True, i don't try to think But 170pips before an important release? What's left for buyers? unless they know something I don't chase this upside momentum as a flush is near for the short term

Cable Update (GBPUSD)

Rising that much with PPI soon ? Sounds fishy And nasdaq up 2%....imagine soft PPI, then limit up, but strong PPI....BIG flush

Cable Update (GBPUSD)

Seeing dollar dropping 100p+ before PPI ? reminds me of seeing it rising 100p before CPI....just an observation

Cable Update (GBPUSD)

if PPI coming soft, bye bye bears else, welcome back bulls Waiting, as GU has a meeting with 1.13.....but it can go to 1.3+ before it So i'll be waiting for the right setups

Cable Update (GBPUSD)

If it goes to 1.13 it will cancel what i think But 1.14/1.16 yes, before another leg up, same for Euro above parity, and same for equities (with 5% drop or so) If all in synce, there is a big chance of a fat rally

Cable Update (GBPUSD)

next week could be 1.25/1.30 if CPI is very weak + equity buying...could be a SICK year end rally this time

Cable Update (GBPUSD)

Strategy is to close plateform, and just buy blindly Any small dip is bought Wouldn't be surprise to see 100/150 rise a day for the next few days, to kill all dollar bulls And equity is in meltup mood, most people see new ATH within 4/6 months now, ...

Cable Update (GBPUSD)

GU could be doing a 2020 style....if so, buy all dips until 1.33+ (voided below 1.13) and EU 1.13/1/15 before parity So, will look to buy below 1.16 & below 1.02 for EU Good RR

Cable Update (GBPUSD)

For some reason i can see a quick strong move below 11600 to clear all those buyers from the top Wild dream

Cable Update (GBPUSD)

1.0165/75 EU looks attractive, will wait for m1 to turn down and try a few shorts

Cable Update (GBPUSD)

Very good demand around 11660/70

Cable Update (GBPUSD)

Better sit on hands EU can back below 1.02 or above 1.05+ today, and GU below 1.16 or above 1.2 We never know, they are unwinding leveraged positions, which could be ugly Rough day for counter trades, but can pay off nicely

Cable Update (GBPUSD)

It seems WallStreet don't care about what the FED do or say, WS is playing his own game And at this rate, equities will be at all time high, with hyperinflation in the process

Cable Update (GBPUSD)

Its actually the reason WallStreet is looking at FED pivot, less rate hike, or a pause Funny when you see inflation nearing 8% and you hear FED pause on hikes...

Cable Update (GBPUSD)

EU heading for gap around 1.07....GU may be around 1.25 then EU will reach 1.07 & 0.99, which ever come first i don't know

Cable Update (GBPUSD)

FOMO, back below 13k to clear all late longs

Cable Update (GBPUSD)

Since beginning of the day, all highs are being met with sellers i wouldn't chase this move higher and buy i prefer the sell side here from 11760

Cable Update (GBPUSD)

won't be suprised to see 1.25/1.3 for year end massive dollar selling and equity rise...without any reasons honestly

Cable Update (GBPUSD)

It actually can be a good strategy Find a system that is very ugly and make you lose all the time, then do the opposite of it, use a good MM and bingo

Cable Update (GBPUSD)

I don't believe in it at all Inflation near 8% and bulls calling for FED pivot, with more QE. They are just sick But don't underestimate bear market rallies...they can bring 15/20% in the face before printing new lows again Dollar bulls will suffer ...

Cable Update (GBPUSD)