- Search Energy EXCH
-
Skracor247 replied Dec 3, 2019All you have to do is look at where the new money is going. Right now it is going to the US government and large banks. The effect on the currency will be new stock and bond market highs(already happening) and money going to the government will ...
Cable Update (GBPUSD)
- Skracor247 replied Dec 2, 2019
Think of it this way. The dollar index is weighted according to the volume of the currency it is being traded against. It is most heavily weighted against the Euro because it is exchanged the most with the Euro. So when the dollar weakens against ...
Cable Update (GBPUSD)
- Skracor247 replied Dec 2, 2019
I sold at .1073. If the Daily down trend is going to hold this is where the turn should happen. If not... SL 30pips Target .0900. Stay safe all.
EURUSD only
- Skracor247 commented Nov 30, 2019
This bit of news is easily explained by Christmas spending across the globe. Surprise! Too bad most of it will be debt-based spending.
China Nov factory activity unexpectedly returns to growth - official PMI
- Skracor247 replied Nov 28, 2019
Closed my .1022 short. If it turns here I expect .1080 and I like cheap prices. I would be willing to sell more up there but won't hold through that kind of drawdown. 13pips positive. Its okay.
EURUSD only
- Skracor247 commented Nov 27, 2019
Only a few more polls to go before the election. For you Brits sake I hope they will make a final decision soon after the election. Speaking from technical analysis I see GBP gaining against the USD temporarily before plunging back to the lows we ...
UK Election: YouGov MRP Poll Shows Significant Tory Majority
- Skracor247 commented Nov 27, 2019
There is a maximum bottom of 50$ per barrel. The price is being kept up by FED printing as well as a natural bottom due to supply factors. The top of this channel is 60$ per barrel. One little crisis in oil production can send the price through this ...
Crude Inventory +1.57M Barrels vs -79K Expected
- Skracor247 commented Nov 27, 2019
It is becoming more and more difficult. Serfdom here we come. Oh, wait we are already there. We should never have mechanized farming to the degree we did, perhaps? I don't know. It is difficult to grow your own food in a concrete jungle. They will ...
U.S. durable-goods orders jump 0.6% in October, but mostly for military weapons
- Skracor247 replied Nov 27, 2019
My plan has me holding for another two pushes down on this leg of the 4H downside push. If there is a turn here on the 30m I am looking for a rejection at .1005ish if it pushes lower here the turn will be more around .1000. image
EURUSD only
- Skracor247 commented Nov 27, 2019
Still .1% gain is better than forecast -1.1%. Savers are being forced to pay for that .5% gain on military spending. This data doesn't include the Friday of Blackness that is happening this week. A shopping spree on credit cards for everyone. ...
U.S. durable-goods orders jump 0.6% in October, but mostly for military weapons
- Skracor247 replied Nov 27, 2019
Hi Rush, I really appreciate your plan and the way you are approaching trading. I went through a similar period in my trading a few years ago. Keep it up! You will get where you want to go. You are right that indicators are not necessary for ...
From Concept To Profitable Trading
- Skracor247 commented Nov 27, 2019
My comment is not based on this small bond sale but on the possible bond sales to come. The demand they saw for their bonds could cause them to continue issuance and that is where the weakness lies.
Blowout response to China global bonds offering
- Skracor247 commented Nov 26, 2019
Chinese inflation to come? This should weaken the Yuan over time if they continue this speed of issuance.
Blowout response to China global bonds offering
- Skracor247 replied Nov 26, 2019
Yeah, I gave up trying to figure out his mapping method. I wasn't suggesting a set future only the basic structure of price movement. I know you have done plenty of studying here and on other forums. I recognized your name from CJs main site. Good ...
EURUSD only
- Skracor247 replied Nov 26, 2019
Looks like more downside today. I am short from .1022. SL above 30pips. TP 50pips image
EURUSD only
- Skracor247 commented Nov 25, 2019
These banking jokers! If we provide the government with endless paper money we will end up with inflation. Which, by the way, is detrimental to banking as people are able to pay down their debts. If we provide the banks with endless paper money we ...
Fed economists warn of inflation and ‘economic ruin’ if MMT-type policies are ever adopted
- Skracor247 commented Nov 25, 2019
If the credit card companies cannot stop thieves... I knew to steer clear when the news articles about Bitcoin brokers 'losing' coin and coin being 'stolen'. I thought it was supposed to be 'safe'!!! Can't avoid electronic thieves these days. On top ...
Saxo Bank: "So Much Liquidity Has Been Injected In The Market, It Is Now Impossible To...
- Skracor247 commented Nov 25, 2019
That's an ugly 45 to 47 vote. Just a few more years of Brexit talk and uncertainty... Will have to wait for the actual election though since they cannot poll everyone...
UK Election Poll (ICM) - Conservatives 41% (-1) - Labour 34% (+2)