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Posts by "pipster"
310 Posts Total by "pipster":
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Posts by Anonymous "pipster":
There is a right shoulder forming on the Dow Jones - Daily This will probably take some time to play out, but the index will be pushing down until at least around August time.
With my basic knowledge of fundamentals
Usd is anticapted to increase in strength
Dow to pull lower
Not sure what happens to Gold, but I'm thinking it should pull back with the USD strengthening
Oh, by the way -Xaron & Station thanks for the level on Gold. After you posted the entry I looked at it and from my 4hr chart it was extremly over bought. Traded with this in mind, but knowing you guys had shorted was also reassuring
Is anyone inclined to short the dow jones.
DJ you mentioned the uk figures, but I have checked the economic calendar and can't see any major news today .
cheers, will watch it 2mrw
I'm trying to figure out the levels on the gbp/usd. and can't make out if its in an uptrend or downtrend - any ideas
Nice insight to the view on the eur/usd. I am also waiting for the 1.2425 area and will be shorting it. All the best
I will endeavour to get a copy - Should've had a copy by now. Its just I felt it may be above me, as i'm just grasping the basics. I'm always asking for advice/guidance from you guys and I feel a bit bad about it. Hopefully in time to come, I will be able to help someone else.
Thanks
Some very very useful information. It will reallyl help me out.
I am short on Usd/Cad from 1.0288 - with a target of 1.0167
I will then hopefully look to buy around that level or lower.
With what you have mentioned it makes sense.......Oil prices are looking to break the 75.80 level and will move higher, thus putting the Usd/Cad which is looking slightly bearish
Thankyou soo much for that piece of knowledge. I am slighty assured that my short may work out.
i'm trying to get my head round some terms and I really need to remember terms like risk appetite.
Is this right
Decrease in risk appetite = increase in dollar strength
Increase in risk appetite = dollar weakness
Oh are you bullish or bearish on this pair
Any thoughts on how Usd/Cad is playing out today and in the next few days. Many Thanks