The SAD part is this - the USA equity market doesn't believe the FED and actually believes that rate CUTS are coming in 2023. WRONG!!!! Don't fight the FED people.

Cable Update (GBPUSD)

What MORE needs to be said? DON'T FIGHT THE FED! image

Cable Update (GBPUSD)

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EURUSD only

I think of it this way image I'm not shorting GBP (Cable); I'm buying DXY! It's all perspective

Cable Update (GBPUSD)

I don't want to bother you but could you elaborate on this bearish shark pattern? image Is your pattern resemble this???

EURUSD only

image Stop whining and buy UJ now!

Cable Update (GBPUSD)

Thanks for the explaination!

Cable Update (GBPUSD)

That 105.0 on the DXY is a real "BEAR" to break. If (and that's a big IF) DXY can break and HOLD 105 it opens the door to 105.5 easily. image image

Cable Update (GBPUSD)

OR You could BUY USD..... Can you explain to me why you choose to sell DXY instead of buying? Convince me....please....

Cable Update (GBPUSD)

All I want for Christmas if for DXY to close and HOLD above 104.80! image

Cable Update (GBPUSD)

REALLY??? image

EURUSD only

I'm REALLY wanting to see 1.2180 break and HOLD. Why??? image Those would be the transitory inflation brokers....

Cable Update (GBPUSD)

And we're off... image

Cable Update (GBPUSD)

While I'm rooting for you I don't have the nuts for placing a trade BEFORE the PMI. Maybe I'm actually learning patience????

Cable Update (GBPUSD)

Remember to be impartial Good News - Bad News - Doesn't matter. Price Action is what matters. Remember the past CPI & PMI? Huge initial spikes that within 6 hours were totally filled. Be like water and go with the flow...

Cable Update (GBPUSD)

Garrick, On my daily DXY I'm expecting a pullback to the 106.00-107.00 range (23-38% re-tracement) before deciding on a direction. Curious but with the holiday periods (starting next week until January) do you "modify" your charts to compensate for ...

Cable Update (GBPUSD)

You are VERY correct. I really don't know WHY people are talking about Cable rising except to get a better short entry. Let's review FUNDAMENTALS shall we? Powell SAID, we have MORE WORK TO DO! Terminal rate is 5.1% Look at the numbers from the UK ...

Cable Update (GBPUSD)

This is the problem with mobile trading and alerts - or IS it a problem? My initial short was closed on the spike below 1.06. So I re-entered my short and I'll turn off the computer... image

EURUSD only

I wonder if your wife knows that....Whom do you obey more????

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Hey I agree and wait until PMI tomorrow... image Mmmmmm

EURUSD only