Posts by "pippedoff"

@chloe-if you get a chance, chec k out the stock market chart from the day. You can see the wramp-job by the PPT at 2:30 pm clear as day.

@!chloe-USDCAD made a late dash and the bid is now north of the 1.03 Big Figure! For how long, lol.

Thank you for the response Ashraf. I wasn't getting on your case, but rather replying to Desi. I know you made the video early in the week, but a lot has changed.

I guess I was asking if whatever those reasons were for the 1020 gold call were, do they still exist, or is it only down to < 1140 weekly close as a glimmer of hope?

GBP is amazing. Everyone admits this is a short-covering rally. As I've said before, short -covering consolidative rallies counter-trend to a down impulsive move can be sharp, quick, glorious and very painful for shorts. The rise is typically faster than when in an uptrend.

So far today its rallied from 1.0500 1/2 hour after NFP to a high of 1.5150 in no time. However, there is zero fundamental reason to buy GBP, so the weak shorts are getting hammered here. I am not a weak short, but I certainly feel like one.

Wsn't it just a few days ago it hit 1.4750?

@rrose-These commodity currency pairs are very difficult, right chloe?

@chloe-any chance USDCAD can retake that 1.03 big figure today? Only 8/9 pips away. Or will the PPT come in to press equities and risk even higher into the close.

Should we make anything of this pullbac k in gold, or is it just reloading?

I was able to position trade some lots of gold right after the NFP for a profit, and re-established at higher prices and now have my average up to 1133.72.