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busifx replied May 23, 2023A GU long @ 2415 looks somewhat expensive to me with plenty downside. if only market could give me 24 figure. or could there still be time for a dip back to test 2391 accumulation zone before NY close? stop hunters took me out last time at that level
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busifx replied May 23, 2023I've been such a fool since yesterday. longed GU @ 2415 minutes ago and closed at a 2 pip loss. wtf men i need deliverance
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busifx replied May 23, 2023Seems like all the bulls from 2373 are in the market and keeping prices supported above 1.24 figure. giving DXY is currently at 103.60 support we could see GU price breaking higher into asia if Dxy is not able to climb above 103.65 levels. on the ...
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busifx replied May 23, 2023Bought GU @ 2478 and foolishly moved SL to BE after just10pips. now iam in pains

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busifx replied May 23, 2023heads up for DXY 103.60 resistance. we would probably see dollar bears lean on this level.
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busifx replied May 22, 2023Seems like the prospect of a debt ceiling resolution within 24hrs is giving the dollar some tail wind. makes positioning tricky as we could see a knee jerk reaction at news of a deal. trade with tight technical stops
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busifx replied May 22, 2023103 has proven to be strong support for the DXY. this level also coincides with the 23% fibonnacci retracement from the move up from 101 figure. are we likely to see a retest of 103.60 monthly high this week? watching and monitoring this ...
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busifx replied May 22, 2023Damn i missed that short @ 2470 waiting for price to push 2483.
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busifx replied May 19, 2023rumour on the wire reporting breakdown in debt ceiling meeting and GOP walk out of meeting. not sure what the potential impact could be since Powel is also speaking now.
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busifx replied May 19, 2023oh i see. He would probably stay hawkish like his other colleagues have which could give dollar a nice tailwind into the weekend.
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busifx replied May 19, 2023Ive a feeling we will see either of 2400 or 2500 figure today with Chair Powel fanning the flames of chaos from his podium. todays being Friday and we could be in for a rollercoaster.
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busifx replied May 19, 2023watch out for battle for 2438 accumulation zone. Expect the GU bulls to put up a stiff fight here if price drops back there.
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busifx replied May 18, 2023at this point we'll be lucky to close above 1.24 hawkish comments from fedspeak with strong job numbers is giving the dollar quite a boost. sad sad day for GU bulls today

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busifx replied May 18, 2023Long GU @ 2420 targeting 2477 level. stops @ 2390 levels but will close the trade and run for the hills if DXY breaks above 103.40 new high. targeting a retest of 103.18
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busifx replied May 17, 2023Short Gu @ 1.2503 with no particular target in mind. Tentative stop just above 2535 levels but will exit if DXY breaks back below 102.75 support
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busifx replied May 17, 2023Bears managed to seize control of 103 from the infidel bulls. they have retreated to 102.80 Watch out and dont be caught napping into the north american close liquidity trap
Cable Update (GBPUSD)