DislikedI think there is a mistake in color, as Public Sector Net Borrowing; if Actual is < then Forecast then it is good for currency. Or am I interpreting this wrong?Ignored
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DislikedI think there is a mistake in color, as Public Sector Net Borrowing; if Actual is < then Forecast then it is good for currency. Or am I interpreting this wrong?Ignored
Dislikedok the color is wrong that is the difference of languages I speak Spanish and there is a time in the interpretation and may result in loss of silver greetingsIgnored
DislikedI think there is a mistake in color, as Public Sector Net Borrowing; if Actual is < then Forecast then it is good for currency. Or am I interpreting this wrong?
Edit, nope, I am wrong:A positive number indicates a budget deficit, a negative number indicates a surplus.
I guess you just have to go with the Big guys that move the marketIgnored
DislikedBut now I realize that price most of the time makes 200-450 pip move per week and I try to see starting and ending of weekly bars. I am just learning myself, too. But it is Tuesday, Price confirmed what appears to be strong Trendline and only made 45 pips this week (before this large brake up North). .Ignored
DislikedSo this week would you go with low of 124.133 (10ma) to @126.5 as possible weekly range?Ignored
DislikedNo, for the start of the Weekly bar I would take 20 EMA Weekly which is almost identical to 153 EMA Daily (124.5 area). Price has a lot of obstacles on the way up, I have no idea till where it is about to go, we almost hit 53 EMA Weekly at 125.5. If Price goes through this we have 2 more levels of trouble, then upper Trendline of a Channel, all together 350 pips. It is doable for this pair on Weekly, but who knows. A simple speech can push everything in the opposite way I am trailing my 7 buy positions so whatever happens some money will be...Ignored
DislikedThanks. agreed lots of obstacles, but momentum is up. 125.75 first to negotiate.Ignored
DislikedLooking at the 4H chart we maybe had Bullish flag. From the start of the pole 123.00 till the flag is about 150 pips. If I understand the Flag concept correctly, you take another 150 pips above the Flag as a possible target, and that is 126.4 area. Just a thought...Ignored
DislikedAnother way I understand flags is it allows the moving averages to catch up with price. On shorter time frames this is very easy to see.Ignored
DislikedI see a double top at 121.5 on H4..Does anybody else see it (might depend on the broker). It's a risk trading it, but with an SL 10 pips away might be a good R:R..Ignored
DislikedI see a double top at 121.5 on H4..Does anybody else see it (might depend on the broker). It's a risk trading it, but with an SL 10 pips away might be a good R:R..Ignored