Disliked{quote} Does your trend strength indicator have upper/lower bounds or is it open ended?Ignored
Cable Update (GBPUSD)
- #716,601
- Dec 28, 2022 7:39am Dec 28, 2022 7:39am
- Joined Jun 2013 | Status: enjoying life | 23,868 Posts | Online Now
- #716,603
- Dec 28, 2022 7:46am Dec 28, 2022 7:46am
- Joined Dec 2011 | Status: Postmaster | 11,928 Posts
POSTMASTER
- #716,604
- Dec 28, 2022 7:49am Dec 28, 2022 7:49am
- Joined Dec 2011 | Status: Postmaster | 11,928 Posts
{quote} Institutions cannot close positions in just 1 day or 2 or 3 or a week buddy
POSTMASTER
- #716,606
- Dec 28, 2022 7:50am Dec 28, 2022 7:50am
- Joined Nov 2012 | Status: Naked Chart Samurai | 3,474 Posts
{quote} Watching GU drop, I doubt that institutions are more heavily short USD!
Success = Practice + Patience + Persistence
- #716,607
- Dec 28, 2022 7:51am Dec 28, 2022 7:51am
- Joined Dec 2011 | Status: Postmaster | 11,928 Posts
{quote} I reckon with have some trapped UJ and it has turned around a few days back. Do not think its coming back for sonme time
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- #716,608
- Dec 28, 2022 7:52am Dec 28, 2022 7:52am
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts
{quote} Watching GU drop, I doubt that institutions are more heavily short USD!
The dollah index attempting to rise from recent lows sitting at support of 2017 and 2020 flip zone
There's surging Treasury yields on growing fears that China’s reopening would add inflationary pressures to the global economy.
The benchmark 10-year US yield jumped to a six-week high of 3.85%, extending an uptrend that started in mid-December.
The Dollah also remains supported by a hawkish Federal Reserve outlook, with the central bank expected to tighten policy further despite the economic risks.
In Dec we saw Fed raised interest rates by a more moderate 50 basis points but indicated that the terminal rate could reach 5.1% next year, higher than markets anticipated.
For GU to keep on rising to supply, it will not happen without a correction so seeing at least 23% of the up going wave
Trade what you see , not what you guess.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104
- #716,609
- Dec 28, 2022 7:57am Dec 28, 2022 7:57am
- Joined Dec 2011 | Status: Postmaster | 11,928 Posts
{quote} Between 13700/13000. Time is running out
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- #716,610
- Dec 28, 2022 7:58am Dec 28, 2022 7:58am
- Joined Jan 2012 | Status: Always Decisive | 4,425 Posts
- #716,612
- Dec 28, 2022 8:00am Dec 28, 2022 8:00am
- Joined Dec 2011 | Status: Postmaster | 11,928 Posts
{quote} Oh dear, painful when trade turns against you, hopefully temporary. Weekly 'might' bounce of 13459 (MA), currently lower highs been pressed, M pattern also. Freezing temperatures doesn't help my crude shorts eighter.
POSTMASTER
1.21523
- #716,614
- Dec 28, 2022 8:06am Dec 28, 2022 8:06am
- | Membership Revoked | Joined Jun 2011 | 9,885 Posts
{quote} read top left line in brackets
To free Gazans of Hamas, use whatever it takes.
- #716,615
- Dec 28, 2022 8:11am Dec 28, 2022 8:11am
- Joined Jan 2012 | Status: Always Decisive | 4,425 Posts
{quote} Thanks Joly, i like your sense of humour
- #716,616
- Dec 28, 2022 8:15am Dec 28, 2022 8:15am
- Joined Aug 2008 | Status: Trader | 3,976 Posts
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
- #716,617
- Dec 28, 2022 8:17am Dec 28, 2022 8:17am
{quote} Till now the daily range is 98 pips. So a correction of 25 to 50 pips might be to accumulate more longs !!. and look at the timings ... right on the beginning of the US session.
Shekh In Desert
- #716,618
- Dec 28, 2022 8:24am Dec 28, 2022 8:24am
- Joined Jan 2012 | Status: Always Decisive | 4,425 Posts
- #716,619
- Dec 28, 2022 8:28am Dec 28, 2022 8:28am
- Joined Dec 2011 | Status: Postmaster | 11,928 Posts
{quote} 13311 midpoint level not too far off, patience patience..
POSTMASTER
Target