@fxhandler I still maintain my bullish eur stance, all it takes is ECB or EU intervention and all the technicals and models go out of the window and all the levered shorts will get squeezed like fresh juice...I have full faith my sept calls will be ITM
@Catnip your comment at 19:38 y/day made me laugh loud....
"Its always the same game. They wait for an ultra rich idiot get him in a trap and rob him and its legal. Recently they met an orderly arranged pack of rich idiots right here in Eurozone."
It's so true, when I joined that aforementioned institution, the head of equities in London told us to be "Long term greedy" in our outlook to our clients...i.e fatten them up with a few trades and some "colour" as they like to call it...and at the right time bring the fat calf to slaughter!!
conspiracy theorists friend ( he supports the UKIP political party in England, right wing nuts) of mine reckons this whole European sovereign crisis has been caused by the authorities to further their objective of a European super state with closer fiscal and monetary union all being monitored from Berlin
@14raj you are in good company the level of shorts in eurusd are at a all time high (since collapse of Lehmans)...that it just cannot keep going lower, there will def be a re-tracement...remember supporting measures by the EU & ECB cannot be ruled out or modelled and could blow up a lot of highly levered shorts
Hey Catnip - Copper seems to have dropped below it's 200 day MA...If it still holds it's Dr Copper predictive properties that cannot be a good indicator for the commodities complex...
@Lucky I only pay CL thru options, find the futures too be too volatile and manipulated by the large players on the street and the specialist prop shops. I liked your point on the Gold Oil ratio...something has to give there...lets hope it's Gold so my OTM puts can pay off
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(1 year 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(1 year 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(1 year 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 (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)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (1 year 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(1 year ago)
قام الذهب باحترام نفس النموذج الشهري 8 مرات خلال آخر 17 سنة. شاهد الفيديو الكامل
Gold has repeated this monthly pattern 8 times over the past 17 years.Watch now.
Latest Hot-Chart - Jun 26
Bitcoin vs Miners, MSTR & COIN
The top chart shows Bitcoin price in USD, while the bottom chart shows the % change in the stock of price of various crypto miners, Microstrategy (MSTR) the 3rd biggest company owner of Bitcoin...
View Hot-Chart..
"Its always the same game. They wait for an ultra rich idiot get him in a trap and rob him and its legal.
Recently they met an orderly arranged pack of rich idiots right here in Eurozone."
It's so true, when I joined that aforementioned institution, the head of equities in London told us to be "Long term greedy" in our outlook to our clients...i.e fatten them up with a few trades and some "colour" as they like to call it...and at the right time bring the fat calf to slaughter!!