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fxsport replied Nov 1, 2022That is impressive. I WISH I had the patience to swing trade but in my mind, that what equities are for...
Thanks for your insight and contributions.
Cable Update (GBPUSD)
- fxsport replied Nov 1, 2022
Dear Ata, thank you for providing simple clear points which I back up with fundamental analysis: If the FED raises by 0.75% (I'm 100% sure of this) AND at the press conference talk about a possible slowdown in hikes 0.9963 will become support ...
EURUSD only
- fxsport replied Nov 1, 2022
@Wavegarrick, What is your time frame for your buy and holds? Are you trading off the dailies or weeklies? Curious. How long do you typically hold a position? My record? Thursday until Monday. I'm USUALLY flat by NYE close but that's ...
Cable Update (GBPUSD)
- fxsport commented Nov 1, 2022
Anything that Biden would endorse is worrisome...BUT WHERE is it written that the FED has "pivoted"??? No where, it's another lie put forth by Biden
Bernstein: Biden Has Endorsed Fed's Policy Pivot
- fxsport replied Nov 1, 2022
REALLY??? DXY DOWN in light of the data today? Not buying into that.
Cable Update (GBPUSD)
- fxsport commented Nov 1, 2022
That's not true - the FED HAS done their part and now we are waiting patiently for the rate effects to roil thru the markets. Today's employement report shows that companies haven't started laying off yet. WHY? Too many companies had trouble getting ...
Job Openings and Labor Turnover – September 2022
- fxsport replied Nov 1, 2022
Hey want to read something that will blow your mind? What is the definition of a specialist in the medical profession? Someone who knows more and more about less and less until they know absolutely all there is to know about nothing! ...
Cable Update (GBPUSD)
- fxsport commented Nov 1, 2022
This is only the BEGINNING of the FED destruction of the USA economy... Ask yourself this...IF manufacturing slowed down so much then why where there more job openings available???? I don't trust the numbers and the government at THIS TIME OF YEAR ...
US Manufacturing PMI at 50.2%; October 2022 Manufacturing ISM Report On Business
- fxsport replied Oct 31, 2022
The numbers from the EU were not bad they were HORRIBLE. The EU is screwed when the temperature drops and now with food at the ports being held up - there is going to be some unrest in those countries expecting food.
EURUSD only
- fxsport replied Oct 31, 2022
I've been in and out of cable today 2x - both for very small (10 & 13 pip gains). Currently I'm underwater waiting for DXY to calm down so cable can re-trace back to 1.151x-2xish It is what you make of it.
Volman meets Burke or My journey with PA
- fxsport replied Oct 31, 2022
OR Could be continuing upward to new highs! Ride the Train...
Volman meets Burke or My journey with PA
- fxsport commented Oct 31, 2022
This will be crippling in the dead of winter. You better HOPE for global warming this winter!
Euro area annual inflation up to 10.7%
- fxsport commented Oct 31, 2022
Question: At what point should we begin using the phrase STAGFLATION? Personally I think it is here already if not we will definately feel the pain in December as rates continue to rise along with inflation!
US Dollar strengthens as Fed expected to stay hawkish; yen fragile
- fxsport replied Oct 28, 2022
You sound like a politician. Maybe you should replace Ms. LeGarde no??
EURUSD only
- fxsport replied Oct 28, 2022
Yes Indiara, what happens today will have an effect on the FX market for the next month... Why you ask? Any weak USD data will give rise to chatter that the FED will only raise .5% at the FOMC in November (hence the PIVOT talk) Once THAT occurs the ...
Cable Update (GBPUSD)