Why did cable head higher yesterday?We're simply looking at the difference between two stimulus regimes.
With the BoE indicating that there would be a cap to stimulus, whilst the Fed earlier last week pretty much took a 'whatever it takes' stance, the longer term differential in narrative was created.
Whether that sustains is a different story, since context can change rapidly, but intraday, those comments let to higher UK yields which creates an implied appreciation in cable.
Community ideas
EURJPY TRADE IDEA - Looking for Second OpinionsHello Traders,
This morning I'm looking at a possible short selling opportunity with EURJPY but I would like everyone's input. I'm trying to establish if this is a decent risk to reward sell trade. I know the odds of the trade are more likely in my favor but I'm wondering if I should increase my target or even execute this trade at all.
Let me know what you guys think.
Thanks in advance.
Regards,
Michael Harding
New Pine Updates - Line.get_price(), label styles and much moreHello,
This video idea covers some of the big updates added to Pine and TradingView over the last several days. Most importantly, I show you how to use the following new features:
- line.get_price() - a function used to get the price of a line object on the chart at a specific bar value
- label styles - how to use the new styles added into Pine for your labels
I also discuss some other new features such as:
- label tooltips
- the addition of Candlestick patterns as built-in indicators on the platform
- syminfo.basecurrency
- timezone parameter when getting a bar's time
Thank you!
