Forum is so funny sometimes
But it's late now, nap time
I think they will sell USD up to next Wed FOMC
IMHO
But it's late now, nap time
I think they will sell USD up to next Wed FOMC
IMHO
2
Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
Why is GBPUSD called cable? 66 replies
cable short for gbpusd? 6 replies
Disliked{quote} Sorry but i can't hold myself That's GBP/USD chart and you are showing me an Euro data haha Now i call this a coincidence. 1. That's not even the same currency 2. Even if they were to be correlated, ECB didn't even change the interest rates nor the policy. Compared to this, even grey news events make more senseIgnored
Disliked{quote} Its red data and when the move started , do the with math what you actually see , I can show you higher CPI makes GBP go up for an actual fact over a years of recent data ,but your book says something different you think you understand the book when you can't even apply it to the fact Conclusion is take the book back to the book shop & ask for refund. {image}Ignored
Disliked{quote} In principle, my said previous supports turned resistance now 1.3850s and 1.3880s can be targetted by the market for a retrace, especially the first but market mood changed seen in market PA and those levels seem to be a dream that might not come through for bulls and 1.3840-45 turning to be the best hope and main goal is only down targets before any real retrace if ever there againIgnored
Disliked{quote} It didn't affected Pound badly because they raised interest rates, which removed inflation's bearish effects. Like Core CPI raised, Interest rates are raised with them as well! I know i should just accept the fact that we won't agree with each other and i should move on but i can't. As a Bachelor Economics student i just want to keep arguingIgnored
Disliked{quote} Like I say, over time your realise your book is technically right but your interpretation is wrong in real life, when applied to currency today. I would also point to the fact CPI is not a good measure, you will know this because numbers are completely fabricated in Turkey You can't apply your theory to cable since 2016 to date and that matters if your thinking of trading that theory {quote}Ignored
Disliked{quote} Yeah due to our fascist government even inflation numbers are under great pressure let alone citizens Well yeah personally i find GDP Deflator better than CPI but policymakers use Core CPI so i try to stick with them and i hope that the developed economies (US, UK, EU, Japan) are more transparent with those numbers and they are not fabricating it. I can just hope that they are not. We will see about the results, i am applying this strategy for nearly a year. No problems so far but let's wait and see.Ignored
Disliked{quote} Its red data and when the move started , do the with math what you actually see , I can show you higher CPI makes GBP go up for an actual fact over a years of recent data ,but your book says something different you think you understand the book when you can't even apply it to the fact Conclusion is take the book back to the book shop & ask for refund. Come back when you can tell me how this happened against...Ignored