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Very tough trading around the GBP today

AdamFx42 Posted 8 Giu in #Trader's blog #GBP #Long #Elections #Tough Trading

While I am convinced of a Tory victory in Great Britain today, trading it is hard
I went long Gbp all crosses, and short EurGbp today
I am only losing money, though
Gbp was down - I expected some glitches ahead of the election
but it is having a very tough time recovering
It is like traders will not position themselves towards a May victory
Like they are saying: ' the Gbp is going to drop'
What is this?
I expect a victory for May, as predicted - traders seem awfully carefull out there
Gbp should…

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GBP indecision time

iggy_ua Posted 6 Giu in #Trader's blog #GBP #Chart #Elections

GBP is stuck in a narrow range despite any news. The NFPs have produced more movement in other less volatile pairs, while pound has barely reacted to the news. The pending elections in the UK are the next main risk event for GBP. As usually, the pair could act against any odds with the flow of adverse news on elections. I would stay away from the currency until the dust settles. Technically GBPUSD support remains at 1.277, resistance at 1.305. The price targests in case the SR are broken would b…

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Next Month overview

Sanju777 Posted 28 Mag in #Trader's blog #GBP #Elections

In the next week have global release of the Manufacturing Purchasing Managers’ Indices (PMI) which we need to consider because it is the most important indicator of economic growth.The Services PMI will follow on 5th June, also holding important insights on the strength of world economies, industry challenges and opportunities. Then we will have the much-discussed UK general election on 8th June, which is bound to cause market volatility.

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Singapore Dollar Resumes Range-bound Trading

fxsurprise8 Posted 31 Dic as Analysis on USD/SGD, Target: 1.44744, Date: 1 di Febbraio, 12:00 GMT in #Technical analysis #USA #USD/SGD #Us Dollar #Singapore #Range Bound #Elections #Mean Reversion #Congestion #Trump Rally

The Singapore Dollar has resumed range-bound trading. On the first chart below the part in the rectangle shows the total monthly range during December. Notice how small that is compared to the previous few months. The open to close range shows an even clearer picture. Here the USD/SGD is at 151 pips during December, compared to 320 pips during November.
The uptrend in seems to be slowly losing steam.In fact during the last half of December not only has the rally slowed down, it has stopped altog…

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US elections closing in

AdamFx42 Posted 6 Nov in #Trader's blog #USA #How To Trade #Elections

With US elections closing in, I plan my strategy for trading
Here are my thoughts on the matter:
- I do not believe Trump will win
- There are so much prominent television figures opposing Trump, that most Americans will refrain/not dare to vote for him,
in fear of feeling stupidand/or rejected by society - people are being subtly brainwashed into voting Clinton
- The current (popular) president Obama supports Hilary Clinton, as do most world leaders
On election day we should, therefore, see a …

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Very tough trading around the GBP today

GBP indecision time

Next Month overview

Singapore Dollar Resumes Range-bound Trading

US elections closing in

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