Speculators orders. They shove in an order on the chance that some weary trader will bite and line their pockets with gold.
Happened on the Opening Sunday night (21:20 gmt)
They grabbed 30 pips that time, on 3/4 currency pairs.
Dan TheMan
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
DislikedFor the past week its like Gandulf standing at 15865 and 15765 saying "Thou shall not pass!"
Going back to 15865?Ignored
DislikedFor the past week its like Gandulf standing at 15865 and 15765 saying "Thou shall not pass!"
Going back to 15865?Ignored
DislikedLol ... I am enjoying the channel .
maybe like this till qe2 the sequel is sorted out ... who moves 1st boe or feds ?Ignored
DislikedAgree, despite popular disagreement about his policies, Bernie seems to still have some influence over decision making in the Feds.
Whereas the BOE seems to come up with widely different opinions over the past weeks. They could be going after each others throat as we type. The diamond pattern is a result of the indecision that is going on.Ignored
Dislikedhi !
anyone can give an update of today ... ?
is the uptrend intact ?
cup and handle pattern in the making or will it fail ?
thanks .
Demo Buy : currently + 20 pips from last entered on 1st Oct
.Ignored