That's the sad part of trading: Not many really good chances. Someone told me: If time is right and it feels correct (like good PA) than invest as much as you can. -I'm not yet there. I cannot handle that yet to invest a lot than but I think he is ...

Cable Update (GBPUSD)

When you compare USD/JPY and GBP/USD you can see the difference. The problem is not the dollar. It is the sucking up of GBP. (also see EUR/GBP). I shorted one more but only 30% of my normal initial position. I don't like market at all, currently ...

Cable Update (GBPUSD)

Hmmm... I think we will see new highs today but market is not really working both sides. Not sure why. Consolidation from yesterday reached only absolute minimum so someone is pushing it more up. GBP really strong currently. USD is fine, EUR is a ...

Cable Update (GBPUSD)

That was nice mixed telling. Really nice, I had to smile, especially at the last point with support or resistance - same here but other way around with my girlfriend.

Cable Update (GBPUSD)

Failed to establish fresh sell area above 1.2552... flush was coming as I mentioned, they obviously had too much left in the books, 2nd scenario as described above probably happened. For me no trade now. I'm out. May be see you later. Thanks for the ...

Cable Update (GBPUSD)

Now my Target Profit was hit and I'm out with a daily win (about 5 Trades), started to short from 1.2470's area, managing the trade (of course I used more than my initial position, about 10 times higher in the peak but that is ok, it is a part of my ...

Cable Update (GBPUSD)

Now we have seen a new high without continuation. They use it for making liquidity and prepare selling. Current downmove is selling much longs of last 16 hours. I'm +/.0 currently from yesterday 1.2470's. Next stop is 1.2540. Let's see if they play ...

Cable Update (GBPUSD)

What we currently can see is more GBP strength than Dollar weakness. EUR/GBP is also screaming. London is always difficult in initial a clear move. That is a big problem currently to get more highs. They have to watch out now that no bigger ...

Cable Update (GBPUSD)

I have to say: This is one of the most awkward moves I had so far. I know they exist. Someone is buying always when it would be time to retrace. You can see that when you have more experience. When I talk from "them" I mean the institutionals who ...

Cable Update (GBPUSD)

I was shorting since 1.2475... and I managed it!!! I'm almost professional now. Avg. currently 1.2548 of my shorts. I think I can do it. If you survice days like that you a very near to financial heaven. God bless you all. My strategy is quite ...

Cable Update (GBPUSD)

Reason was numbers, more worse than expected, bad for dollar since march 8th. Relief on Interest pressure. Problem: Numbers are from economy not price stability. So Recession fueling up in US. Only ISM Services Prices confirm also cooling down on ...

Cable Update (GBPUSD)

Saw this today ayt 1.2550... BIG Buy orders... never touched... really weird and than I thought... aha, someone wants to sell off his positions may be?...

Cable Update (GBPUSD)

But that is probably exactly right. Almost no trade today. If roulette is on, I don't trade - even if it is psychological problematic.

Cable Update (GBPUSD)

No touching for me. High risk to both sides now at 1.2510. Correction should last till 1.2470's, new high at 1.2544. Sometimes best to watch what comes.

Cable Update (GBPUSD)

Everybody waiting us boys take out the high from today (>1.2544) but problem is: They don't want to haha, Position and Volume does not fit I think to make that move cause all wait for it. Too obvious. I think they do it anyway. I know my friends.

Cable Update (GBPUSD)

Numbers were good for USD and mixed. That you can see in the chart. No one knows now where to send it. Damn it. No trading day today. ADR range almost hit with that spike. May be new high now. But to trade that?... I don't know, looks ugly all in ...

Cable Update (GBPUSD)

Ha, weird again, but I made 7 Pips on news. Expected also higher number. And again, weird enough, market means it's good for USD so it dropped because numbers were better than expected. I have to close for today. See you tomorrow, good trades all.

Cable Update (GBPUSD)

First leg down (1.2446>1.2419) is now finished, one more could come even more down to 1.2410's area but don't have to. Will be really interesting how the day develops further. I'm really happy today. I survived one of these days without any loss and ...

Cable Update (GBPUSD)

I wanted to clarify from my knowledge what happened today. These days were quite common in old days (<2019). It consists out of an initial move, pausing at break even and shooting up without no retrace. It is seldom but it bursts almost all counter ...

Cable Update (GBPUSD)

Started to short 1.2370... I even made a mistake because I was playing a shooter , currently almost out but I got 40% of my end position on extreme top, that was very good. 1.2426 I'm +/- 0. This was tough today. ...

Cable Update (GBPUSD)