As my knowledge, it involves T+2 settlement. Usually every transactions need two business days to settle. If banks charge triple swap on Friday, it will be carried to Tuesday next week which can disrupted T+2 standard of market. On the other hand, ...

Cable Update (GBPUSD)

That's correct. As long as your broker is true A-Book broker, they don't have reason to charge your swap incorrectly to rip you off because the swap benefits the banks not your brokers. To avoid triple charge next time, I recommend you close trade ...

Cable Update (GBPUSD)

This is correct for your swap charging. Usually, brokers charge a triple swap at the end of every Wednesday. The swap is the interest rate that you need to pay to the banks every time you place a trade and hold it until the next day. The reason ...

Cable Update (GBPUSD)

Look likes Federal Reserve to keep interest rate around 5.5%-5.25% in long run. Good luck to business owners who have owed banks a lot of money. Hope they don't go bankrupt by keep paying high interest rate.

Cable Update (GBPUSD)

A drop back to 1.26 zone is quite necessary in my opinion. We have some unfinished businesses there. If 1.277 is failed to hold, then we will see around 1.261.

Cable Update (GBPUSD)

To me, looks like Bear's picnic is over. I think I know what to do in next week. Not gonna trade today since market nearly close. Have a nice weekend everyone

Cable Update (GBPUSD)

Yesterday volume was high but movement until now is little. Something is fishy to me.

Cable Update (GBPUSD)

37 Traders viewing now, 5 are members

Cable Update (GBPUSD)

Both time and price is not yet seem to be in my favor right now. Look like I need to wait a little bit more for high probability set-up.

Cable Update (GBPUSD)

Buy Sell Wait

Cable Update (GBPUSD)

Looks like Market is building momentum for next big move. Consolidation but in downward. I must be patient for high probability setup.

Cable Update (GBPUSD)

Breaking of 1.29425 will lead to Market Structure Shift and start of bull trend. Let's wait and see how bear reacts to zone.

Cable Update (GBPUSD)

A lot of things change here. I miss the time of 2021-2022 when this thread was so active with traders 150+ in average per day.

Cable Update (GBPUSD)

Looks like Classic Wednesday low of the week to me.

Cable Update (GBPUSD)

Wah today our lord moty switches to Indices.

Cable Update (GBPUSD)

I'm thinking the same. Looks like 1.29 is too strong to break. I'm on short but want to switch to long as well.

Cable Update (GBPUSD)

GU didn't move much last night, but at least there was a diss track 2 vs 1 among high impact members which made this thread didn't seem too silent.

Cable Update (GBPUSD)

As I mentioned last night, breaking recent low at 1.29380 will lead to Change of Character of market. Now I'm focus on selling rather than buying at least for awhile. But Friday, anything can happen. So DYOA carefully before risking your money.

Cable Update (GBPUSD)

Maximal retracement for the bear should be at 1.29600. This price is at 3rd PD array if you draw Fibonacci from recent low 1.29380 to recent high 1.30440. Also the last FVG is found at that 1.29600 as well. Breaking recent low will indicate of ...

Cable Update (GBPUSD)

By observe current flow of markets. It looks like it will drop further when US data release today. Looking to find one setup after New York session today

Cable Update (GBPUSD)