[Belgrade Bobby]

USDJPY The Guess 148.950 – 149.300 – is the winner of this contest getting an ice cream at least 😀

[SF Monedge]

150.45 then 147 after

[GVI Forex]

Would anyone like to make a guess at the USDJPY range overnight?

[SF Monedge]

Caught that lol

[Belgrade Bobby]

OK, successfully counted the spread on Bitcoin – it is around 1.5% – in terms of EURUSD that would be 160 pips…full pips…no pipettes

[Belgrade Bobby]

Regarding GVI posting earlier – BTC – are you holding to something …

 

Cryptocurrency CFDs
Facts
1:200 Leverage MetaTrader4/MT5
1:5 Leverage cTrader and TradingView
Trade the market 7 days a week
Long or short
FSA regulated

And the spread is…WTF….I can’t even count this…

[Mtl JP]

SF – most, but not all, newbies (I d say the sub 35-ish year crowd) who come to trade FX or crypto are lazy looking for an easy/ier way to make moolah.

Think I am wrong ?

[SF Monedge]

Jp – I am sure you are being kind

[Mtl JP]

SF 4:44pm / I’m anti-work but pro-paycheck
d’u see my dilemma ?

[GVI Forex]

EURUSD 4 Hour Chart

Note how EURUSD lost its bid and failed to hold 1.09 after its crosses turned down

1.0867 is close but yet to be tested

US yields moving up as noted earlier

I heard only 50% now expect a June rate cut by the Fed

[Belgrade Bobby]

EURUSD – nice break through that stubborn support – allow for 1.08650 –  bellow all doors are open 😀

[SF Monedge]

I called Jay at night, he helped in such a human way…GVI is strong yet sensitive.

[SF Monedge]

Nothing? Lol … ok banks work on big figures 1000 / 50 and that’s it, because they are hoping to do a good job running a ton of money.  So key figures apply.  A lot of people told me that and that Italian boy did not listen for a while…it is very simple.  I asked Jay one night after trying to trade 24/7 “why does it go that way” … Jay said “it just does.”

[SF Monedge]

Jay, I almost threw #’s out…come on guys throw out some numbers so I don’t embarrass us lol.

[GVI Forex]

BTC 4 HOIUR Chart

I heard earlier that a bank forecast BTC will hit 150,000 by the end of this year and 250,000 next year (I am only the messenger).

I am just passing it on but with forecasts like this, it will reinforce the buy-and-hold crowd unless they get forced out.

For treading levels just use magic levels like 60,000-65-000-70-000-75,000
‘
If someone knows the leverage that brokers allow on BTC, please post it.

[SF Monedge]

Thank you doctor lol….we scare people, but we tell the truth

[Belgrade Bobby]

Monedge, I never use indicators to trade per se – might check them out, but only go with the flow – so patterns within given trend.

As simple as possible – so Concur doctor 😀

[SF Monedge]

I have colleagues with a firm who trade futures.  They confirm whether Buyers or Sellers control any particular market at any given time, then trade alongside that dominant group.  They almost never miss.  If you are curious just email Jay and I will be pleased to speak with you.  Spot and futures tend to work in tandem.

[SF Monedge]

If you paid attention to my post on Chf ending the week I gave figures for Monday 3 days in advance, that missed by 2 pips.  I learned simplicity.  No extravagant indicators.  I reverse engineered every indicator.  A floor trader (Ronald Carr) tought me to use pivots.  But you calculate 3 days back, not one day.

[Mtl JP]

USDCHF 8856
–
punching through Pivot R1
10-yr 4.326 likely a helper

[Author]

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