looking to sell 1.2670 target 1.26 and below

Cable Update (GBPUSD)

just rejected VWAP. i think however we're going to raise above that high just made in the afternoon. will wait for that before sells.

Cable Update (GBPUSD)

last two hours of accumulation has a positive cumulative delta. could be profit taking ofcourse. changed my mind on a straight drop due to this looking for a rise to 1.2690-1.27 to sell. tough time to find an entry tbh. still bearish.

Cable Update (GBPUSD)

EU sinking. GU should follow soon. target 1.26, 1.2580 stretch if it doesnt collapse now it may 'dick around' until 9.15-9.30ish then go. dxy small gap didnt quite touch, so if it doesnt start expanding down then i'll look at 1.2680 and 1.27.

Cable Update (GBPUSD)

looks like dxy overnight gap may fill if so it can give GU a 20-30 pip lift before bears i'll wait for better selling opportunity higher-not taking buyers side today

Cable Update (GBPUSD)

A retest of VWAP area 1.2695-1.27 i'll consider adding on sells to 1.26 however a 40-50 pip recovery is a lot to ask. better just to hold onto sells and not overmanage. yesterday we retested the POC and not the singleprint like i thought. was enough ...

Cable Update (GBPUSD)

Frequently see iceberg orders executed in the run up to news. Sometimes it gives a clue. Moreso on index futures

Cable Update (GBPUSD)

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Cable Update (GBPUSD)

Nice one.. Yesterday's low is next Yesterday I sold at 12740 and half my position was stopped out. Half still running. Didn't expect the 20 pips overshoot. I'm not one for harmonics but this is essentially a big ABCD. Which now makes the ...

Cable Update (GBPUSD)

Still think we're headed down to 1.26 or even a bit below, 1.2580. Cpi could obviously change this. An invalidation of this would be a break of last week's high.

Cable Update (GBPUSD)

Release the bear

Cable Update (GBPUSD)

about 14 years, only seriously for the last 4. i think its sell time could be wrong usual caveat!! if it breaks significantly above 1.2740 i will reconsider. target is around 1.2610-20 edit-stretch target 1.2580. i think its doable. if we start ...

Cable Update (GBPUSD)

mentioned it could test this level this morning. waiting for some signal on the volume before selling. between 1.2730-40 GL

Cable Update (GBPUSD)

time to think about sells. in the next 30-45 mins i'd guess.

Cable Update (GBPUSD)

i think it can do a final leg up from here to 1.2730-40 after that if its NY time i want to sell nice excess wick though but, not convinced yet

Cable Update (GBPUSD)

GL. DXY has a large gap to fill upside. chances are that will be fixed by close tomorrow. Tuesday typically a liquidity gathering day. solid chance this will dump by NY session or latest Weds. Could be wrong!

Cable Update (GBPUSD)

think its a bit soon unless you have a wide stop GU this year only wipes daily highs/lows and reverses right after about 15% of the time. Other 85% it will do an extended move up before reversal. Chances are this current move down is a lure. YMMV. ...

Cable Update (GBPUSD)

thanks and you! Whats your view i think next 2 hours is a waiting game and buyers should think of TP'ing soon (IMHO) after about 12:30pm will start hunting sell.

Cable Update (GBPUSD)

i expect we'll break 1.27 this morning in NY , 1.2720 and 1.2740 are candidates for sells 1.2717 PDVAL. 1.2740 area is singleprint a break of monday high is a near certainty trajectory is down and we're v likely to contact 1.26 in early part of week

Cable Update (GBPUSD)

heres the liquidity grab waiting for some base above 1.2565/1.2566 futures price, If we can get some bullish structure on Lower time frame, i'll go for buy

Cable Update (GBPUSD)