Society thought Soros would be wrong but so far it looks like he is on track to being right.
https://www.theguardian.com/business...ation-sterling
https://www.theguardian.com/business...ation-sterling
Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
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cable short for gbpusd? 6 replies
DislikedIn terms of wave action after Brexit, this pair is setting up for a 5 waves (c) wave advance, possibly an ending diagonal, from near 1.3080, in completing the multi-months correction (4). {image}Ignored
Disliked{quote} Cheers. Just a demo; I have crazy cheap vanilla options expiring next week Strategy for entry/snipe/scalp: - wait until X:55 (1H close or/better also 4H close) - watch & enter reversal trade in 5min chart until X+1:05 closes. - enter trade for reversal with tight stop if the price is at supp. / res. I think it is human psychology; like other theories: round number, quarters etc. It rewards good.Ignored
DislikedAfter brexit what, forex trading is funny sometimes. Now is moving to interest rate in the US My humble suggestion is trade what you see on the chart and not all this prediction because the smart money sees all the prediction and they prepare their trades to counter it why some stay away from trading Brexit because of the hip some/all are making cool pips. market flow is market flow , simple supply and demand . Knowing where supply is and demand is to plan your trade.Ignored
Disliked{quote} I don't know. Only trading money weak ref. like the above 13700 round number, 137500 rn, and so on. And below looks like the same for today(see previous post for targets). But considering the volatility..they are relative huge moves.Ignored
Disliked....Now, above, we have a composite Poor High made by the preUS high+current pit session high 13770 but we've opened at 13700 round so watch out! There are many weak refs below. {image}Ignored
Disliked..... but we've opened at 13700 round so watch out! There are many weak refs belowIgnored