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198 Pages«<161162163164165>»
Realities of Forex Investment
hisah
#3241 Posted : Tuesday, August 04, 2015 4:27:06 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
GBPAUD - easy money now on the short side. Wait for the bounce then short for a week or two!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#3242 Posted : Thursday, August 06, 2015 8:15:24 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
hisah wrote:
GBPAUD - easy money now on the short side. Wait for the bounce then short for a week or two!

Hope guys took advantage of today's bounce to short this pair. Has a long way to fall for a swing trade.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#3243 Posted : Tuesday, August 11, 2015 6:19:07 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
China Weakens Yuan Reference Rate by Record 1.9% Amid Slowdown
What was that? PBoC devalues the yuan!

I don't think the Fed will hike the USD rate with that PBoC move.

Aussie, kiwi and CAD taking it in the chin in asia session in this surprise yuan move.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Sufficiently Philanga....thropic
#3244 Posted : Tuesday, August 11, 2015 3:20:30 PM
Rank: Elder


Joined: 9/23/2010
Posts: 2,221
Location: Sundowner,Amboseli
hisah wrote:
China Weakens Yuan Reference Rate by Record 1.9% Amid Slowdown
What was that? PBoC devalues the yuan!

I don't think the Fed will hike the USD rate with that PBoC move.

Aussie, kiwi and CAD taking it in the chin in asia session in this surprise yuan move.

This one was long time coming.Funny these guys. Had to be a month before expected Fed rate hike. The Chinesesmile Should have taken a positionSad
I see the Japs running right behind. It's a battle royale for the export market.@Mnadii,sit tight on your $JPY short.
@SufficientlyP
mnandii
#3245 Posted : Wednesday, August 12, 2015 4:50:32 AM
Rank: Elder


Joined: 10/11/2006
Posts: 2,304
As I had anticipated USDJPY rose to levels I stated in my Elliott Post a week ago. I believe the fall is due now. GBPUSD is completing the triangle and should move higher. AUDUSD rose and is now falling as I had stated. Elliott rules!
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#3246 Posted : Wednesday, August 12, 2015 4:53:11 AM
Rank: Elder


Joined: 10/11/2006
Posts: 2,304
There is nothing like smart money in the market making profits at your expense. Believe that and you lose the game.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#3247 Posted : Wednesday, August 12, 2015 4:57:50 AM
Rank: Elder


Joined: 10/11/2006
Posts: 2,304
Get ready to short gold at 1122.57s
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
hisah
#3248 Posted : Wednesday, August 12, 2015 7:12:16 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Sufficiently Philanga....thropic wrote:
hisah wrote:
China Weakens Yuan Reference Rate by Record 1.9% Amid Slowdown
What was that? PBoC devalues the yuan!

I don't think the Fed will hike the USD rate with that PBoC move.

Aussie, kiwi and CAD taking it in the chin in asia session in this surprise yuan move.

This one was long time coming.Funny these guys. Had to be a month before expected Fed rate hike. The Chinesesmile Should have taken a positionSad
I see the Japs running right behind. It's a battle royale for the export market.@Mnadii,sit tight on your $JPY short.

Busy day again as PBoC continues from where they left yesterday. Long USD/CNH has yielded nice profits in two days.

This PBoC move has killed the GBPAUD short move as aussie and kiwi get shelled. GBP is still muscular in the short term, but futures say otherwise long term. The fall of GBP will be awesome like last year.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#3249 Posted : Wednesday, August 12, 2015 7:20:52 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
mnandii wrote:
Get ready to short gold at 1122.57s

As long as 1150 is not reclaimed shorts favoured. A break below 1080 means 1000 test is on.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#3250 Posted : Wednesday, August 12, 2015 7:26:49 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
hisah wrote:
hisah wrote:
An oil ETF I track is suggesting oil price bounce may be done. Sharp turn ahead with targets below March lows. Sit tight.

Most commodo futures I've scoped don't support bulls.

Being bullish commodos this year will be tough business.

June 1st. Hope guys took action on this hint. The plot remains the same.

AU and AG have already tanked. Oil is testing the Jan lows. The fight is on, but just like AU and AG the nosedive is on cue. Bulls will continue getting shredded.

With PBoC devaluing the yuan two days in a row, I expect oil to continue sliding towards $30 handle or lower! No capitulation yet means the low is not yet made!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#3251 Posted : Saturday, August 15, 2015 4:34:04 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Crude oil Sept options expire this coming Monday. Crude printed sub 40 today which means sub 40 strike options will pay out! Watch out for Monday, the price volatility will be interesting.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
piphunter
#3252 Posted : Tuesday, August 18, 2015 10:22:13 AM
Rank: New-farer


Joined: 3/23/2015
Posts: 17
Location: Nairobi
hi guys am a news trader but would want to perfect on technical analysis.Any SUCCESSFUL technical trader who can help?
hisah
#3253 Posted : Tuesday, August 18, 2015 10:55:11 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Samson Resources and the hydrocarbon awesome selloff this Sept 15.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#3254 Posted : Friday, August 21, 2015 6:45:55 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
The volume that has been churning in GBP pairs this year is the highest in 10yrs! If GBP falls after this volume spike, that slide will be breathless!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Cornelius Vanderbilt
#3255 Posted : Sunday, August 23, 2015 10:51:54 PM
Rank: Member


Joined: 8/15/2015
Posts: 817
piphunter wrote:
hi guys am a news trader but would want to perfect on technical analysis.Any SUCCESSFUL technical trader who can help?


simplify your technical analysis skills by looking at long term charts.they will really make your life easier.and only look at lower time frame when you are entering trades in the directions of long term charts.its all in the price.that's what we say. all that news you are straining to get being all over the news channels is all in the price.price gives you a very nice summary of the news ALL OF IT.can you summaries all the news affecting a particular currency. i donot think so . so ditch news trading and go full technical analysis
have very few indicators on your charts and always wait for confirmation on price move
hisah
#3256 Posted : Monday, August 24, 2015 5:47:39 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Caution with oil. The bottom will fall out soon!

The USD is looking toppish! If the Fed doesn't hike rates in the next few weeks the USD will be heavily sold. This has been one heavy one-sided bull run.

Keep an eye on GBP that vol spike this year is significant. Looks like gold in 2011
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#3257 Posted : Monday, August 24, 2015 5:58:24 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
hisah wrote:
mnandii wrote:
Get ready to short gold at 1122.57s

As long as 1150 is not reclaimed shorts favoured. A break below 1080 means 1000 test is on.

1150 reclaimed! That was fast! Is the shift happening after testing that 1080 critical level?
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
technician
#3258 Posted : Tuesday, August 25, 2015 4:02:47 AM
Rank: New-farer


Joined: 8/25/2015
Posts: 15
Location: Nairobi
With global stocks sell of and major stock market indices going down because of speculation that FED will hike interest rates, traders and investors will be rushing to buy gold as a safe haven commodity.

Gold trend is bullish with the next target at 1300.

This article explains Gold trading in times of economic recession:
http://www.tradeforextra...dex.php/gold-price-chart
mnandii
#3259 Posted : Tuesday, August 25, 2015 6:43:17 AM
Rank: Elder


Joined: 10/11/2006
Posts: 2,304
piphunter wrote:
hi guys am a news trader but would want to perfect on technical analysis.Any SUCCESSFUL technical trader who can help?


Learn Elliott Waves ONLY! It's difficult at first but it will be worth the effort.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#3260 Posted : Tuesday, August 25, 2015 6:47:00 AM
Rank: Elder


Joined: 10/11/2006
Posts: 2,304
mnandii wrote:
$JPY



I expect USDJPY to rise to 125 level then fall strongly. I will go short with my SL at 125.86 expecting a move of 2000 pips to 105.03s or thereabouts.

1 HR chart below:




mnandii wrote:
I believe the USDJPY pair will be an interesting one. Try not to miss the move down.



She has fallen hard, but there is more to come. smile
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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