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inpatient replied Sep 13, 2013Hi Bg, yes i believe current price is a huge gift for the bears (me included) have added every 50 pips or so from 1.569. Next week taper possibility could be the signal for this house of cards to collapse. Patience and confidence is the name of the ...
Cable Update (GBPUSD)
- inpatient commented Aug 31, 2013
Im not so sure. Oil can simply not be sustained at that level of pricing. Prices above $125 for any length of time dramatically reduces growth to the point of global recession from sustained prices anywhere near $150. People taking a chartist view ...
Citi On The Coming "Black" Gold-Rush
- inpatient commented Aug 31, 2013
yes I believe so, Oil too.
Obama: will seek congressional approval for strike
- inpatient commented Aug 31, 2013
Yes its looking good for my TP at 103 on monday then will look to short anything from $110 if anything commences. Oil has become more tricky of late so will be light on the orders just in case.
Obama: will seek congressional approval for strike
- inpatient commented Aug 31, 2013
Looking for an out I think. Will likely get it too. Will be interesting. Price likely to drop on this news.
Obama: will seek congressional approval for strike
- inpatient commented Aug 30, 2013
LOL, yeah I hear you brother. Got overly confident at $107 after riding it down several times already over the last few weeks. Yes I got half the weight off and took a loss on some of it. Will see what happens over the weekend. Fingers crossed mate.
Oil prices ease as Syria tensions ebb; Metals down
- inpatient commented Aug 30, 2013
Average price is $107. Looking for $103. I had enough in reserve to handle the drawdown all the way to $121 but with the speed that it moved up to $112 it got me panicked.
Oil prices ease as Syria tensions ebb; Metals down
- inpatient commented Aug 29, 2013
Yeah I think the first moves will spike it and give a great selling opp. Just hope to unload what I have first. Apparently they will wait for the UN inspectors to get out first which is Saturday. What worries me is holding what I have over the ...
Oil prices ease as Syria tensions ebb; Metals down
- inpatient commented Aug 29, 2013
Hoping for 103 (TP set point) before any further rally to sell from again. I was heavy on oil around $107 before it went up to $112 which must have aged me maybe 3 years in 2 days I was so heavily negative on it. Might get out at $104 if I get the ...
Oil prices ease as Syria tensions ebb; Metals down
- inpatient replied Aug 25, 2013
Oil more than anything is driven by news and IMO SMA or any other indicators for oil are almost useless. Oil is ripe for trading in channels and it is just a case of recognizing where the S and D points are at any given time.
Trading Crude Oil with price action + indicator
- inpatient replied Aug 22, 2013
Hi HDA, always good to see you my friend. I don't know what happened with FXMindset. He was a character for sure. I seen him have some incredible arguments with several members a few years ago and especially remember him winding up (or trying to) ...
USD/CAD
- inpatient replied Aug 22, 2013
Hey Davit, Just seen this bro. Similar situation for me a few weeks ago with EA. I closed at a loss and the day after the damn thing turned and dropped to below what my TP was set. Backwards I went. I agree largely with what HDA has said and ...
USD/CAD
- inpatient replied Aug 15, 2013
still some of us out there my friend. Just waiting for any sell off to exit before expiry tomorrow. Egypt may escalate tomorrow (Friday) as it is the day they generally ramp up the craziness after praying for a few hours. Hoping for no gap to get ...
Sweet, sweet Oil
- inpatient replied Aug 13, 2013
Hi Kadc, I see where your coming from but EA IMO will be capped by the 50% Mofu from the extreme ranges. It is around 1.525 or so. Will be selling anything above 1.50 (and holding it this time).
Davit's Confluence Trading
- inpatient commented Aug 13, 2013
Jaygee, the British Empire was the largest in History and gave birth to much of our own nation. They gave the world much of what we see in industry, medicine, literature, sports, law and exploration. The place has gone backwards for years but ...
End of QE could mean liftoff for stocks: Wells Capital
- inpatient replied Aug 13, 2013
This might help. Treasury yields are determined by supply and demand. Treasuries are initially sold at auction by the Treasury Department, which sets a fixed face value and interest rate. If there is a lot of demand, the Treasury bond will go to the ...
EURUSD
- inpatient replied Aug 13, 2013
The money coming out of treasuries flows into bonds which causes the yield to lower due to the increase in demand
EURUSD
- inpatient commented Aug 13, 2013
In reality Johnel my first statement about everyone being short was in sarcasm as it is obviously not true. If the major banks were all short as they claim the market would have been falling from the sky. They are the market movers and we are the ...
Is Everyone Betting Against This In EUR/USD?