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Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
Why is GBPUSD called cable? 66 replies
cable short for gbpusd? 6 replies
Disliked{quote} Another interesting trading day with red news volatility on Friday. I didn't have much opportunity to focus on trading at first during news volatility, but I managed to scalp both ways towards the end and make a decent profit for the day. I closed all positions for the weekend, regardless of drawdown. So, my prediction for EUR/USD to break out below 1.07 down to 1.06 - 1.065 turned out not coming to pass this week. But, on the contrary, bullish price action seemed to prevail towards the end. So, maybe next week, we might see EUR/USD rising...Ignored
Disliked{quote} I tried to open account with them few days agi. They ask SIN number, Is this normal ?Ignored
Disliked{quote} So, my prediction for EUR/USD to break out below 1.07 down to 1.06 - 1.065 turned out not coming to pass this week. But, on the contrary, bullish price action seemed to prevail towards the end. So, maybe next week, we might see EUR/USD rising again, at least to high 1.08s, maybe even up to 1.10. If that appears to be on the cards during the beginning of next week, then I'm expecting to prioritize long positions for now until bears seem to prevail again.Ignored
Disliked{quote} Interesting. Thanks! I know Trump wanted to fire Powell already for keeping rates high, so if Trump was to be elected, then he would force Powell to start cutting rates faster which would actually bring the USD down under Trumps term.Ignored
Disliked{quote} USD was super strong under Biden... makes sense. I want to see weaker USD however, so I'd vote Trump, so Gold starts flying. Just my opinion...Ignored
Disliked{quote} The FED has to buy anything longer than the overnight Gov loans if they want lower rates further than the market participants will buy. Gov debt (risk-free) underpins all other types of rates. {image}Ignored
Disliked{quote} Have you been reading the posts in this thread??? No need to know what you're talking about here. . .Ignored
Disliked{quote} Next week, we only have one trading day with major high impact news for EUR/USD and GBP/USD, which is Thursday. And the data expectation is bullish for EUR and GBP, and bearish for USD. So, I expect bullish action on both EUR/USD and GBP/USD next week until Thursday BEFORE the high impact news. Sure, we could see some more dips, too, to this week's low area, or simply boring ranging action until the end of Wednesday, then a break out up as a response to red news data expectation being priced in before the news volatility hits. If you pay...Ignored
DislikedWhat's the difference between S&R and supply and demand or is it the same? Nevermind... so what I basically put on the chart above is supply and demand zone while R and S are exact level (price). S&D zone and S&R exact level. I'll make a new forum probably, so I have to know what I'm talking about haha...Ignored
Disliked{quote} Of late I see a lot of wisdom came out from you. Appreciate you've put deep thought on those and share with us here. BTW!....................... The coin flip indicator is great! I did find however, that a silver coin works best in trends, while copper works best in ranges. I also found it is much more effective if you can use a coin in the currency you are trading. I have a nice copper half-penny that I use for GBP/USD ranges. The rest of your post is excellent and full of wisdom. You make some excellent points! Thanks my friends. Keep...Ignored
Disliked{quote} Of late I see a lot of wisdom came out from you. Appreciate you've put deep thought on those and share with us here. BTW!....................... The coin flip indicator is great! I did find however, that a silver coin works best in trends, while copper works best in ranges. I also found it is much more effective if you can use a coin in the currency you are trading. I have a nice copper half-penny that I use for GBP/USD ranges. The rest of your post is excellent and full of wisdom. You make some excellent points! Thanks my friends. Keep...Ignored