If one is looking at a weekly chart and calling a breakout, don't you need to wait till the end of the week to see where the price closes? Besides, ever hear of a false breakout?
Really sorry, but the inverted scale confused me a little...it's probably a stupid question.
Would you please clarify how one should decipher the Yen net longs/shorts chart? Does this chart say that net longs outnumber the shorts and Yen is slated for more weakness? USDJPY will go lower or higher?
Looks like we have had the ideal bounce in this to consider shorting. I may take a reasonable position here around 1.2950 since bulls are not relenting yet; I am putting a wide stop as this pair looks to test 1.3000 IMHO.
@ Pipster: After looking at the daily chart and reading Ashraf's own comments, it seems the AUDNZD might take quite a bit of time to turn around. Do you plan to hold your short for a week or more?
Question @Pippedoff: Remember when the rats were pumping up Cable and took it to overbought status inside of a few weeks? Do you think the reverse is now true of them dumping Cable?
Gosh darnit, just when I think about shorting eurgbp the Gold-crew mucks it up for me. If I go long, they'll pull the rug from underneath it and just when I short they'll push it another 100 pips higher. I give up!
WTF? EURGBP gaps higher and stays near 0.9000. What is propping this POS up. Just when you think it's getting toppy it goes higher. This market is so rigged!
These Gold-man rats were also bullish on the GBPUSD when it was at 1.6900. In other words, we'll make money if we just do the exact opposite of what they say is right at the time. Wish I knew this earlier.
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(11 months ago)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7(11 months ago)
-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo(11 months ago)
ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (11 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (11 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (11 months ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(11 months ago)
إستعمال تحليل الإنترماركت والتحليل الفني الكلاسيكي لتداول الذهب و الناسداك و السندات. شاهد هنا
Using intermarket technicals analysis to trade XAUUSD Nasdaq100 and Bonds.Watch here.
Latest Hot-Chart - May 16
Dax 200 DMA Deviation
You remember we went short Dax40 in late March based on the 13% 200 DMA extension, which gave us at least a 500-pt gain.
View Hot-Chart..
Really sorry, but the inverted scale confused me a little...it's probably a stupid question.
Would you please clarify how one should decipher the Yen net longs/shorts chart? Does this chart say that net longs outnumber the shorts and Yen is slated for more weakness? USDJPY will go lower or higher?
Appreciate your comments.
Peggy.
Looks like we have had the ideal bounce in this to consider shorting. I may take a reasonable position here around 1.2950 since bulls are not relenting yet; I am putting a wide stop as this pair looks to test 1.3000 IMHO.
Is there any reason here to go long?
USDCAD's nose dive surprised me a little too. are you looking to long or short it from these present levels near 1.0400??