Long at 1.2475. This could be the low for this week. I'm still in buy dip mode so I think this is a good spot to load up.

Cable Update (GBPUSD)

Smart money are waiting for good opportunity to reload longs. I don't know who shorts but those are usually the ones paying for the smart money. It's happened time and time again when news provide a spike against the trend, then smart money comes in ...

Cable Update (GBPUSD)

These dip buyers are waiting at every opportunity to jump in long. This news is only providing that dip. I don't see a 200 pip drop so I'd be very careful shorting here.

Cable Update (GBPUSD)

Are you shorting EU right now or waiting for a break of a certain level to short? You go ahead and sell at a massive support when price is low. I'm buying low. If price would behave like the the news wanted it to then we'd all be millionaires.

EURUSD

This is gonna be as cheap as it will get for buyers. EU hasn't traded below 1.05 since 2002 so this is a very strong support. I mean if you're a buyer, you can wait for confirmation of support holding and pay for a higher entry or pay for low entry ...

EURUSD

There is literally no support that I can see on my MT4 chart since price has never gotten this low before. I wonder how the market determines a support level when there are no historical prices. Fibo extension?

Cable Update (GBPUSD)

It already retested 1.39 once. I wonder if it'll do another test before the next big sell off.

Cable Update (GBPUSD)

How low will she go? There aren't support/resistance on my chart anymore since price has never gone this low before. I really don't know how to trade except maybe get in a short and hold.

Cable Update (GBPUSD)

Time for the central banks to step in?

Cable Update (GBPUSD)

So basically if the vote is to exit the EU, we're gonna see like 1000+ pip drop in a single day from GU. I'm down with that. Lets hope for that scenario so we all could become rich in a single day. Otherwise, if the vote is to remain in EU, which is ...

Cable Update (GBPUSD)

A lot of ranging before the Britain vote in 2 weeks. I'm playing the range. Long at 1.4505. TP 1.4595. SL 1.44

Cable Update (GBPUSD)