Margin Called Nevermore
AnotherMCed Profit This Week:
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cable short for gbpusd? 6 replies
DislikedHowever price manages to get past the 2330s today is a real head-scratcher! Seems undoable today. The day is yet young though soo... My LONGS are screaming at me to lock down profits and stand aside. What to do... what to doIgnored
Disliked{quote} That's a good question. Three reasons: 1. Reopening. Japan's border reopened. Tourism and business travel resumed. Supply chain resumption. Industrial goods orders up. All these leading to demand on yen rises, hence the USD/JPY exchange rate. Japan is easily 12- to 18- month lagging Europe and North America on domestic inflation uptick. Inflation is slowing rising there, and since BOJ looks unlikely to tighten, we're looking at #2 below. 2. YCC ceiling. The 10-yr JGB had breached the yield cap, twice, and BOJ reacted by enlarging the YCC...Ignored
Disliked{quote} No understand. Please write something on what you're trying to convey. Putting something on my chart doesn't mean everyone understand and very subjective to diff interpretationIgnored
Disliked{quote} That's a good question. Three reasons: 1. Reopening. Japan's border reopened. Tourism and business travel resumed. Supply chain resumption. Industrial goods orders up. All these leading to demand on yen rises, hence the USD/JPY exchange rate. Japan is easily 12- to 18- month lagging Europe and North America on domestic inflation uptick. Inflation is slowing rising there, and since BOJ looks unlikely to tighten, we're looking at #2 below. 2. YCC ceiling. The 10-yr JGB had breached the yield cap, twice, and BOJ reacted by enlarging the YCC...Ignored
Disliked{quote} Price is retested Previous Support and that Turned to Resistance. and Price is making Lower High and Lower Lows. As per my analyses, price is going Down, considering that price is taking a retrace for further Expansion. RegardsIgnored
DislikedI've messed around with FX for so long that there came a time when it seemed as though myself and this GU pair share a special bond; an understanding of each other kinda feeling. Delusional of me, maybe. But I can't help but feel some kinda obligation to stay loyal to GU. Why? Not sure I have any easy answers. It's just we are compatible with each other, so much so that even looking at other pairs arbitrarily feels like some betrayal from me. Is why I think for over at least 5yrs now, I have traded GU exclusively. Nothing else! Still I'm sure opportunities...Ignored
Disliked{quote} From what i learn, if we focus on one pair, because we do not have enough technical analysis that work. I only see pattern and news. My indicator on mt4 just a mere decoration. Btw i learn a small technique (trend reversal with Awsome Oscilator and QM) from youtube and trying trade some other pair and it work, but hard to find entry setup and come back to GU and EU if other pair doesnt have a good entry setupIgnored
DislikedBased on the above I have entered a short on USDCAD at 3366. I should get at least 100 pips from this trade. I want to long EU at 0854 but price doesn't want to pick me up.Ignored
Disliked{quote} Few minutes to chaos on USDCAD. Still holding. If it goes as planned buyers on EU and GU will rejoice.Ignored
Disliked{quote} {quote} As you know I come from the future. You're looking the past.... to be precise, that PA was done 20 hours ago. (item marked (a) (A) I always look for the future (b) (B) Here's my chart. I hope you understand where to look for the future not the past. That's WHY, in the beginning I no understand your question is...... Take care.{image}Ignored
DislikedFor those who care, see this: Find the right spot and get in on a contrarian trade. Sellers piling in headlong on EU. It is almost guaranteed price will fly up. {image} Buyers piling in headlong on USDCAD. It is almost guaranteed to take a heavy, heavy dump today! {image} Sellers also gradually coming into GU. The ratios are close that's why price is dithering. It fell yesterday and rose back up because they have not gotten enough sheep to slaughter. It will probably fly all the way back up if sellers pile in headlong. {image}Ignored
Disliked{quote}LOL. I just closed my short on USDCAD when it reached my TP at the low of the day.Ignored