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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 |
Pre Core PCE & Monthly Gold الذهب و نموذج 4 خطوات
;
قام الذهب باحترام نفس النموذج الشهري 8 مرات خلال آخر 17 سنة. شاهد الفيديو الكامل
Gold has repeated this monthly pattern 8 times over the past 17 years. Watch now.
If things were as good as the Aussie's want you to believe, usd/jpy would be screaming higher. Yet it trades at session lows.
Picked up first lots of usd/cad at 1.0581, with bids layered down to 1.0523.
I'm taking advantage over the euphoria of the Aussie cookd numbers. Reality will set in shortly (within 1-3 days).
It's gapped up three times already in two hours. guess the world's problems are solved by a country (Australia) whom has been known in the past two post "inconsistent" numbers to support their currency.
What a shorting opportunity on Aussie!
Exactly, consolidate the 82-73 move, then move lower. Lower is positive for usd/cad pair.
However, the one caveat is the economy/deficit of Canada is in better shape that the U.S., but this is more of a medium to long term story.
In the short term, usd/cad will move with oil, and what would cause oil to go up? Not lower stck prices and tightening in China.
So euro remains bid, while sterling has a soft tone to it.
Remember, things change quickly..
When get frustrated, what I do is refrain from placing market orders as these are usually done on emotion (chasing). Try getting a way for a few hours, using only limits and stops. This cuts out the emotion.
Also, read the "tea leaves" as to what Ashraf is saying. Like my eur/gbp position. Both currencies are trash, however one has to be worse than the other, lol. Goldman Sachs has been bidding eur/gbp all week to frontrun the Summit they knew about before mostothers knew. I can only suspect eur.gbp will remain bid until up-to the Summut, then it will reverse as the eur gets sold again.
BTW, listen to Ashraf's latest youtube. He talks of additional tightening from the Chinese. This will adversely effect gold, aussie, kiwi and cad, and may be the catalyst we are looking for in usd.cad.
I don;t like to establish new positions this close to the US equity close (1-1/2 hours), especially shorting any of the "carry trade" pairs as today (Wednesday in No America) there is a three-day rollover interest rate differential premium at 5 pm NYT and the aussie et al have been known to run up leading into this.
I am basically flat except for a small short position in eur.gbp (which is underwater). I am waiting for the reults from tomorrows Summit before I open new positions.
Since I do not monitor FX 24 hours a day, I have placing sell orders for euro, aussie and gold just below yesterday's highs for those pairs and gold.
@asad-my VIX forecast is based on historical moves and VIX peaks based on past market selloffs.
BTW, i see where GOLDman Sachs comes out TODAY and states Greece deficit 16% of GDP, and claims there were "stunning" revisions to deficit in December.
GS is full of you know what-they are the ones who helped Greece hide it all: www.spiegel.de/international/europe/0,1518,676634,00.html
They are trying to wash their hands of their deceiptful activity and mess they created, all for their exceedingly high commissions they ripped off the Greece banks for.
After bidding eur/gbp for four straight days. it is time for GS to offer it again.
Vix 39
Oil 64
by mid-March