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 |
Of Gold Extensions مقياس إمتدادات الذهب
Friday's $2431 high in gold consisted of a 21% rise from the Feb 14th low. Such percentage extensions from key lows or/and technical levels such as the 200-DMA, could flag crucial opportunities for partial/full profit-taking. Watch here.
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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Good job. Is there a platform which you can suggest for me to trade live quotes. I specifcally want live EU bonds and US bonds data and it should also have forex. Is there something you can point me to?
I see euribor at 1.057% where do u see it at 1.46%?
http://www.global-rates.com/interest-rates/eonia/eonia.aspx
Give a few trades and then wait for 24-48 hours ignoring all news and price action. I though FX is a real short term traders pit where things change real fast. Unless u r in some kind of trend, FX cannot be traded like this. I mean 40-50 pips and then wait for 24 hours with stops that wide by 100 pips.
I trade FX but real short term and based on what I see on forums. So nothing can be worse than me. :)
You are right. I will. Your analysis is anyways worth it and may not go for the trades.
Keep up the good work. No offense meant. And personally even if you do publish P/L it does not mean that your trades will continue to do well or badly. Past is not a reflection of future. But please do put in education and analysis. Thank you
Which is why am so scared of AL. But his marketing campaign is so dangerous for newbie folks that they may get sucked into "trades hit target". Emini has been stopped, usdcad has been stopped. (my friend trades with AL and he was absolutely furious at the wide stops). Didnt check other trades. But no where can I see him saying I LOST PIPS ON THE LOST TRADES. AL trades stops are so wide that u lose the trade, it is is punishing. I follow two others but both are transparent of their loses, publish P/L and are never ever heard on CNBC etc as they enjoy trading.
But his analysis is good and therefore credit where it is due. To be fair to AL, FX markets are a tough place.
I want to join AL but somehow I think his trades are not doing well for now well over 3-4 weeks as have been reading too much on these forums.
@cat0nip
Simple:
EU 10Y at 2.3%
US 10Y at 1.8%
Given EU 10Y spread is higher, does it mean this should favor eurusd?
Now as this spread rises (for whatever reason), should eurusd then rise as well? Basically does spreads define forex?
Now the second part of question: If rising yield should support eurusd, then rising yield means falling bonds which should automatically mean eurusd should fall as capital flows out of bond markets. So why do analysts say that rising yield support forex.
If EU yield spread over UST comes down, then DXY should be possitive but on the other hand, when the yield comes down, the bonds of the market is going up which then should imply greater capital into that currency. There fore EURO should go up. Am confused on how to intepret the yield spread as a function of forex.
Can someone help.