@chloe, i just have that feeling gold is the next one to pop. USD getting run over by everything. If you take a 1 min chart of anything vs usd, they may pull back to a support level and them bam, 45 deg angle up for 1-1/2 hours nonstop.
Gold continually bounces off that 1133/1134 zone. One good pop and it will go right through 1140. I will not be a happy camper if he goes bullish on gold like he did with aussie today.
@chloe-how many fills you get so far today on USDCAD?
I am giving gold one more opportunity to break support of 1132/1134 before I close this position. I am growing increasingly concerned this will turn into another AUDUSD. It's bounced off this level four times already today,
as a matter of fact rkashmir, I do mind you using my line, especially in the sarcastic tone regarding Ashraf. He constantly states he calls the direction of the move, and the move is still down in eur and gbp. The consolidations and short covering rallies are nothing but noise.
If you cannot account for them in your mini-overmargined account, then don't trade FX.
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(9 months ago)
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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 (9 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (9 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (9 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(9 months ago)
Gold, Bitcoin, USD Combo
I mentioned last week on here on how and why both gold and USD are falling together. Since then, the trend accelerated alongside another detail.
View Hot-Chart..
Gold continually bounces off that 1133/1134 zone. One good pop and it will go right through 1140. I will not be a happy camper if he goes bullish on gold like he did with aussie today.
I am giving gold one more opportunity to break support of 1132/1134 before I close this position. I am growing increasingly concerned this will turn into another AUDUSD. It's bounced off this level four times already today,
If you cannot account for them in your mini-overmargined account, then don't trade FX.
Am I understanding correctly that a rate hike is good for the risk aversion trade, and revaluation would be good for the risk trade?
Please clarify, and which one you think is nore of a reality, and/or likely to happen first.
Thank you.
Don't they understand they are playing with a ticking time-bomb which with every passing moment gets closer and closer to detination?
Who in their right mind would be buying trash euro ad gbp except for weak shorters covering?
Looks like their strategy is doomed.