EUR/USD

The Swamp

I think because GBP/USD is currently ranging so the logic immediately fails. In Range, price is lost.. if you know what I mean..

Cable Update (GBPUSD)

Excellent stuff! Now, I am hoping Asian Session will drive them up just a little bit more to 38.2% at least. Then, we should start thinking about really long-term Short. Just my thoughts.. USD/JPY H4.. (I am a little bit unsure about what will ...

Cable Update (GBPUSD)

I think 131 should do the trick for today. I don't expect any more waves today, hopefully.. I am done for today, I went long USD, EUR and GBP against Yen on todays lows as best as I could.. now, it's time to rest and let the price do it's job and ...

Cable Update (GBPUSD)

One of the craziest days in 2022? I think so.. we had that moment with Pound once when it dropped to 1.03.. and also CHF/JPY 800 pips. BoJ interventions. The only regret I have is not to go long after BoE intervened in the market.. that was stupid.. ...

Cable Update (GBPUSD)

USD/JPY Long @ 130.636.. I'll catch this train eventually! +40 pips for now, unless I'm 200 pips up, I don't trust it's a retracement.. This is the hour for retracement perhaps.. most of the traders gone by now, London closed.. EUR/JPY 138.999 ...

Cable Update (GBPUSD)

USD/JPY Minute Chart Price kissed 131.000 exactly! Long @ 131.034.. Trying is the first step to failure..

Cable Update (GBPUSD)

GBP/JPY... 800 pips so far.. Last time we saw this kind of drop is also vs Yen, but it was CHF/JPY though.

Cable Update (GBPUSD)

Hey Jay! Sorry, I was looking at the USD/JPY price now since it created a new low now, again.. NZD/USD At the moment.. 15M Sell 30M Sell Hourly Sell H4 Sell Daily... as you can see. If it closes like this, system thinks the price is about to drop.. ...

Cable Update (GBPUSD)

NZD/CAD Weekly Short @ 0.86275 ** (NZ Change in GDT Price Index: -3.8% (prev +0.6%)) **

Cable Update (GBPUSD)

EUR/CAD H4 Went Short @ 144.705. Potential: 450 pips

Cable Update (GBPUSD)

Either we'll get the retracement now or... 1M and 5M also Long now. Would be way better for Hourly to confirm, but we're 150 pips or more away from that and could potentially miss the trade.

Cable Update (GBPUSD)

Thanks for reply! After this Week, I'll think about the situation definitely as I am not keen on leaving trades open during holidays because anything can happen and we are much more vulnerable to crazy moves.

Cable Update (GBPUSD)

GBP/USD complete Range, don't even bother trading this crap.. unless you can actually make money in this disaster..

Cable Update (GBPUSD)

Well, we look at the history right? Which currencies do well during recession? USD, CHF and JPY. Next, we look for those very good opportunities to enter long on these currencies. Which currencies do badly during recession? Well, the winner here is ...

Cable Update (GBPUSD)

USD/JPY 15M Long 30M just confirmed Long We'll see.. This or next 15M closing below 132.140 isn't good for Bulls..still! 15M Chart... 30M... And H1

Cable Update (GBPUSD)

USD/JPY lookin' good so far! Hihi .

Cable Update (GBPUSD)

Well, now that you know that recession is inevitable and some currencies will do better than the other, what's the plan?

Cable Update (GBPUSD)

That's why I enter with smaller lot size so I can endure even 100 pips without too much of a worry. Eventually retracement will come and I'll even be 100 pips in profit if not even more. We're talking about USD here..

Cable Update (GBPUSD)