USD is strong at the moment. If it was not strong maybe Gold would be today 1900. Now I don't know how far it can fall.

Gold

I think first to 2000. In that time maybe central banks will increase interest rates and that could limit the further movement. I couldn't trade some 2k to go all-in with that

Gold

No man it is the inflation that drives this. It looks like the inflation will hold. ---- I have to get at good place some 2 lots trade before it is going to 2000. Now 1854 is the resistance from daily.

Gold

It just visited the support just above 1820 and then boom, I had the supports drawn but was not looking to it, actually just saw it when it was 1840. This is going close to 2000 levels. Without Bitcoin it was long time ago there I guess.

Gold

Some inflation data coming. Could move the gold.

Gold

Indeed. CHF is just to strong if USDCHF goes down it pulls the others too, it was on daily support so I tried as I expected some recovery from GBP, but choosed the wrong pair. I won't do it again

Cable Update (GBPUSD)

Traded short USDCHF and long GBPCHF. GBPCHF eat the profit as GBPCHF went actually some pips down, should have just bought GBPUSD.

Cable Update (GBPUSD)

USDCHF is strong but at the daily resistance now. I wonder if Evergrande talk gives push to USD, if that is the case than the resistance might not hold.

Cable Update (GBPUSD)

I had great ideas and feeling about Gold. Mine budget limited me in making trades but Gold called me several times for huge profits. --- I just read that EverGrande did not pay their debt, maybe this caused the last movement.

Cable Update (GBPUSD)

I try to watch also USDCHF, EURUSD, (in less term NZDUSD,EURAUD, USDJPY) and Oil and ofcourse Gold. Without a lot of screens it is very difficult, maybe placing daily orders could. I am trying to minimize it to Gold and GBPUSD, EURUSD and USDCHF. ...

Cable Update (GBPUSD)

Thanks. I found it strange why it was not there. Apparantly a click on 'Market Execution' is needed to see those options. The strange is 'Market Execution' does not look at a button. With just white color as the background.

Cable Update (GBPUSD)

Gold is really good. Only you need good money to trade with just 1 lot. Last week I was tired and on the edge of going all-in. I was not behind my pc, but checking from the phone (pending order is not possible from mt4 app on phone so made it ...

Cable Update (GBPUSD)

Drop from 1.20 to 0.87. I read about it just. CentralBank had promised to keep EURCHF above 1.2. On ~12 january they said we will keep on that. And on 15 january 2015 they removed that support at 1.2. That is a really dangerous situation for your ...

Cable Update (GBPUSD)

Interesting. Lowest values are for EURCHF is ~1.04. So very close at the moment. USD is weak so they have to print a lot guess. For trading actually could be an idea.

Cable Update (GBPUSD)

USDCHF reached maybe the lowest points for the day. Could limit the further upside movement I think. --- Until now wrong conclusion for GBPUSD (and most of the usd pairs)

Cable Update (GBPUSD)

Yes true you saw it good. Like on this graph 1M. I want to trade that point for a buy, and actually with 1 lot size it would give me enough profit. And in higher time frames selling or buying the limits. But I should learn to go just with the flow.

Cable Update (GBPUSD)

I try to find the support and resistance points. Like selling of gold at 1827.75, found from M30 graph. I had seen the resistance of GBPUSD resistance at ~1.3605 from m15 graph. And trying to find the limits from higher time frames. During the day ...

Cable Update (GBPUSD)

There is really something wrong with me. After that closing the short at the top. I just put a pending sell gold at 1827.75. (gold dropped to 1823.5) Than I remove this when it was almost filled. And than bought gbpusd exited -5 pips. ...

Cable Update (GBPUSD)

~1.3610 is the resistance. While I knew this, and saw it as a sell point still sold it very earlier and close it also just at the top This trading is not for me I think, I see it but I always make the wrong decision

Cable Update (GBPUSD)

I managed to close my short at the highest level while I had seen this graph, resistance.

Cable Update (GBPUSD)