Btw, thank you Mr. Laidi for giving us all a window into the global market! You analysis is purely amazing and I thank God for helping me to find you site...I wish you a deep sense of satisfaction for you and your team.
I am short G/U at the moment and it has gone against me, no doubt. So, I opened a hedge offering at GBP/CHF last week and now I'm just under B/E....which is great! If G/U heads up past 1.5381...I'll add to my long GBP/CHF position. Last weeks cb intervention on GBP/CHF was pretty amazing.
Congratulations on the short list for SHORTY AWARDS!!!! It's time to dedicate a thread on the forum to it right?!? Honestly, I think it would be wise just to get the votes rolling!!!
It's amazing to see you topping the charts as one of the finalists! We all know you work extremely hard and deserve the award - regardless of the outcome.
On a personal note, you need a bio on here too so we can come to know the man behind the mayhem. Too many fans not to have a bio (we're all dying to know your favorite movie tag line) :)
Gold weakening in volume and price...what are the fundamental catalyst that you see most affecting the price of gold right now? Better stated, If I were working for you at CMC...which intermarket patterns would you have up for studying future gold prices? :)
I think we still have a while yet before the GBP drops - I have a 1.6350/55 level on watch tonight....with the 3rd target set at 1.6400. This crazy pair is certainly taking it's time. We basically have less than 16-20 real hours till the markets closes...then we have a long weekend for US markets.
Once it drops Chloe, it's going to be a very long and fairly fast fall (relatively speaking)...it's going to fall some 600-700 pips. I see 1.5700 in scope.
I am waiting for a break of either 16310 (upside) or 16260 (downside) to enter a position. I see it going long at the start of the US session. Looks like it could be range bound until news breaks in US session. I took 2 different positions at 16275 and rode them up to 16300 for a quick 25 pips but takes forever.
Possiblity of GBP hitting 1.6310 with upside resistance at 1.6354. BOE stating that there is a possibility of a rate hike....which would drive this into the 1.6400. I am targeting this figure before the 'breakdown' of the pair. Amazing that the pair moves to a higher level BEFORE the news breaks..showing us all who's in charge :)
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)
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..
when you are losing in a trade, make the next trade even better and it improves your mood instantly and clears the clouds.
Congratulations on the short list for SHORTY AWARDS!!!! It's time to dedicate a thread on the forum to it right?!? Honestly, I think it would be wise just to get the votes rolling!!!
It's amazing to see you topping the charts as one of the finalists! We all know you work extremely hard and deserve the award - regardless of the outcome.
On a personal note, you need a bio on here too so we can come to know the man behind the mayhem. Too many fans not to have a bio (we're all dying to know your favorite movie tag line) :)
Gold weakening in volume and price...what are the fundamental catalyst that you see most affecting the price of gold right now? Better stated, If I were working for you at CMC...which intermarket patterns would you have up for studying future gold prices? :)
Once it drops Chloe, it's going to be a very long and fairly fast fall (relatively speaking)...it's going to fall some 600-700 pips. I see 1.5700 in scope.
In channel now headed for 16330.
I am waiting for a break of either 16310 (upside) or 16260 (downside) to enter a position. I see it going long at the start of the US session. Looks like it could be range bound until news breaks in US session. I took 2 different positions at 16275 and rode them up to 16300 for a quick 25 pips but takes forever.
good luck all
You ever study EW Theory? Does your other forum 'respected source' trade based off of EW theory?
Here's my groups blog: http://ewsurfreport.blogspot.com/
*** Please note to all posters - that this is NOT FIRM INFO and you should do your own analysis - EW is very tough to call on the spot!
My twitter is: @forexmajors
Forming a Descending Triangle (Consolidation right now with lower highs)...1.1650 as support - which just happens to be in line with the 100 day sma.
Weakening USD at the moment and a lot of UK news coming out in the UK session - could drive this pair higher with positive Industrial and Mfg numbers.