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Ill-b-back replied Aug 8, 2019Well it wouldn't be the first time I'm wrong for sure, but what you have shown is a bearish wedge inside a spikey top triangle
Cable Update (GBPUSD)
- Ill-b-back replied Aug 8, 2019
I could be wrong, but I think there's a bear in there
Cable Update (GBPUSD)
- Ill-b-back replied Aug 7, 2019
Yep, watch for the typical cable false breakout north with a full bodied candle.
Cable Update (GBPUSD)
- Ill-b-back replied Aug 6, 2019
I am of the opinion the market wants to sell to us this week. We are just currently negotiating the price....
Cable Update (GBPUSD)
- Ill-b-back replied Aug 5, 2019
I'm thinking 2050 area before any chance of a meaningful retrace north
Cable Update (GBPUSD)
- Ill-b-back replied Aug 3, 2019
Hi mate, I was really just referring to the counter trend move usually made early, before NY takes the good price and turns it into profit by going with the trend. Usually...
Cable Update (GBPUSD)
- Ill-b-back replied Aug 3, 2019
Pretty clear mate. Cable has a rhythm between London and NY
Cable Update (GBPUSD)
- Ill-b-back replied Aug 2, 2019
GBPUSD bulls at 68% on FF. Any shorts taken from around May 7th when the herd sentiment turned bullish, would still be in play...
Trading against the herd
- Ill-b-back commented Aug 2, 2019
China needs to hold those treasuries almost as much as the US needs to offload them....
China Spokeswoman: If US Is Bent On Doing This We Will Have To take Countermeasures
- Ill-b-back replied Aug 1, 2019
So a retest of 2150 1hr resistance should be a good short for 100 pips or so if you get the opportunity.
Cable Update (GBPUSD)
- Ill-b-back commented Aug 1, 2019
No. I do however trade longer time frames, so perspectives can differ to other traders
Get Ready for a Weaker U.S. Dollar... And Stronger Gold
- Ill-b-back commented Aug 1, 2019
No one said markets were logical, but being on the right side of the market is important if you want to take money from it.....
Get Ready for a Weaker U.S. Dollar... And Stronger Gold
- Ill-b-back commented Aug 1, 2019
Ok tben, it just retested the highlighted monthly support in June, then bounced, and is still accelerating north...... Who cares...? Raise rates and the $ fell... Cut rates and........
Get Ready for a Weaker U.S. Dollar... And Stronger Gold
- Ill-b-back commented Aug 1, 2019
Tell me, what happened to the $ over recent years when the Federal Reserve RAISED RATES? The $ dropped. Why? Because they signalled their intention ahead of time and the rate rise was priced in prior to the event. Same happening now with this rate ...
Get Ready for a Weaker U.S. Dollar... And Stronger Gold
- Ill-b-back commented Aug 1, 2019
bears may get a temporary reprieve next week, before the nightmare continues......
Get Ready for a Weaker U.S. Dollar... And Stronger Gold