both, the euro and the pound closed the hour above roundies indicating bullishness

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Nov Durable Goods Orders Revised To +2.2% From +1.6% This partly offsets 'negative' number

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I think you stop beeing a newbie after you stop making newbie mistakes, like not cutting your losses when needed or not lettin profits run or not having enough patience and enterring too early without signal confirmation and of course not having ...

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Im looking for somethiong like this to happen ) (Picture is 1h cable , on the day of interest rates rise)

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just went long 9710 stop at 9687 target hmm lets see, at least mid 40s modified stop to 92 actually , will be trailing it up with ema34 on 15 min chart

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it worked

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None of the markets are Zero-Sum game, because of bid and ask spread, Zero sum would imply that what person A loses B receives (exact amount) but it's never the case because of commisions or spread or both, middle man always gets the slice, so its a ...

Where does the money come from?

After a rally and a lousy monday we had today i would expect the reversal to happen tomorrow however the way the GBPUSD graph is alligned i dont see it happenning yet, will have to wait till tomorrow to confirm any move ( up or down) . Oh yeah, only ...

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Univ Michigan Mid-Jan Sentiment 98.0; Dec 91.7 Univ Michigan Mid-Jan Current Index 112.5; Dec 108.1 Univ Michigan Mid-Jan Expectations 88.7; Dec 81.2 Univ Michigan 12-Mo Inflation Forecast +3.0%; Dec +2.9%

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it is in fact 98

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there are rumours that consumer sentiment is 98 vs 92.5, but rumours are just that.

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The way i see it , there was a false breakout above 9750, either lots of stops got triggered or limit orders, perhaps both , but now that it took stops and more ppl loaded wit gbp it will slump. My target area remains double bottom at 1.93 area

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Why did everyone abandon this thread url ? it was going nicely

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i think at some point in few years time we will have the repeat of 92 because you can not borrow indefinately, plus there is a rising number of people going bankrupt so something got to give at some point in the future

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My target now is 1.93 area although 1.9720 is not excluded, im short from 1.97 with stop at 1.9770

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Well Sterling Index is also at the highest point in 10 years and it was there when intrest rates came out so it was priced in plus there might be profit taking since it couldnt stay above 1.97 level and another explanation could be that bankers try ...

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oh yeah , just checked their website it hasnt been released yet sorry for confusion

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i thought empire figure was already leaked out

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im aiming for 1.95 tomorrow

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Since most are speaking of bullish sterling and break of 1.97 level and the fact that cable moved up 400 pips from its low of around 1.9270 its time to start selling the cable imo.

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