Discuss iForex.com (.in, .hu)

[Magestaff]

Okay. I’m just asking to avoid some newbie mistakes that overtrust their preferable strategy and then fall down flat because of that.

 

[Talar]

Indeed rookies usually overestimate their abilities.
Couple of weeks have passed, and nothing has changed actually. Greenback continues to be pretty strong against other majors and no sooner fall down, even though it almost year by year loses its value.
Oh, wanna switch to another topic, but closely related to this one. What are your predictions on the BTC? It's tripping, isn't it?

 

[JoJozil]

Indeed rookies usually overestimate their abilities.
Couple of weeks have passed, and nothing has changed actually. Greenback continues to be pretty strong against other majors and no sooner fall down, even though it almost year by year loses its value.
Oh, wanna switch to another topic, but closely related to this one. What are your predictions on the BTC? It's tripping, isn't it?

Not really closely related, but still.
Yeah, BTC has been tripping since its first trades.
I can't imagine any other crypto that could fluctuate so much. Indeed, many of them are attached to the BTC, but anyway.
As for my prediction, then since March it gained momentum and now it recalls me of a sideways trend. But you know it depends on the timeframe you used to utilize, i.e. I check D1 and notice it.
Today see no strong buying opportunities. It'll likely fall down, but you know, it also depends on the economic and political events. They like no one other ensure uncontrolled price fluctuations.

 

[Talar]

Wow, I see you have really dug into this topic. In fact I’ve got much more information than I even hoped for. Thanks!

 

[Painskin]

The USD situation is still uncertain. Only USDJPY shows the strong desire to keep its strong bullish tendency. Other major currencies are indecisive so far.

 

[Magestaff]

What about EUR/USD then? It’s still my most tradable insturment.

 

[Painskin]

Eur/usd is really hard to read these days man. Plus the EU seems to be getting out of the inflation pit little by little. So… I can’t say anything specific

 

[Talar]

Eur/usd is really hard to read these days man. Plus the EU seems to be getting out of the inflation pit little by little. So… I can’t say anything specific

Interesting. Because as far as I can see GbpUsd is ready to fall down in the next months or so.

 

[JoJozil]

Nah. I think it will continue its bulish run with the euro.
It’s possible that the recession that we’ve all been waiting for is already over. Therefore greenback will lose its strenth further on.

 

[Goldcaster]

Apparently it’s always like that. Recession sneaks up unnoticed and then goes away the same way=)
But on a serious note, I think it’s too early to say that. We have all the central banks of the developed countries to keep their hawkish tendencies.