Cash sorry about that
Cable Update (GBPUSD)
- #423,341
- Edited 1:32pm Feb 4, 2016 10:27am | Edited 1:32pm
- Joined Dec 2013 | Status: Trader | 19,815 Posts
- #423,353
- Feb 4, 2016 4:52pm Feb 4, 2016 4:52pm
- Joined Dec 2013 | Status: Trader | 19,815 Posts
{quote} Sell Continues targeting 144 500 Great posts again today Billy.
- #423,356
- Feb 4, 2016 5:46pm Feb 4, 2016 5:46pm
05Fev16 1:30pm(gmt 1)
CAD Employment Change
CAD Trade Balance
CAD Unemployment Rate
USD Average Hourly Earnings
USD Non-Farm Employment Change
USD Unemployment Rate
USD Trade Balance
Keeps you connected, guaranteed action, remember do not forget for a moment what you have been learning( during our long journey), if goes wrong, remember that days and many more opportunities exist soon after , come with what is yours, work what is yours, and you will give due value.
Good trades pips graces desgraces to all.
CAD Employment Change
CAD Trade Balance
CAD Unemployment Rate
USD Average Hourly Earnings
USD Non-Farm Employment Change
USD Unemployment Rate
USD Trade Balance
Keeps you connected, guaranteed action, remember do not forget for a moment what you have been learning( during our long journey), if goes wrong, remember that days and many more opportunities exist soon after , come with what is yours, work what is yours, and you will give due value.
Good trades pips graces desgraces to all.
- #423,357
- Edited 6:15pm Feb 4, 2016 6:02pm | Edited 6:15pm
I would really recommend not getting yourself stuck in a long position above 1.4475...
In the bigger picture, this move is not a bull market rally... It's a relief rally, which will likely be followed by a higher low. I am pretty confident it's not a dead cat bounce that will flip a bitch in a couple weeks and divebomb into new lows but I could be wrong.
I think we will see around 1.42 again within a month, but I don't see us breaking toward 1.4. In a Knightian Uncertain system... There is only approximate probability.
In the bigger picture, this move is not a bull market rally... It's a relief rally, which will likely be followed by a higher low. I am pretty confident it's not a dead cat bounce that will flip a bitch in a couple weeks and divebomb into new lows but I could be wrong.
I think we will see around 1.42 again within a month, but I don't see us breaking toward 1.4. In a Knightian Uncertain system... There is only approximate probability.
"Don't fear a bubble until it starts to burst."
- #423,359
- Edited 9:40pm Feb 4, 2016 6:32pm | Edited 9:40pm
most likely flatline rest of day , {image}
The market has been regressing up from an extremely oversold state. Plenty of energy still left... No reason to be a beartard for weeks!
Momentum is great, but it's also a paradox, because at a certain point the market gets so polarized in one direction all it can do is snap back toward average. I remember this one trader said. "The best money is made when a market recovers from absolutely horrible to just bad."
"Don't fear a bubble until it starts to burst."
