Disliked{quote} Do you think this big weekly pin is align too for a reversal ... share your charts please i am confused. {image}Ignored
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Disliked{quote} Do you think this big weekly pin is align too for a reversal ... share your charts please i am confused. {image}Ignored
Disliked{quote} usually when a spike like that happens, price retreat up but, then it will fall back down, basically tricking traders thinking the downtrend has ended and is doing a reversal but not true in most cases if that theory was correct price should have already moved up higher...Ignored
next month price can go down again on us rate hike
i will be very much interested in next us cpi numbers to find if GU can reverse
Disliked{quote} For the weekend 2230 added and pendings 2235 2240, nice weekend for all! Cheers!Ignored
Disliked{quote} price went down on us rate hike | price came up on uk rate hike next month price can go down again on us rate hike i will be very much interested in next us cpi numbers to find if GU can reverseIgnored
DislikedNow what moves the market in the short to medium term, that's a different story. The very short term moves are mainly because of speculation. The medium term moves have many reasons, but they are always revolving around interest rates and speculation as well. Hedge funds are one reason for medium term market moves. Central Banks are another reason for medium term market moves. {image} My opinion, don't get caught with small moves, just understand the big picture and trade accordingly. If your trading strategy goes against the big picture, you are...Ignored
Disliked{quote} i wanna learn How interest rates effect their respective currencies? Interest rate up/down: will it make price go higher or lower. any one can guide me on this please.Ignored
Disliked{quote} Im almost sure that EU hit parity till end of the year, probably one or two months from here, but I can be wrong tooIgnored
DislikedUSD JPY. INTEREST RATES, everything else are effects or signs and not causes. INTEREST RATES are the main cause. So why do you want to tie yourself in a low probability trade that is even getting lower in probability with time?? Hope that I have been helpful. The current trade on UJ. Scalping level. {image}Ignored
Disliked{quote} Added some more higher 2250 and 60, will be holding all for a while like on chart, SL for all 2320 hard, fingers crossed {image}Ignored
DislikedThe interest difference between the US Dollar and the Euro is 100 basis points for the sake of US Dollar. {image} The probability that the Euro will appreciate against the US Dollar to this level is very low and becomes lower every time the feds increase US Dollar interest rate. So why do you want to tie yourself in a low probability trade that is even getting lower in probability with time?? {image}Ignored
Dislikedhttps://youtu.be/xguam0TKMw8 we are going though this .and I think it’s the sell of if gold slowly. If you take the time to go back on my posts . Gold is going to 1.550 and as low as 1.3700 GU will go to 1.650 eventually on the next low tl I think I will be a long term buyer might be 2050 . But if might not be lower than the 4 hour doji .Ignored
DislikedI dont know why ( probably ) but I smell real flash crash on this pair, maybe close to last real bottom like 1.15, 1.14 or lower, when?I dont know but everything now on the world telling this will happen, 800 pips, is this huge? i dont think so, time will tell, on my opinion on longterm GU 1.14x UJ 150? Will see, trade safeIgnored