Cable Squeeze

Dear Dynamic Traders,

Yet another day of large movements across many pairs. Well done to those of you dynamic traders who are making the most of the opportunities presented by the markets.

The Cable chart below has moved in excess of 400 pips today. Its been in consolidation for some time now. A squeeze formation is apparent and a slight breakout was witnessed today. Aggressive traders may already be triggered into a trade. Although a likely breakdown may be expected ("no one knows what is going to happen next"), further confluences including a BOB are required for my entry trading rules to be met.

Note high volatility news out tomorrow affecting this pair.













Fortunate Trading!
Bijal Shah

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