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USD/CHF

A retest of previous support , not the end of the world image

The end of the US stock market is nearing

A 1000 pip drop is not the end of the world (ignore the 300 in the photo) Look at my chart how many other corrections have we had of similar or greater magnitude, did the world end, did the stock market crash? image

The end of the US stock market is nearing

Its simple , your finger pressed sell instead of buy, LOL , seriously though , prices react at lows and highs depending where we are in a wave structure in this case price was at support or previous demand area. Good luck with your trading

Cable Update (GBPUSD)

Hi Brixen , Hows it going, did you see the gap on cash comes in at 13124 , i see there is a gap on your futures chart , and coincidentally it is a major demand area or support, could be a huge bounce there. Gap fill looks very likely

DAX Futures March 2020

Dow Jones already started its move up after the correction, key level to reach and break for confirmation will be around 28933

The end of the US stock market is nearing

210 traders short according to the trades section with average entry 1.2882 gives us a clue as to where the retail liquidity is for the bulls, i think there is lot more around 1.2600 but this would probably be a mix of retail and some trading ...

Cable Update (GBPUSD)

Lol they are only searching for liquidity to dump, keep buying guys and your only feeding the shorts

Cable Update (GBPUSD)

Good job

Cable Update (GBPUSD)

Hehehe , job done, closed long took profit now i will use the markets money to short

Cable Update (GBPUSD)

Unfortunately any one who tries to short this is going to lose a lot of money, the daily uptrend is still fully intact and the current correction is about to end soon, i would start positioning long where possible

The end of the US stock market is nearing

There is the break 3029 , im in long , if we get to the 80-90s i will close long and short

Cable Update (GBPUSD)

Yes thanks, thats why im trying to position my self in a good place for shorts up at the old support which i hope will be retested before MPC tonight ready for a drop, i said yesterday, no way the big guns gonna sell from the lows or buy from highs, ...

Cable Update (GBPUSD)

Looks like yesterday was just a retest of support so i think moty is right it will fly to the 80s ready for MPC, so as i planned yesterday its a break of 3029 for me for long then i will close in the 80s and open short ready for tonight

Cable Update (GBPUSD)

Not for me , i never trust the news, only whats on my charts

Cable Update (GBPUSD)

Its not really about the news , just seeing if it confirms price action, to be fair i do not care about news because the price will show you all you need to know but quite simply interest rates are used to control inflation

Cable Update (GBPUSD)

I believe so, but for me only above 029 to confirm the reversal

Cable Update (GBPUSD)

Its coming , just said they are not happy with inflation below 2% so means willing to cut again

Cable Update (GBPUSD)

Ready for the pump and dump or it might be pump and sit at resistance ready to dump at MPC

Cable Update (GBPUSD)

If price does not go below the 2975 low and breaks 3029 i buy immediately as it breaks , then if it hits between 80-90 close buy take profit and sell ps this is not the way i would normally trade but its just for a bit of fun on fomc with small ...

Cable Update (GBPUSD)