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- meanvel commented Nov 3, 2016
They lost the lawsuit, doesn't that mean no Brexit for years?
UK Government loses Article 50 court fight
- meanvel commented Nov 3, 2016
Twenty minutes until my charts are ruined for the night... This decision could be a instant 250+ pip move in Cable...
Brexit: High Court judges to give legal verdict
- meanvel commented Oct 6, 2016
Everyone, look at the timestamp... The event was triggered right at the start of Asian session. Panic orders came through right out of the gate. Probably a big macro currency hedge fund blew up.
Cable implodes - flash crash in the pound
- meanvel commented Oct 6, 2016
You really shouldn't be trading long until a currency is bottomed out. It won't rise aggressively until people believe it is. Big buyers only come in when they think there is big upside potential, and shorts only cover aggressively when they think a ...
Pound Plunges 6.1 Percent in Biggest Drop Since Brexit Result
- meanvel commented Sep 20, 2016
The mixed sentiment means the GBP/USD will easily flush all longs hard if they hike rates.
Pressure on the pound increases as GBPUSD gives up 1.3000
- meanvel commented Aug 12, 2016
Statistically speaking, it doesn't matter if the sample size was 500, 5,000, or 50,000,000... If the sample of 500 was properly randomly taken from across the entire country, it's accurate within a margin of error. In this case, the margin of error ...
US Consumer Sentiment Hits 90.4 vs 91.5 Expected
- meanvel commented Aug 4, 2016
Nothing is ever "priced in"... That is a myth. Traders were not really expecting a rate cut, and had been bidding up the GU for days. The rate cut was a surprise, now price fluctuates at lower levels, and on each downward swing those trapped longs ...
BoE rate cut fully priced in
- meanvel commented Jul 4, 2016
ADP or Jobs report volatility might do it.
UK construction PMI signals weakest performance for seven years in June
- meanvel commented Jun 23, 2016
Your all forgetting the big picture. The dollar bull market steadily collapsing back because of the rate hikes that never materialized. Most of the reason the pound moved down from 1.7 was because of a divergence in monetary policy which was a ...
Latest Betfair Odds Predict 84% Chance Of 'Remain' In Upcoming UK Referendum
- meanvel commented Jun 14, 2016
I'm an American, and I'm for out... And voting for Trump!
More Brexit Poll shenanigans afoot
- meanvel commented Jun 7, 2016
Market makers just provide liquidity... Place a limit order inside the spread on a futures contract... Narrowing the spread. Viola, you are making a market!
GBP/USD spikes on no news to briefly break above 1.4600 and trade with gains of over 1...
- meanvel commented May 20, 2016
Entries don't matter... LoL! Then exits don't matter either. Rotflmao...
Entries don’t matter, what to do with missed trades and some more…
- meanvel commented May 6, 2016
The reality is that nobody knows for certain what they are going to do... Nobody who is buying stocks in a frenzy into late session today realized they were going to be buying like crazy. The potential for a major rally was there though... A lot of ...
The US Employment Situation - April 2016
- meanvel commented Mar 14, 2016
Supply and demand problem there. Too much supply of money = value of money goes down.
Ignored for Years, a Radical Economic Theory Is Gaining Converts
- meanvel commented Mar 14, 2016
The government has no credit limit. They can print money until the end of time.
Ignored for Years, a Radical Economic Theory Is Gaining Converts
- meanvel commented Mar 14, 2016
MMT - Modern Monetary Theory... Basically, this article can be summed up as saying that deficit spending is the solution to our economic problems. We have to get politicians in power who are willing to deficit spend until the economy hits escape ...
Ignored for Years, a Radical Economic Theory Is Gaining Converts
- meanvel commented Mar 8, 2016
Britain will be much better off outside the EU. No monetary union has ever lasted. It's just a matter of time before it disintegrates. Probably will be 5-10 years though.
EU referendum: British exit would be 'poison', says German finance minister
- meanvel commented Mar 8, 2016
Everyone here should vote for whoever is best for traders. Bloomberg would be best, followed by Trump, then Hillary. Who cares about their other politics...
Bernie to Hillary: 'Your Friends Destroyed This Economy'
- meanvel commented Feb 1, 2016
It could be a group of large institutional players desperately defending large short positions trying to get the euro to drop, yet the market is holding together. Be careful of how you interpret price action. It might be a short term small scale ...
Weekly Forex Forecast (February 1 – 5, 2016)
- meanvel commented Feb 1, 2016
If the euro breaks through the buy stops near 1.1 later this week catalyzed by the jobs report or something it's going to shoot straight for 1.2 in a single spike... The order pockets building up in that area will be getting ridiculous because this ...
Weekly Forex Forecast (February 1 – 5, 2016)