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 |
China's Currency Trick خدعة عُملة اليوان
China's priority to make the yuan a lending currency instead of a reserve or invoicing currency. Here is what/why it means.
Latest Charts EURGBP & Gold مخططات
Here are the latest levels in EURGBP & GOLD discussed earlier with the WhatsApp Bdcst Group.
View Hot-Chart..
arbitrage is a different game and to really benefit you need to be able to spot the gaps before others and play big positions, as these gaps close pretty quickly once others figure it out.
Shorting into strength is for deep pockets or the .....
I never enter a trade without a stop. But also never trade on such crazy days
time to go and hit the tennis courts
see u later
crazy swings all over in yen crosses - down 200 up 100 pips all within a 30 minute time frame. will not be trading till monday - as this thin volume trading looks like will continue to have wild swings and will mess up quite a few charts and eat up stops.
good luck.
If oil is at 77 or 76, then the market believes that is the right price for the time being. Your theory around weaker economies in general is not trade able for me in the short to medium term. Then one would have been short the S&P for the last 6 months
Its all relative - are we better off than 12 months back - of course things are in better shape, and I can't judge whether the current economy merits oil at 77 or 65 or 95 or 130 - and as a trader I don't really care.
Ashraf - the FTSE drop could be the start of our cyclical month end correction - as money goes off the table bfore the NFP
good luck
As per Ashraf's chart - this is normal - it is still playing in the range. If you want to play oil - u must play it both ways, just tighten your stops when price is close to range tops and bottoms.
I am just waiting for it break out of this range - will follow it whichever direction it goes.
And fundamentally - I don't think world economies are getting hammered. In fact - most are recovering nicely and oil consumption will simply go up - more so in the coming holiday season.
Good Luck.
The FTSE 100 had its largest volume day since May 7 - over 2 billion shares of the FTSE100 stocks were transacted today. The day is only marginally down, but what would you read into this ? more downside to come ?
The 5 minute period from 10.20 am saw 300million shares transacted and the FTSE100 moved just 1 point. a lot of shares got transacted without moving the market.
thanks
Vik