Max pain on options on the pound (futures) is 1.2250 So on the one hand option writers (usually the banks) want price down at this level- and others want price to rise So I am expecting a choppy few days Yesterday thousands of out of the money calls ...

Cable Update (GBPUSD)

Nice....

Cable Update (GBPUSD)

Move down driven by dollar but over the next couple of days the pound will be bought aggressively from low prices

Cable Update (GBPUSD)

They are not being very aggressive though Well buys on Thurs and/or Friday then url But if we get to here url will be checking price action

Cable Update (GBPUSD)

Looking to go long on dips from London open-

Cable Update (GBPUSD)

So here is my gold pic url Lets see... The only thing that concerns me is the options pricing - rotational at the moment. But there is reasonable macro behind it and position is safe.

Fundamental Trading Journal

Wednesday London- well more balancing to be done P shape ie - buying cable. Bought some Gold. I really hate Gold anyway- but a) Its cheap b) China/Trump c) Other risk stuff is showing a bit d) Lots of short will be in pain e) Its at a POC f) PCE on ...

Fundamental Trading Journal

Right Cable rallied..,,, Why....there are many reasons Trapped shorts, little hints in price over the past few days....the close on Friday, the re-test into that bit of liquidity That edge on Friday, bonds... Decent PMIs, Goldmans sounding more ...

Fundamental Trading Journal

Not really that much on the Euro Cable will be a lot better- But if Cable rallies between now and Thursday - there will be less

The Swamp

Here is an example Data from the EU was positive today plus news was released about Germany helping businesses with less than 250 employees url So this is going to help German businesses. The dax rallied today url

What is the safest way to trade the market?

Cheers - been in this game a long time.

Cable Update (GBPUSD)

The fact that the pound could not break Friday's low was a big hint

Cable Update (GBPUSD)

Nice..... url

Fundamental Trading Journal

risk on atm

Cable Update (GBPUSD)

Agree with you there- really like their videos everything is clearly explained.

The Swamp

url

Cable Update (GBPUSD)

Cable going up,,,,,

Fundamental Trading Journal

Trade the news/fundamentals- its easy and your risk reward is really high The CFTC did a report on who were the most profitable traders out of every class- Technical traders/fundamental traders/market makers etc...fundamental traders are by far the ...

What is the safest way to trade the market?

Many thanks kuroro001

EURUSD

I like scalping....but prefer strong macro trades Press a button and wait a session

Cable Update (GBPUSD)