[Archive!] FOREX - Trends, Forecasts and Consequences (Episode 6: August 2011) - page 166
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Where's Margaret! What happened to the pound?
Off the chain. )) On Welt-Online an article with the headline: "Investors are fleeing the British pound". If you look at the proportion of open buy and sell positions, in a circle of 50% of the crowd are in the sell, and the pound goes up like nothing happened.
In the article "The British economy is lying on the floor. Inflation is breaking all records. As investors withdraw their money, the British pound is down." So you have to ask, is the author of the article blind? ))) At this rate we are about to hit a 2009 high
... On Welt-Online, an article with the headline: 'Investors flee the British pound'.
On the pound, there is a divergence in stochastics on the H4, RSI is approaching the upper signal level - all in favour of it correcting its upward spurt in a couple or three candles.
On the EUR also a divergence on the H4 in the MACD. There is no signal to open a short position yet.
... I will not explain why the euro (and pound as well) rose so vigorously after the meeting of Merkel and Sarkozy, for the second time. Many do not want to understand, they give counter-arguments, but practice is the criterion of truth and shows which view is correct.
Never mind, tomorrow will adjust, give you a chance to reduce your losses
I don't expect any northward swings. Tomorrow, after a weak northward swing, we will go down little by little. Put a SELL LIMIT from 1.447 to TP 1.440
THE NEWS WAS FORGOTTEN AFTER TWO HOURS...
The article is probably from last week...
USA: Speech by R. Fischer
The situation is a little different in the morning. Getting ready to draw the neckline:
Put BuyLimit 1.43600, TP 1.44500, SL 1.43000
The situation is a little different in the morning. Getting ready to draw the neckline:
Put BuyLimit 1.43600, TP 1.44500, SL 1.43000
does your indicator make predictions? let me try it out))
https://www.mql5.com/ru/code/10394