I think today daily candle is quite "symbolic"
look at this numbers ( I am talking about daily high & close)
could be down guys
look at this numbers ( I am talking about daily high & close)
could be down guys
dolce vita
Cable Update (GBPUSD)
- #588,882
- Apr 9, 2021 2:56pm Apr 9, 2021 2:56pm
- Joined Sep 2009 | Status: Trader | 6,009 Posts
I think today daily candle is quite "symbolic" {image} look at this numbers ( I am talking about daily high & close) could be down guys
- #588,883
- Apr 9, 2021 3:08pm Apr 9, 2021 3:08pm
- Joined Mar 2020 | Status: Trader | 3,499 Posts
Overall weekly structure, this weeks candle and long wick at the swing high top, looks like a deep bearish move in the making to me.
A 1.35 hurdle to overcome, but if that goes, then
A 1.35 hurdle to overcome, but if that goes, then
Compulsions can be hard to resist
- #588,884
- Apr 9, 2021 4:45pm Apr 9, 2021 4:45pm
- Joined Oct 2020 | Status: Trader | 14,017 Posts
Insane in the Brain..
- #588,885
- Apr 9, 2021 6:45pm Apr 9, 2021 6:45pm
- Joined Mar 2021 | Status: Crazy Frog | 3,775 Posts
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
- #588,887
- Apr 9, 2021 10:35pm Apr 9, 2021 10:35pm
- Joined Mar 2021 | Status: Crazy Frog | 3,775 Posts
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
- #588,892
- Apr 9, 2021 11:54pm Apr 9, 2021 11:54pm
- Joined Oct 2020 | Status: Trader | 1,707 Posts
COT update confirmed BEARISH MOOD on SHORT TERM.... 
Have a nice weekend
Have a nice weekend
- #588,893
- Apr 9, 2021 11:59pm Apr 9, 2021 11:59pm
- Joined Apr 2011 | Status: survivor | 4,131 Posts
COT update confirmed BEARISH MOOD on SHORT TERM....
LOL.
- #588,896
- Apr 10, 2021 12:51am Apr 10, 2021 12:51am
- | Additional Username | Joined Mar 2020 | 1,607 Posts
Good luck Natsha, go and win the race.....
Race to start
No BEAR, No Bull today on weekends, only CAMEL Race......
Race to start
No BEAR, No Bull today on weekends, only CAMEL Race......
Good luck Natsha, go and win the race..... {image} Race to start {image} No BEAR, No Bull today on weekends, only CAMEL Race......
- #588,898
- Edited 1:24am Apr 10, 2021 1:04am | Edited 1:24am
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
Next week we have US inflation type data.
A major concept to think about is the money thats been dropped.I have another version of the two economies that exist rough sketch.
The major point is the two economy situ and why it's not a 2008 or actually any other time in history occasion.
When you bank your money into your bank its not a bank asset but a bank liability.
It is fractional reserve held at the FED .So in round numbers you put in 1k they can lend out up to 900 and send 100 to FED on reserve, is how I understand that part.
What we do in our economy is mirrored in the monetary. The new money can only be extracted as listed on the graphic. M2 is Money Supply.
There is no way you won't get much higher inflation for an extended period if you just do a bit of work on it.
If you can't look out your window and see massive inflation on anything you'd want to buy I'd be amazed.
The official CPI calculation has been altered over time to be a very bad indicator of inflation ,theres a very good reasons why governments want/do this.
In my book the only question is when this kicks off....tick tock
A major concept to think about is the money thats been dropped.I have another version of the two economies that exist rough sketch.
The major point is the two economy situ and why it's not a 2008 or actually any other time in history occasion.
When you bank your money into your bank its not a bank asset but a bank liability.
It is fractional reserve held at the FED .So in round numbers you put in 1k they can lend out up to 900 and send 100 to FED on reserve, is how I understand that part.
What we do in our economy is mirrored in the monetary. The new money can only be extracted as listed on the graphic. M2 is Money Supply.
There is no way you won't get much higher inflation for an extended period if you just do a bit of work on it.
If you can't look out your window and see massive inflation on anything you'd want to buy I'd be amazed.
The official CPI calculation has been altered over time to be a very bad indicator of inflation ,theres a very good reasons why governments want/do this.
In my book the only question is when this kicks off....tick tock
On-site guru & also FF member's' psychiatrist, when not drinking tea
