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- 145 Results (121 Replies, 24 Comments)
- Macrofx1 replied Feb 3, 2025
I am just fine. My thumbs are good. It has no impact on the market what Zebi or anyone thinks about a president, or any president and prime minister out there. We are just people here sharing analysis on trading. Trump is the president, he signed ...
Cable Update (GBPUSD)
- Macrofx1 commented Feb 3, 2025
Tariffs are already imposed. There will be tariffs for now.
Mexico’s president: Tariffs are paused for a month from now
- Macrofx1 replied Feb 3, 2025
Trump owns 18 “world-class” championship golf properties and resorts under the name Trump Golf. These golfing properties are located in many different locations from Miami (which won Golf Magazines ‘Best U.S. Resort Renovation’ award) to Ireland. ...
Cable Update (GBPUSD)
- Macrofx1 replied Feb 3, 2025
It is a negotiation. Tariffs will be there for now. Possibly after March, maybe they will come up with another deal. For now the 25% tariffs will be imposed and paid. Canada did the opposite so it will affect America too. Economic war began.
Cable Update (GBPUSD)
- Macrofx1 replied Feb 3, 2025
Look at that big hourly candle. Retail are trapped in buying positions now, this will fall hard.
Cable Update (GBPUSD)
- Macrofx1 replied Feb 3, 2025
Every currency is a piece of paper. Just they are differently backed up.
Cable Update (GBPUSD)
- Macrofx1 replied Feb 3, 2025
Good, I entered my short earlier, but i hold my trades medium to longer term. Gaps are filled gbpusd will fall. Same with eurusd. EURO and GBP are in a such a bad shape economy.
Cable Update (GBPUSD)
- Macrofx1 replied Feb 3, 2025
BRICS is an absolute nonsense. If you notice every time Brics is mentioned, market does not react at all. It is useless and does not matter, and it never will.
Cable Update (GBPUSD)
- Macrofx1 replied Feb 3, 2025
No, the US dollar is not a commodity currency. It is a fiat currency, which is a government-issued currency that is not backed by a physical commodity. The value of a fiat currency is based on the government's stability and supply and demand, not ...
Cable Update (GBPUSD)
- Macrofx1 replied Feb 3, 2025
USD does not have intrinsic value. Commodity currencies do like: Canadian dollar, Norwegian krone, Australian dollar, and New Zealand dollar are often known as "commodity currencies" due to their sensitivity to a change in commodity prices. ...
Cable Update (GBPUSD)
- Macrofx1 replied Feb 3, 2025
Gaps are filling up, soon adding more sells on pairs vs USD.
Cable Update (GBPUSD)
- Macrofx1 replied Feb 2, 2025
Waiting for that gap to fill so I can add more sells on GBPUSD.
Cable Update (GBPUSD)
- Macrofx1 replied Feb 2, 2025
Tariffs will not stop anytime soon. Trump has good team of advisors with him, and they did not impose these tariffs on a hunch being stubborn, they all have agenda behind it. Who cares what wall street journal calls him or says. They are journalists ...
Cable Update (GBPUSD)
- Macrofx1 replied Feb 2, 2025
Tariffs have been imposed, DXY remains bullish. S&p500, nasdaq100 remains bullish. More data this week, eurusd bearish all the way to parity 1.00 and possibly below to 0.90. Euro economical data is bad vs USD economic data which is overall good.
Only EURUSD
- Macrofx1 replied Feb 2, 2025
It was all due to tariffs. Has nothing to do with technical patterns or anything to do with charts. This is pure political and economical. But Trump mentioning tariffs, I am glad I kept my eurusd short and just closed in profit.
Cable Update (GBPUSD)
- Macrofx1 replied Feb 2, 2025
Gaps were to be expected, once it goes up to fill up those gaps, another opportunity to sell pairs vs USD.
Cable Update (GBPUSD)
- Macrofx1 replied Feb 2, 2025
Not in Canada, not in 2025, which will be worst year then 2024.
Cable Update (GBPUSD)
- Macrofx1 commented Feb 2, 2025
Yeah sure, but look how everyone panics on his threats. That is what I thought.
Fed Watch: A Pause That Refreshes?