You are wright David
If the USA do a rate hike than al the money flow in dollar.
So EURO will go DOWN,DOWN,....
If the USA do a rate hike than al the money flow in dollar.
So EURO will go DOWN,DOWN,....
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DislikedYou are wright David If the USA do a rate hike than al the money flow in dollar. So EURO will go DOWN,DOWN,....Ignored
DislikedThe question I like to know is How much "good news" is already priced in.Based on sell off it looks like price is already factored in. Perhaps much like recent New Zealand dollar slide.Ignored
Disliked{quote} Using this theory- any, as you say "good news" AU maybe the one to watch. All the majors seem to be taking a beating but AU seems stubbornly stable? I can't seem to find a fundie reason for its resilience (not my strong suit though).Ignored
Disliked{quote} Notice that too.I think its temporary due to recent Chinese PMI On its own merit Aussie dollar should decline Interesting article RBA may be forced to cut rate further: Goldman Sachs http://www.smh.com.au/business/marke...729-zxzau.htmlIgnored
DislikedThis is going to be very close. Less then 1 min left on the 1hr candle. I need the price to close above of the 50 fib. lets see if it happens. {image} -------------------------------------------- Good... I got it ( the close above the 50 fib level) with the last 30 seconds of the 1hour candle. So my buy order is still safe for at least 1 hour longer. {image}Ignored
Disliked{quote} Not many candels have been behaving unless they are bearish. I would get out, looks like this one is giving 3400 a battle that 3400 will lose. EDIT: dollarindex still got plenty of room to the upside. Volume here (dukascopy) is very low. If not now, maybe in 30 min we will get back down here OR we will stay in this range ALL dayIgnored
DislikedTechnically there's a possibility of a fake out in this region before a correction to the top side imo. {image}Ignored
Disliked{quote} Interesting article. That's the first time I've read the possibility of a cut since recent Chinese numbers. I have heard a fairly positive tone for China since. Edit: "Funny as I am typing this AN is declining increasing my $$" Yes, have just entered short AU, new lows on the way imo.Ignored
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Disliked{quote} Hello Mr Nick, You have been 100% correct about the only candles which have shown action as being the bears. This open 1hr candle has greatly favored the sell side, but the most important part of the 1hr candle, and any candle for that matter which you watch is the last 5 seconds. Last hour I got the retrace back across the 50 fib, and this candle with 15 mins left I am slightly under the 50 fib level. Should the 1hr candle close under the 50, then I will stick to my rules and get out, until then, then the engulf patterns which I follow...Ignored
Disliked{quote} Hello Mr Doom. Hey Doom I haven't seen to many of your post as of late, but you know I still have dreams about your EU sell from 1.3499 I swear that when you said you were selling at that price I said to myself "MaxIsGoingToDoomed" but it turns out you made yet again another excellent call. Keep up the excellent work Guru.Ignored
Disliked{quote} Good Morning Maxdoom. Good to see you . Don't you think the price might go up base the future date which is going to be released ???? Any chance to go up ?? Thanks...Ignored