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  • #1,097,101
  • Mar 16, 2017 7:16am Mar 16, 2017 7:16am
Quoting tstivers
{quote} Are you saying the vote was to lower rates? From what I'm seeing, the vote was to keep the current rates. There was one vote to increase, none to decrease, and 8 to keep them unchanged, from what I can tell. Perhaps I'm not understanding how UK's voting system works though.
Yes, that one vote in favour to increse rates (Kristin Forbes) broke the consensus! That means smth for the prof analysts, "a tendency", a reason for improving conditions for a rise soon
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  • #1,097,102
  • Mar 16, 2017 7:26am Mar 16, 2017 7:26am
Quoting TudorIoan
{quote} O f course any sentiment above 56% it's enough to have it the other way round (if 56% are short/ and 90% are wrong, it means 50.4 probability for long ) Ok now, will you put your money on that ...logic?
Sorry, I don't understand the math.

Premise: 90% are wrong, 10% are right.

Short: 70 %.

Long: 30%.

Now:

Short is right: 10% of 70% = .07

Short is wrong: 90% of 70% = .63.

Long is right : 10% of 30% = .03

Long is wrong : 90% of 30% = .27

The important thing is: Who is right and Who is wrong.

That ends up to the beginning of the premise. Either Long or short : It is always be 90% wrong and 10% right.
  • #1,097,103
  • Mar 16, 2017 7:26am Mar 16, 2017 7:26am
Quoting TudorIoan
{quote} Yes, that one vote in favour to increse rates (Kristin Forbes) broke the consensus! That means smth for the prof analysts, "a tendency", a reason for improving conditions for a rise soon
Ahh, I see. Well, since there's no action in the EU, I figure I may as well get in on the GU action. Already made it halfway to what I think the resistance level will be. Secured at least 20 pips profit.
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  • #1,097,104
  • Mar 16, 2017 7:27am Mar 16, 2017 7:27am
No changes from BoE, but a hawkish dissenter Forbes sends GBP higher
...and the US data in 5 minutes now expected probably good for USD will send euro down
...I don't even want to open a EUR/GBP chart lolol
Member
  • #1,097,105
  • Mar 16, 2017 7:29am Mar 16, 2017 7:29am
Quoting tstivers
{quote} Ahh, I see. Well, since there's no action in the EU, I figure I may as well get in on the GU action. Already made it halfway to what I think the resistance level will be. Secured at least 20 pips profit. {image}
For God's sake, for that dissenter GBP rose 80 pips in 15 minutes
Let's see the US data now...

update: hm, mixed, but good I'd say (for USD)
Member
  • #1,097,106
  • Mar 16, 2017 7:33am Mar 16, 2017 7:33am
Quoting TudorIoan
{quote} For God's sake, for that dissenter GBP rose 80 pips in 15 minutes Let's see the US data now... update: hm, mixed, but good I'd say (for USD)
I doubt it will manage to break the 1.071 support tbh. Doesn't seem like it was significant enough to have much effect other than some volatility.
  • #1,097,107
  • Mar 16, 2017 7:35am Mar 16, 2017 7:35am
Hold on tight.... Will fly high..... Lol
  • #1,097,108
  • Mar 16, 2017 7:40am Mar 16, 2017 7:40am
Quoting tstivers
{quote} I doubt it will manage to break the 1.071 support tbh. Doesn't seem like it was significant enough to have much effect other than some volatility.
It's in the same place for 12 hours. 1.0725!!! fk1.0725!
Quoting yongsien
Hold on tight.... Will fly high..... Lol
When?
Member
  • #1,097,109
  • Mar 16, 2017 7:45am Mar 16, 2017 7:45am
People, I must apologise. It is my fault and mine alone.
When I said "1.072-74" last sunday, I wanted it touch it and then drop.
I did not want it to stay there
I am ashamed and I feel deeply sorry,
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you are not expected to understand this
  • #1,097,110
  • Mar 16, 2017 7:51am Mar 16, 2017 7:51am
I am expecting something more like this than drop. Not trading till it's clear below 0715 or just below 0770.
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  • #1,097,111
  • Mar 16, 2017 7:51am Mar 16, 2017 7:51am
Quoting Teek
People, I must apologise. It is my fault and mine alone. When I said "1.072-74" last sunday, I wanted it touch it and then drop. I did not want it to stay there I am ashamed and I feel deeply sorry, {image}
I think we need to fix it, maybe a WD40 could help
  • #1,097,112
  • Mar 16, 2017 7:59am Mar 16, 2017 7:59am
As we do not have another rate hikes in sight, I think it will be a bull market on EU for the next few weeks, at least.
So, if some o you have a short near to 1.06 I would suggest to accept the loss and close this position.
Kind regards,
  • #1,097,113
  • Mar 16, 2017 8:01am Mar 16, 2017 8:01am
Quoting renanvito
As we do not have another rate hikes in sight, I think it will be a bull market on EU for the next few weeks, at least. So, if some o you have a short near to 1.06 I would suggest to accept the loss and close this position. Kind regards,
I accepted 3 losses up until now in 7 hours
I am willing to risk up to 25% from my real account to recover ...few more shots to go
Member
  • #1,097,114
  • Mar 16, 2017 8:03am Mar 16, 2017 8:03am
Quoting TudorIoan
{quote} I accepted 3 losses up until now in 7 hours I am willing to risk up to 25% from my real account to recover ...few more shots to go
Maybe you could take a look to Cable and buy on pullbacks...
  • #1,097,115
  • Mar 16, 2017 8:05am Mar 16, 2017 8:05am
Anyone know why I can buy ~750 EURUSD but only ~250 GBPUSD? 50:1 leverage on my account.
  • #1,097,116
  • Mar 16, 2017 8:06am Mar 16, 2017 8:06am
Quoting renanvito
{quote} Maybe you could take a look to Cable and buy on pullbacks...
Man, I love that spike on the pound. But I can't trade a pair I can't feel its dynamics... It would be like gamble to me.
I'm a limited mind trader
Member
  • #1,097,117
  • Mar 16, 2017 8:07am Mar 16, 2017 8:07am
Quoting tstivers
Anyone know why I can buy ~750 EURUSD but only ~250 GBPUSD? 50:1 leverage on my account.
It could be differente leverage rules for each pair
  • #1,097,118
  • Mar 16, 2017 8:07am Mar 16, 2017 8:07am
Dxy last chance to support before some other minor supports pre <100.
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Quoting tstivers
Anyone know why I can buy ~750 EURUSD but only ~250 GBPUSD? 50:1 leverage on my account.
Gbp has lower leverage in US till Brexit clears. I think Hilmy said that before.
  • #1,097,119
  • Mar 16, 2017 8:07am Mar 16, 2017 8:07am
Long again .
Stupid but stubborn
  • #1,097,120
  • Mar 16, 2017 8:07am Mar 16, 2017 8:07am
Keep buying as it seems EURUSD getting UP in both long & short term

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It is the dust where you came from & it is the dust where you shall return
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