Lots of neg sentiment in the market- Cable getting a beating But options expiring today Think could be above 1.2750 by 3pm UK time

Fundamental Trading Journal

Failed to break previous London session high - always a negative image

Fundamental Trading Journal

Some light reading url

Fundamental Trading Journal

Liquity....love it

Fundamental Trading Journal

Current long position on Cable- Rishi Sunak speaks still waiting for him ...thought it was going to be at 1.30 ...but seems to be earlier Lets see. 70 pips up- entered at the low of the day Could move up a bit....and then sell the news Then we ...

Fundamental Trading Journal

This is not good url

Fundamental Trading Journal

Both Cable and the Ftse bought from the London open Fair bit of of risk off sentiment hitting the market atm.

Fundamental Trading Journal

Dollar is really strong atm...mainly due to the risk off sentiment in the market. Equities have taken a real knock As soon as Powell talks equities sell This is obviously have an effect on Cable The Care's Act was the main driver of the sell off in ...

Fundamental Trading Journal

Right looking ahead for some potential trades UK BOE Investigating neg rates - but won’t happen for a long time they have asked Rishi to help people coming off furlough Politics Rishi- looking at setting up a scheme Extend loans and help employees ...

Fundamental Trading Journal

Easy...money

Fundamental Trading Journal

Move down capped....took a small long position from the UK PMIs Looking for price to remain above 1.2700 into 3pm UK time- not NY open Then lets see

Fundamental Trading Journal

Thinking this one through - could only have been trapped traders

Fundamental Trading Journal

Bit of a bottom edge on Cable -fundamentally, not looking great for the pound so nice short positions earlier on 1.2700 wants to be above this level tomorrow for the NY open Mixed signals on equities atm One thing is though that I would expect stops ...

Fundamental Trading Journal

Right....Cable.... Those Cable put/call 25 delta risk reversal were way off the mark, both on OTC and futures

Fundamental Trading Journal

This is good url

Fundamental Trading Journal

In relation to the pound - Goldman Sacks feels that current pricing is too high for a no deal - and this has not been reflected in the price of Sterling. url I know that the BoA are really bullish on the dollar This is why you are better off ...

Fundamental Trading Journal

Did read this from efxdata iro the FOMC CIBC Research discusses its expectations for tomorrow's FOMC policy meeting, "We believe that the most likely outcome will be a conservative one, meaning no new information on the footprint of QE. At the same ...

Fundamental Trading Journal

Cable .....right where are we at: UK: Boris is trying to get legistlation through parliament - first bit passed In October furlough finishes- but it seems that something will be done about this Dovish BoE- most are dovish and further QE looks likely ...

Fundamental Trading Journal

UJ might looks like some gamma scalping might be in play Max pain is a couple of strikes up... There is value to the upside... Fed......expectation is that they will be dovish...NPF and CPI data was decent. This weeks releases/forecasts not that ...

Fundamental Trading Journal

I'm out of here

Cable Update (GBPUSD)