Cat's whiskers

BOE raises interest rates, and GJ plummets!!

GJ down to H4 100sma support...good time to have a shot at a long I reckon.

There are going to be a lot of routed traders out there who were long in anticipation that on a rate hike, sterling would jump north. In fact, it plummeted south, which is why I for one, never, try and anticipate the market. Only fools, gamblers and newbies do that.

Needs to settle. Its down on the 76.4% fib I posted in my chart earlier, so a big potential support zone, and it may well rally, in fact, it should.

For our trading journey and life in general - Move On Up!

What broker are you using for BitCoin? Looking to trade some intra-day but the speads commission look high.

I don't trade it, but I know plenty of people who do. You've got to have deep pockets to trade it though, especially at these levels.

Crispy, cold frosty morning here in the UK, first one of the season for us.

Trading GJ today. The trend line held well as support, and now it looks like moving in a range with support from the 61.8% which it has just reacted off, down to perhaps the 76.4% @ 14,920, up to around R2 @ 14,995, or perhaps as high as R3 @ 15,040. Momentum currently up, but it could fall back hard once resistance has been reached.

Herd psychology...vital to understand as a trader. I even started standing up here alone in my office

I posted this onto Trader's Academy awhile ago, but I'll post it here too. Francis Hunt is immensely knowledgeable, both as a techie and as a fundamentalist, and I would recommend any of his videos.