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- Baggi replied Dec 16, 2013
I wonder if we will see a lot of sideways trading this week until the Fed Tapers, or not. I think the forex markets are so expecting a Taper at this point, that the dollar will strengthen if the Fed does taper, but not nearly as much as it will ...
Cable Update (GBPUSD)
- Baggi replied Dec 16, 2013
What happens after a bull diamond reversal hits its target? Back to the downtrend?
Cable Update (GBPUSD)
- Baggi replied Dec 15, 2013
Well, here we go with another weeks of ups and downs. In two weeks I went up about $700.00 in this pair. And then last week I went down about $800.00. Bah!
Cable Update (GBPUSD)
- Baggi commented Dec 12, 2013
The markets are expecting a Taper, which is why we've had a sell off. Either that, or the markets are just spooked and we'll have a huge rally next week.
Taper Or No Taper - What The FOMC Has Really Said
- Baggi replied Dec 12, 2013
Wow! Very nice. We all wish we could close out 148 pip trades a few times a month.
Cable Update (GBPUSD)
- Baggi replied Dec 12, 2013
I saw a headline today in my Email that said, "36 US cities dump the dollar". I went looking for the story thinking it must be bogus and couldn't find a source I trust to verify it. Anyone hear this story or able to find a reliable source on it?
Cable Update (GBPUSD)
- Baggi replied Dec 12, 2013
Once we show a bottom here and stop falling I intend to double my buy position. I'm hoping to pick it up around 6330 and we don't get all the way down to 6290.
Cable Update (GBPUSD)
- Baggi replied Dec 12, 2013
That's two successful trades now. Very interesting.
Cable Update (GBPUSD)
- Baggi replied Dec 11, 2013
Three four hour candles look like complete indecision and the current one is looking like it might form a hammer.
Cable Update (GBPUSD)
- Baggi commented Dec 11, 2013
He's got nothing on the scam that is Obamacare.
Five things you didn't know about Bernie Madoff's epic scam
- Baggi replied Dec 11, 2013
I'm going to be buying back in too. Took a small position at 389 and if it drops back down to 340 i'll add more. Just wish my position hadn't sold off this morning. Grrrrrr
Cable Update (GBPUSD)
- Baggi replied Dec 11, 2013
Sometimes I really think the world targets my stops. See that long red whick candle on the 1h chart? The bottom of the whick was my stop. That's right, I sold at the bottom. I'm really starting to consider trading without any stops.
Cable Update (GBPUSD)
- Baggi replied Dec 11, 2013
Ugh. What a morning. Took out all my profits from the last few days. Bah.
Cable Update (GBPUSD)
- Baggi commented Dec 10, 2013
"And some say the government isn’t doing much to help." The American Dream requires government help? This isn't going to end well.
Americans Say Dream Fading as Income Gap Shows Unequal Chances
- Baggi commented Dec 10, 2013
"the globe is overpopulated" As an aside, I did an interesting experiment one night wondering about global overpopulation. I used Wikipedia as my source. New York City: 302 square miles. Population: 8.3 million people. In New York City we have ...
The US Is In Its Strongest Economic Position In 20 Years
- Baggi commented Dec 10, 2013
Why is it always a "new era of cooperation" when Republicans cave and Democrats get what they want? Stupid. Guess what, this budget gets rid of the sequester cuts that Republicans and Conservatives like so much. It also pulls the old Democrat trick ...
U.S. budget deal could usher in new era of cooperation
- Baggi commented Dec 10, 2013
Wow, strongest economic position in 20 years and we have a 7% unemployment rate. Plus we have the highest percentage of people out of the workforce in 40 years. If we could just get everyone unemployed, maybe we could have the strongest economic ...
The US Is In Its Strongest Economic Position In 20 Years
- Baggi replied Dec 10, 2013
I thought so as well. Got spooked by a commenter here who said he had inside information that this pair was going to be heavily shorted starting yesterday. Sold my long for a good profit and went short. Woke up this morning, sold my short after ...
Cable Update (GBPUSD)