EURUSD 1.1851 |
USDJPY 111.52 |
GBPUSD 1.3772 |
AUDUSD 0.7485 |
USDCAD 1.2406 |
GBPJPY 153.59 |
EURJPY 132.15 |
AUDJPY 83.48 |
CADJPY 89.86 |
Silver 26.23 |
Gold Keeps H&S Pattern الذهب يحافظ على نموذجه
كيف مفاجآة مؤشر البي أم آي أسرعت هبوط الذهب و أين تنتهي صلاحية نموذج الكتفين و الرأس؟
Strong PMI accelerated Gold's pullback & what's needed from NVIDIA, AMD & MU
Before Shorting قبل البيع
Be careful of the following factors in case you're already short Nasdaq100 or SPX500 or thinking about shorting.
View Hot-Chart..
This pair is right out of my normal comfort zone, but I'm in (late, but in).
(12 pip spread on my platform).
Considered shorting at any point down to about 1115, but I missed my window.
As I write it's 1112.1. I think I'll sit it out and see what develops.
I suspect I won't be adding any positions before the close, and of course there may be news over the weekend, so we'll see how the open goes. I'd consider 1119 again, depending on price action if/when it gets there. However, if it looks like it is going to take off towards 1134 (see IMT at February 26, 2010 16:00 GMT), then I obviously need to think again!
However, all-time lows (or longish-time lows anyway) are out of my comfort zone, and since we got into this territory, I haven't been taking the risk, preferring to wait for the next big rally. I may be wrong of course ... :-)
Yes, GBP _must_ be in a bad way ... look how well the Euro has been doing against it in the last few days....more so than against the USD I would say. Personally I'm happy to see the rallies in EUR/USD, which I am happily shorting. I still have 1.32 in my sights, or at least back to 1.34 again.
@AVG: Why is USD losing its momentum? (Well, not against the GBP it isn't, not really). Well, as others have said, it is probably people re-discovering risk appetite (or people being encouraged by the pundits to re-discover it Personally I think we are looking at a stock-market crash, or at least a bear market. It is only a question of when. But that's just my personal opinion. That should be USD-positive, but it might also end up being gold-positive as well. (Just another opinion).
However, in the intervening time, as you will see, we've had a bounce up to 1118 or so, followed by a fall to 1114-15. So if you are still wanting to short, you've got a better price now than earlier.
I have earlier shorts lower down still, and am still considering whether to add at this point or wait and see.