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fxsport replied Aug 5, 2022It may - dead cat bounce but HOPE = LOSS in the forex world, just saying...
Cable Update (GBPUSD)
- fxsport replied Aug 5, 2022
I'm currently waiting for an entry into AUD/USD (short) 4 hour chart shows bearish: image The 1 hour shows that the lower support has broken: image Because of the NFP in 2 hours I will wait for a good entry point: Goal = 0.6910
AUD/USD
- fxsport replied Aug 5, 2022
Curious as to WHY you would short at the low of the morning - especially with a MAJOR news report in 2 hours?
AUD/USD
- fxsport commented Aug 4, 2022
This is a great question and it has different answers based upon your perception and profession. Let me explain: As a business owner I employ 8 people; 2 on salary the other 6 hourly. For myself I don't have a problem with housing. For my salaried ...
NFP preview: Will we see the lowest US jobs reading since 2020?
- fxsport replied Aug 4, 2022
This is what we needed: image This is what we got... image
Cable Update (GBPUSD)
- fxsport commented Aug 4, 2022
Talk about talking down your currency!!! How many central banks come out and say We are going into a recession? Good for you people speaking the truth!
BOE Gov. Bailey: Risks around MPC forecasts are exceptionally large
- fxsport commented Aug 4, 2022
This is what stagflation is all about: Perceived higher costs in the future mean people are buying now/today and that only causes MORE inflation. Its an upward spiral that we are just now beginning to witness.
ECB Consumer Expectations Survey results – June 2022
- fxsport replied Aug 4, 2022
We can have this conversation next month then...
Going down next stop....EURUSD only
- fxsport replied Aug 4, 2022
Or maybe the thing that sets it off is the BOE statement: 13% inflation AND a recession coming!!!
EURUSD only
- fxsport commented Aug 3, 2022
Don't worry people - President Biden has told us there is no recession. If you can change the definition of recession once why not do it again?
Services PMI Signals "Strong Likelihood" Of 3rd Straight Quarterly US GDP Contraction
- fxsport replied Aug 3, 2022
Curious question: HOW do you know that there will be liquidity where you have indicated on the graph? Also do you utilize E-waves in your trading? image
(binned per thread starter’s request) 29yrs Trading & Still Here
The BEST is yet to come!!! 
- fxsport commented Aug 3, 2022
Woo Hoo! 100,000 barrels a day won't even fill a single tanker. This is insulting! This won't do a darn thing to world oil prices.
The OPEC plus ministers didn’t vote yet… but it’s almost certain the 100k increase will be...
- fxsport replied Aug 3, 2022
You are correct - a weak USA PMI would cause the DXY to fall giving us better heights to short.
Cable Update (GBPUSD)
- fxsport replied Aug 3, 2022
Completely correct Erkat - the EU won't be able to raise rates that much because they are already experiencing severe economic turndown due to energy prices. Let's face it EU companies WANT a lower Euro so their products are more ecomically ...
EURUSD only