Exotics (USD/TRY, USD/ZAR, USD/MXN, and others) | Page 10 | Forex Factory

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

  • #181
  • Aug 14, 2018 6:39pm Aug 14, 2018 6:39pm
Seasonal Charts
  • #182
  • Aug 15, 2018 1:06am Aug 15, 2018 1:06am
my buy euro/try yesterday was a bummer but to day have it alllllllback

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people leave, but this thread will go on for ever
  • #183
  • Aug 15, 2018 1:45am Aug 15, 2018 1:45am
Quoting Aussi
my buy euro/try yesterday was a bummer but to day have it alllllllback {image}
Fabulous!
  • #184
  • Aug 15, 2018 2:01am Aug 15, 2018 2:01am
Quoting 2dollardog
{quote} I am a multi time frame fantatic. Would you mind sharing your indicator? That's really cool.
Hi 2dollardog

My pleasure it is attached. I included both ex4 & mql4 files. There is also a special font file in the zip that you will need to run/install on your PC in order for the indicator to appear properly on your charts.

Enjoy!
G

PS - Here is another type you may want to look at & maybe try. It's a free download http://bysb.comxa.com/en/minicharts-gold/
Attached File(s)
File Type: zip Mini Charts.zip   135 KB | 348 downloads
Find The Pain Points On Your Chart & Trade Off Those Levels
  • #185
  • Aug 15, 2018 3:43am Aug 15, 2018 3:43am
USDTRY

Court has rejected objection of lawyer of Brunson..

But there will be evaluation of higher court..there is still a chance of release..

https://mobile.twitter.com/zerohedge...9466428416?p=v
make your own analysis and decisions..just giving some perspective..
  • #186
  • Edited 3:59am Aug 15, 2018 3:47am | Edited 3:59am
USDTRY

Bloomberg: "The Banking Regulation and Supervision Agency, or BDDK as it is known in Turkey, cut the limit on lenders’ swap and swap-like transactions to 25 percent of shareholder equity, from 50 percent. That follows a series of steps by Turkish authorities to stem a slide in the currency to a record low on Monday.
The latest move limits funds’ access to lira liquidity in the offshore swap market and makes it harder for them to borrow the currency from local lenders and short it. "

https://www.bloomberg.com/news/artic...p-transactions
make your own analysis and decisions..just giving some perspective..
  • #187
  • Aug 15, 2018 5:46am Aug 15, 2018 5:46am
USDZAR
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  • #188
  • Aug 15, 2018 5:46am Aug 15, 2018 5:46am
Quoting GPips
{quote} Hi 2dollardog My pleasure it is attached. I included both ex4 & mql4 files. There is also a special font file in the zip that you will need to run/install on your PC in order for the indicator to appear properly on your charts. Enjoy! G PS - Here is another type you may want to look at & maybe try. It's a free download http://bysb.comxa.com/en/minicharts-gold/ {file}
You just made my day, partner! Thank you. New toys!
  • #189
  • Aug 15, 2018 5:48am Aug 15, 2018 5:48am
USDZAR
Coming up.
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  • #190
  • Edited 12:10pm Aug 15, 2018 8:41am | Edited 12:10pm
Quoting blackwinter
USDTRY Bloomberg: "The Banking Regulation and Supervision Agency, or BDDK as it is known in Turkey, cut the limit on lenders’ swap and swap-like transactions to 25 percent of shareholder equity, from 50 percent. That follows a series of steps by Turkish authorities to stem a slide in the currency to a record low on Monday. The latest move limits funds’ access to lira liquidity in the offshore swap market and makes it harder for them to borrow the currency from local lenders and short it. " https://www.bloomberg.com/news/artic...p-transactions...
Regarding reduction in swap transactions;
Some investor borrows lira from Turkish banks and convert it to Usd first then invest in high interest currencies to benefit from interest rate differential..that kind of borrowing lira and invest in other currencies contribute to depreciation of lira and to appreciation of some high interest rate currencies such as Brl, Zar, Mxn..

With reduction to swap transactions, authorities try to limit lira borrowing in kind of swap transactions to limit selling lira and buying other currencies..it has led to drop in Try pairs for now..but, it seems, as a side effect, gov bond rates has increased..2 year gov bond rate around %28 now..less lira liquidity has perhaps caused less demand for gov bonds, then bond rates hike..

This also explains upsurge of UsdZar and UsdMxn today despite significant drop in Try pairs..my humble opinion..

Indeed, there is a simple solution to limit "borrowing lira and buying other currencies"..simple solution is a sufficient rate hike by CB..that will reverse the process..

Edit: good reading..
https://mobile.twitter.com/FT/status...1125444608?p=v
make your own analysis and decisions..just giving some perspective..
  • #191
  • Aug 16, 2018 2:01am Aug 16, 2018 2:01am
USDZAR
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  • #192
  • Aug 16, 2018 2:39am Aug 16, 2018 2:39am
Due to fundamentals I will only buy USD/Zar at the moment. Political instability makes investors afraid to invest in South Africa which will only weaken the Zar
10 000 to 100 000 Return This Month: na
  • #193
  • Aug 16, 2018 2:56am Aug 16, 2018 2:56am
Quoting Trade4ex
Due to fundamentals I will only buy USD/Zar at the moment. Political instability makes investors afraid to invest in South Africa which will only weaken the Zar

Welcome! I appreciate your input!
  • #194
  • Aug 16, 2018 2:58am Aug 16, 2018 2:58am
USDZAR

Update on forward testing. Note: (Entry shown here is not relative to this post. I'm scalping off the lower time frame at the moment.)

I see that the 50 simple moving average on the 1 hour contains consistent activity, especially with the trend.
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  • #195
  • Aug 16, 2018 3:49am Aug 16, 2018 3:49am
USDZAR
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  • #196
  • Aug 16, 2018 5:41am Aug 16, 2018 5:41am
Source
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  • #197
  • Edited 9:02am Aug 16, 2018 5:49am | Edited 9:02am
USDZAR

I bought (1/1 leverage) UsdZar at 14.527..expecting 14.62 today...see how

Edit: closed with some profit..hourly turning down
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make your own analysis and decisions..just giving some perspective..
  • #198
  • Aug 16, 2018 9:25am Aug 16, 2018 9:25am
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  • #199
  • Aug 16, 2018 12:28pm Aug 16, 2018 12:28pm
Quoting 2dollardog
USDZAR {image}
Again, I would like to know the name of that website with all those news, it is a good tool! Thank you
  • #200
  • Aug 16, 2018 1:21pm Aug 16, 2018 1:21pm
USDZAR

Sold 14.8383
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