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smikester replied Oct 18, 2018I advise you to read the news release from the Office for National Statistics, which you can find in the detail of the calendar release. This shows a good quarter, so one month is not necessarily a bad figure. The next quarter is October onwards, I ...
Cable Update (GBPUSD)
- smikester replied Oct 18, 2018
I was reading your recent post asking the question about a big drop in cable and euro and I think it's quite possible, certainly in cable. I want to see if cable makes it to 1.3140 - 1.3150 and what it does there. I find the weekend gap very ...
Cable Update (GBPUSD)
- smikester replied Oct 18, 2018
Not many people realise tea had a big impact on the UK when it became cheap enough for the working classes to drink it. Boiling purified the water and drinking tea as an alternative to beer (or gin) was healthier.
Cable Update (GBPUSD)
- smikester replied Oct 18, 2018
At about 08:30 UK time it looked like traders were taking a long gamble on the retail figures. I'm guessing these weak longs will be taken off the table before New York. If not, New York will chomp them up. Just guessing.
Cable Update (GBPUSD)
- smikester replied Oct 18, 2018
Better to talk about coffee (I like cortado) than the pound. The last 4 working days of price action reflects the political turmoil, i.e. going nowhere and even a crummy set of retail sales causes confusion in between 1.31 and 1.3115. I like the ...
Cable Update (GBPUSD)
- smikester replied Oct 11, 2018
It was always kicking off in this thread and although I applaud Ata-Turkoglu for policing the new thread, I prefer this.
EURUSD
- smikester replied Oct 11, 2018
Day chart says it all for me. Let the scalpers have a go...
EUR/GBP - What a great pair to trade!
- smikester replied Oct 11, 2018
What I find intriguing today is the behaviour of the price off the UK open (00:00 UK time): image To the pip, major bulls are protecting this level. Interesting. I like the look of the weekly as a complex bottoming out pattern and I'm going to try ...
EURUSD
- smikester replied Oct 11, 2018
1.1530 is a massive pivot zone. Here is what that number has been doing this year: image This is a weekly chart and we can see how this area formed a low in 2017 and a high in 2016. A good area to trade off.
EURUSD
- smikester commented Oct 9, 2018
Aww. I thought it was going to be the new big thing. Make up an imaginary currency, make people believe in it, like they believe in the Tentacle God. What could possibly go wrong?
Crypto Industry on ‘Brink of an Implosion,’ Researcher Says
- smikester commented Sep 28, 2018
Asking me questions about the history of European employment does not constitute an argument, nor does it do you any credit. I would be the wrong person to ask anyway, as I am not an expert. Labelling all remainers as naive labels you as a bigot. ...
Germany’s Merkel: Agreement About Brexit Could Come In October
- smikester commented Sep 28, 2018
What is leftist about owning property?
Two Myths of the 2008 Meltdown
- smikester commented Sep 26, 2018
Wayne, it's always been the same for most European states. Read your history books. That doesn't make the EEC a bad thing. Just like the USA has poor states. I'd credit you with enough intelligence to realise that but maybe you are quite young and ...
Germany’s Merkel: Agreement About Brexit Could Come In October
- smikester commented Sep 10, 2018
The GDP of countries that are not members of the EU is completely irrelevant. Just because they are near Europe?Are you a Brexiter? What a surprise. Kind of annoying and irrelevant at the same time.
GDP monthly estimate, UK: July 2018
- smikester commented Sep 10, 2018
Interesting to see the break down of the GDP figures. This currency is affected on an almost daily basis by the Brexit negotiations and it looks like a hideous Brexit deal (UK leaves but trade with Europe continues as usual, with the UK having no ...
GDP monthly estimate, UK: July 2018
- smikester commented Sep 6, 2018
Not from a journalist: "But these successes have come despite — not because of — the president’s leadership style, which is impetuous, adversarial, petty and ineffective."
ADP: US Private Sector Employment Increased by 163,000 Jobs in August
- smikester commented Sep 6, 2018
I could take you seriously if your post had an ounce of grammar in it.
5 World Currencies That Are Closely Tied To Commodities