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- Benton replied Apr 15, 2021
I have equally-weighted GBP and USD indices. Their values are designed as: gbpind = ((gbpusd + gbpcad + gbpaud + gbpnzd + gbpchf) * 100 + 100 / eurgbp + gbpjpy) / 7; usdind = (usdjpy + (usdcad + usdchf) * 100 + (1 / eurusd + 1 / gbpusd+ 1 / audusd + ...
Cable Update (GBPUSD)
- Benton replied Apr 13, 2021
GU could break higher in Asia session. Be patient!
Cable Update (GBPUSD)
- Benton replied Apr 8, 2021
I have closed sell positions at 1.3725. I am waiting for sell opportunity above 1.3750. I don't believe that GU would go up beyond 1.3770 for today. Tomorrow is possible, but not for today! It is quite possible for GU to go below 1.3700 before ...
Cable Update (GBPUSD)
- Benton replied Apr 2, 2021
Today is bank holiday. They are off work, no buy and no sell. I expect that today's movement will be very limited!
Cable Update (GBPUSD)
- Benton replied Apr 2, 2021
TRADING IN THE ZONE- MARK DOUGLAS (FULL AUDIOBOOK): video
Cable Update (GBPUSD)
- Benton replied Apr 2, 2021
closed short position with only 3 pips profit. I avoid Non-Farm labor data time.
Cable Update (GBPUSD)
- Benton replied Apr 1, 2021
closed long at 1.38346. Today's loss has been recovered!
Cable Update (GBPUSD)
- Benton replied Apr 1, 2021
Yield is falling quickly, equity market is rising, dxy is falling. This is very good condition for GU bull. extremely caution for short!
Cable Update (GBPUSD)
- Benton replied Apr 1, 2021
closed long positions. GU hesitates to advance and seems lacking driving force. It could drop!
Cable Update (GBPUSD)
- Benton replied Apr 1, 2021
If GU goes below 1.3762, you could be right. Let's watch it!
Cable Update (GBPUSD)
- Benton replied Mar 31, 2021
I have closed the majority of my long positions. Only one tiny lot long is still running. Uncertainty ahead. I am still long bias, but GU could drop to lower end of 1.37s before going up!
Cable Update (GBPUSD)
- Benton replied Mar 31, 2021
The most important speaker for today is Joe Biden, at 4:20 PM EST, 3 hrs 35 minutes from now. He could shake the market!
Cable Update (GBPUSD)
- Benton replied Mar 31, 2021
The equity market are all rising. Dow, S&P, Nasdaq, are all green. This is a very good sign for GU. Up! up! up! The only troubling sign is that the speed of yield dropping has stopped. It is flat now.
Cable Update (GBPUSD)
- Benton replied Mar 31, 2021
yield is dropping. dxy is dropping. GU uptrend should last to at least the end of session!
Cable Update (GBPUSD)
- Benton replied Mar 31, 2021
I will short near the end of NY session or at Asia session. Price level is important, timing is also important!
Cable Update (GBPUSD)