I know it's a few pips shy from 1.3820... but the corrective trendline was broken... and then a retest of the breakout... I just had to sell (exited @ 1.3754, SL 25 pips/ TP 50 pips)

Cable Update (GBPUSD)

I agree with you. Now at 1.3790 is a great intraday buy. Target up to 30 pips should be good enough. Once it reaches 1.3820 I will be inclined to sell again.

Cable Update (GBPUSD)

I agree with you. Now at 1.3790 is a great intraday buy. Target up to 30 pips should be good enough. Once it reaches 1.3820 I will be inclined to sell again.

Cable Update (GBPUSD)

The 'bull trap' as I've mentioned came through and now it has crashed to an important demand at 1.1770. Two things to take note: 1) The bearish trend was broken in late August. 2) An inverse HnS is forming in the daily tf. Tonight's ECB speech could ...

EURUSD only

I have the same expectation. I longed for the short-term pullback. Even a spike can easily go beyond 50 pips and that's good enough and achievable.

Gold

Can't agree more

Gold

Nice catch!

Gold

I longed at 1786 bcos gold is relatively oversold in the short term. I'm just hoping that the daily demand can give a short term boost to the upside before the price truly collapse to 1760.

Gold

I think the bull's party is over. Many buyers get trapped at the fake-out. I'm expecting the bear to push it to 1.1770.

EURUSD only

So, apparently I got taken out after it went in my favour for like 30 pips which is already 1:1 Risk Reward, but I just had to be busy when it came crashing down. I tried again setting a buy limit just below the demand level and this time round I ...

Gold

Today's rejection at 1.39 tells me that the cable is gonna range lower again. While the week is not yet over, seeing how it gets rejected from that supply level and how the daily candle has (about to) formed a big pin bar, it does seems that the ...

Cable Update (GBPUSD)

Gold intraday long to 1800. Nice support there throughout asia session.

Gold

The current bearish wave should be over and we can consider buying the pullback now. 20 - 30 pips should be very achievable, Otherwise, just wait for the pullback to be completed and sell again.

EURUSD only

Am waiting for a pullback to the 1.3828 area to sell again. Today's trend should be able to go well over 70 pips.

Cable Update (GBPUSD)

EURUSD is most likely to dip lower towards 1.1770 after strong rejection from 1.1900 and breaking below a rising trendline. The downtrend in the short term is forming well and should be able to last for the first 2 or 3 days in the coming week. Once ...

EURUSD only

Last Friday's bull was disappointing. It wasn't even able to hit 1.39 and was 10 pips shy before it lost all its gain in the day. Now that a pin bar like this has formed, I'm expecting more selling at the beginning of the week. It will be safer to ...

Cable Update (GBPUSD)

And we will see 1.40

Cable Update (GBPUSD)

This pin bar in H1 looks delicious though

WTI Crude Oil Trading

And indeed it's breaking 1.388 now after a 20 pips pullback.

Cable Update (GBPUSD)

69.4 looks good to short again.

WTI Crude Oil Trading