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TheWolf replied Jan 5, 2023Clean Daily Chart.. DXY Daily.. we finally have confirmation candle, at last..
Cable Update (GBPUSD)
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TheWolf replied Jan 5, 20231.06 (1.05885 exactly) should be around the best price you'll get to Short from. I think that will be the last chance. If retracement comes, if not..
EURUSD only
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TheWolf replied Jan 5, 2023It's over.. Hourly was right to confirm Short 4 hours before London Open...
H4 is about to confirm Short and on Daily Chart yesterday's candle DID NOT CLOSE ABOVE THE GRAY LINE.. Next Support based on Daily Chart is at ...Cable Update (GBPUSD)
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TheWolf replied Jan 5, 2023Some of the Fed members are giving speech today. Three of them I think.
Cable Update (GBPUSD)
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TheWolf replied Jan 5, 2023"High-Impact News" If this was the real NFP, 100K of difference would produce at least 100 pips or more..
Cable Update (GBPUSD)
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TheWolf replied Jan 5, 2023Finally some action, not much but enough to convince me USD is going to be weak on ADP release.
Cable Update (GBPUSD)
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TheWolf replied Jan 5, 2023Former Federal Reserve Chairman Alan Greenspan believes a US recession is the “most likely outcome” of the Fed’s aggressive rate hike regime meant to curb inflation. He joins a growing chorus of economists predicting imminent economic downturn. His ...
Cable Update (GBPUSD)
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TheWolf replied Jan 5, 2023I think if ADP really mattered, we would already have some action going on, but we have nothing. Banks aren't even pushing the price in one direction to catch traders.. nothing.. ADP is known to produce a big difference in what is forecasted and ...
Cable Update (GBPUSD)
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TheWolf replied Jan 5, 2023First week of the February is going to be interesting. Interest rates (both Fed and BoE) and NFP again.
Cable Update (GBPUSD)
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TheWolf replied Jan 5, 2023Short signal I have on Daily Chart is still holding on. Price cannot go above the gray and yellow line I have on the chart. More and more confident price will drop tommorow on NFP.
EURUSD only
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TheWolf replied Jan 5, 2023Due to the threats from banks, I was forced to close the trade.. +13 pips. Better nothing than something right?
I'm done for today.. I agree with the rest that today is a Range hence why I closed the trade. GL to the rest of you! Closed @ ...Cable Update (GBPUSD)
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TheWolf replied Jan 5, 2023This fake NFP never produces any play.. That's why I'm not trading that much anymore if there isn't at least one High-Impact news on that particular day that actually matters. This way I avoid Range and loss of the money..
Cable Update (GBPUSD)
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TheWolf replied Jan 5, 2023EUR/USD Daily gave me Short signal yesterday I think. That should mean USD is again going to be strong on the news (NFP). With that in mind we might see another push to R. ~1.208 Will keep that in mind, thanks! Also, judging by where the price is ...
Cable Update (GBPUSD)
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TheWolf replied Jan 5, 2023GBP/USD Hourly Short @ 1.20332 SL 1.20647 Gotta practice what I preach ha?
Coffee time no? Bye Forex! This is the only trade for today I think. Not much action going on, I think they are preparing for tommorow..Cable Update (GBPUSD)
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TheWolf replied Jan 5, 2023H4, little bit cleaner chart.. no wicks.. It seems to say that if the price fails (if the candle fails) to close below ~1.2010 H4 remains Bullish, if however it closes below this price, then coupled with M15, M30 and Hourly and Daily, we have ...
Cable Update (GBPUSD)
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TheWolf replied Jan 5, 2023GBP/USD H4 Update.. H1... ~1.20337 potentially good price to Short
Cable Update (GBPUSD)
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TheWolf replied Jan 5, 2023M15 Short M30 Short Hourly Chart: just confirmed Short (careful!) However, London is known to push Pound up against Yen.. seen it hundred times already.. GL!
Cable Update (GBPUSD)