Cable Update (GBPUSD)

Hey number 96 .. cool to see your posting your trades live - respect trader

morning all been reading all your posts , lets see if this is a go

Would like to take this trade if they first break the low of asia
or wait for the sell if it goes

my thoughts on GU and the "bermuda triangle"

eu taking out resistance on H4 if succeeds can push GU also a bit.

pro stop loss hunting.

RIP shorts

Perhaps it will bounce off 1.4470 once it reaches the resistance there.

you wish
+
perhaps
=
blow up your account

(closed all GU longs ~5 lot with -%10)

4450 strong resistance 4340 support now tight trading until nfp no clarity bias short but that's not cast in stone also.

USDX daily is getting pulled into extreme demand zones, it's at about 10-15% of it's 2 year range, even though dollar is weak, can't see it giving up that easily.
Dollar still got more room to pull lower, however it's only limited. EU 1440-1480, GU wow tough to call that one. If GU somehow clear yesterday resistance around 4450 I can see it push higher to 4600.

yeah I hear you I hear you bro, I'm trying to get a good entry and had to push "close all" button 2 times already. no loss but can't get a decent entry.

no, no.

I had longs from yesterday ~ 1.439x
expected -%30-40

the market is somewhat nutty now, rail up rail down, I'd say we range now into NFP 4450 locked in as well as 4340. Bias is still short break below 4340 -> 4180 at least, but trade what we see, currently indecision imo.

market is long,
retail is %80 short

it's actually 50/50 now. some see it push to 4500-4600 some see it back to 4000.

​what do the latest polls say about Brexit?

Very close, with staying in EU a slender lead on these two polls:

https://ig.ft.com/sites/brexit-polling/

http://www.telegraph.co.uk/news/2016...cker-and-odds/

GBP should strengthen you would think if they stay in the EU.

4362 next

from your H4 chart I see a head and shoulders.
will it goes down?

I feel like a football fan come on you up's​