The weakness of sentiment trading is, you can't differentiate which ones playing long term (or swing) to short term. Also for decentralized market like forex, it's only pooling data from their network/database. It's like comparing a small pool to ...

Gold

Lemme present a bit of my readings of the gold chart. image This channel is built based on line-fit plot method. I'm using 48 period on 30mins chart, which means it represents daily trend. As you can see, the line is sloping upward. We might see ...

Gold

I disagree to this statement, how much do you expect it to drop? Too much drop leads to higher volatility, which disrupts liquidity. Means no one can't even get in or get out from the market at the fair price. This but a healthy slowdown, scalper ...

Cable Update (GBPUSD)

Why don't you wait for daily to close then speculate?

Cable Update (GBPUSD)

It's definitely too hot to handle by USD shorters.

Cable Update (GBPUSD)

Still better than some delusional, denial, and wishful "traders" here. They're just distracting newbs.

Cable Update (GBPUSD)

Played out well.

Cable Update (GBPUSD)

Triple rejections around pivot point, and seems volumes are peaking in around 30 mins.

Cable Update (GBPUSD)

Speculators reaction and timing, you always find NY session the busiest among other session. It's safer to look at the bigger picture when working with fundamental data.

Cable Update (GBPUSD)

You worry about their future decision too much. Interest rate are just one of many things that affect exchange rates. Have you ever check interest rate correlation with exchange rate? I see no direct correlation. image

Cable Update (GBPUSD)

Yes, that's often the case. What I'm pointing out is the ones who thought that prices is going to move in a direction based on their own "historical" point of view. They often neglect the fact that the market are not moving based on their ...

Cable Update (GBPUSD)

Man, I saw too much narcissistic technical analysts in this market. Enough is enough.

Cable Update (GBPUSD)

This isn't a good bullish close in H4

Cable Update (GBPUSD)

Technical often deceiving.

Cable Update (GBPUSD)

Not-KPMG?

Cable Update (GBPUSD)

Just checked your profile cos your tone a bit familiar to me. So what's happen with your old account?

Cable Update (GBPUSD)

I think that's not how you exploit the data. GDP growth rate are lagging, so you can only use it to judge whether they're expanding or contracting after the data release. If we see recent 3 quarters back, it seems like they're stagnating or maybe ...

Cable Update (GBPUSD)

I'm so done with this forum hahahah

Cable Update (GBPUSD)