Anybody want to know seāsonal pattern? It explains why now aud is rising.
pm me.
pm me.
- #68,022
- Oct 17, 2013 10:01am Oct 17, 2013 10:01am
- | Joined Feb 2010 | Status: Make Them Pay | 1,103 Posts
{quote} You can bet your boots that it will happen and the Asian markets will conduct commerce trade with RMB instead of USD, but that will take years to happen. Not something that is of immediate concern. As I stated earlier, today's USD bashing is more likely related to a sell off in US treasuries that are set to expire around Jan and Feb which is when the next debt limit mini-crisis is set to rear its ugly head again. Add to that the almost certain fact that the Fed will not taper in October, and you've got yourself a mini USD meltdown. It shouldn't...
Thanks mate
Anything can happen.
- #68,024
- Oct 17, 2013 10:15am Oct 17, 2013 10:15am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Those who say it cannot be done should not interrupt those who are doing it
- #68,026
- Oct 17, 2013 10:21am Oct 17, 2013 10:21am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Those who say it cannot be done should not interrupt those who are doing it
- #68,027
- Edited 11:05am Oct 17, 2013 10:31am | Edited 11:05am
- | Joined Nov 2012 | Status: blind eyes... | 1,018 Posts
nice short rsi (14) on DAILY CHARTS is 74.74 normal high 70.
no buy anymore (overbought)
no buy anymore (overbought)
- #68,030
- Oct 17, 2013 10:36am Oct 17, 2013 10:36am
- | Joined Nov 2012 | Status: blind eyes... | 1,018 Posts
{quote} Yes sure. 200 SMA i have at ,9768 now
- #68,031
- Oct 17, 2013 10:38am Oct 17, 2013 10:38am
- | Joined Nov 2012 | Status: blind eyes... | 1,018 Posts
{quote} its too far, right now there are supply and demand AUD/USD.
- #68,032
- Oct 17, 2013 10:46am Oct 17, 2013 10:46am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
{quote} Hmmmm ...I trade at London +1h In XM I have 200 EMA at 9640 but at Admiral at 9560 ??? What is Yours ? Strange ...
It is a diff in the Time zone. My broker TZ is GMT. Yours is GMT+2
This affects the candle close price and therefore the ema and sma are also affected.
It's quite normal to have different time zones... but I would guess that the banks measure ema and sma based on price close at 4pm NY Time regdarless of whether it is summer or winter time.
Therefore GMT+3 would more closely match that time for the candle close
ADD. I think I will write a new moving average indie with a time zone shift in it for the H4 and above TFs I will post it for download when complete.
Those who say it cannot be done should not interrupt those who are doing it
- #68,033
- Oct 17, 2013 10:51am Oct 17, 2013 10:51am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
nice short rsi (14) on DAILY CHARTS is 74.74 normal high 70. no buy anymore (overboght)
Those who say it cannot be done should not interrupt those who are doing it
- #68,034
- Oct 17, 2013 11:00am Oct 17, 2013 11:00am
- | Joined Nov 2012 | Status: blind eyes... | 1,018 Posts
{quote} Everything against the USD is overbought... for now anyway.
- #68,035
- Oct 17, 2013 11:05am Oct 17, 2013 11:05am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Those who say it cannot be done should not interrupt those who are doing it
- #68,038
- Oct 17, 2013 12:19pm Oct 17, 2013 12:19pm
- | Joined Apr 2009 | Status: Trader | 1,507 Posts
Don't give up
- #68,039
- Oct 17, 2013 12:26pm Oct 17, 2013 12:26pm
- | Joined Apr 2009 | Status: Trader | 1,507 Posts
Don't give up
- #68,040
- Oct 17, 2013 12:30pm Oct 17, 2013 12:30pm
- | Membership Revoked | Joined May 2008 | 3,395 Posts
The Market pays you to be disciplined