I respect your analysis Guy Dollar above 100k remains crucial for me for now. Peace.

Cable Update (GBPUSD)

I have no idea where price will go but if we look at a market structure shift GU still has a lower high at 1.354 ish and a lower low at 1.314 so a market structure break will be the reclaim at 1.365. So, macro traders will have to look at a shift on ...

Cable Update (GBPUSD)

I see no reason to be bullish on GU at this point and await a break below 1.3301. The dollar index has broken above 100k and unless we see a weekly to monthly close below, I see GU turning macro bearish. My yearly pivot at 101.284 coincides with the ...

Cable Update (GBPUSD)

4hr local structure shift with lower highs and lower lows. Bears remain in control. 1.33301 crucial for Bulls and break below hail Mary for Bears. Green pips. Cheers.

Cable Update (GBPUSD)

Zooming out on the weekly timeframe may give some insight into my trade entries. We have clearly seen a Market structure shift to the downside at 1.3108 Ish with a clear rejection off 1.3400 and long candle wicks and I can't see a weekly close above ...

Cable Update (GBPUSD)

Sell trade added. Cheers.

Cable Update (GBPUSD)

I have always looked up to American presidents. But man. This guy cannot be for real. I would be happy if impeachment follows. I sit and look at how Americans are suffering and it is reaching all of us. In South Africa fuel has skyrocketed and food ...

Cable Update (GBPUSD)

i am hoping for a retest of 1.32930 at least. Have a great week. Cheers.

Cable Update (GBPUSD)

I opened a sell trade. Hopefully not too early. Invalidation with a break above the trendline. Cheers.

Cable Update (GBPUSD)

Waiting patiently for a sell trade in this area. Flip zone above 1.34805. Cheers.

Cable Update (GBPUSD)

My 7-pip trail stop was hit. I have opened another buy trade with an 8-pip s/loss. Monday low was hit to perfection with Tuesdays retest of the Monday low. target 1.33020. Cheers.

Cable Update (GBPUSD)

Thanks, Forgediron. 1.32689 was hit very nicely giving me 64 pips. I have moved my second trade stop to 7 pips. Hopefully will have another leg up. Cheers.

Cable Update (GBPUSD)

Early start to the week. Buy trades in with 1st take profit at 1.32689 and stops below 1.315. I could be wrong of course. Have a great week.

Cable Update (GBPUSD)

I have no idea where we will end up with the Hormuz crisis but there should be some retrace to 1.32689. I am adjusting my Strat to follow intraday. Summer Season is upon us.

Cable Update (GBPUSD)

Weekly break in progress on the dollar index above 100 dollars. Weekly break and hold above the flip zone not good for Gu bulls. Cheers

Cable Update (GBPUSD)

We are at an inflection point with Gu. If the Us dollar index with 4 touches already closes this month above my highlighted area. Long trades will be off the table on Gu. Trade well. Cheers.

Cable Update (GBPUSD)

Well yes Sir. depends on your account size and risk tolerance. I am for higher and of course according to my account size, Cheers

Cable Update (GBPUSD)

scalp sell trade, Does not hold as much power as the higher time frames but worth a 10 to 30 pip scalp. Cheers

Cable Update (GBPUSD)

Above sell limits were not triggered. New buy trade at 1.33481 with immediate target 1.33807. Have a great week, Cheers

Cable Update (GBPUSD)

Unfortunately won't be around to monitor price action around this area but have set sell limits between 61.8 to 70% fib retracements. Cheers.

Cable Update (GBPUSD)