Hi Spec / FXHandler: Theres a really interesting interview with Marc Faber on Bloomberg from friday where he talks about the Dollar and the stock market rally.
FXHandler. :) Appreciated your feedback thanks. Just getting a poll. I have some skin in the game. Curious. How you see the upcoming election affecting NOK? A change in leadership may open up new areas in the north to oil drilling?
I saw your Cantos presentation on EURGBP which is good as im currently long this pair. I'd appreciate your thought on how you see GBPNOK going for the rest of the year. Its a volatile pair and i have had a face peel a couple of times with it.
For those who actually know what they are talking about, keep on posting as you make positive contributions to this forum. For those who have huge opinions on the subjects but don't really know what they are talking about please keep remarks down to a minimum.
Greetz again. Thanks for the reply. Curious. Why does risk aversion hurt NOK more then GBP?
"Norway has a way better future than UK, GBP will loose more steam against NOK in the future. But right now, mid-term, the NOK is such a small currency, risk aversion is working against it, so is oil. I would be carefull shorting GBP/NOK now.... Very long term I see GBP/NOK at around 9,2..."
Disclosure: I have just been shaken out of my short position on this trade.
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)
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-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)
إستعمال تحليل الإنترماركت والتحليل الفني الكلاسيكي لتداول الذهب و الناسداك و السندات. شاهد هنا
Using intermarket technicals analysis to trade XAUUSD Nasdaq100 and Bonds.Watch here.
Latest Hot-Chart - May 16
Dax 200 DMA Deviation
You remember we went short Dax40 in late March based on the 13% 200 DMA extension, which gave us at least a 500-pt gain.
View Hot-Chart..
I think MIKE SHEDLOCK trumps Marc Faber on doom and gloom. :)
Steven
S
I saw your Cantos presentation on EURGBP which is good as im currently long this pair. I'd appreciate your thought on how you see GBPNOK going for the rest of the year. Its a volatile pair and i have had a face peel a couple of times with it.
Thanks again Ashraf
Steven
Best
Steven
For those who actually know what they are talking about, keep on posting as you make positive contributions to this forum. For those who have huge opinions on the subjects but don't really know what they are talking about please keep remarks down to a minimum.
Good luck all.
Greetz again. Thanks for the reply. Curious. Why does risk aversion hurt NOK more then GBP?
"Norway has a way better future than UK, GBP will loose more steam against NOK in the future. But right now, mid-term, the NOK is such a small currency, risk aversion is working against it, so is oil. I would be carefull shorting GBP/NOK now.... Very long term I see GBP/NOK at around 9,2..."
Disclosure: I have just been shaken out of my short position on this trade.
Thanks
Steven