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 |
Gold, USD, Bonds Intermarket Trading التداول الإنترماركت
إستعمال تحليل الإنترماركت و التحليل الفني الكلاسيكي لتداول الذهب و الناسداك و السندات. شاهد هنا
Using intermarket technicals analysis to trade XAUUSD Nasdaq100 and Bonds. Watch here.
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..
Wow... 30 pips. How do you gain any money on this?
Sorry, I have been trading CHF/NOK and the spread there might be upto 200 pips..... Trying to learn from you guys, to trade some different.
Anyway, best I did was shorting an interest meeting (CHF/NOK) in late April, 60% profit in 1 hour. Went in on 5,67 and out on 5,81 with just 30 X gearing. Wished I geared 90X....
Is the post-service also gone down in USA? Maybe I need to kick some ass. Loosing my patience again...
Sure it will go higher, but still....
Sorry, I am getting unpatient, do you have any good JPY/NOK trades for me now?
:)
Can you guys tell me abit of your "gearing", how much do you go in with and how much is your max S/L's these times?
Just curious...
Where do you see he market to go now? I was abit suprised how much the SnP gained tonight. Is it a bull-trap?
Ashraf, you had some predictions of bounce in DOW before further fall, where do you see it next week?
Asad, buying gas? Now? So I guess you are not bearish in towards the market now?
I don't know much about gas prices, sorry...
Risk aversion hits NOK more than GBP cause NOK is a much smaller currency. Simple as that.
GBP is still one of the Major currencies in the world, but NOK is an "exotic" currency, same as SEK and other small countries.
Don't think that Norway is not struggling in these times, our financial minister want to keep the NOK low for some time, this to protect export business from a strong NOK.
Saudi Oil Kingdom Resisting Renewables
Review by Sterling D. Allan
Dec. 21, 2008
On Dec. 7, 2008, 60 Minutes ran a documentary showing on-the-scene interviews between Lesley Stahl of CBS News and several oil sheiks and managers in Saudi Arabia, as well as some of their very impressive new oil production infrastructure.
The documentary addresses recent oil price fluctuations and the instability it creates for the Saudi government. It costs them only $2/barrel to produce their crude oil. The rest is used to run their country. They need at least $55/barrel to do that, so when oil drops below that point, they get nervous.
http://peswiki.com/index.php/Video:_The_Oil_Kingdom_special_by_60_Minutes_on_12/7/08
Saudi have mainly no tax, school is for free and so many other advantages for people living there. Norway is like a developing country compared to Saudi.
They are full of money!!!!!
Total costs up to the loading of the crude oils for export, including Saudi Aramco's administrative costs, piping and terminalling, are now said to average about $2.80/b, up from less than $2.50/b in 1993. Costs were reduced as a result of reorganisation and cost-cutting measures (see background in Vol. 61, OMT No. 14)
http://goliath.ecnext.com/coms2/gi_0199-4763932/SAUDI-ARABIA-Producing-Oil-Costs.html
The official numbers you get is bollocks. If it was true that we needed 60 dollar to "break even" then the oil prize would be much much higher.
Remember that prize of oil was regulated before, now it is not. Speculators market, totally!!!!
Where does the money go? Well, there are allot of people out there, earning money of not doing "fuck all", so if that is included in the cost of oil production.... then it might be 10 times as high as my numbers....
Look at 60 minutes, an interview with the richest oil-sheik in Saudi, he said he don't care so much about the oil prize as long as it was over 2,5 dollar. Saudi have 1/5 of all the oil resources in the world.
The cost of a wellhead in Saudi:http://www.encyclopedia.com/doc/1G1-57398434.html
I don't understand were this 60 dollar number of getting even comes in.... It seems redicilous high!
Opec is one of the biggest "Mafioso" in the world. They manipulate what they want.
However, it was speculaters with enormous cash-flow that "kicked" the prize so high last Year, July.
The prize is heading lower, but I am sure that in the future we will see the same redicolous prize again...
http://www.nwotruth.com/60-minutes-did-speculation-fuel-oil-price-swings/
I work as an field Engineer in Norway (oil.business). After having checked some "break-even" prizes on internet I am shocked, it can't be true... So high! And the media gives a big variations in this estimate.. I think it is quite bullshit. I remember in 1998, for Saudi Arabia it costed them 2-2,5 dollar to produce 1 barrel and at the same time the cost was 10 dollar in Norway.
These prize predictions must be manipulated.
Qin, 60 dollar to break even? Come on....
It shows that there is allot of cost "baked" into these estimates. It is all rubbish. I don't beleive half of it. It must be manipulated! Oil companies are making money no matter how the the oil prize is. It is the service-sector that get hammered everytime..... Low prize contracts. Same same every fucking crisis...
Asad,
yes, I see 50 dollar sooner or later. 150 dollar last year is not a benchmark, that prize was peaking cause of speculation, 25 dollar gain in one day (look at 60 minutes).
If we see 150 dollar again, then we will for sure have another crisis....