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Cable Update (GBPUSD)

  • #726,241
  • Feb 3, 2023 3:13pm Feb 3, 2023 3:13pm
Quoting Jolita
{quote} Have a great weekend Bee2 you and all. No wick yet, my guess we need solder no 3, reaching circa 11870. Monday most of times continuation of Fridays trend. Congrats to your profits to others sorry if you had to take a loss. You will regain.
After the moves Thursday and Friday that in no way reflected the economic news, it will be interesting to see what happens Monday!

My brain is getting twisted to align with this belief that the algo's controlling fx rates simply chase achievable contracts, that said hopefully those achievable contracts reflect economic realities!
  • #726,242
  • Feb 3, 2023 3:18pm Feb 3, 2023 3:18pm
We can be at a good s and r region currently
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  • #726,243
  • Feb 3, 2023 3:23pm Feb 3, 2023 3:23pm
Quoting FederalTrade
stay away from all indicators...learn very hard to use volume...that's all

That said there are indicators that attempt to reflect volume (either tick volume, available volume data or CME futures volume - trying to make the best of a weak situation)!
  • #726,244
  • Feb 3, 2023 3:28pm Feb 3, 2023 3:28pm
Quoting dantpm
{quote} After the moves Thursday and Friday that in no way reflected the economic news, it will be interesting to see what happens Monday! My brain is getting twisted to align with this belief that the algo's controlling fx rates simply chase achievable contracts, that said hopefully those achievable contracts reflect economic realities!
Which move exactly didn't reflect the economic news? You had strong upside surprise in NFP and that made the market reprice US yields which boosted that long awaited USD. Look at us 10y yield vs USDJPY relationship to see what i mean. Cheers. This was pure USD boost that we had.
  • #726,245
  • Feb 3, 2023 3:34pm Feb 3, 2023 3:34pm
Quoting dantpm
{quote} After the moves Thursday and Friday that in no way reflected the economic news, it will be interesting to see what happens Monday! My brain is getting twisted to align with this belief that the algo's controlling fx rates simply chase achievable contracts, that said hopefully those achievable contracts reflect economic realities!
Economical news on Thu and Fri made money return to US dollar.
Feds shown confidence and on the right path. Todays NFP doubled in numbers, this was Bidens aim, achieved. Economy is improoving, signs of recession are fading.
Positivity made stocks rise.

Bank rate increase in UK will only make situation worse. Unions on strike, goverment not making any changes. After watching Bailey's interview not sure situation can improve.
  • #726,246
  • Feb 3, 2023 3:35pm Feb 3, 2023 3:35pm
Quoting Jolita
{quote} Have a great weekend Bee2 you and all. No wick yet, my guess we need solder no 3, reaching circa 11870. Monday most of times continuation of Fridays trend. Congrats to your profits to others sorry if you had to take a loss. You will regain.
Have fun!

Somehow, I have become much more calmer when I lose then when I win.
Funny is the way of FX..
  • #726,247
  • Feb 3, 2023 3:36pm Feb 3, 2023 3:36pm
Quoting catch22
{quote} Which move exactly didn't reflect the economic news? You had strong upside surprise in NFP and that made the market reprice US yields which boosted that long awaited USD. Look at us 10y yield vs USDJPY relationship to see what i mean. Cheers. This was pure USD boost that we had.
NFP was one of many indicators that the FED uses to guide them. The reported December data was more than 3x greater than the data reported in any other month in 2022 and 5x greater than the preliminary data on Wednesday this week! The US$ has weakened simply because it isn't significantly stronger than the other currencies. The US economy is suffering less than most of the European economies but more than most global economies because of this war that the US/Ukraine continues to fight with Russia. I find it deploring that Pres. Biden brags about bringing jobs from Europe to the US as a success of his presidency!
The USD boost was and is fictional at best.
  • #726,248
  • Feb 3, 2023 3:50pm Feb 3, 2023 3:50pm
Quoting SnailFX
{quote} Have fun! Somehow, I have become much more calmer when I lose then when I win. Funny is the way of FX..
Thanks, likewise!

Lol. You must master your wins.

I am trying my best , loss is not acceptable, don't know how long will last.
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  • #726,249
  • Feb 3, 2023 3:54pm Feb 3, 2023 3:54pm
Which news Channel do you guys follow for EURUSD currency pair ?
  • #726,250
  • Feb 3, 2023 4:01pm Feb 3, 2023 4:01pm
Quoting Wixibix
Which news Channel do you guys follow for EURUSD currency pair ?
Check out the links in this post.
You may start to change your perception of how to source and manage forex news.

https://www.forexfactory.com/thread/...6#post14290556
  • #726,251
  • Edited 6:27pm Feb 3, 2023 6:10pm | Edited 6:27pm
"mafeking edit piaff chans on TOWNSHIPS rights xxx received music hall swinger @ The El Mocambo" free beers all around stone cold sober....cheers hebrewcreek russian longhorns up the mercury MERLIN
the party on
Inserted Video
  • #726,252
  • Feb 3, 2023 6:26pm Feb 3, 2023 6:26pm
Quoting Jolita
{quote} Economical news on Thu and Fri made money return to US dollar. Feds shown confidence and on the right path. Todays NFP doubled in numbers, this was Bidens aim, achieved. Economy is improoving, signs of recession are fading. Positivity made stocks rise. Bank rate increase in UK will only make situation worse. Unions on strike, goverment not making any changes. After watching Bailey's interview not sure situation can improve.
Jolita, these were two of the many data points that the FED looks at. The impact was far too great for changes in component indicators, indicators which are subject to revision.
  • #726,253
  • Feb 3, 2023 6:58pm Feb 3, 2023 6:58pm
Quoting dantpm
{quote} Jolita, these were two of the many data points that the FED looks at. The impact was far too great for changes in component indicators, indicators which are subject to revision.
indica TORQ pee horse camila tea polo on diego garcia like they care plane goes missing NTSOB
  • #726,254
  • Feb 3, 2023 7:06pm Feb 3, 2023 7:06pm
Quoting FederalTrade
stay away from all indicators...learn very hard to use volume...that's all
Nuts!
  • #726,255
  • Feb 3, 2023 7:10pm Feb 3, 2023 7:10pm
Quoting Waveskierrob
Where are this weeks bulls now ...come on surely you should be posting when you are losing its all part of trading, go on have some balls

oooof they busy taking photoshop courses
How to succeed in zero sum game?
  • #726,256
  • Feb 3, 2023 7:34pm Feb 3, 2023 7:34pm
someone mentioned nuts....it was as well with idea of visiting the moon, creating a jet engine.
My thought is less talking and producing results...my time stamped images with forthcoming outlooks...speak for it self nothing else matters
  • #726,257
  • Feb 3, 2023 7:57pm Feb 3, 2023 7:57pm
Skyrocketing inflation not dues day gay to war in Ukraine: 'Time of free money is over' lustIG not happy going to 10% interest... rates finance inventory...
  • #726,258
  • Edited 8:28pm Feb 3, 2023 8:03pm | Edited 8:28pm
Quoting tradexyz
Skyrocketing inflation not dues day gay to war in Ukraine: 'Time of free money is over' lustIG not happy going to 10% interest... rates finance inventory...
become a vulture fund raider$$tocks will go diarrhea... buy backs "deluted delusional mist" ask the swiss iron MAIDEN Chastity belt gigo china RARE eh
  • #726,259
  • Feb 3, 2023 8:06pm Feb 3, 2023 8:06pm
Thanks God for this first week trade this pair.
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  • #726,260
  • Feb 3, 2023 9:10pm Feb 3, 2023 9:10pm
Anarchapulco, Mexico Weather
Updated on Fri, Feb 3,7:11 p.m.27°C
FEELS have good weekend... Letters of CREDIT available & accessible xxx ...
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