Cable Update (GBPUSD)

Quoting Guztro

Disliked

{quote} knkie, read up on Open Market Operations and how the FED uses that process to manage the supply and demand flow of money. It's more aimed at keeping US banks and their lending/borrowing in check over year-end. Guz

Ignored

Quoting Guztro

Disliked

{quote} No, the FEDS will use open market purchasing to produce the target federal funds rate they set in policy. In this instance, $72 billion was overnight repurchase agreements (normally valid for 48 hours) and the rest was 42 day repurchase agreements. Why this won't stir much? The injections caters to primary dealers/ high-credit banks approved to purchase directly from the central bank. Jo soap with his small banking operation has to carry his own risk. Generally the FEDS are happier if large banks has enough reserves than run into liquidity...

Ignored

Quoting knkie

Disliked

{quote} im like you. I understand charts very well. I dont always understand the financial world...

Ignored

Quoting Ra.

Disliked

{quote} This is what I don't get.... Brexit votes leave....GBP sterling crashes. Another election to keep BoJo and everyone's saying that it will "Shoot to the moon"...(starting to sound like BTC forums).... Statistically, we will see a pullback on runs like these...albeit. we don't know if this is actually the top...but 6 weeks of consolidation with LL just solidifies my reason as to a drop coming soon. Also. IF it does go up, daoist have a good saying "If you want one thing, you go for the other" any move upwards is going to see a downward trigger....

Ignored

Quoting Tekin

Disliked

{quote} whats next 1.3250 or 1.2660 who knows 1 hour later h4 candle will close waiting now {image}

Ignored

Quoting Bones

Disliked

Boris is bullish ,a majority gives a clear picture for the time being ,anything else is bearish Corbyn is bearish because he's a crazy nutter thinking he can run UK major companies already privatized better and take 10% off the the top companies to give to the workers... He thinks the country can go from austerity to a full on trillion borrowed spending in his term. The existing Gov can't even build the one major project HS2 on budget or on time. {quote}

Ignored

Quoting knkie

Disliked

{quote} what if there is simply no causal relationship ? what i dont get is how the FED can pump another 98 billlion into the markets to stabalize liquidity and it has no effect at all on the currency....

Ignored

Quoting Bones

Disliked

I doubt this daily to be a reversal ,so that would have to be tomorrow at least ,challenging the final hurdle to the left. But take note of this week open and monthly open after rest D1 side in strong up =normally bullish {image}

Ignored

Quoting Tekin

Disliked

{quote} seems like new breakout and i change the fibo direction now but not clear yet 30 minıtes to close h4 candle {image}

Ignored

Quoting Moty

Disliked

{image}{image}

Ignored

Quoting NieFenG999

Disliked

{quote} Give me Your target dude.... ^_^

Ignored

Quoting Moty

Disliked

Give me Your target dude.... ^_^

Ignored