Pound is on fire again as US stocks gap higher on news of Federal Reserve Bound buying also known as QE forever
Language is a little rough but still best Investment advise ever
Ha! Thanks for sharing, Dennis. QE FOREVER!
Jumped in a little this past month and now regret it haha. Wish I waited for a clearer signal but this is where FOMO takes you.
As I wait for FXCM to finish their weekend maintenance on Trading Station here is a YTD look at Yen pairs, as you can see the Canadian dollar is the strongest currency this year, but if last weeks rally continues we could see a few more go positive
Ngula Kalili called it and we got our explosion, if you bought GBPJPY after Thursday’s close you were up over 350pips on Friday. now lets see if there is any continuation this week
Today was nothing more than a weak pullback following a big move
one day pullback and we are off to races again, What can I say but SW called another winning trade
500 pips in just 3-days , now that is more like it
Of all chart TA features, trends scare traders the most. What are they thinking?
More gains for Top Trade GBPJPY
They have a roullet wheel mentality, they think just because red numbers have come up 3 times in a row the next spin must be black. They apply that thinking to trading and want to short things moving up and buy things moving down. Their thinking is backwards
GBPJPY up another 100+, this trade is living up to its nickname " Riding the Dragon"
does this strategy apply in metals, crypto and stocks?
for those markets I like trading in the direction of the long term trend and buying the dips, Semicondutors is the top sector this year, up over 40% YTD, you can see how buying the dip would have made you a lot of money
A great week for you Dragon players, even if you waited until Monday’s pullback to get in on Top Trade GBPJPY you would be up about 400 pips right now. That is a great weeks work
dennis, name of the website, I forget and didnt found in bookmark.
Still swimming in Profits
The beginner's guide to FX trading