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fxsport commented Nov 25, 2022@Bakker & Steven1 1. I think you are both reaching for the H&S patterns (IMO) - should be much cleaner and neater and NOT extended over that long period 2. Do you REALLY trade off of monthly charts or daily? I will bet that neither of you have kept ...
US Dollar Has Peaked, Likely to Head Lower in 2023, Westpac Says
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fxsport replied Nov 23, 2022If the USA PMI meets or beats expectations watch Cable drop like a rock - like a barrel over Niagra Falls...
Cable Update (GBPUSD)
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fxsport replied Nov 21, 2022Funny thing about the World Cup Here is the USA most people I have talked to are in 1 of 2 camps: Camp 1 - Want to watch the world Cup (minority) Camp 2 - Don't care about Soccer - World what??? (majority) Myself I'm in Camp 2...
Cable Update (GBPUSD)
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fxsport commented Nov 17, 2022You got it right on the first sentence - the FED is DETERMINED to kill the USA economy in order to tame inflation. The ONLY WAY to get wage inflation under control is with MASSIVE job cuts/layoffs. That is the ONLY way to get people to take a pay ...
Bullard: Fed rate hikes to date have had "only limited effect on observed inflation"
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fxsport replied Nov 17, 2022I hope it wasn't a signal like this one that was received... Pretty funny movie...ok mildly humerous.... image
EURUSD only
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fxsport replied Nov 17, 2022Pat didn't you know that between 8am-6pm is when the donuts are fresh so the police have other places to be.... Ok maybe not in the UK but in the USA - Oh yeah! image
Real Trading
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fxsport replied Nov 17, 2022Dude, NO ONE is forcing you to come here and post. Abide by the RULES and you are welcome and you may learn from the Master Ata. IF you don't want to play by the rules - so long! There are many other threads out there for you to spew your hate ...
EURUSD only
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fxsport commented Nov 16, 2022Actually they foretold the June, July and September after that it was going to be data dependent. Too many people have written about the FED PIVOT and it's not time yet to discuss the FED pivot. Actually it would be good to define what a FED PIVOT ...
Fed’s Daly sees rates rising at least another percentage point as ‘pausing is off the table’
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fxsport commented Nov 16, 2022Simple - the BOE has no creditability the markets don't believe them.
BOE's Dhingra: If interest rates continue to rise, the economy could enter a much deeper...
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fxsport commented Nov 16, 2022Sorry FF but THIS should have been a red event. The FED is telegraphing EXACTLY what they are going to do...
Fed’s Daly sees rates rising at least another percentage point as ‘pausing is off the table’
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fxsport commented Nov 16, 2022Given the state of the economies in the EU this is a prudent move.
Reports ECB Officials May Favour 50bps Hike In December Vs 75bps
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fxsport commented Nov 16, 2022People here think that the FED is done - far from the truth. The FED will raise rates 0.5% in December but with this report there is a possibility of a 0.75% but that is slim. The main reason for this surge: Hurricaine IVAN and CA stimulus checks.
US: Retail Sales rise by 1.3% in October vs. 1% expected
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fxsport commented Nov 15, 2022Hey Australia - I've got a solution to your tight labor market: You simply charter a few hundred flights from El Paso Texas to Sydney. Fill the planes with the illegal immigrants that cross the USA border every day and send them to Australia - ...
Australia Seen Hitting 3% Wage Growth as Inflation Risks Linger
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fxsport commented Nov 15, 2022Sorry but NO to arming Ukraine. PEACE - not war.
Russia's Defence Ministry: Statements about the Russian missiles hitting Polish territory are...
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fxsport commented Nov 9, 2022TRANSLATION: We at the FED are going to WRECK your economy until housing prices fall 20% and unemployement hits 8-9%
Fed's Barkin willing to risk economic downturn to control inflation
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fxsport replied Nov 9, 2022Ok closed my shorts - thank you Pat for allowing me to get some ammo for the train to 1.15+

Cable Update (GBPUSD)
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fxsport replied Nov 9, 2022Hey Js3 - I LOVE your post so PLEASE don't take this the wrong way but I just see it differently - let me explain: 1. US elections - no effect on FX; equities yes; USD no - nothingburger 2. CPI tomorrow - more on that 3. China and Covid - no real ...
EURUSD only
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fxsport replied Nov 9, 2022Ok Pat, I'll give you 1.1460 but not a pip more! image
Cable Update (GBPUSD)