it amazes me how ANY poor U.S. Data is immediately forgiven as "weather-related". Folks just DON;T get it, there AINT no recovery. But Mr. and Mrs. Jones MUST be deceived into thinking things are improving, hence the "weather-related" sham to get them to pour their hard-earned coin into the Ponzi-Scheme House-Of-Cards U.S. stock market.
WEATHER-RELATED. In the summer will they say it was "too hot and humid"?
@chloe-I also have put on a very small USDCAD long here at 1.0480. I am waiting for the dust to settle, plus I believe their will be an Aussie-led risk rally at some point in the next 24-hours.
I closed my original USDCAD at 1.0448 about 1-1/2 hours ago pre-Cad GDP. I siclosed it here or on another forum thread at thew time, along with closing some short gold on a position trade.
@mont-were they saying that in the 90s when you could have had Gold for $250 an ounce ALL decade?
It amazes me how many GOLDBUGS there are now. Not that I am long term bearish on Gold, but where were these fools at $250/$900. They were laughing at Gold and buying their precious equities and real estate.
@spec-you've been all over, and correct, on the euro and cable calls. I am hoping for a relief consolidation rally in cable over 1.50/1.51. In the meantime, I am short EURGBP to take advantage.
I position-traded some short Gold and closed at 1113.0. I am a bit weary of the CAD GDP numbers, and of course Aussie will be ram-rodded into RBA at some point today.
Plus, GBP was crushed for 500 pips today ALONE. There should be some consolidation before the next shoe falls. Will it be the PIGGIE EURO or TRASH CABLE?
I will be shorfting Aussie pre-RBA if gets into the high 0.90z pre-RBA. Othwerwise I will wait to post-RBA to short the Overvalued Aussie! It's amazing how the Yield Ho'z in this nworld buy, buy, buy Aussie for the yield, regardless of the potential; for a HUGE decline. I guess that 3.25% yield differential will protect them from 10/15% losses, lol!
amazing ain't it? They run out of GBPUSD to buy EURUSD. Now soon they will run out of EURUSD as the other Piggies start to roost one-by-one (and the extent of the Goldman Commission-Generating Swaps becomes exposed) back into GBPUSD. This is the beauty of EURGBP pair.
I learned the ways of EURGBP THE hard-way back in January when GOLDman was frontrunning GBPUSD by beating down EURGBP for two weeks before they issued their BLATANT trash bullish report on GBPUSD in January at 1.6450.
i WAS very SUSPICIOUS WHEN eurgbp was gapped up big-time on the open this sweek. Of course we all know in FV these gaps have their ways of being closed.
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)
WEATHER-RELATED. In the summer will they say it was "too hot and humid"?
I closed my original USDCAD at 1.0448 about 1-1/2 hours ago pre-Cad GDP. I siclosed it here or on another forum thread at thew time, along with closing some short gold on a position trade.
It amazes me how many GOLDBUGS there are now. Not that I am long term bearish on Gold, but where were these fools at $250/$900. They were laughing at Gold and buying their precious equities and real estate.
Plus, GBP was crushed for 500 pips today ALONE. There should be some consolidation before the next shoe falls. Will it be the PIGGIE EURO or TRASH CABLE?
I will be shorfting Aussie pre-RBA if gets into the high 0.90z pre-RBA. Othwerwise I will wait to post-RBA to short the Overvalued Aussie! It's amazing how the Yield Ho'z in this nworld buy, buy, buy Aussie for the yield, regardless of the potential; for a HUGE decline. I guess that 3.25% yield differential will protect them from 10/15% losses, lol!
I learned the ways of EURGBP THE hard-way back in January when GOLDman was frontrunning GBPUSD by beating down EURGBP for two weeks before they issued their BLATANT trash bullish report on GBPUSD in January at 1.6450.
i WAS very SUSPICIOUS WHEN eurgbp was gapped up big-time on the open this sweek. Of course we all know in FV these gaps have their ways of being closed.