Can ANYONE comment to the action of the CHF? I keep getting burned going short it (USD, GBP, AUD). It's like the anti-currency - when things appreciate against others, they seem to depreciate against the CHF. I can't figure it out at all.
Just an FYI - quite late to mention...but I use Gain (forex.com) and I didn't get stopped out of the GBP/NZD trade (I think the day of the RBNZ decision) - I can't recall the high, but I'm pretty sure it was about 30-40 pips below the stop. I've held it since and am well in the green. Perhaps question your broker or change to another if you were stopped out. Seems like quite the difference....
GBP/CAD is the question?? It's been on a tear, but seeing that UK will probably be first to raise rates and CAD, who knows when (maybe before ECB, but one of the last regardless). I'm thinking it may just continue. 2.05/6 may be a barrier, and if Fed is dovish, oil may go up, along with CAD causing a drop in the pair, but that may be very temporary.
I got in EUR/AUD short at 1.43 - do you still see 1.3520 printing as you mentioned on City Index in early September? I'd love to just let it ride...who wouldn't I guess.
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(10 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(10 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(10 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 (10 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (10 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (10 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(10 months ago)
How bitcoin halvingreduces bitcoin inflation below that of gold and how its "hardness" can beat every other asset & currency over time. Watch here.
كيف تنخفض نسبة التضخم في بيتكوين تحت نسبة تضخم الذهب و ما يعني "صلابة" بيتكوين كعملة او إرادة؟
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Bitcoin versus Miners Performance
As many of you know 2023 was kind to members of our WhatsApp Broadcast Group who snapped up shares in bitcoin miners, while 2024 has so far been more superior to Bitcoin than most of the miners...
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Thanks,
Rob
Just an FYI - quite late to mention...but I use Gain (forex.com) and I didn't get stopped out of the GBP/NZD trade (I think the day of the RBNZ decision) - I can't recall the high, but I'm pretty sure it was about 30-40 pips below the stop. I've held it since and am well in the green. Perhaps question your broker or change to another if you were stopped out. Seems like quite the difference....
Happy trading and holidays all!
Rob
Any thoughts?
Happy trading.
Rob
It's a volatile one as you probably know...
Thanks
I got in EUR/AUD short at 1.43 - do you still see 1.3520 printing as you mentioned on City Index in early September? I'd love to just let it ride...who wouldn't I guess.
Thanks,
Rob
One question - how is what you're doing with Hamzei Analytics different than your Premium insights?
Thanks,
Rob
Doing great with the premiums, minus GBP/USD...anyway
Any USD/CAD premiums on the radar?
-Closed above Daily/Weekly downtrend from March.
-Closed above 55DayMA - albeit 200DayMA is right above at 1.0830
-Closed above 200monthMA
Am I crazy to see 1.1080 in about 2-3 months?
Not sure your take on the fundamentals, or technicals for that matter.
Thanks!