the 15 minute dollar index chart image

Cable Update (GBPUSD)

Went short on EUR/USD. Basically because DXY is still in confluence with a heavy demand(blue) area in combination with a very respected trend line. ( not fully broken just yet ) image DXY image

EURUSD

Sure, very well possible. Strong commitment to bond purchases might have caused it. Another one might say that the "Japanese names join the EUR/CHF buying bonanza" might have caused more EUR strength in the morning than GBP today. Another major ...

Cable Update (GBPUSD)

Yeah too bad I made the wrong choice when choosing between EUR or GBP on the trade previous page. I would have not been stopped out on my possible NFP runner after closing the position partially if EUR/GBP didn't decide to go further bullish. Oh ...

Cable Update (GBPUSD)

I was talking about EUR/USD being bearish short term one minute. I am scalping one minute charts. Like I mentioned before. The dollar index was being at its daily lows when EUR/USD did not went bullish one bit. It went down instead. Dollar weakness, ...

Cable Update (GBPUSD)

Missed your earlier post, sorry for not responding Bg . Well, EUR/CHF just went down with a pretty decent move. EUR/GBP followed soon after with an "okay" short term down move. I am really hoping for DXY to gain some bullish momentum. It would ...

Cable Update (GBPUSD)

Had opened a long some minutes ago on cable. EUR/GBP still got a good boost unfortunately. Should have chosen EUR after all short term... image

Cable Update (GBPUSD)

Cable is going down because its the weaker cross of the two majors. Just watch how EUR/GBP exploded. 1 hour ago there was short term dollar strength kicking in as shown on DXY. However, EUR kept rising when GBP kept falling. EUR/CHF is the reason ...

Cable Update (GBPUSD)

My grandma once came over. Didn't had a clue about the market. It made no sense to her at all. She would simply place a stop above a previous high when price is near. (Yes, she is smart!) Having a 10 pip SL and always aiming for a ridiculous 100 pip ...

Cable Update (GBPUSD)

You know that spamming "green pips" posts will get you replies like the one before. Doesn't matter whether its true or not. There's a journal section for this...

EURUSD

It's struggling on this breakout. Not enough momentum yet for a clear breakout on lower TF's. ISM should give directions. Either way, its going to be a massive move. If it fails we're back in a broad ranging which would mean a whole reversal for EUR ...

EURUSD

Textbook dollar index. Had a retrace to 50 fib before potential breakout. First real confluence level above possible breakout is 10033.. Which would mean about a 50-70 pips move(down) on EUR/USD if successful.. image

EURUSD

Would make a good movie cover hellfire! image

EURUSD

Spekitox, first of all, thanks for your respond! The thing you mention: "It's not something exact, more like bias." I agree this will most likely work out on higher time frames as you said. However, I am trading one minute charts and one minute ...

EUR/GBP, a guide?

Girls at the bar most likely. Weekend!

EURUSD

By all means, do so I already closed mine. I didn't had its SL covered with another position so would be a bit risky on my side. Good chance your scenario might come out, lets see..

Cable Update (GBPUSD)

I hope you closed some of your shorts in time?

Cable Update (GBPUSD)

One short runner atm for cable ahead of Ben's speech myself. Missed all the upmove buffers yet again. image

Cable Update (GBPUSD)

I am still seeing for myself if the pros are outweighing the cons. The problem that I have seen multiple times are the conflicting signals which in the end cause hesitation in execution. Another approach would be to simply open a trade on the pair ...

EUR/GBP, a guide?

One more picture. Could not add this one in previous post for some reason. Anyway, at that time cable did not move at all. In other words. The break of support confluence followed by a further down move for EUR/USD was not because of good dollar ...

EUR/GBP, a guide?