Yeh GU is a sloppy mess rn lol image

Cable Update (GBPUSD)

USD seems to be gaining strength which is why im holding my GU short. Long on USDCHF so hopefully there is some correlation although m not versed in these matters. USDCHF perception of value change to bullish. CADCHF perception changed to bullish as ...

Cable Update (GBPUSD)

lol GU still at this godforsaken level. Make a decision already smh

Cable Update (GBPUSD)

With GU the current level monthly R pivot level is tapped out. I feel it will drop just for a bit(I hope since I took a gamble trade) and then continue to climb higher to monthly R2 at which point I will look for more confident sell positions. ...

Cable Update (GBPUSD)

Speaking of news events did anyone see that random spike? I think it may have been the Putin news

Cable Update (GBPUSD)

What could be the reason for this? Are markets just more sophisticated and experienced as such that these news events no longer trigger their impulses? Or have events like trump opening his mouth caused the markets to perceive traditional news ...

Cable Update (GBPUSD)

Long gone are the days when NFP would split the chart in half. Nowawadays only in name is it considered worthy of circumspection.

Cable Update (GBPUSD)

Right? lol. There are times where Ive analyzed something for an hour and came up with all sorts of reason why I shouldn't pull the trigger only to just jump in hahaha

Cable Update (GBPUSD)

F*ck it. Small short at 2920 GU

Cable Update (GBPUSD)

GU not providing me the entry I want with the monthly midR2 target hit too many times. I'd likely want it to go higher and hit monthly R2 but it seems stuck at the moment and USD seems to be strengthening as im long on some USD exotics. Shorted ...

Cable Update (GBPUSD)

Ah I see. What ADR settings do you use typically. I usually use 20 day ADR

Cable Update (GBPUSD)

What if the perception of value is to change? I see some potential bearish interpretations on the horizon . Excellent gains for bulls though. Nice job. image

Cable Update (GBPUSD)

GBPUSD too slow. GBPCHF much quicker. Know where you are on the chart image image

Cable Update (GBPUSD)

Know where you are on the chart image

Cable Update (GBPUSD)

USDHUF update. Speaking of scalps turned to big 3x ADR and higher swings. What a pop I got on this pair lol image

Cable Update (GBPUSD)

Last trade of the month was on EJ long. Same setup: image Zoomed out you can see price bouncing up from Monthly Ms2 level(dashed green line) image Went up smooth. Buyers and sellers agree on future value of price. These setups combine lower and ...

Cable Update (GBPUSD)

Haha. Well I didnt see that reference but yeh I don't mind being a bear. I've seen your posts and you have good perspectives particularly with macros and fundamentals incorporated into your trading so I dont know why there is any hate or jealousy ...

Cable Update (GBPUSD)

Yes and anow down again in Asian session. Lets hope it keeps pushing down. Should continue unless the perception of value changes..........

Cable Update (GBPUSD)

What do you guys think though? will it keep dropping? price now under MR1 but last time it did that price rallied back up. Is the rally over finally?

Cable Update (GBPUSD)

Hit the Monthly MR2 midpoint level between Monthly R1 and Monthly R2 at 1.2720(also know as M4). I've been waiting for this level as I profitably shorted this uptrend as it continued this month while waiting for the reversal at this level. Hopefully ...

Cable Update (GBPUSD)