What a crazy PA the past few hours...looks like a strong bear, but I don't trust this...too much volatility...rather stay out on this. EDIT: Didn't see these crazy movements for a while during asian session...something is going on, either someone ...

Cable Update (GBPUSD)

I used the previous H4 top as a SL, got stopped out very fast, better to stay flat until either way higher or way lower.

Cable Update (GBPUSD)

Short closed with a minor loss...I'm done for today, pretty much BE, so waste of time. Not shorting this at these levels. btw USDX is going down, big rejection today, so I think I'm done with eur or cable shorts for the week. Still buying.

Cable Update (GBPUSD)

Took a greedy little short at 7102.

Cable Update (GBPUSD)

I'm out on cable long, too...close -5 pips, there is always lower I can buy at.

Cable Update (GBPUSD)

And I'm out...well, was worth the risk.

Cable Update (GBPUSD)

Then lets wait if this closes above 1.71 and high enough to go for it. EDIT: Got it at 3523, SL 4 pips...lets see.

Cable Update (GBPUSD)

I have nothing against 1.69, do you mind if we go to 1.7145 one more time before that? I would appreciate that. btw I'm only watching intraday PA.

Cable Update (GBPUSD)

Which trade? I'm long on cable, I don't open 2 trades at a time, most of the time. If I was long on eur, I would set a SL below 3519, so risking 6-7 pips. Do you need big pockets for that? Or are you one of those martingale super traders, who add ...

Cable Update (GBPUSD)

You are right, markets are random. Thats why when euro hit 3503 not so long ago, it spiked 160 pips in a few hours. I bet the traders on FF did that move, since most of them were short below 1.36 by that time.

Cable Update (GBPUSD)

Not sure about exact numbers, but euro's top was 1.6, cable's top 2.1, 2500 pips and almost 4000 pips.

Cable Update (GBPUSD)

You know...there is always someone on the other side of the trade...the more money, the easier they can protect a level.

Cable Update (GBPUSD)

So far so good. image

Cable Update (GBPUSD)

Based on PA. Look at 3520 on euro...somebody big is protecting it. If it holds today, bulls won. Same on Cable...71 still a solid support and bears not able to make a new low. They are trying...they just can't. They have 1-2 hours left.

Cable Update (GBPUSD)

If even this good Philly number won't take eur and cable down...staying bull.

Cable Update (GBPUSD)

I wish it happened today, so I could take tomorrow off.

Cable Update (GBPUSD)

I'm still long 7102 from earlier. I don't see a reason to close the trade, for me 7145 is minimum target, today or tomorrow.

Cable Update (GBPUSD)

Anything can happen, but I said "looks like". Those H4 bull patterns are pretty accurate, we just need an accelerator. Some fake news that pop out of nothing wouldn't surprise me.

Cable Update (GBPUSD)

Eur H4 looks like a setup for a big bull run, too bad Cable isn't.

Cable Update (GBPUSD)

Maybe, I'm waiting for 7145 to short, or higher, maybe we won't see it today. Looks like eur is protected on both sides 3520 and also 3540, if Philly index doesn't get it out of this range, this day will be very boring. Thinking of a pending short ...

Cable Update (GBPUSD)