little steps..... BTW, you got your 25?

Cable Update (GBPUSD)

define your leverage don't understand.... ah I see, acount appr. EUR 50.000 and number of lots traded min. 1 max. 5

Cable Update (GBPUSD)

I use standard lots, for me 1 pip is appr. EUR 7.2 per lot

Cable Update (GBPUSD)

200SMA all on H1

Cable Update (GBPUSD)

See arguments to support it 1. 1.5864 being LTL 2. 1.5859 being 200-MVA 3. 1.5843 being 50% fib 4. some kind of topping on 10M USDX Hunching the same but no balls to act on it because I don't trust nr. 4 Good luck!

Cable Update (GBPUSD)

No clear direction today USDX recovering but GBP relative strength both together leading to nothing Taking the day off....

Cable Update (GBPUSD)

collected 10 pips, because of relative strength building around GBP

Cable Update (GBPUSD)

Looks like a rounded top, with usdx retracing I'm trying a short @ 1.5940 Tight SL

Cable Update (GBPUSD)

Job losses mainly in government. Industry (what counts) as expected 1.6000 shorts where stopped at 1.5900 Waiting for Wholesale Inventories and market settling down before deciding to re-enter shorts.

Cable Update (GBPUSD)

Just continuation of USDX retrace: image

Cable Update (GBPUSD)

lol bbmac, had a bad night?

Cable Update (GBPUSD)

Good morning all, Securing some profit, SL lowered to 1.5900

Cable Update (GBPUSD)

remember GBP is one of the weakest currencies next to USD so if USD recovers a pull back could turn in a down trend. Not saying it will, but after the massacre of USD, intervention threads from Europe and Japan, IMF-talks and G20 this weekend, ...

Cable Update (GBPUSD)

Not sure — SL @ BE Think there will be more then a simple pullback at least LTL on daily D1: image

Cable Update (GBPUSD)