The US Fed

Cable Update (GBPUSD)

Somehow, I don't think it's going to make a whole lot of difference to the bullish PA on UJ whether they hike from -ve to 0.0 or not. Yield (via swap rate) and demand for USD likely to rule the day. Much ado about nothing (?). If it revisits the ...

Cable Update (GBPUSD)

And a little something for every trader in here that's ever lost money (me included). Trading is a catharsis, a rite of purification. video

Cable Update (GBPUSD)

Good vid Ferna. The black-out period, March 14 to end of April. Very interesting. I'm inclined towards USD strength (which I know may seem counter-intuitive given bad US data, US debt load, but then again not necessarily given unlikelihood of rates ...

Cable Update (GBPUSD)

Liquidity squeeze gaining momo for USD. Increased demand.

Cable Update (GBPUSD)

Just exercise a little caution. If you are in profit, move your TP stops up. The US traders do so like a little head fake move. Take out weak stops etc, then reverse. We'll see.

Cable Update (GBPUSD)

Too many arrows Moty. Can the ladies have some more of your delightful artwork pls?

Cable Update (GBPUSD)

And now, AI has learned to lie about itself, just like humans. Oh joy.

Cable Update (GBPUSD)

To be sure, asking you in DM if you are ok and suggesting you take a break if the tolerance meter has run out is such a crime for one as magnificent as yourself. Mea culpa. Won't happen again. Got your number now.

Cable Update (GBPUSD)

So pleased to know you were listening and learned something new and valuable. Who is JakeInTheBox? (not that I care) never heard of said person and it certainly isn't me. I've had the same handle since I joined FF in ...

Cable Update (GBPUSD)

All the indices inc DXY rolled over contracts from March to June on close last Friday. Some brokers just fiddle the chart to make it look like price was on a continuum.

Cable Update (GBPUSD)

And watch the EURGBP cross like a hawk. Think we will see some upward momo on cable, but how long it lasts is uncertain. Stoch approaching a bottoming out but ma's crossing over above. The problem for cable is that international trade contracts are ...

Cable Update (GBPUSD)

And here's cable, enjoying the 200 ema (red) and 200 sma (purple) sandwich squeeze on the 61.8 fib with a lovely side serving of 21 and 50 ma's crossing over and coming up below. Will it break below or will it hold? Stay tuned for tomorrow's next ...

Cable Update (GBPUSD)

Triple witching is having a party with market today, as expected. 3rd Friday of each quarter. url Just watch for the bots to go into buy back mode tomorrow.

Cable Update (GBPUSD)

Will admit I had to look at his artwork twice to figure it out But his S&R levels were perfect. Way better than the arrows going every which way

Cable Update (GBPUSD)

It's always a risk when you have a vested interest in a particular outcome. Much like currency traders being devoted to their own country's currency. You want to see it do well, but you can't let that bias influence your trade decisions. Have to be ...

Cable Update (GBPUSD)

Indeed. It was caused by a 500lb gorilla accidentally sitting on the patient. Otherwise known as the 200ema on weekly chart (red). And then we have to consider Occam's Razor diagnostically. USD liquidity squeeze coming up. Demand for dollars likely ...

Cable Update (GBPUSD)