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10/06/21 10:53
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Posts
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Look Ahead to 6/6/23: RBA interest rate decision; UK retail sales; British American Tobacco Australia’s central bank is likely to keep rates at 3.85% in June, but may raise again soon as inflation remains uncomfortably high. More data is likely to show cost of living pressures continue to weigh on the British consumer. Plus, watch out for consumption trends and earnings from British American Tobacco. Angeline Ong | Presenter, Analyst and Content Editor, London | Publication date: Monday 05 June 2023
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We would like to go short silver for technical reasons and do so at $23.58 with a stop-loss at $24.03 and a downside target at $22.15. Axel Rudolph FSTA | Senior Financial Analyst, London | Publication date: Monday 05 June 2023
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Charting the Markets: 05 June Indices remain bid amid risk-on sentiment. EUR/USD, GBP/USD resume their descents on greenback strength while EUR/GBP rallies. And Gold prices fall back and oil prices rally, while live cattle prices sit at a record high. Axel Rudolph FSTA | Senior Financial Analyst, London | Publication date: Monday 05 June 2023 This is here for you to catch up but if you have any ideas on markets or events you want us to relay to the TV team we’re more than happy to.
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Question
EMDE
What does everyone do when it comes to placing a trade and the charts ain't running in correlation with each other... for example if im trading an fx pair i look at the chart before say D1 then come back to the H4 chart, but what do yous do when when the d1 is showing oversold/about to make its way up while the h4 charts about to make it's way down... normally with the h4 if the day charts moving up and the h4 is already up it'll stay up or have a slight drop and move back up and to make it more annoying it'll probably be a down trend so if you buy it's gonna be short lived..out of this you could say go long as the day charts moving up.. but I'm not really a day chart person and because of this i find myself stuck on a place to enter and if they're playing games like this i just end up sitting on the sidelines and not trading, what do yous do in this situation?
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