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note : I think we're due for a correction (north)
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Dislikedi don't understand, about what's really happening.
I mean, brent at 115.80, gold at 1695, s&p 1407, audusd just continue making new lows.
Is.. is something strange, i must really admit that this weakness in aussie was a big suprise to me, this market seems to find always new ways to surprise meIgnored
DislikedI'm looking at H4 and H1 and ADX and don't see a north-bound lane. Maybe some zigzags in the road down the mountain, but I guess it depends what you call a correction - 30 pips, 50 pips? The last zigzag took us up from 1.0280 to 1.0340, but we are now well south of that point.Ignored
DislikedThe currency mkts trend well when they trend and do not always turn when we expect them to turn. Never swim against the current.Ignored
Dislikedi don't understand, about what's really happening.
I mean, brent at 115.80, gold at 1695, s&p 1407, audusd just continue making new lows.
Is.. is something strange, i must really admit that this weakness in aussie was a big suprise to me, this market seems to find always new ways to surprise meIgnored
DislikedI don't see any north bound lane either, all of my targets are pointing south, but as DB always says, we should worry about the thing that we can not see. And yes, 30 to 50 pips correction is what I'm expecting, but we could get more
Points taken chiknthief, thanks very muchIgnored
DislikedLet me have a look at your post about the sub-trend, I remember you said that a view days back...
but I think this bear train hasn't finished yet
....at least that's what this guy told me
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DislikedHippo boy, I enjoy having exchanges with you even though we don't share the same view all the time.
Let me tell you what I have seen. The "past" bear trend was a correction within a bigger correction. Because it occurred so close to the weekly DTL, I began to question myself if this sub-trend is going to stop at DTL.
This past Sunday, I realized one important issue. At that moment, I saw a much bigger picture of the Aussie. Now I believe the crossover of the DTL is highly possible.
There are some fundies to support my view even I don't...Ignored
DislikedCNBC-
Does History Suggest China Growth Is About to Rebound?
http://www.cnbc.com/id/48888288Ignored
DislikedWhere got China Rebound?
No evidence yet, so China not rebound.
The China's PMI shows in China is STILL having too much inventories AND not producing additional goods due to the too much inventories.
China need to clear the inventories first.Ignored
DislikedWhere got China Rebound?
No evidence yet, so China not rebound.
The China's PMI shows in China is STILL having too much inventories AND not producing additional goods due to the too much inventories.
China need to clear the inventories first.Ignored
DislikedThe Government's report indicates the bottoming is on the way. Not sure how reliable it is.Ignored