Party has just begun. Market proves again that fundamentals be damned, it wants YOUR MILKSHAKE!! There is no free lunch.

Zappa's Journal

Further strengthening my confidence is that USDJPY looks ready to go UP, while GBPJPY looks ready to go DOWN. As well as the GBPNZD and GBPAUD pairs, which both look like they'll drop. It doesn't mean that GBPUSD will too, but it increases the odds ...

Zappa's Journal

And there's others below this! But this one was way too obvious to not get tested.

Zappa's Journal

Its really hard for me to believe in this rally. Upon seeing higher prices this morning, I had to question myself and if I was pushing my bias into my analysis. So I went with a bullish mindset. The price action is just so easy, yet it keeps going ...

Zappa's Journal

Why am I still bearish to 1.5050?

Zappa's Journal

Good job, Elbert!

Cable Update (GBPUSD)

I believe so, Dan.

Cable Update (GBPUSD)

No great mind here, just a knucklehead too dumb to quit! Look where this turned. Haha..just kicking off any passenger who got on without buying their ticket. With this said, no time for celebration yet. We have a long ways to go, but looking "right" ...

Cable Update (GBPUSD)

That move should've shaken out many shorts, but now its our turn.

Cable Update (GBPUSD)

We got this. Market just doing its thing, not letting anybody in too easily.

Cable Update (GBPUSD)

Your doomed, bro. I got Spud with me on this one!

Cable Update (GBPUSD)

About to drop HARD when 1.5400 gets taken out, I think.

Cable Update (GBPUSD)

I'm seeing buyers getting matched on 1-hr in EURUSD.

Cable Update (GBPUSD)

Yep, its a topping pattern that takes out easy stops.

Cable Update (GBPUSD)

Seems strong buys getting matched with strong sells and then some.

Cable Update (GBPUSD)

Beautiful!! It won't go down till you join, Spud! I was surprised to wake up and see that the GBPNZD and GBPAUD pairs were up considerably. Those pairs looked bearish to me last night. Then we look at GBPUSD and it has gone sideways for the most ...

Cable Update (GBPUSD)

We're good, man. Pound looks ready to slide against all other majors, especially NZD and AUD. Besides what I already mentioned, I really can't see GBP going down strong on GBPNZD or GBPAUD while at the same time going UP in GBPUSD. 1.5220 MINIMUM. ...

Cable Update (GBPUSD)

I think in this case its God talking.

Cable Update (GBPUSD)

I don't really try to predict fundamentals, I just keep track of when they're coming out. But if you were to enter now, even a stop all the way at 1.5617 and target at 1.5123 would equal a 1:2 trade. A stop at 1.5480 with same target equals an 1:11 ...

Cable Update (GBPUSD)

Another thought. Its important to make a distinction between the two. Moves in a direction without large, stop-taking retracements can sustain extremely large moves (the ones you DO NOT want to trade against!) IF they are built right. There needs to ...

Cable Update (GBPUSD)