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- ICouldBWrong replied Feb 13, 2023
Don't choose Oanda. Their site has way too many outages (like right now). Also quite a bit of stop hunting.
Looking for good broker with reliable demo account (not freezing)
- ICouldBWrong replied Dec 1, 2022
Now shorting pound vs CHF, USD, and AUD. Way overextended.
Cable Update (GBPUSD)
- ICouldBWrong replied Nov 30, 2022
Oh, ok lol
Cable Update (GBPUSD). I suppose next your going to tell me that indicator that looks like a hammer is something you drew on there as well? Haha just kidding. Hey well nice looking line!
- ICouldBWrong replied Nov 30, 2022
Hey Moty, just curious.. if you don't mind what is that indicator on your chart that looks like a moving average?
Cable Update (GBPUSD)
- ICouldBWrong replied Nov 28, 2022
Dxy currently struggling a bit to get past day's high. Get past that and we're looking pretty dollar bullish. US indices also selling off today (after potential double top) which is ideally what you'd expect to see here.
Cable Update (GBPUSD)
- ICouldBWrong replied Nov 28, 2022
Closing some dollar long pairs for now. Dxy looking like it might be ready to take a break. Will look to potentially re-enter if dxy can either get back above recent swing high area, consolidates and then starts moving back up, or goes back to ...
Cable Update (GBPUSD)
- ICouldBWrong replied Nov 28, 2022
Yep yep true dat. Everything that guy just said. Nice little bull rally for the dollar. Now if we can get above the recent swing high printed early in the trading session, dxy might be looking pretty bullish with a potential double bottom. Stumble ...
Cable Update (GBPUSD)
- ICouldBWrong replied Nov 28, 2022
Dxy currently testing last months lows and getting a little bounce. Let's see if it holds. This area also corresponds to 200 MA on daily and potential previous resistance turned support. Super important area right here.
Cable Update (GBPUSD)
- ICouldBWrong replied Nov 24, 2022
Not sure if anyone else remembers, but last Thanksgiving the forex markets were quite busy. JPY and CHF, in particular had huge run ups that day. Dollar had a pretty good sell off as well. As soon as the Asian markets opened Thanksgiving evening, ...
Cable Update (GBPUSD)
- ICouldBWrong replied Nov 18, 2022
Manually closed partial @ 1.190 for 34 pips profit. Couldn't make it back down to previous low by hours end and felt like things might get choppy. Will hold onto the rest for now. Edit - manually closed the rest at 1.1183. Will consider re-entering ...
Cable Update (GBPUSD)
- ICouldBWrong replied Nov 18, 2022
Short @ 1.1934. Partial tp @ 1.1181. No s/l as of now. Might add another short at 1945 if it makes it there.
Cable Update (GBPUSD)
- ICouldBWrong replied Nov 18, 2022
Pound remains obstinate. Will close g/u shorts and hold onto the others. Might look to re-enter upon retracement back up.
Cable Update (GBPUSD)
- ICouldBWrong replied Nov 18, 2022
All other dollar pairs moving nicely. Caught some good moves in a/u, n/u, e/u and u/c. G/U don't want to move though. I don't think this dollar move is quite done for the day, though. So hopefully g/u get's moving. Come on g/u take your medicine. ...
Cable Update (GBPUSD)
- ICouldBWrong replied Nov 18, 2022
I'm not big on head and shoulders patterns, especially on 5 min charts. But the principle behind them is solid. A series of HHs and HLs followed by a LH and then LL. If 1.880 is successfully breached, we'd be looking at a break of intraday trendline ...
Cable Update (GBPUSD)
- ICouldBWrong replied Nov 15, 2022
Aussie and NZD showing the most weakness (and extremely overbought) atm. Unfortunately for my account, pound by far the strongest of the dollar pairs atm. Might get rid of some GBP shorts and add to AU and NZ.
Cable Update (GBPUSD)
- ICouldBWrong replied Nov 15, 2022
It's been a pretty tepid response so far after a large quick spike. Especially for 0.0% PPI. I wouldn't rule out the possibility of this being a 'buy the rumor, sell the news' type of deal. Not suggesting anybody jump in and short. But these are the ...
Cable Update (GBPUSD)
- ICouldBWrong replied Nov 11, 2022
Absolutely insane week for Usd/Chf. Just about 600 pips drop this week alone. Lets see if this long term trendline plus area of previous s/r can provide a bounce next week.
USD/CHF