In trading, you have to be defensive and aggressive at the same time
- #34,362
- Feb 6, 2020 5:42am Feb 6, 2020 5:42am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
- #34,364
- Edited 6:05am Feb 6, 2020 5:54am | Edited 6:05am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
line drawing older work....
I'll stop got too much work lets get back to trading!
I'll stop got too much work lets get back to trading!
In trading, you have to be defensive and aggressive at the same time
- #34,365
- Feb 6, 2020 6:12am Feb 6, 2020 6:12am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
- #34,366
- Feb 6, 2020 6:21am Feb 6, 2020 6:21am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
- #34,367
- Edited 9:31am Feb 6, 2020 7:22am | Edited 9:31am
- Joined Jun 2010 | Status: Trader | 1,509 Posts
UJ short. why wild horse.?
1.50% WTDPct Percentage change of the latest price and the price at the end of previous week
1.45% MTDPct Percentage change of the latest price and the last price of the previous month
0.91% 3MPct Percentage change of the latest price and the last price of 91 calendar days ago
3.27% 6MPct Percentage change of the latest price and the last price of 182 calendar days ago
1.00% YTDPpct Percentage change of the latest price and the last price of the pevious calendar year
all this up there are green against JPY
1.50% WTDPct Percentage change of the latest price and the price at the end of previous week
1.45% MTDPct Percentage change of the latest price and the last price of the previous month
0.91% 3MPct Percentage change of the latest price and the last price of 91 calendar days ago
3.27% 6MPct Percentage change of the latest price and the last price of 182 calendar days ago
1.00% YTDPpct Percentage change of the latest price and the last price of the pevious calendar year
all this up there are green against JPY
- #34,373
- Feb 7, 2020 2:41am Feb 7, 2020 2:41am
- Joined Nov 2009 | Status: You are what you is | 1,962 Posts
AU below 0.6700 approaching again multi months lows. 
Porta itineris dicitur longissima esse
- #34,374
- Feb 7, 2020 2:48am Feb 7, 2020 2:48am
Kiwi is at very interessting level imho: 
- Fib 61,8 retrace from last swing on daily chart
- still tooo cheap from last weak pivots
- New Zealand inflation expectations rise in Q1.
I´m long now.
- #34,377
- Edited 5:03am Feb 7, 2020 4:44am | Edited 5:03am
{quote} Just asking so I learn something: Don't you worry about NFP being released in couple of hours? And my calendar doesn't show anything about NZD inflation. I use FxStreet's calendar. What date will it be?
.... But the price is so cheap and the fundamentals I think are not bad for New Zealand, so in the end I just trade with high probabilities (I hope). Even when NFP is positive, I think there will be a small drop of USD because its way to expensive at the moment. Than I try to go out. But that is only my feeling. And I´m absolutely no expert. I´m a bloody beginner when it comes to fundamentals. I just try to trade the higher probabilities. But of cause I can be wrong. I hope that no one takes my live trades as trading advise, still I´m in first class of Davits school 
. And I have to say: I trade with a lot of risk! Thats because my trading account is very small. I would never trade with the same risk in a bigger account. Here is the article about New Zealand inflation expectations: http://fxstreet.com/news/rbnz-survey...s-202002070211
- #34,378
- Feb 7, 2020 4:54am Feb 7, 2020 4:54am
I really like this calender: https://www.fasteconomicnews.com/fx_calendar.aspx
You can click on every news event and see the impact of past news events on the chart.
You can click on every news event and see the impact of past news events on the chart.
- #34,380
- Edited 6:08am Feb 7, 2020 5:47am | Edited 6:08am
U.S. non-farm payrolls
If the data arrives as strong as expected, the market may not react as much, but if the data disappoints, the US dollar could fall and fall, which is favorable to gold.
Gold recovering from its biggest weekly loss since the beginning of November. At the moment last 4 hours come from1562 to 1568
One of the reasons that gold may be recovering, in addition to the uncertainties, may be the possibility of the Payroll disappointing, causing the USD go back and fall, which may justify this anticipated reaction of gold.
we are seeing yelds moving down. This means that the price of gold goes up.
And if the price of gold is projecting upwards, is the USD going expecting to go down?
If the data arrives as strong as expected, the market may not react as much, but if the data disappoints, the US dollar could fall and fall, which is favorable to gold.
Gold recovering from its biggest weekly loss since the beginning of November. At the moment last 4 hours come from1562 to 1568
One of the reasons that gold may be recovering, in addition to the uncertainties, may be the possibility of the Payroll disappointing, causing the USD go back and fall, which may justify this anticipated reaction of gold.
we are seeing yelds moving down. This means that the price of gold goes up.
And if the price of gold is projecting upwards, is the USD going expecting to go down?