ashraf, the resistance from 2009 was also touched on jan 19 2010, looking at 2009 compared to 2010 it is similar albeit 2months shifted along, is this a good case for arguing a new head forming ? even if 16450 is breached 165 seems a very big level inthe context of 2009
ashraf, thanks for the video analysis, also we have quadruple witching hour approaching this friday, the indexes' have been incredibly quiet in tight ranges this week (so far) do you think the Japanese announcement was a timed to coincide with this? also what is your analysis of witching hour ? i remember a few years ago that after option traders got in short the month before, the markets got held up till the friday, before heading a lot lower after friday's expiries, im not saying the index's are heading lower after expiry, it's just unusual to see the markets so undecided in direction. just wonder what your view on this might be. (also is there any credance tol ECB data and US CPI m/m on friday)
sometimes all the speculation about election wins , isn't worth the effort is it? is this a great opportunity to sell $ against yen, don't get caught with your hand in the cookie jar!
appologies for posting this link here, i know ashraf has talked/followed this hft for a while now, it could be the reason the flash crash happened (probably IS the reason) FT.com / Markets - High-frequency trades earn $2.3m finehttp://bit.ly/crZLJu
finally called something right! we went to 17360 and broke higher and now holding the previous resistance level 17450 , i have a fib level intersecting at 17430 in 2 days with the new support trend line , does anybody think we could push higher from here? gbpaud still in a wedge till 176/7 becomes new support which is atleast another week (im guesstimating) anyone agree ?
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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 (1 year ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (1 year ago)
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Nasdaq100 Update
Since entering Nasdaq100 Longs on Monday at 18550, we kept accumulating and locking gains until 19230 yesterday and 19380 today.
View Hot-Chart..
i remember a few years ago that after option traders got in short the month before, the markets got held up till the friday, before heading a lot lower after friday's expiries, im not saying the index's are heading lower after expiry, it's just unusual to see the markets so undecided in direction. just wonder what your view on this might be. (also is there any credance tol ECB data and US CPI m/m on friday)
is this a great opportunity to sell $ against yen, don't get caught with your hand in the cookie jar!
FT.com / Markets - High-frequency trades earn $2.3m finehttp://bit.ly/crZLJu
http://bit.ly/seekingalphafxcftcrules
anyone agree ?