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RCtrader replied Jul 28, 2022Yes, it's volatile, no doubt. But doesn't that make it riskier?

Cable Update (GBPUSD)
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RCtrader replied Jul 28, 2022But doesn't a day have 24 hours on both of them?

Cable Update (GBPUSD)
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RCtrader replied Jul 28, 2022You should keep an eye on eurusd too. It gave bears way more cash than gbpusd and, in my opinion, it's easier to trade. Your loss is painful no doubt.

Cable Update (GBPUSD)
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RCtrader replied Jul 28, 2022I don't understand the image you attached. What currency is your account in? Is your loss 751? Did you trade gbpusd only?
Cable Update (GBPUSD)
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RCtrader replied Jul 28, 2022If one goes 'long' then it means one opened a buy order; and so to be in profit, the price must go upwards.
EURUSD only
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RCtrader replied Jul 28, 2022The data disappoints, I'll be waiting 30 mins before I re-enter the market.
EURUSD only
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RCtrader replied Jul 28, 2022It reached the lower limit of the Bollinger Bands on H1, so it could rebound, but to me it's risky.
EURUSD only
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RCtrader replied Jul 28, 2022I don't know if anyone needs my advice, but don't buy today. It looks to me like a serious falling knife.
EURUSD only
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RCtrader replied Jul 28, 2022It needs confirmation, for example, the price moving below the day open; otherwise, the bulls will stay active.

Cable Update (GBPUSD)
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RCtrader replied Jul 27, 2022Maybe it's time for both eurusd and gbpusd to undergo a rebound. But I will keep my eyes on PA tomorrow.

Cable Update (GBPUSD)
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RCtrader replied Jul 27, 2022For the United States of America, raising interest rates by 75bps and especially to 2.50% is huge. That is unlike countries like Hungary where 2.50% is perceived as normal.
Cable Update (GBPUSD)
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RCtrader replied Jul 27, 2022Actually, the FED is not dovish today, but we will wait for Powell's press conference in about 10 mins.
Cable Update (GBPUSD)
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RCtrader replied Jul 27, 2022If the rate is under 75bps, let's say 50bps then the price is going to spike big time lol. So, I pray it won't go that way.

Cable Update (GBPUSD)
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RCtrader replied Jul 27, 2022The dip should make the price move to the day open.
Cable Update (GBPUSD)
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RCtrader replied Jul 27, 2022I expect a dip to occur during the interest rate release but after the very first minutes, anything could happen; especially during Powell speech.

Cable Update (GBPUSD)