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SFundamental replied Jul 30, 2020Not sure if anyone is short Euro .....but its selling...plus they have more to do Friday it should really kick off
Fundamental Trading Journal
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SFundamental replied Jul 29, 2020Top edge Euro starting to sell- they have got a long way to go to balance the Euro The thing is the US have not been able to resolve any of the employment grant issues- what a mess- and the dollar has been slaughtered over it
Fundamental Trading Journal
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SFundamental replied Jul 27, 2020Not sure what the Fed can actually do.... At the moment we can see real dollar selling at high volumes Mnuchin did say that he wants stable dollar.. Its expected that the Fed are going to be accommodative and not do anything. The issue is that yield ...
Fundamental Trading Journal
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SFundamental replied Jul 26, 2020I will be selling any rallies especially from Wednesday Book balancing week......equity traders have billions of euros to sell Then next week will step back in with the longs
EURUSD only
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SFundamental replied Jul 26, 2020There was something else- the EU package- this was critical In relation to next week - this is going to seem odd. But the Euro is likely to come off due to end of month book balancing, particularly towards the end of the week Hopefully, Citi bank ...
Fundamental Trading Journal
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SFundamental replied Jul 25, 2020Remember 95% of retail traders lose. This is a retail traders forum- so 95% of the people on here lose. So be very careful
Fundamental Trading Journal
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SFundamental replied Jul 25, 2020In forex - pricing is always based on what is likely to happen in the future. In respect of the Euro- there are a number of reasons: a) The Fed cut interest rates from 2.50% to 0.25%. This in turn affects the yield that new bond holders will receive ...
Fundamental Trading Journal
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SFundamental replied Jul 25, 2020I have to admit when I read some of the threads on forex factory - its like nursery school Shocking really
Fundamental Trading Journal
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SFundamental replied Jul 25, 2020My long term forecasts for Cable 1.5 and 1.65 I know a major investment bank's forecast are 1.46 for the end 2021
Cable Update (GBPUSD)
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SFundamental replied Jul 21, 2020Current view: 1.2800 possible reverse certainly would not look to go long from those levels
Cable Update (GBPUSD)
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SFundamental replied Jul 21, 2020Equities are likely to fall at some point...this move up on them is iffy
Cable Update (GBPUSD)
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SFundamental replied Jul 21, 2020This move down is all Cable related...nothing to with global risk......but 35 pips up so there we go
Cable Update (GBPUSD)
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SFundamental replied Jul 20, 2020Right so where are we at on Cable UK BOE: Bullish on the UK economy- now neg rates won't happen Geop: UK opening up - infection rates manageable EU sorting out the grants Mike Pompei arrived the UK today - to discuss a trade deal, China and 5G US ...
Fundamental Trading Journal