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 |
كيف تنخفض نسبة التضخم في بيتكوين تحت نسبة تضخم الذهب و ما يعني "صلابة" بيتكوين كعملة او إرادة؟
Bitcoin versus Miners Performance
As many of you know 2023 was kind to members of our WhatsApp Broadcast Group who snapped up shares in bitcoin miners, while 2024 has so far been more superior to Bitcoin than most of the miners...
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Your monthly cyclical analysis very usefull perspective, this is what I like about your stuff. Apologies for my earlier comments when you first posted the link, I was assuming time cycles which would have been most inappropriate for the eurusd at this particular time. Yes assumptions a dangerous thing, you were justified getting arsy with me:-)
I have just looked at your 5th Sept update charts and I still have an issue with your weekly MA's. They are way off mine and mine always agree with your colleague Michael Hewson, expect you two are using the same software. Are you sure you have at least 4 yrs data loaded for your 200 and 100 WMA's, preferably more. Or for monthly charts a minimum of 16 yrs data.
Ok, I am seeing lots of very good stuff in the premium archives for the rest of you europhiles who are too tight to subscribe :-) The $90/month can typically be covered in less than 30 mins :-) or at the very least it might avoid some hangers. Trade calls do not remotely resemble what Ashraf used to do before the paid service was launched. Gone are the days of potentially huge drawdowns on bummers. I shan't call it scalping again but let's rename it DSK trading (wam, bang, thank mam for 60 to 120 pips)
Over and out mon broz.
@giveme, same apllies to chf but perceived safe haven currencies have an ongoing problem with this which has proved impossible for their CB's to curtail. Intervention has only momentary effect and its very difficult to predict exact timing of any intervention. The answer really is to avoid these pairs or only take legitimate trade set-ups on smaller timeframes to the long side.
Japan debt is like a "bug in search of a windshield" (John Mauldin) with their economy often quoted as 2 lost decades. They have the advantage of sovereign bond sales almost entirely internal which permits very low cost of debt servicing. However the older generation of savers investing in bonds is fast dieing out and struggling to live without cashing their investments. Once this internal resource can no longer finance ever increasing sovereign debt the cost of serving that debt will start to increase. Just 1% increase in debt servicing costs will create mayhem----let alone 2,3% !
There are many things in the markets that "should not be" but I have always found it surprising how long a condition can prevail. Mkts are largely irrational through ignorance 90% of the time.
If stocks turn down again with a vengeance I shall expect gold to start "trending" up again. IF stocks moved up to make new highs (Very unlikely) the gold correlation would most likely revert back to positive with stocks. The negative correlation is likely to remain for so long as there is real fear in the mkts but during corrective periods we shall see some intra day sideways action also. Perfectly possible that gold has not finished its move down yet, just wish patterns were clearer.
On this occasion my perspective is very wooly :-)
Chloe mon, so yer trading the 60 min POT not the daily. I have a feeling we shall see the c? on my chart sent at the 45.09 ish but nothing ever goes down in a straight line. The pattern is pretty much following SPX since the 9th Aug low.
My perspective is the 12876 high will prove to be a long term high which will not be seen again for some years ahead. If true then this first 5 wave series down we are working upon is only the first minor wave 1 down in a multi year bear mkt.
Once we have what looks like a short term low in place we can make more accurate projections for the potential ending of minor wave 2 back up. Wave 3 down then follows (which again has 5 waves within). Wave 3's are always the most impulsive in any 5 wave sequence and most often they are the longest wave in a sequence.
An eventual break of the 9614 pivot low (july 2010) will validate this bearish perspective and a break of the march 2009 low would confirm. Should the mkt trash these counts by going north to exceed the 12876 high this would invalidate the current "preferred" perspective. When I say "preferred" this is based upon what the chart is currently telling us, not connected with any personal wish (perish the thought) or fundamental opinion.
When you visit forex forums full of newbs you see nothing but complaints about brokers cheating them because the spread spiked during a news announcement or they perceived that their stop was chased in very low vol conditions etc etc. When you check the data across many vendors you almost always find consistency. Likewise such forums are full of conspiracy theories that large players are out to get the small boys. Mind you I wouldn't believe any published calls from trading houses such as GS and the like.
Some MM brokers have been fined for using virtual dealer plugins to apply assymetrical slippage and such practice is illegal. This is a risk we take when using market maker platforms.
The Streettalk/Mauldin Economic Output Index
Is There a Recession in Our Future?
The Bright Side of Europes Dysfunctionality
The Treasonous Fed
http://www.johnmauldin.com/frontlinethoughts/the-recession-of-2011
Another worthwhile read from JM. Covers US and EUR banks.