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raklian replied May 9, 2019For the Yen pairs, the only thing we can do at the moment is to be patient and trim some of the losses if the pain becomes too unbearable. I'm anticipating that US and China will come to an agreement of some sort because they need to anyways, and ...
Pivot Trading
- raklian replied May 9, 2019
[quote=seemesyed;12263804] 1. Did you look at EU and AU's relative locations on the pivots? 2. What are the fundamentals saying about the Euro and Aussie relative to the US dollar? Think about these things and it should provide a guide for you. P.S. ...
Pivot Trading
- raklian commented May 7, 2019
USD is still bullish in this environment. Higher tariffs on Chinese imports and EU's GDP forecasts just downgraded. Yen is now stronger and US yields are dropping, indicative of a risk-off event.
Fed's Clarida says inflation has been running on soft side, temporary factors behind some of...
- raklian commented May 7, 2019
Look at what the Yen is doing.
EU Commission lowers Eurozone GDP forecast to 1.2% from 1.3% for 2019
- raklian commented May 7, 2019
Kinda like amateurs trading forex.
Woman says a man she met on Tinder swindled her out of $200K: 'He didn't just dump you, he...
- raklian commented May 7, 2019
Smart money is about discounting fundamental events.
Nikkei Japan PMI: rises to three-month high as declines in output and demand ease
- raklian commented May 7, 2019
It's risk-off time, so you guys know what to do now.
EU Commission lowers Eurozone GDP forecast to 1.2% from 1.3% for 2019
- raklian commented May 7, 2019
AUDUSD will retrace up for a bit before dropping.
AUD/USD Chart Analysis: Bounce Hinted Before RBA Rate Decision
- raklian commented May 7, 2019
Well, she kinda deserves this for being gullible and not really thinking on her feet.
Woman says a man she met on Tinder swindled her out of $200K: 'He didn't just dump you, he...
- raklian commented May 5, 2019
Not surprised. Saw this a mile away.... actually, a few weeks ago.
U.S. President Trump was told by aides that significant hurdles remain to reaching trade deal...
- raklian replied May 3, 2019
I think it may continue down until next week Tuesday when we have the RBNZ rate announcement. It's just my humble opinion which may well be wrong. It's a good idea to have probabilities stacked in your favor.
Pivot Trading
- raklian replied May 3, 2019
It's perfectly natural to have drawdowns trading this system. It comes with the beast. In fact, it is necessary at times, due to the seemingly random gyrations of the market. It's ok to have drawdowns as long as you feel confident your understanding ...
Pivot Trading
- raklian replied May 3, 2019
Yes, you can tell GBP is being manipulated by using pivots and know the fundamentals between USD and GBP. We all know what's up. EDIT: I'm loading on GBP shorts.
Pivot Trading
- raklian commented May 1, 2019
Not surprising as Australia has cities ranking in the top 10 for most livable cities.
Millionaires are fleeing their homelands - and Australia is their No.1 choice for a new life
- raklian commented May 1, 2019
The US dollar will still be bullish. It's simply because other economies are doing worse.
US: Slowdown signals return
- raklian replied Apr 29, 2019
See my signature block below. That's all you have to do, Davit.
Pivot Trading
- raklian commented Apr 26, 2019
It's "going well" until it isn't. Trump is not a reliable indicator when it comes to actual facts.
Trump says trade talks with China are going very well
- raklian commented Apr 26, 2019
It's all about the inflation this time. The FED is watching it like a hawk, so we're not out of the woods yet.
Gross Domestic Product, First Quarter 2019 (Advance Estimate)