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Ferna replied Jun 27, 2023so you think levels from 2007 are relevant? I mean they traded with fax machines and on trading floors back then. The orderbook is empty. All the money that existed back then got eaten by the financial crisis or Michael Burry.
Cable Update (GBPUSD)
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Ferna replied Jun 27, 2023scalping long Edit: good i kept the shorts on. Longs got stopped out. Limit orders shorts active short gbp/aud
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Ferna replied Jun 27, 2023Yes it rose 20 pips, as can be expected ahead of a major economic release such as CPI. If there is a big discrepancy between expectations and the CPI, for example higher CPI than expected it may rise even more. However it is now at parity with the ...
Cable Update (GBPUSD)
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Ferna replied Jun 26, 2023This might be an issue with Central banks who might have destabilized the economy for the purpose to motivate the replacement of the old system with the new. There are underlying demographic issues in the west which is not considered, and tax ...
Basic mathematic problems for finance
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Ferna replied Jun 26, 2023CAD like GBP is right where they started, +/- 0.01% today. I'm thinking CAD/JPY cannot go any higher, there is nothing higher than 100 pips above today since 2007. And BoJ are intervening.
Cable Update (GBPUSD)
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Ferna replied Jun 26, 2023He is right about alot what he says, but these truthsayers never offer any solution.
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Ferna replied Jun 26, 2023Nice Garrick! i like the part where there is no stress. Stress is a killer.
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Ferna commented Jun 26, 2023Yeah, well their comments would actually be useful in a liberal capitalistic society. In the past rumours and mass hysteria drove the market. Self fulfillimg prophecies. How fun wouldnt that be? With everyone on board

Sterling strengthens, BOE large rate hike looms large
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Ferna replied Jun 26, 2023the transaction cause the price movement, the news set up the conditions for it.
Cable Update (GBPUSD)
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Ferna replied Jun 26, 2023Could it just be that it moves from order to order. And that the algos are to poor to move the market, but not to poor to profit from it? A bit like a Matador who steps away from the bull when it charges instead of getting impaled.
Cable Update (GBPUSD)
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Ferna replied Jun 26, 2023looks like an bearish engolfimg candle to,me. Dxy 15 min video
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Ferna replied Jun 26, 2023will Bellas support hold!!? The dollar is sent flying this is the moment oftruth
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Ferna replied Jun 26, 2023Closed all positions +20 pips. Gona hit the gym, feels like it’s gona become choppy soon and some people are gona get washed out.
Cable Update (GBPUSD)