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The GBPUSD Trading At Level Last Seen in 1984/85. Time To Short?
Friday, September 23, 2022 - 9:51am | 391Read More...Since my last update, the GBP is down 10% against the USD, taking the price to levels last traded in 1984/1985. Why is this happening? We can all speculate and try and find meaning. What matters is that it is happening, and as investors/traders, we want to position ourselves to profit. ...
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Nadex Looks To Expand Forex Binary Expirations After Volume Doubles Year-Over-Year
Tuesday, February 18, 2014 - 1:07pm | 1376Read More...The Nadex average daily volume on contracts increased 106 percent in 2013 compared to 2012. See release HERE. Traders are realizing the benefits of trading binaries on a regulated exchange and the benefits Nadex price ladder binaries offer. Nadex already expanded its forex offerings so far in...
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Economic Outlook For The Week of January 27: How To Trade With Binary & Spread Options
Monday, January 27, 2014 - 12:28pm | 1611Read More...Major Index Moving Earnings Announcements: January 27: APPLE (NASDAQ: AAPL): Estimated Wire Release Time 4:35 PM ET January 28: Pfizer (NYSE: PFE): Estimated Wire Release Time 7:00 AM ET January 28: AT&T (NYSE: T) : Estimated Wire Release Time NA (after market close) ...
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Will USD Weaken Into The New Year | StockTwits FX
Sunday, December 27, 2009 - 11:27pm | 76Read More...Will USD Weaken Into The New Year | StockTwits FX: My article for StockTwits at the beginning of the last trading week of 2009. It presents a contrarian view to the current down trend in the GBP/USD. Although I am a long term GBP/USD bear, I also see several technical developments that point to a...
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Cable Makes New Lows To 1.6000 GBP/USD managed to make a new low...
Monday, December 21, 2009 - 7:52pm | 86Read More...Cable Makes New Lows To 1.6000 GBP/USD managed to make a new low this session at 1.6024 to start the Christmas week of trading and complete the quarter to 1.6000 large quarter point, whole number, and major psychological level. Next major ST support lies at 1.5801, the whole number preceding the...
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Holiday Gifting for GBP Bears | StockTwits FX
Monday, December 21, 2009 - 9:00am | 37Read More...Holiday Gifting for GBP Bears | StockTwits FX: I wrote this article last week and it played out today as GBP/USD completed the quarter to 1.6000 major whole number.
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Technical Analysis On GBP/USD
Thursday, November 12, 2009 - 2:25am | 125Read More...Yesterday’s fall in price breached the 50% Fibo of the larger move from 1.6260 to 1.6843. Technically, this up trend is over. I am expecting more downside with price moving to 1.65 and possibly even reverse completely to 1.6250. Fundamentally, BoE Governor King pretty much sealed the deal telling...
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Technical Analysis On GBP/USD
Tuesday, November 10, 2009 - 6:47am | 87Read More...Watch 1.6700. It sits just beyond the 50% Fibonacci retracement level of today’s slide down to 1.6600. After the tremendous drop in prices when Fitch’s threatened to downgrade the UK’s AAA rating, prices look to have found support at the 1.6600 whole number and bounced to a high of 1.6696. Price...
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Is This GBP Rally REAL?!
Tuesday, November 10, 2009 - 6:22am | 33Read More...Is This GBP Rally REAL?! StockTwits FX: My article on StockTwits discussing the rally in sterling and how long it can last.
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Deja Vu: Cable’s Been Here Before
Saturday, October 3, 2009 - 6:47pm | 44Read More...Deja Vu: Cable’s Been Here Before | StockTwits FX: In this article on StockTwits, I explain the GBP/USD and how price is very similar to price back during the summer months.
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Technical Analysis On GBP/USD
Wednesday, September 30, 2009 - 1:39pm | 147Read More...This is a progression of the daily chart during the day’s session at 9:50AM PST and I am sparked with deja vu. We have been here before (shown in the rectangle). We see what happened before (in the circle). 1.6250 will be very telling. I’m a GBP bear. Today’s reports proved disappointing...
