- Search Energy EXCH
- 72 Results (1 Thread , 71 Replies )
- wh92stang replied Jun 8, 2011
As bbaker said, momentum. This jump in price corresponded with OPEC leaders failing to come to an agreement on increasing oil output. The news changed the fundamentals and therefore this was more of a fundamental move than a technical.
- wh92stang replied Jun 6, 2011
QE3 won't strengthen the US dollar. As I said, the dollar index will likely weaken if there is a QE 3. However, I expect the dollar to strengthen versus the Yen do to the expected boost to the US economy. Contrary to popular belief, Quantitative ...
- wh92stang replied Jun 6, 2011
If QE3 is announced I expect dollar to strengthen vs. the yen even though it will likely fall against the Euro, Pound, Aussie, Loony etc.
- wh92stang replied Jun 2, 2011
For as long as I've been trading (only 3 years) UY has never seemed to have much of a correlation with the dollar index. To me the yen is more of a safety currency - Risk off = strong yen relative to dollar. I've noticed the UY cross correlates more ...
- wh92stang replied Oct 6, 2010
USDCAD just pierced the long-term support trendline. We'll see how it reacts. EU still making multi-month highs. Not too convincing though, feeling like it might roll over. I'm still waiting for a decent short setup.
- wh92stang replied Oct 6, 2010
Very true. It really angers me when any of the US policymakers comment on other countries currency policies. While the US allows their currency to float freely in the market, the tactics they use to manipulate the value of the dollar no less shady ...
- wh92stang replied Oct 5, 2010
News spiked AU but it's returning. Might form a nice pin on the 15. I'm leaning short as long as it remains below .9684
- wh92stang replied Sep 29, 2010
Haha, I wondered that too. When I wake up, I go back and read Red's posts from the European session. And Red's still going strong. The entire US session, Red's posting. When I occasionally decide to trade the Asian opens, Red's posting. Thanks Red. ...
- wh92stang replied Sep 16, 2010
I'm going to wait on Yen pairs till next week. The intervention and now quadruple witching Friday.
- wh92stang replied Sep 14, 2010
Exactly. I'm not sure why the majority of sentiment on this board has been negative the last two days. It's been on a hard uptrend.
- wh92stang replied Sep 13, 2010
You short yet Petar? Looking weak on the 5 minute chart. Yen is really strong.
- wh92stang replied Sep 1, 2010
Head and Shoulders forming on the E-Mini hourly chart. If the trendline on the right shoulder breaks I would at least expect a retest of the 1037.50 level.
- wh92stang replied Aug 31, 2010
British PMI data comes out when I'm sleeping, then tomorrow morning is US ADP employment report. I kind of expect a slow float up overnight, but I don't see anything I want to be in right now. I'll be back in the morning (I'm in the US Eastern zone) ...
- wh92stang replied Aug 31, 2010
Yea, I'd like to stick around. I'm trying to stop thinking so much about what I expect to happen and read the market technicals and let it come to me. That's what I've been learning from this thread so far. I'm way too impatient. I'm always taking ...
- wh92stang replied Aug 31, 2010
Thanks for all of your posts Red. Your charts are very clear and helpful.
- wh92stang replied Aug 31, 2010
Wow the yen is strong. I cannot believe this pair is selling off like this when the rest of the markets are headed up on good data. Really pissing me off and costing me money.
- wh92stang replied Aug 25, 2010
Thanks for all the useful fundamental info Geo. Your calls have been right on as natty gas is almost down to the 3.8 level you called weeks ago. Keep up the good work.
- wh92stang replied Aug 11, 2010
Well this day has sucked so far. Stopped again. Given back all my gains from Monday and Tuesday.
- wh92stang replied Aug 11, 2010
Long CL one more time 78.55. Stop 78.3
- wh92stang replied Aug 11, 2010
Out. Instrument: CL Style: Bounce after consolidation around lows. Profit/Loss: -10 points Max Drawdown: -10 points