Patience is important in this trade. Cable short, actually all USD long trades, have been frustrating lately.

Cable Update (GBPUSD)

I'll have a orgasm only look at this if I am a woman, lol

Cable Update (GBPUSD)

Or maybe a cock ring?

Cable Update (GBPUSD)

Yeah, maybe. Be careful with your TP and SL you should be fine.

Cable Update (GBPUSD)

H1 bearish pinbar plus failure to make new daily high, down TL not broken, fair chance for a short play.

Cable Update (GBPUSD)

Week A 30th Apr ADP Act 220K Exp 203K 2nd May NFP Act 288K Exp 216K Week B 2nd Jul ADP Act 281K Exp 207K 3rd Jul NFP Act 288K Exp 214K Data and chart pattern both simillar, wondering if that means we've hit daily low and will have another rump up?

Cable Update (GBPUSD)

I suppose you mean Carney? Yeah, London house price is a definitly shocker for a Canadian.

Cable Update (GBPUSD)

UK Current account deficit is at record high, I think the export just collapsed.

Cable Update (GBPUSD)

Lol, I really hope so. To be honest, I feel more comfortable to sell pound here than buying it, as long as there's good reason and good PA.

Cable Update (GBPUSD)

This happened to me once, but the smaller opening resulted in lower flow rate which actually made me feel that there's more juice in the can than it should be, this could be an upside too.

Cable Update (GBPUSD)

I remember I've seen an article some where argue that BOE knowing this in their mind, and speculate that they probably want to take advantage of strong sterling to offset the pressure on a rising domestic inflation. Can't find the original article ...

Cable Update (GBPUSD)

Bullish momentum is quite strong on this pair. Shorting it is too damn difficult.

Cable Update (GBPUSD)

Strong £ = cheaper import price = lower domestic inflation = low interest rate for longer. Maybe that's their plan.

Cable Update (GBPUSD)

On monthly, notice that for the past 8 month, cable has been following a tick-tock-tick pattern with one down month followed by on up month. This pattern is a reflection of BOE Carney & Co. strategy to manipulate the market, I think they will ...

Cable Update (GBPUSD)

Week A 30th Apr ADP Act 220K Exp 203K 2nd May NFP Act 288K Exp 216K Week B 2nd Jul ADP Act 281K Exp 207K 3rd Jul NFP Act ????? Exp 214K image Now we have the pre-NFP rump up, are we going to have another touch down tomorrow? I have 1.7042 the last ...

Cable Update (GBPUSD)

True, I am always grateful for profit

EURUSD

ADP is from Automatic Data Processing, Inc. estimated from payroll data from 400K customer around US NFP is from Bureau of Labor Statistics ADP published ahead of NFP NFP is suppose to be more accurate than ADP in reflecting the change in employment ...

EURUSD

I got out, I am too chicken maybe

EURUSD

Glad this played out. ADP does introduced surprise to the market and I feel this a good opportunity to exit. Recently ADP has been a poor indicator of NFP, so the impact of ADP surprise could be retraced prior to NFP.

EURUSD

1.37 has been a turnaround level quite a few time since last year, so if price stops right in front, prior to some big events, such as NFP, then there's fair bit of chance it will turnaround again or at least have a retrace. Definitely a short, RR ...

EURUSD