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OnlineAddict replied Nov 10, 2023Indicators are completely useless...the only people who use them are retail trades, that tells you all you need to know about them.
Gold
- OnlineAddict commented Nov 10, 2023
Confidence in the US economy is dropping faster than Biden's cognitive skills.
US November prelim UMich consumer sentiment 60.4 vs 63.7 expected
- OnlineAddict commented Nov 8, 2023
To the contrary, its heading towards 1.29. HSBC either has the dumbest analysts ever or they are trying to deceive the general public. Not a bank I would like to work with.
HSBC: Pound Sterling Overvalued Vs US Dollar, Could Slide To 1.2040
- OnlineAddict replied Nov 8, 2023
Looks like the correction is over, 2250 held nicely. We will reach 1.29 again, so plenty of pips to be made on the way up.
Cable Update (GBPUSD)
- OnlineAddict replied Nov 7, 2023
Correction nicely in progress...but still not going long...maybe later today or tomorrow.
Cable Update (GBPUSD)
- OnlineAddict commented Nov 6, 2023
How do you say you are broke without saying you are broke
Italy Seizes €779 Million From Airbnb for Alleged Unpaid Taxes
- OnlineAddict commented Nov 4, 2023
Europe is done, even a 6 day working week wouldn't help anything. What would help is to get rid of the bureacracy and high taxes, but that will not happen until the continent is completely broke and will have to start from scratch again.
German Finance Chief Says Four-Day Weeks Won’t Boost Prosperity
- OnlineAddict replied Nov 4, 2023
Makes sense technically, too. Since we turned bullish, corrections until tuesday-wednesday are common after big friday moves.
Planetary Cycles Trading (EUR/USD)
- OnlineAddict replied Nov 4, 2023
There should be a correction early next week, before new support is found by bulls. Hard to say if 50 pips or 100 pips, but there is definitely enough room, maybe even until tuesday-wednesday.
Cable Update (GBPUSD)
- OnlineAddict replied Nov 3, 2023
London is the worst session to trade...I need to move somewhere, where I'll sleep through that session.
Cable Update (GBPUSD)
- OnlineAddict replied Nov 3, 2023
With luck...takes about 6-7 pips to wipe the account, so have to be lucky with the first few trades.
Cable Update (GBPUSD)
- OnlineAddict replied Nov 3, 2023
50,000% in 1 month.
Need to take a break for today, I can't trade fridays, anyway. But I still think GU will reach 2260. If I am wrong, I can at least buy lower again by the end of the day or early next week.Cable Update (GBPUSD)
- OnlineAddict replied Nov 1, 2023
Upmove only starting at 2150...see you all at 2260.
Cable Update (GBPUSD)
- OnlineAddict commented Oct 27, 2023
Both countries are meaningless to the euro and Hungary doesn't even have euro. Wtf?
Euro Analysis: EUR/USD Bounces Back to Near Flat on the Week
- OnlineAddict replied Oct 27, 2023
Congrats on the result and I am honored that I was the inspiration for you to try it out.
As for the longetivity, the issue with drawdown can't be avoided trading at such high risk levels. In my experience, if someone is expecting 10% per ...Planetary Cycles Trading (EUR/USD)
- OnlineAddict commented Oct 26, 2023
The US is now faking numbers more than China.
Gross Domestic Product, Third Quarter 2023 (Advance Estimate)
- OnlineAddict commented Oct 26, 2023
What is that today...like 5 bucks?
Japan's PM Kishida: We will give 40,000 Yen tax rebate per head next year
- OnlineAddict commented Oct 26, 2023
Happens all the time...mostly the turning point is 70-80%, then people get into opposite positions and those will rise.
Quick move lower in USD/JPY