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- 74 Results (69 Replies , 5 Comments )
- Sauce replied Feb 26, 2023
There is no such cheat code. If there were, there wouldn't be. If any technique is especially profitable it would be general knowledge and manipulated into nonexistence. Markets can be irrational longer than your stops. So there is no such thing as ...
Can you tell when the currency is overbought or oversold?
- Sauce commented Feb 3, 2023
My argument for that is that the fed was "transitory in 2021 and super hawkish 2022; it was the fastest rate hike ever recorded. The dollar started dumping when ECB became more hawkish than their usual dovish stand point. Micro movements may differ ...
ECB's President Lagarde: Don't doubt about our determination to achieve 2% inflation
- Sauce commented Feb 2, 2023
She really can't form a sentence and the least sincere person I've ever heard. She should just shut her mouth and let dovish Jerome do the talking.
ECB's President Lagarde: Don't doubt about our determination to achieve 2% inflation
- Sauce commented Feb 2, 2023
Not really though. It already is opposite. The hawkish stand point is restrictive and tightens the economy yet it is bullish for the currency. Otherwise Fed hikes would see the dollar drop but as you know it made a huge run past year. The first wave ...
ECB's President Lagarde: Don't doubt about our determination to achieve 2% inflation
- Sauce commented Feb 2, 2023
Hawkish is long, dovish is short though...
ECB's President Lagarde: Don't doubt about our determination to achieve 2% inflation
- Sauce replied Jan 23, 2023
There was no way to explain what was going on without mentioning Japan, sorry to hear that. And shame I wasted my time posting such a long explanation.
EURUSD only
- Sauce replied Jan 23, 2023
Ata I know I talked about JPY a lot here, but the reason was that because they could be the trigger to this thing which then would effect EUR and all things actually.
EURUSD only
- Sauce replied Jan 23, 2023
The reserve currency status is what fills the coffers of US. And the belief that the US would not default on its debt is what is backing the US dollar effectively since 1971. Over 1/3 of the 31 Trillion $ US debt is held by foreign countries leading ...
EURUSD only
- Sauce replied Jan 23, 2023
I would elaborate but it'd be breaking the rules. All I could say is, for either possibility, defaulting or printing out of defaulting both good for EURUSD.
EURUSD only
- Sauce replied Jan 23, 2023
Same structure was also happening around new year. Maybe a fractal formation, the target of the fractal would be the same fib level around 1.618 which is 1.067
EURUSD only
- Sauce replied Jan 23, 2023
Late Mondays, happy trading week. Cup and handle formation, below 0.5 retracement it is invalidated, bouncing here will make a new high.
EURUSD only