Spot on

Cable Update (GBPUSD)

Stop adjusted to 1.2515... madness always happen when the trend is about to end will stretch reverse traders to the limit... See May 15.

Cable Update (GBPUSD)

I strongly agree with you.

Cable Update (GBPUSD)

It's his lunacy that will drive USD higher when chaos escalates... Remember USD is safe haven when uncertainties are present and Brexit unending saga resumes tomorrow with their proposed negative rates.

Cable Update (GBPUSD)

Quick stat on June June 2017 Open :1.2889 High :1.3029 Low. :1.2588 Range. : 441pips (Open to High range = 140 pips) June 2018 Open :1.3295 High :1.3471 Low :1.3048 Range. :423pips (Open to High range = 184 pips) June 2019 Open :1.2628 High. :1.2782 ...

Cable Update (GBPUSD)

Anything other than 1.2280 will raise my eyebrows... The Bears are angry ..hahaha

Cable Update (GBPUSD)

There might be no chance tomorrow at London as price will likely start grinding lower to 1.2280 region. Though this cable is capable of doing the unthinkable! Cheers mate.

Cable Update (GBPUSD)

I put the stop at 1.2500 as the chance of hitting it based on daily range is very slim though can be shifted a bit to 1.2506 if under attack. New target is now 1.2280 and stand aside.

Cable Update (GBPUSD)

Second short at 1.2470... still same stop at 1.2500 target 1.2280 and 1.2160

Cable Update (GBPUSD)

Personally I have placed a short from 1.2410 with partial closure at 1.2300 and full closure at 1.2160, my stop level is 1.2500 being swing trades.

Cable Update (GBPUSD)

Last Thursday post during London market, I clearly stated a break of 1.2320 means 1.2435 is definite, then price will find its way back to 1.21/1.20 levels.

Cable Update (GBPUSD)

You are right, lower time frames still looks bullish, waiting on the 4 hours chat to close below the opening price for bearish confirmation or wait for price to range 130 - 150 pips today for a certain reversal as Mondays are now having more volume ...

Cable Update (GBPUSD)

True, records are meant to be broken but weekly still has a big chance of returning to 1.2300 before or if any further rise.

Cable Update (GBPUSD)

Quick stat: Price has always fallen below the weekly opening price by 5 pips or more in the last 130 trading weeks. The last time price failed to drop below the weekly opening price by 5 pips or more was 15th of January 2018 and that week had a ...

Cable Update (GBPUSD)

You are not obliged to respond to anyone who disrespects you or any other trader. Keep up the good work as you are a great trader and many reasonable traders appreciate you here.

Cable Update (GBPUSD)

This early rise in Asia and early in the month calls for a bearish move this June and I see a very bearish June in the first two weeks. Possible weekly high: 1 2435 Possible weekly low:. 1.2140. Just my view not an advise for anyone. Cheers!

Cable Update (GBPUSD)

It is okay to have a trading bias but market always sets the tone and we follow by reacting to it. In all the opening days of the month in year 2020 price has sold, while there hasn't been 3 consecutive weeks of buying in 2020 so far. Also in 2019, ...

Cable Update (GBPUSD)

The first trading day of the month from January till date have been selling with Average range of 80-110pips. Also in 2020 so far there hasn't been 3 consecutive weeks of buying. In the bearish weeks we have had so far this year most have only ...

Cable Update (GBPUSD)

I totally agree with you this looks very much like a classic sell off in the making.

Cable Update (GBPUSD)

In most cases like this The following week will end bearish with little or no buying at all. Cable hasn't had 3 consecutive weeks of buying in 2020. So far this week makes it two consecutive weeks of buying. The bias for next week is now bearish. ...

Cable Update (GBPUSD)