Cable Update (GBPUSD)

don't forget this pips is for the cats

Festival employment starts in Oct I guess- November NFP report
However, many blue chip companies been laid off employees heavily in the past few weeks. This could hurt the figures.
Trading NFP AND CPI is 50/50, thats why many traders like to sit these out. But i'm bullish for usd. Will look for a decent setup then follow the price cause what i'm expecting does not equal to what the market wants.

At least in Frankfurt/London!

This not going down SL hit rebuilding strategy ahead

About touching. What's so interesting about this chart?

this thing is so powerful breaking through every resistance

Gu long
cadjpy short

I i managed to get some dollars to deposit
Come on bears
Waiting for sign of res

This Bull run will be limited to 1.2460 then a crash back to 1.19 to follow... Deadline for bull run is expected to terminate between today to Tuesday next week.

Test test! Short 1.2286 SL 1.2315

Maybe taking another short at yesterdays high. Let’s see if that works

As traders rush in to short this, it obliges by turning up!

Just looking for a clear sign!

There is strong resistance here but the bull volume is very high...We hope for a continuation to the up side...

Calculated Short, for 2 reasons:

1. double top (line chart)
2. no high-impacting news

SL -18 pips (break AND close ABOVE double top)
TP 72 pips (that blue H1 MTF MA)

Will let it run until it hits
1. TP
2. SL
3. whatever Market will give 15 mins before NFP

Closing terminal. Run, dinner and have some wine or shoyu, whichever is available. Trade well.

WARNING, it is not good to trade against D1 momentum.

I'm in!!!!!! dx is fighting ro get above 104.495

Long at 12260

NFP is not expect to be GREEN, because Wednesday ADP NonFarm Emp Change was huge drop 239 to 127, this is indicator for NFP data. so Bull get ready. If you see in August same picture was there.

Be careful...
Regards
Kashif

Mr Market has been kind to me this week, has given everything that I have asked for, and I am very grateful for that.

Has also been a busy week and I just got a text that I have to start early tomorrow, so tomorrow is going to be a long day for me. I expect that the very busy time I am having at the moment will become less crazy after Christmas, so I am happy and content. I was going to try to see NFP, but I will be in my bed before then or else I will never wake up in time!

Anyway, I think that my testing of 20 pips per day (on average) is going to work out fine for next year for me. It is less stressful for me to keep my trade target modest and realistic and not try to hit a home run every time I trade. Hopefully this time next year, with compounding, I will have a very nice account if I keep to my plan. But I still want to work because I like it, and I think I can do both. So far the testing agree's.

Now is time for coffee and practice

double top was the short signal for me, that and just watching DXY showing some muscle