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smikester commented Apr 15, 2020Good article. Particularly the disparity in bank capitalisation based on equity market valuations.
COVID-19 Crisis Poses Threat to Financial Stability
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smikester replied Apr 14, 2020Well, today was a Tuesday. Never a great day for big moves. We may well accellerate tomorrow and Thursday. It's not just Cable, it's across the board that 22nd March $2,000,000,000,000 stimulus ratified on 25th March is having an effect. The S&P 500 ...
Cable Update (GBPUSD)
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smikester replied Apr 14, 2020Thanks for the input and the chart. I learned something new today - secular trend.
Cable Update (GBPUSD)
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smikester replied Apr 14, 2020Yes. You're welcome. I think this chart explains my post better. I'm not saying it's bullish or bearish from where we are now. Just that the bottom of the range was rejected. : image
Cable Update (GBPUSD)
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smikester replied Apr 14, 2020I see what you are saying, but in the context of this being a correction to a longer term down trend I see last month's break out as false and the rejection of those lows could take us to the top of that range which equals 1.35. (This was tested and ...
Cable Update (GBPUSD)
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smikester replied Apr 14, 2020We opened the day on 1.25 and could well go back there to test that level. I would not trade that, but it deters me from adding longs.
Cable Update (GBPUSD)
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smikester replied Apr 14, 2020Mingary. I'm going to leave it there. I don't think either of us has any more to say here. I worry about you. I don't want to do harm.
Forex is random
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smikester replied Apr 14, 2020Mingary. I'm still waiting for a reply to my question. That was where you left the debate. You either don't know, or don't want to answer the question because it was long and predictable and tradeable move. Not random.
Forex is random
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smikester replied Apr 13, 2020Thanks for the chart and your analysis. My view is that your significant level is now broken. Well, your chart was posted 30 hours ago and in the last three hours New York showed us the way. It's a great pair just now, massive momentum to the ...
EUR/GBP - What a great pair to trade!
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smikester replied Apr 13, 2020Very thin trading by the look of this chart: image I expect a bounce down off 1.25, but I expect I will be holding and adding to my longs this week. Good trading.
Cable Update (GBPUSD)
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smikester replied Apr 13, 2020Thanks I will look for it. He doesn't like to mention it here...
Forex is random
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smikester replied Apr 13, 2020There's a shortage of storage which means what? They can't get rid of the stuff. So, no buyers means lower price. It's a fascinating scenario. But guess what, I bet the price doesn't fall much at the gas pumps.
Cable Update (GBPUSD)
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smikester replied Apr 13, 2020Please will someone go to the "Forex is Random" thread and tell Mingary he's a jerk!
Cable Update (GBPUSD)
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smikester replied Apr 13, 2020As I said before, looks like you prefer an Ad Hominen response .. I get that... No. Wrong and an attempt to mislead. I am pointing out that your responses are coloured by your own personal experience . Since you avoid admitting it, I would go as far ...
Forex is random
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smikester replied Apr 12, 2020While we are being didactic I should probably point out that we say "off topic" in the 21st century, not Latin, like some failed expectations privately educated whiner. So, totally on topic, then, given the fact you managed to blow 200 grand and now ...
Forex is random
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smikester replied Apr 11, 2020You are wasting a lot of space here. I have highlighted the only true thing you managed. Now I have read your history I understand why you are such a bitch. I would love to hear the back story. Whose £200,000 was it you lost in trading? Did you not ...
Forex is random