Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Help with Exotics 15 replies

Anyone trading the ZAR, PLN, HUF or TRY? 3 replies

Crosses and exotics (gbp/aud...) 11 replies

Trading Exotics 2 replies

trading exotics 0 replies

Attachments: Exotics (USD/TRY, USD/ZAR, USD/MXN, and others)
Exit Attachments

Exotics (USD/TRY, USD/ZAR, USD/MXN, and others)

Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 192 KB
According to the monthly stochastic calcs, usdZAR needs to come down before going back up. Doesn't mean she'll tank, but there will probably be a fight before she comes back up. News is too delayed to watch for a catalyst. Need to have a sure-fire technical trade setup.

Or trade a range if it shows.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 144 KB
https://www.forbes.com/sites/tobysha.../#e5735624850c


SA: 95m to Grow Small Biz
TRY
ZAR
MXN
Euro Area
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 69 KB
Some analysts would say that the uncertainty in the US and Eurozone has led to investors seeking buying opportunities in emerging markets - however I doubt that is the case, most likely the bigger banks looking to wipe speculators off their long positions on the USDZAR. Like you said, it really is difficult to find any meaningful fundamentals to justify ZAR strength at the moment.
Quoting MrTurtle
Some analysts would say that the uncertainty in the US and Eurozone has led to investors seeking buying opportunities in emerging markets - however I doubt that is the case, most likely the bigger banks looking to wipe speculators off their long positions on the USDZAR. Like you said, it really is difficult to find any meaningful fundamentals to justify ZAR strength at the moment.


Well spoken, sir.
Asian session
---
usdtry
usdzar
usdmxn
eurzone

Times listed are utc-5 cst (chicago)
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 89 KB
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 125 KB
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 395 KB
Quoting 2dollardog
{image}
nothing will be changed after recount
I have a question. The ZAR goes to 14.10 when $ at it's low for the day. $ goes up, ZAR goes to 14.18. $ drops 5 points and ZAR drops to 14.10 again and can't get anywhere? why? Am i missing something or is the ZAR as slow as the South African economy.
Quoting Willer
I have a question. The ZAR goes to 14.10 when $ at it's low for the day. $ goes up, ZAR goes to 14.18. $ drops 5 points and ZAR drops to 14.10 again and can't get anywhere? why? Am i missing something or is the ZAR as slow as the South African economy.

That happened because of the time of day during the US session. Your posts says 9 hours ago, that would have been only a few hours prior to NY close. I noticed price movement dwindled after noon est up until NY session close.

Yes. I was watching and it was frustrating. Addition: Tomorrow is Major US data release. Usually, the dollar stalls prior to this type of a release which accounts for the lack of momentum in the market.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 64 KB
TRY
ZAR
Euro area
Attached Image


EUR data releases are stacked. Volume will be low and stacked new releases prior to NFP tomorrow means a good night's sleep. Will take it up during NY session following data releases.
Times listed are UTC-5 Chicago CST
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 31 KB
Quoting 2dollardog
{quote} That happened because of the time of day during the US session. Your posts says 9 hours ago, that would have been only a few hours prior to NY close. I noticed price movement dwindled after noon est up until NY session close. Yes. I was watching and it was frustrating. Addition: Tomorrow is Major US data release. Usually, the dollar stalls prior to this type of a release which accounts for the lack of momentum in the market. {image}
You say "frustrating".....I had some other words and my kids are still in shock. Once again it's doing the same but knowing the ZAR it's going to play catch up soon. Just sitting patiently waiting
Attached Image



Should be at atleast 14.40
Quoting Willer
{quote} You say "frustrating".....I had some other words and my kids are still in shock. Once again it's doing the same but knowing the ZAR it's going to play catch up soon. Just sitting patiently waiting
Yah, many of us have been waiting for it. I've been chewed up in this market recently. It almost always happens when the dollar isn't clear, when its direction is getting ready to change. I think its' important to learn when I should stay out of the market almost more important than when to trade. Something I'm still learning. My future gains will bring me back, but I tire of it.
Technically, here's the issue with usdZAR

Monthly: Down
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 163 KB


Weekly: Down
Attached Image (click to enlarge)
Click to Enlarge Name: Image2.png Size: 131 KB


Daily and below: Ready to come up.

So it would seem the monthly and weekly traders are bent on selling this bad boy and this pair is traded by millionsaires. I gotta wait. I'm originally a scalper, so this is new to me and I shant forget it. Sometimes something will cause it to swing with the dollar, maybe it's because there's a fundamental in play, but when the stochastics are not in confluence, its a risk.

That being said I read the stochastics well and I guarantee you there is some big money using them on every time frame. Just FYI
Attached Image (click to enlarge)
Click to Enlarge Name: Image3.png Size: 152 KB
#USDZAR / Daily & H4
Attached Image (click to enlarge)
Click to Enlarge Name: ZjweiPF.png Size: 76 KB
Attached Image (click to enlarge)
Click to Enlarge Name: sLNzsT1.png Size: 80 KB
Attached Image
Quoting 2dollardog
Technically, here's the issue with usdZAR Monthly: Down {image} Weekly: Down {image} Daily and below: Ready to come up. So it would seem the monthly and weekly traders are bent on selling this bad boy and this pair is traded by millionsaires. I gotta wait. I'm originally a scalper, so this is new to me and I shant forget it. Sometimes something will cause it to swing with the dollar, maybe it's because there's a fundamental in play, but when the stochastics are not in confluence, its a risk. That being said I read the stochastics well and I guarantee...
Hi 2dollardog , Please send me ur arrow indicator , Thanks
0 traders viewing now