could be a dead day today. keeping expectations low.

EURUSD

plan for the day EU/GU (buy stop // sell stop). One or the other likely to trigger today. tight stop loss.

EURUSD

scaled sell stops 2790-2810. H1 bull TL set to fail later due to profit taking. target 2680-2720. PS: scaled buy stops in EURUSD above weekly hod. target 1200. One or the other is going to work today.

Cable Update (GBPUSD)

levels today. some noteworthy strikes for GU @ NY cut. EUR/USD 1.1000 793m EUR 1.1050 776m 1.1075 533m 1.1100 729m USD/JPY 107.85 1.5bn USD 108.00 885m 108.35 515m 108.75 451m 109.00 585m 109.50 750m 109.55 600m GBP/USD 1.2700 697m GBP 1.2750 301m ...

Cable Update (GBPUSD)

out -3. re-short a bit later.

NZD/USD

expecting strong wave of profit taking today into the Brexit vote in UK Parliament on Saturday. Best setup though is in GBPUSD - wait for TL break and short it. url

EURUSD

GBPUSD FRIDAY INTRADAY SHORT TL BREAK 150 POINTS DETAILS SEE CHART - SL USE 20-40 POINTS MAX. GOOD LUCK! THIS IS INTRADAY SETUP ONLY VALID THIS FRIDAY. url

High probability live trades

intraday setup for today, expecting a strong wave of profit taking / covering into weekend Parliament vote. TL will most likely fail today. url

Cable Update (GBPUSD)

NZDUSD setting up for pullback now. bid is 6367. Target is 6300. will scale in some shorts SL 6380.

NZD/USD

EU daily wants 1.1200. So, maybe GU wants >1.3100.

Cable Update (GBPUSD)

FF 90% short GBPUSD, gives you an idea.

Cable Update (GBPUSD)

short selling is ok. however, you don't look to short sell when an epic short squeeze is in progress. so far GU is up 5% MTD. And still 80-90% retail net SHORT. So to cause more pain it might keep pushing higher, and bring EURUSD along with it for a ...

Cable Update (GBPUSD)

fortunately, GBPUSD is not the only pair you can trade in FX. Applying risk ON/OFF for the next week can produce some nice setups elsewhere. just saying.

Cable Update (GBPUSD)

IV crush will kill all the upside.

Cable Update (GBPUSD)

even if it doesn't, rejection won't be a Black Swan event, like some are predicting (1000 points limit down @ open). Cause extension is looming, and as you say, shit will drag on forever.

Cable Update (GBPUSD)

not sure this is happening today. M3.

Cable Update (GBPUSD)

On another note. I'm a big fan of ranges. Obviously you can't use weekly/monthly to make any projections now. But quarterly range comes in handy. Past 10 is 700-800 points. Low in Q4 so far was 2200. + 800 (on high end of q range) = 3000. So ...

Cable Update (GBPUSD)

GU up almost 5% MTD

Cable Update (GBPUSD)

it's possible that there's some selling, even if the news/outcome is good. Rally getting way overextended. DXY H4 hints at some sort of pullback. Although I don't see a trend change in DX at least not until end of month.

Cable Update (GBPUSD)

some IB commentary on recent GU performance Though off its five-month low by 1.2988, GBP/USD remains bid, holding at 1.2860 +0.31% Thursday, on the heels of today's Brexit deal announcement. Cable's meteoric rise, up 5.5% from its Oct. 8 low by ...

Cable Update (GBPUSD)