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Breakout London Timeframe

  • #2,841
  • Jul 19, 2019 10:02am Jul 19, 2019 10:02am
People like to look for systems that have worked over the past 20 years or so. If you could make money based on what has worked the past 20 years, all of the richest people would be librarians.

- Warren Buffett

this is very important advice!!!!

VERY MEANINGFUL!!!!!
Let Market Tell You
  • #2,842
  • Jul 19, 2019 10:11am Jul 19, 2019 10:11am
Sun Tzu said in The Art o/War

"The general who wins a battle makes many calculations in his temple before the battle is fought."


Planning is very important before make any entry!

because 'entry' alone is very simple!!!! just PRESS it only (bid/ask)
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  • #2,843
  • Jul 19, 2019 10:19am Jul 19, 2019 10:19am
It's not that I'm so smart; it's just that I stay with problems longer.

- Albert Einstein


-PATIENCE-

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  • #2,844
  • Jul 24, 2019 7:39am Jul 24, 2019 7:39am
“With growth slowing, job creation fading and price pressures having fallen markedly compared to earlier in the year, the survey will give added impetus to calls for more aggressive stimulus from the ECB.”

forward Euro will be more weaken..Bias neutral

awaiting the Euro summit outcome.
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  • #2,845
  • Jul 24, 2019 7:47am Jul 24, 2019 7:47am
with future indicate market open in red. market still awaiting for more direction on FED.

all aim for the US data carefully which give more hint..

market back to fixed asset as safety precaution
Attached Image
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  • #2,846
  • Jul 24, 2019 7:52am Jul 24, 2019 7:52am
BREAKING: British Finance Minister Hammond has resigned from the Government


not much spike in GBP...

long GBPCAD!
Attached Image (click to enlarge)
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  • #2,847
  • Aug 3, 2019 1:15am Aug 3, 2019 1:15am
“Don’t let the fear of losing be greater than the excitement of winning.” – Robert Kiyosaki
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  • #2,848
  • Aug 17, 2019 9:04pm Aug 17, 2019 9:04pm
US another cut 25bps.

What is the main factor the US going to look forward?

How many cut will FOMC implement this year?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2019-08-18 at 10.02.25 AM.png Size: 47 KB
Let Market Tell You
  • #2,849
  • Aug 17, 2019 9:11pm Aug 17, 2019 9:11pm
Quoting Monokl
US another cut 25bps. What is the main factor the US going to look forward? How many cut will FOMC implement this year? {image}
with the recent survey the data show the Q2 employment still in growing stage at faster rate. please bear in mind the wage has stagnated in Q2.
Moreover the business confidence getting dim due to trade war going on especially the worst in Q2. Although the recent trade war came in halt, but I assume the tension in between still attach, watch out closely this theme.

Remember the deadline for trade war nego still intact Sept!

to me, USD is a good buying for this coming week.
Let Market Tell You
  • #2,850
  • Aug 17, 2019 9:34pm Aug 17, 2019 9:34pm
With the current status, it is a significant deterioration in the outlook for the German economy. The most recent escalation in the trade dispute between the US and China, the risk of competitive devaluations, and the increased likelihood of a no-deal Brexit place additional pressure on the already weak economic growth.

With recent German GDP show huge sign of deteoriation, is it sign of EURO economic going down?

GDP in borderline, very dangerous!

from the chart clearly show EURUSD in bearish mode from last week. there is still room to going down more!
Attached Image(s) (click to enlarge)
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Attached Image
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  • #2,851
  • Aug 17, 2019 9:38pm Aug 17, 2019 9:38pm
main event !

What do we expect the outcome!!!1
Attached Image (click to enlarge)
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  • #2,852
  • Sep 3, 2019 6:42am Sep 3, 2019 6:42am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 321 KB
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  • #2,853
  • Sep 3, 2019 6:54am Sep 3, 2019 6:54am
EURAUD

Bias short

Daily
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDDaily.jpg Size: 769 KB
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  • #2,854
  • Sep 3, 2019 8:17am Sep 3, 2019 8:17am
DEAL OR NO-DEAL????

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 125 KB
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  • #2,855
  • Sep 3, 2019 8:25am Sep 3, 2019 8:25am
I remember this UK/US breakout stuff being huge when I had my old account on here years ago. Loads of talk about it, and even a couple of EA's I helped build. Maybe I should have a look at it again.
  • #2,856
  • Sep 3, 2019 8:39am Sep 3, 2019 8:39am
Quoting itsDavid
I remember this UK/US breakout stuff being huge when I had my old account on here years ago. Loads of talk about it, and even a couple of EA's I helped build. Maybe I should have a look at it again.
hi itsDavid,

it is great too!

now the story getting hot!

up and down!

if later got snap election, more bearish for GBP!!!! bookmark later!!!
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  • #2,857
  • Sep 3, 2019 9:22am Sep 3, 2019 9:22am
terrible result!

What happen to USA?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 100 KB
Let Market Tell You
  • #2,858
  • Sep 3, 2019 9:28am Sep 3, 2019 9:28am
Quoting Monokl
{quote} hi itsDavid, it is great too! now the story getting hot! up and down! if later got snap election, more bearish for GBP!!!! bookmark later!!!
I honestly don't know if a snap election would be bearish or bullish for the GBP. Though I am actually leaning towards bullish. In any case I'm avoiding GBP pairs right now and focusing on pairs that are easier to follow such as the AUSCAD. I've banked 5% so far today so I'm happy to continue with it until the pound situation gets a bit clearer!
  • #2,859
  • Sep 3, 2019 10:13am Sep 3, 2019 10:13am
Quoting itsDavid
{quote} I honestly don't know if a snap election would be bearish or bullish for the GBP. Though I am actually leaning towards bullish. In any case I'm avoiding GBP pairs right now and focusing on pairs that are easier to follow such as the AUSCAD. I've banked 5% so far today so I'm happy to continue with it until the pound situation gets a bit clearer!
you are right too!

let it make more clear picture!
Let Market Tell You
  • #2,860
  • Sep 3, 2019 10:34am Sep 3, 2019 10:34am
Personally I'm leaning towards bullish because a snap election most likely means that no deal Brexit has been put back. In any case, we're not interested in predicting the market, we're just interested in following it wherever it decides to go
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