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Posts by "pippedoff"
1087 Posts by Anonymous "pippedoff":
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..
Here's the deal. I am relatively flat as this week is VERY light on the economic calendar/ Ashraf shrewdly pointed out USDGBP only goes down on economic news, or in sympathy with something else.
With the only thing happening this week being Bernanke testimony, which will probably reiterate trying to separate FED FUNDS tightening from DISCOUNT RATE tightening, usdx is in consolidation period here.
Let the PPT, RBA and GOLDman do their things, then take advantage of it. Sounds like you have a good plan. Trying to figure out my entry points for shorting eur, kiwi, aussie, gbp and gold. Looking for USDCAD below 1.0400 again so I can go long.
Fools talking of oil in 90s. Wed will be entering the second leg of the recession here, so who in the right mind would be ADDING risk to their portfolio?
Again, all we are seeing is a short-covering rally inspired by confidence from the PPT intervention in the stock market on a daily basis. When it turns, it will get U - G- L - Y, as Mr. and Mrs. Jones will ONCE AGAIN be cuight holding the bag.
Also, gold is minting my trading accounts!
Best position is long strongest currency vs short weakest currency, therefore short euro, especially with the 200 pip consolidation in eur/gbp.
The Italioan situation will now take over to sppok markets and euro lower. GOLDman has destroyed the countries and euro with it's greed in packaging the swaps for huge commissions so these countries could mask the truth and obtain financing at lower rates and cost than should have.
usd/jpy struggling, indicating a pullback in equity markets is looming. Call the PPT!!
Your bullish talk will NOT shake me out.
The PPt did it's job of saving the U.S. stock market (temporaril;y) of further declines. Now the idiots can poor into risk like lemmings follwing the Pied Piper over the cliff.
Nikkei up 3% so far today.
WEATHERMEN ANALYSTS pounding the table for auusie, cad, kiwi, eur, gbp, gold. They say BUY, BUY, BUY.
But Friday before 11 am NYT they were crying SELL. SELL, SELL at 130 pips lower on each currency.
The WEATHER MEN ANALYSTS playing their role too perfection. Telling us which way the wind is blowing, then call for prices even firther out in THAT direction.
Gold's days are numbered. I will be shorting next week, hopefully in the mid-to-high 1120s.
Today was a wild day. I closed all mu shorts on the Fed news yesterday, including a huge Gold short. Then I watched in amazement everything get destroyed like 50/75 pips even further.
I actually went long gold at an average price of 1106 last night, with a limit to close at 1113.3. I thought I placed the limit order too high as sentiment was simply awful in Asia and Europe. Of course, at the 11 am fix, the "miracle turn around occured". First my gold was filled, then I sold my long euros at 1.3541, and cable at 1.5441 on the CPI news, and dumped aussie a bit later at 0.8951. I thought all prices would be near the hi for the day. Needless to say, I was wrong.
Today was nothing more again than short covering. Counter-trend (short covering) rallies can be more xplosive than impulsive trend moves, and we constantly see this in the trash euro and cable, and aussie too. I shorted a small position of euro and gbp in the last hour, along with gold at an average of 121.9. I closed that at around 1117.
Made very good coin today, but it was a tough day. The PPT refuses to allow stocks to be red.
By the end of the day I was reading Weathermen Analysts pounding the table on euro, claiming the worst is priced in. Oh yeah, and telling me risk was "on". Well what changed at the 11 am fix? The PPT enetered.
BTW, this volatility in gold is clearly indicative of a breakout or breakdown. It's moved like $20 hree days in a row. Folks don't know whether to buy or sell, so they chase.