Sold a bit here - we'll see if the flag breaks down

Cable Update (GBPUSD)

Do you give any weight to fundamentals at all? I feel that traders may be slowly repricing in the rate hikes by FED thus some continued USD demand might be likely for awhile.

Cable Update (GBPUSD)

Going to sell around 1.26677 - bl**dy tired today so I don't think Ill be taking much risk; my fatigued decision making is always questionable.

Cable Update (GBPUSD)

I think Ill just be selling this on the steps down today

Cable Update (GBPUSD)

Not to clog the thread - but can also confirm that Twee is real and is a very sweet person. Good guy; I chatted to him years ago from an old account before I quit trading for a few years for family. Couldn't ask for a better MOD IMO.

Cable Update (GBPUSD)

Hope y'all made some pips today folks! Even my BTC short managed to pay a bit XD On a more philosophical note; maybe a day may come where the herd doesn't always get slaughtered - idk though maybe price will just come straight back up and push north ...

Cable Update (GBPUSD)

A lot quiter than you'd expect before such an announcement., I'm short - we'll see - tiny position so not really that important.

Cable Update (GBPUSD)

Adding some tentative shorts here

Cable Update (GBPUSD)

Means they aren't a bot at least...I think

Cable Update (GBPUSD)

I've given up on that XD - although it will happen eventually - best to just buy a put if anything like that or similar is available.

Real Trading

Very true. I find it interesting that both BOC & RBA went against forecasts recently and raised rates - its known that CB's co-ordinate policy (I forget that meeting they all attend but it has a name). Just an interesting thought, IF they did raise ...

Cable Update (GBPUSD)

Its not entirely impossible for FED to raise rates this evening - I mean its unlikely as far as market is concerned, and I haven't crunched the statistics - but its worth keeping in mind. The best trades are against the herd after all.

Cable Update (GBPUSD)

Plenty of pips to be made today lads (and ladies) - lets all bring it home

Cable Update (GBPUSD)

Maybe a stop hunt higher before heading south? I'm not sure - best to wait until FED like everyone else it seems.

Cable Update (GBPUSD)

Shorted here - idk though basing it off 1M charts - no other instrument looks very alluring today

GBPJPY

The way I'm seeing it currently, is that traders use the CPI to gauge Central Bank actions; considering we have the FED tomorrow - I believe most will simply wait for their announcement rather than pricing in estimations - CPI doesn't always precede ...

Cable Update (GBPUSD)

I'd bet it comes in below expectation - we'll see though - plenty of news to come so best not to get sucked in

Cable Update (GBPUSD)

Well...yes - as it directly impacts the expected interest rate levels - one of, if not the, major force in FX pricing. Although I don't see UK CPI being released today - however it's an easy thing to test, just look at previous price action on ...

Cable Update (GBPUSD)

Think we may possibly see some move up here for G/U - although because of the massive data week everything a bit uncertain - could go lower but Im starting to get a bit bored ha

Cable Update (GBPUSD)

Aiming for the blue channel - I wouldn't add any buys until then. Still holding short on EUR and they're pretty correlated anyway

Cable Update (GBPUSD)