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Purple replied Feb 3, 2023NFP data is irrelevant right now.. this downward spike is temporary.. no major levels is broken.. we will see continuation of uptrend from Tuesday or Wednesday.
EURUSD only
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Purple replied Jan 2, 2023Its a clean short at Pound but the gap above is holding me.
Cable Update (GBPUSD)
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Purple replied Dec 2, 2022does that mean market will head towards 1.0350? How to analyze this?
EURUSD only
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Purple replied Nov 9, 2022Day Trading FX is more interesting, one learns a lot about global politics and it keeps you busy, active.. if you really want to take trades and float it for months its better to trade stocks.
Cable Update (GBPUSD)
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Purple replied Nov 1, 2022Thank You for the detailed explanation, never knew MT4 and MT5 has different default timeframes!
I will code your EAs and Indicators for no charge
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Purple replied Oct 31, 2022Short EURO from .9892 … want to hold this one till New York open tomorrow at least but let’s see.
EURUSD only
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Purple replied Oct 28, 2022I am done for today, I have one standing buy position in EURUSD, the TP for which I have set at breakeven.
Cable Update (GBPUSD)
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Purple replied Oct 28, 2022Booked loss, reversed position long from 1.1526, hourly close candle is bullish, TP open.
Cable Update (GBPUSD)
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Purple replied Oct 28, 2022Short from 1.1515 … no buyers in market and it’s Friday, lot of longs taken during the week will close their trades today.
Cable Update (GBPUSD)
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Purple replied Oct 23, 2022Rishi Sunak is the opposite of what Liz Truss was. He is the so called ‘Fiscal Realist’, while Truss was completely fiscally irresponsible which led to market crashing 3-4 weeks in first place. The energy problem in UK is a real one with winters ...
Cable Update (GBPUSD)
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Purple replied Oct 23, 2022It will be a difficult week to trade Pound this week, there is the political battle going on between Sunak and Boris (expect Pound to rally a little bit if Sunak wins) and than there is last week’s BOJ intervention and the price movement in Yen will ...
Cable Update (GBPUSD)
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Purple replied Oct 21, 2022In FX market all pairs (with the exception of cross pairs) are pegged against USD, gbp/USD and USD/jpy and inversely related, a fall in one pair is a gain for other as USD is on the opposite side.
Cable Update (GBPUSD)