PirateRadio
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Posts posted by PirateRadio
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11 minutes ago, MongiIG said:
Thanks for sharing @RomPathsSwap
Is it time to buy AUS200 at those levels or you still see some downside ?
All the best - MongiIG
It's for the first time in months when fell below the last support, there must be something that I am missing, perhaps crude Oil price is the key!
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5 minutes ago, MongiIG said:
Thanks for sharing @RomPathsSwap
What type of reversal patterns do you analyse ?
Head and Shoulders & Inverse Head and Shoulders.
Double Tops and Bottoms.
Triple Tops and Bottoms.All the best
MongiIG
Nothing formed at this time, just physics laws
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2 hours ago, MongiIG said:
Thanks for sharing!
Where to for GBP/CAD as UK Prime Minister faces vote of no confidence?
All the best - MongiIG
Hi @MongilG
As a trader and investor, I personally prefer to be driven by volume and and other technical indicators rather than try to anticipate the market maker move which also sets the trend based on financial info instead of...political sentiments, I wish I would have been able to provide you an answer or expand the subject, unfortunately in my opinion there isn't anyone to be judged as individual, there'll always be others around with the capacity and even duty to correct and revise wrong decisions, on the other side Conspiration Theory has always been a success amongst people, good examples are the tales and stories, they might or might not be fictive, however the most successful are those that contain uncertainty, suspense and unexpected finals.
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On 03/06/2022 at 09:12, MongiIG said:
Kamal Sharma, a foreign exchange strategist based in London said: “Sterling's fall from grace has been epic given last year's euphoria and in many ways has caught the investor community by surprise.
“This has resulted in a confusing communication strategy: hiking rates against a sharply slowing economy is never a good look for any currency.”
The Bank of England continuing to hike interest rates won’t be enough to rescue the pound, strategist Kamal Sharma said in a note.
The pound has been on a steady decline since June 2021 versus the dollar.
Is ‘Politicization of policy’ undermining the pound and is the pound the third-worst performing major currency this year ?
Has the European migration back triggered the pound fall? Did Brexit come to late? Is the current migration, labour needs, integration and sentiments just a few factors that balances major FX pairs? There will be times when places will end the constructions started decades ago and other places will still be under reconstructions for many years ahead leading to a possible zero rate of unemployment, is it known the bottom while the movement and markets movement are influenced by negative news?
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It looks like Oil price just reached its peak twice within a 30 days frame showing a relaxed movement, indicating a possible trend change starting next week with the 1st price target at 11500 – 11485. Enjoy your weekend!
Not a financial advice, just a personal analyse and visual interpretation of a related plan/ chart!
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Broke through 1st support level @1774 and closed below confirming the downtrend started last week, a rebound and a possible long-term opportunity may arise soon with an entry @15688, stop @15572, limit1 @15800, limit2 @15960, limit3 @16175 (likely to form an inverted head and shoulder pattern once it reaches the last support level presented on this chart)
Fibonacci retracement was also used for analysing the GBP/CAD trend on a 1d, 4h and 1h charts. Not a financial advice, just a personal analyse and visual interpretation of a related plan/ chart!
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Do you see any price movement correlation with the period of 1998 - 2000 influenced by the Yugoslavia and NATO as main protagonists?
Thanks!
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20 hours ago, MongiIG said:
Hi @MongiIG,
It was a simple speculation, not a financial advice or forecasting the trend, as far as I know Economic Calendar revises the events and economic records and on very rare occasions brings in the present facts forecasting the day of announcements in charts which randomly can be discovered in the past, the investment decisions may or may not be right until next announcements , as investor and trader I try my best to stay focused on charts, while others on volume, it is worthy challenging own brains in a personal manner, instead of being influenced by others' activity and jobs :).
Thank you
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Euro Zone has been influenced by external factors that became catalysts everyday; under the present circumstances EUR has a real potential moving tightly with several commodities and indices until Europe gets back on its initial path and definitions: EUR/USD: it tests the support @ 1.0634, heads up to 1.06589 then...let's see what...METEO... says :)...200 PIPS at once (GBP/CAD, GBP/CHF)
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That's what you get! Both as an intro, all the rest expands your knowledge! For share dealing: Share Dealing | Buy and Sell Shares with Zero Commission on Stockbroking | IG UK
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Hi,
I have been trading for over 4 years yet, from time to time use to do a rigorous homework for one shot opportunity, being new on IG which claims to be the oldest trading platform, I decided to ask a question that cannot be found anywhere else on the web:
What makes the difference investing or trading in an ISA account instead of Spread bet or CFD and vice versa, same analysis, same charts, same indicators, one shot with double fee on entry/ exit versus spread/ margins, daily fees and higher risk?
Looking forward to start from here!
Aus200 short term/ intraday opportunity
in Indices and Macro Events
Posted
There's a difference between carbon neutral and oil neutral, Oil has been driving economies for more than 100 years...I only gather information that I need, (economic calendar), the companies may change in Asx 200, like Ftse 100 and all the others...