Thing is if equities (near the lows) stage a big rally....then GU will be around 1.3 really So watch out

Cable Update (GBPUSD)

No Only m1...Stronger now adding a few shorts see if it can go back to 11605

Cable Update (GBPUSD)

weak m1 turned down Waiting for strong m1 to turn down Then it could retrace nicely, until m5 turns too...for bigger move down

Cable Update (GBPUSD)

Below 11580 it may resume downmove towards 11300.... I'll hold my short, scalps long on the way down

Cable Update (GBPUSD)

gambling short 11676 as m1 still didn't turn down, but price at big res here

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To crazy to sell here, i'd wait for m1 to turn down, everything is up up up (but clearly overextended, driven by fake CPI)

Cable Update (GBPUSD)

Not saying 1.30, but saying 1.13 actually

Cable Update (GBPUSD)

One thing i look at is the 1300 level But its tricky, because price ALWAYS retrack back to its weekly open (whenever there is a gap up or down, it close the gap aka previous weekly close then back to its open) So it will retrace back there, but ...

Cable Update (GBPUSD)

It seems all components were hot expect for Oil and used car (midterm suppression). US was using SPR and other tools to keep Oil down for the midterm

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Whole CPI was driven by removal of WTI/Used car...no wonder it dropped Totally fake numbers IMO

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My concern is equities, i don't see equity doing a run up yet, but i can see GU doing so Obviously one is wrong I'll stay aside i guess

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Got this feeling any dump will result in bigger pump later.... We will see

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yes, she is my fantasy

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but at what price ? down 99% ?

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crazy about it tried to reach the gap around 1610 then massive rejection before it If "all good", it should go for the weekly open around 1300

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vix is my risk on/off meter If you look "historically", whenever its low and inside an OS area, it tends to bounce nicely Meaning we shall see a potential leg down in equity (or near, it will depend on the vix acts) with a DXY rally (as it tends to ...

Cable Update (GBPUSD)

I seriously think Vix will blow skyward, bringing equities to the ground. Bitcoin blowing up DXY could follow skyhigh...before topping Watch out if you are short dollar

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Watch out risky asset Buying protection for equities, and dollar could rise big if so Election/CPI week Using rise to sell into

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To me, by looking at your chart, you should be able to make money Buy when stoch around/below 20 with your EMA purple Sell when stoch around/above 80 with your EMA yellow no ? Trading is nothing smarter than that really Just need to get out quickly ...

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From what i read, same problem as me before You are looking at moves from top/bottom, bottom/top, and looking at all moves Out of this 100pips, if you can bag 20....be happy and move on if you trade intraday, check m15/m5/m1....check their trends, ...

Cable Update (GBPUSD)