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raklian replied May 1, 2018Also helps to know the general sentiment of the currency. If it's very strong, it's likely to keep pushing out of the middle pivots. You'd have to keep your finger on the fundamentals and judge whether the movement has fully priced in the latest ...
Pivot Trading
- raklian replied May 1, 2018
Perhaps. I concur there's still plenty of fuel for CAD's strength due to it beating GDP m/m forecast. But if you look at the oil price, it's now dropping from its high, so the odds of a pullback is greater. Best to look at price action at this ...
Pivot Trading
- raklian replied May 1, 2018
I think NC will take off after tonight's NZD Unemployment Rate news. I think it matters not what it will show as NZD has been a bit discounted too far. Anything can happen and probabilities are our edge.
Pivot Trading
- raklian replied Apr 22, 2018
Monday AUD CPI q/q 0.5% 0.6% - Aussie could keep going lower if readings negative, especially if it fails to climb to within Reserve Bank of Australia’s 2-3% target band. Investors will push back expectations of RBA raising rates. Continue to sell ...
Pivot Trading
- raklian commented Apr 21, 2018
That's a little too conspiracy nutty for me.
North Korea says it will stop nuclear tests, abolish test site: KCNA
- raklian commented Apr 21, 2018
You're forgetting the biggest elephant in the room. Ballooning US government debt with nary a spending cut or tax increase as far as the eye can see.
US: Are we heading to recession?
- raklian commented Apr 21, 2018
Do we really believe them? I mean, they've broken promises with us in the past.
North Korea says it will stop nuclear tests, abolish test site: KCNA
- raklian commented Apr 20, 2018
There's a fine line between having balls and being reckless, you know.
Looks like OPEC is at it again. Oil prices are artificially Very High! No good and will not be...
- raklian commented Apr 19, 2018
Never trading CHF ever again.
Swiss franc falls to 1.20 per euro, first time since Jan 2015
- raklian commented Apr 19, 2018
Wished it had "accidentally" landed in my bank account. I wouldn't have minded escaping to a far-flung country with no extraction treaties with USA. :-P
Deutsche Bank "Mistakenly" Sends $35 Billion Out The Door
- raklian commented Apr 19, 2018
I guess there's going to be a raid at Tallinex's premises.
CFTC seeks default order against unresponsive Forex broker Tallinex
- raklian commented Apr 18, 2018
Cut defense in half and give rest to NASA!
Trump budget director: White House to release spending-cuts package in coming weeks
- raklian commented Apr 18, 2018
And then NK and US will invade China, right!? Who've thunk it!?
Mike Pompeo met with Kim Jong Un in North Korea last week. Meeting went very smoothly and a...
- raklian commented Apr 17, 2018
He keeps using the juvenile word "deal" as if he is an expert on it. He's such a kid.
While Japan and South Korea would like us to go back into TPP, I don’t like the deal for the...
- raklian commented Apr 17, 2018
When Bitcoin crashes into oblivion, then what?
Man Pays $75 for Subdermal Chip Implant to Store Bitcoin
- raklian commented Apr 17, 2018
Direct talks? More like demanding them to give up nukes without any concessions on our part. The cycle continues.
Trump Says U.S. Has Started ‘Direct Talks’ With North Korea
- raklian commented Apr 16, 2018
Not if those traders/investors were hit a huge tax bill.
Bitcoin traders are banking on a big rebound once tax day passes
- raklian commented Apr 13, 2018
What overheating? It's a mirage to begin with.
Fed Rosengren: Fed May Need Restrictive Policy To Avoid Overheating