D-Rod

Adding onto my Must Know Fundamentals List..

FX_IDC:EURUSD   Euro / U.S. Dollar
609 5 28
I trade news expectations with technical & trade news release.. incredibly accurate..make tons of pips..safe & smart. Feel free 2 ask questions
Comment: With the Fed looking 2 gradually raise rates..its a good opportunity 2 look into this chart as statements & speeches are going 2 be more & more important. Let's not 4get that stuff like Brexit, a possible fall of Euro, oil demand rising along with global production starting 2 pick up is something 2 look into. Eyes out for statements
d rod i have a question. lets take a pair,say, the gbp/jpy. a bullish report for the pound is released.the pound is now stronger. is it accurate that in now takes more yen to purchase the pound,so therefore it bearish for the pair. i know that other factors could alter the relationship,but now lets trade only on this one factor.am i correct?
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D-Rod rickstolle
bearish for the pair..? ur talking about the exchange rate.. that if GBP rises against Yen.. it will need more yen to buy Gbp.. the exchange rate.. Bullish for GBP in this case
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what i mean is lets say i am trading the gbp/jpy would i expect it to decline in this senario?
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D-Rod rickstolle
if the gbp news release came out good.. then yeaa gbp jpy would be bullish.. it also depends which news.. there is a page that shows the news release that i trade & the news expectations. i can go on & on if u'd like..
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thats okay thanks
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