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Marz30 replied Sep 1, 2016thats why you open positions after the news you can easily be on the wrong side, not even SL will save you.
Cable Update (GBPUSD)
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Marz30 replied Aug 16, 2016I'm assuming you are talking about UK CPI numbers? Inflation is bullish for a currency but it's not as easy as saying inflation = good for a currency, you need to understand the whole picture especially when you're trading the news.
Cable Update (GBPUSD)
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Marz30 replied Aug 3, 2016Agree with you here but this doesn't happen all the time. Dollar was strong today and oil rallied, dollar was weak to start the week and oil sold off. This manipulation is documented every day it happens on Zerohedge whether the FED ramps the ...
USD/CAD
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Marz30 replied Aug 3, 2016Oil up means AUD and CAD up, but Oil is up with no news and was up 4% in the US session
AUD/USD
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Marz30 replied Aug 3, 2016IMO there is too much manipulation in the oil futures market to know the direction and CAD has a positive correlation most of the time. Oil started selling off to start the off the month and was supposedly in a 'bear market' only to rally 4% in ...
USD/CAD
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Marz30 replied Aug 2, 2016There was no good GPB data even if it is better than expectations. The only reason why cable was up is because dollar weakness.
Cable Update (GBPUSD)
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Marz30 replied Aug 2, 2016High number of net shorts going into the BOE meeting.
Cable Update (GBPUSD)
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Marz30 replied Jul 29, 2016You have to fight against two forces. Dollar strength/weakness and Oil strength/weakness.
USD/CAD
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Marz30 replied Jul 29, 2016I get that, just saying certain situations which includes this one, the dollar will remain weak obviously as EU approaches 1.12
EURUSD
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Marz30 replied Jul 29, 2016It's dollar weakness, even though there was bad CAD data. It is weird that CAD even rises again non dollar crosses but that's just what it is
USD/CAD
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Marz30 replied Jul 29, 2016Why would you buy the USD when it's clearly super weak because of fundamentals
EURUSD