The statement from the Germans yesterday turned the Market sentiment quite bearish. Risk Aversion strategy is in play again. I am short gbp/usd from 1.5796 short euro/usd from 1.3784 and 1.3768 Short the eur/jpy, nzd/jpy, aud/jpy and cad/jpy also.

Cable Update (GBPUSD)

booked more profits. i am out of all trades now.

Cable Update (GBPUSD)

been doing this all day. In and out quickly.

Cable Update (GBPUSD)

I made the majority of my pips shorting the jpy pairs and buying eur/aud and gbp/aud today

Cable Update (GBPUSD)

lol no big rallies for sure. i just kept selling into any up move on the shorter time frames.

Cable Update (GBPUSD)

Risk aversion strategy today. I shorted all the jpy pairs. I bought the gbp/aud and eur/aud. Sold every rally in gbp/usd and eur/usd. Booked a lot of pips.

Cable Update (GBPUSD)

I am still standing aside today.

Cable Update (GBPUSD)

Market Sentiment has turned from Risk On to Slight Risk Aversion. I am seeing profit taking as the 4 hour chart has rolled over with a 5 sma crossover, and is currently testing the support of the green 22 sma and the blue 14 sma. Stocks are down in ...

Cable Update (GBPUSD)

4 hour chart looks like we may get a pull back to the previous swing high around 1.5715 or so. That would be a 5 sma retrace.

Cable Update (GBPUSD)

If you wanna short the GBP on Risk Appetite, then short it against the AUD. I booked partial profits and holding short from 1.5682 with profits locked in @ +2 pips.

Cable Update (GBPUSD)

keep posting.

Cable Update (GBPUSD)

I was referring to London stock markets....

Cable Update (GBPUSD)

Risk appetite was very strong today. Risk is high to short it today. The hourly chart is forming a flag formation. London session is closed now with not much profit taking. This tells me that they are holding their long positions. FOMC minutes later ...

Cable Update (GBPUSD)

The aqua colored 100 sma on the weekly chart is providing resistance here.

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There are sell orders, option defense, and stop losses sitting around 1.5820. I am standing aside for now.

Cable Update (GBPUSD)

TP hit again.

Cable Update (GBPUSD)

Yes, today's upmove.

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Bought the pull back on risk appetite sentiment.

Cable Update (GBPUSD)

There is daily pattern of a retrace around the U.S. Dow open time.

Cable Update (GBPUSD)

My limit orders, however did hit on the gbp/aud, eur/aud, and aud/jpy

Cable Update (GBPUSD)