72.52. But I'm very VERY happy. The higher oil goes, the more range it'll give me to short down to 60! It's utterly nonsensical. If oil stays above 70...economic recovery will be out the window...which will in any acse reduce demand for oil...which will in any case reduce the demand, and price, of oil! In any case, oil's heading down. Catch 22!
IPI is an acronym for the Iran-Pakistan-India gas pipeline project (not oil?)...and I believe we are talking about the same pipeline. But Pakistan will only be collecting transit revenues from Iran. Does it benefit the country in any other way?
Good call, indeed. How many times do we agree on oil's direction? :)
I believe that the market is acting irrationally/erratically...but being a true investor at heart, I tend to look AT LEAST over weekly horizons instead of daily trading. I too believe that oil should be coming down back to 68s...and subsequently to 65 and so forth.
Forget Asraf...EVEN I said that oil was heading for 65...but it didn't! But does that mean you start rubbishing everyone? Ashraf and I were talking based on MARKET ANALYSIS - technical & fundamental, respectively - which doesn't ALWAYS work! But trust me, neither he, or me, is wrong! It's the market that has gone berserk for NO apparent reason! If the market WERE INDEED to go by tech & fund analysis...then oil SHOULD have been at 65...even 60 (and you will see it will be).
I've got a better idea though. How about you set up an online forum and we all believers will migrate to your site. And if you go wrong EVEN once, you'll have to take the shellacking! And then we'll see HOW you feel?
I mean...HOW can you have the audacity to enter someone's home and routinely embarrass them?
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)
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 suspect a USD rebound...
72.52. But I'm very VERY happy. The higher oil goes, the more range it'll give me to short down to 60! It's utterly nonsensical. If oil stays above 70...economic recovery will be out the window...which will in any acse reduce demand for oil...which will in any case reduce the demand, and price, of oil! In any case, oil's heading down. Catch 22!
IPI is an acronym for the Iran-Pakistan-India gas pipeline project (not oil?)...and I believe we are talking about the same pipeline. But Pakistan will only be collecting transit revenues from Iran. Does it benefit the country in any other way?
...is that why he left NY? :p I think he chooses to reside in the country he invests in. Verily, Norway is Sweden's good neighbor. :p
Good call, indeed. How many times do we agree on oil's direction? :)
I believe that the market is acting irrationally/erratically...but being a true investor at heart, I tend to look AT LEAST over weekly horizons instead of daily trading. I too believe that oil should be coming down back to 68s...and subsequently to 65 and so forth.
Thanks again & let's wait...
With OPEC presumeably leaving output unchanged...and the API data showing a decline of 1.5 m barrels, what direction do you reckon oil would take?
Ashraf?
With OPEC presumeably leaving output unchanged...and the API data showing a decline of 1.5 m barrels, what direction do you reckon oil would take?
Ashraf?
What did you state about the pipeline in Pakistan? Are you talking about the IPI? Can you please elaborate? Thanks!
Forget Asraf...EVEN I said that oil was heading for 65...but it didn't! But does that mean you start rubbishing everyone? Ashraf and I were talking based on MARKET ANALYSIS - technical & fundamental, respectively - which doesn't ALWAYS work! But trust me, neither he, or me, is wrong! It's the market that has gone berserk for NO apparent reason! If the market WERE INDEED to go by tech & fund analysis...then oil SHOULD have been at 65...even 60 (and you will see it will be).
I've got a better idea though. How about you set up an online forum and we all believers will migrate to your site. And if you go wrong EVEN once, you'll have to take the shellacking! And then we'll see HOW you feel?
I mean...HOW can you have the audacity to enter someone's home and routinely embarrass them?
Yeah...depends on how much of this is in the black market! :p Usually, uranium and AUD have a +ve correlation...