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- Steve J replied Oct 29, 2017
Gold, EURUSD & GBPUSD appreciating with alacrity over the last ten minutes. It looks like a rise before the fall!
- Steve J replied Oct 28, 2017
Taigen you're right!...retail does not have a significant effect on the market. We are simply an additional cash reservoir. Yet the vagaries of forex lead me to believe that to profit from the financial haze one's account must be fat, lot sizes ...
- Steve J replied Oct 28, 2017
I'm all ears!
- Steve J replied Oct 28, 2017
After narrowly escaping death by rapid stop loss hunting on EURUSD last Thursday and Friday, I can tell you that they're out to screw you! The currency pair was gradually falling (due to the ECB not changing the minimum bid rate), but then just ...
- Steve J replied Oct 11, 2017
Wow! It's really annoying when there is no obvious price driver. All I'm seeing is a nebulous haze!
- Steve J replied Sep 15, 2017
What is the prime driver for Cable appreciation? It's appreciating like an IBM, wheras EUR/USD is doing its best to stay under 1.20. I thought post Brexit the UK would move towards an export-driven economy.
- Steve J replied Jun 17, 2015
Thanks for the post. At times like these it's good to know I'm not alone. I had originally hoped to make a living out of trading but now I have serious doubts. One really needs serious capital to make it work. The vagaries of the Forex market are ...
- Steve J replied Jun 17, 2015
At the end of the day one has to shrug one's shoulders and just make sure you're using money you can afford to lose. It hits you like a bolt between the eyes. You can be right and wrong at the same time in Forex. The GBP Claimant Count Change was ...
- Steve J replied Jun 12, 2015
At the end of the day one has to laugh! Always expect the unexpected in Forex! Both USA "high impact" results were in favour of dollar appreciation. First the PPI, followed one and-a-half hours later by the UoM. It was after the latter result that ...
- Steve J replied Jun 10, 2015
Most esteemed Cablers, can anyone tell me why GBP is soaring to dizzy heights although the GBP Manufacturing Production result was not good? GBP is actually hitting nascent highs in spite of bad results. I just don't get it. Are we simply gambling ...
- Steve J replied Jun 9, 2015
JOLT report is out - good for the States and yet Gold menacingly hovers slap bang in the middle of the highest and lowest prices so far today. It's almost as if the yellow metal is beckoning us and saying: "step right this way ladies and gentlemen, ...
- Steve J replied Jun 3, 2015
Wow! The sheer raw power of fundamental analysis when it works. GBPUSD and GBPJPY depreciated each by 800 pips in all of one second. The GBP Services PMI result really bites. I went from a losing position into profit in one swift second. If I could ...
- Steve J replied May 29, 2015
Yeah!....just keep on oiling the mean machine until the day it runs you over!
- Steve J replied May 29, 2015
[quoti=yeniful;8292634]its not manipulated. oil is spiking bc funds are betting on it going up due to ISIS attacks and invasion of areas with key oil refineries in iraq. production in canada is being hit too with wild fires.... both are creating a ...
- Steve J replied May 29, 2015
GDP prelim q/q figures were good for the dollar....it gained in strength. Yet the ballerina WTI Oil did the opposite of what was expected and appreciated in price. It is hard to trade when a commodity does not follow economic principles. It is ...
- Steve J replied May 28, 2015
Come and see WTI Oil gliding like a ballerina from one extreme to the other! Zeniths and nadirs hit with ease; as if the distance between high and low is no distance at all. In one day hitting extremes twice, with even time for the odd pirouette ...
- Steve J replied Mar 25, 2015
The FOMC recently made it clear that rates will not be increased anytime soon so I expect the price of WTI oil to steadily rise to around the $55 region. I think there is either no hope or Bob Hope chance of oil reaching $20/barrel.
- Steve J replied Nov 18, 2014
Am I on the right thread....is this EURUSD or SCREUROUSD? The way this currency pair continues to go against fundamental analyses is so annoying!
- Steve J replied Nov 14, 2014
Favourable USD news and yet within the last thirty minutes Euro surpasses its highest point of the day by over 400 pips! So it has moved in the complete opposite direction to what was expected. Anyone looking at the charts would think that the news ...
- Steve J replied Nov 14, 2014
You are overlooking the obvious! ClockTrader's explanation is more accurate given the timing of the sudden increase in price. Timed just after all the USA favourable news was collated for the day and many expecting a concomitant decrease in gold ...