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fxsport commented Dec 21, 2022Hey Steven, Just chill ok? Yes there were 10 bulls to 1 bear on UJ as well there should have been. It's called the CARRY TRADE and since 2021 it has been VERY PROFITABLE. So maybe you should just lighten up a little, drink some eggnog and chill. I'm ...
Statement on Monetary Policy
- fxsport commented Dec 21, 2022
ANOTHER must read article for anyone who is attempting to figure out "WHEN" the FED is going to stop. Unfortunately after reading this and the prior article about the fabricated jobs reports I have to ask myself can I believe ANY DATA that comes ...
Fed's New Inflation Index Shows Rent Slowing Sharply, Setting Stage For Fed Pivot
- fxsport commented Dec 19, 2022
WOW - that's all I thought about reading your post. It seems so bleak and somber compared to the dancing idiots on CNBC
While I agree with you 90% (up to the last 3 sentences) there are so many people who I keep hearing say, "Well this ...How Long Will It Take Inflation to Hit the Fed’s 2% Target?
- fxsport replied Dec 19, 2022
That 105.0 on the DXY is a real "BEAR" to break. If (and that's a big IF) DXY can break and HOLD 105 it opens the door to 105.5 easily. image image
Cable Update (GBPUSD)
- fxsport replied Dec 19, 2022
OR You could BUY USD..... Can you explain to me why you choose to sell DXY instead of buying? Convince me....please....
Cable Update (GBPUSD)
- fxsport replied Dec 16, 2022
All I want for Christmas if for DXY to close and HOLD above 104.80! image
Cable Update (GBPUSD)
- fxsport commented Dec 16, 2022
I don't often speak about conspiracy theories but if what this author writes is true it would be a CRIMINAL offense. When the new Congress takes over in 2023 IF the Biden administration corrects these numbers and blames it on the incoming class of ...
Here Comes The Job Shock: Philadelphia Fed Admits US Jobs "Overstated" By At Least 1.1...
- fxsport replied Dec 16, 2022
I'm REALLY wanting to see 1.2180 break and HOLD. Why??? image Those would be the transitory inflation brokers....
Cable Update (GBPUSD)
- fxsport replied Dec 16, 2022
While I'm rooting for you I don't have the nuts for placing a trade BEFORE the PMI. Maybe I'm actually learning patience????
Cable Update (GBPUSD)
- fxsport replied Dec 16, 2022
Remember to be impartial Good News - Bad News - Doesn't matter. Price Action is what matters. Remember the past CPI & PMI? Huge initial spikes that within 6 hours were totally filled. Be like water and go with the flow...
Cable Update (GBPUSD)
- fxsport commented Dec 16, 2022
WOW! I don't often say that after reading a story but WOW!!!! I would encourage everyone to actually read the full story - this is SUPER IMPORTANT if it is true and not a conspiracy theory (which I doubt). People need to be fired for perpetuating ...
Here Comes The Job Shock: Philadelphia Fed Admits US Jobs "Overstated" By At Least 1.1...
- fxsport replied Dec 16, 2022
Garrick, On my daily DXY I'm expecting a pullback to the 106.00-107.00 range (23-38% re-tracement) before deciding on a direction. Curious but with the holiday periods (starting next week until January) do you "modify" your charts to compensate for ...
Cable Update (GBPUSD)
- fxsport replied Dec 16, 2022
You are VERY correct. I really don't know WHY people are talking about Cable rising except to get a better short entry. Let's review FUNDAMENTALS shall we? Powell SAID, we have MORE WORK TO DO! Terminal rate is 5.1% Look at the numbers from the UK ...
Cable Update (GBPUSD)
- fxsport replied Dec 15, 2022
This is the problem with mobile trading and alerts - or IS it a problem?
My initial short was closed on the spike below 1.06. So I re-entered my short and I'll turn off the computer...
image EURUSD only
- fxsport replied Dec 15, 2022
I wonder if your wife knows that....Whom do you obey more????
EURUSD only
- fxsport commented Dec 15, 2022
WOW!!! Under control???? I hope you're not a fire fighter - yup it's under control - as the flames lick the roof right before it caves in. Inflation in the USA is NOT UNDER CONTROL. NOPE, NO WAY, NADA. It's slowing and becoming less but under ...
Lagarde: Anyone Thinking ECB Is Pivoting Is Wrong