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OrionsWay replied Jul 17, 2007USD's Hegomy is king. Our ability to control on others balance sheets is our power.
Cable Update (GBPUSD)
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OrionsWay replied Jul 17, 2007USDX had the highest traded volumes on july 9th 10th in many many years. Selling climax then drifted down to dbl bottom, hasnt budged lower since and its not gonna
Cable Update (GBPUSD)
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OrionsWay replied Jul 17, 2007looks like tics covered a cpl months worth of deficits
Cable Update (GBPUSD)
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OrionsWay replied Jul 17, 2007Monarch, Cad likes quarters or thirds from what i have seen really likes 75%
USDCAD trend reversal?
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OrionsWay replied Jul 16, 2007This Is a Dollar selling climax, USD can go nowhere but up 100%
USDCAD trend reversal?
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OrionsWay replied Jul 16, 2007Is a buyer, buyer buyer not a seller seller seller. USD is about to scream here, better fasten seat beat.
USDCAD trend reversal?
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OrionsWay replied Jul 16, 2007Maybe BUt Yen is being support they are absorbing all the selling
Daily GBP/JPY analysis
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OrionsWay replied Jul 16, 2007Another note to add W.D Gann also says that any retracement that breaks that normal cycle of correction should be seen as a reversal of trend, just a note for the mind maybe.
Cable Update (GBPUSD)
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OrionsWay replied Jul 16, 2007some daily projections with a tradable safe zone for those willing 249.85 249.56 249.26 247.46 247.25 247.05 248.98 247.83 safe zone revised SPREADS not included in these numbers Today we have a bias for upward expansion of the range
Daily GBP/JPY analysis
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OrionsWay replied Jul 16, 2007Monarch, hard tellin major support sits at 0416 0406 the pink and blue lines along that decending red 1x1 angle a close below that could be free game for 0335 and beyond. Volumes are drying up on the sell side. Shake the dice
USDCAD trend reversal?
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OrionsWay replied Jul 16, 2007USDX vol oi looks like the coffers are about full $Bulls about to kill the bears and make throw rugs LOL
Cable Update (GBPUSD)
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OrionsWay replied Jul 16, 2007Ces, i think we are getting close now. Ultimately its our backs paying the bills with consumer prices, shipping costs, manufacturing cost. 100$ barrel will drive any economy into depression i think. No consumers= no prudction=1 2 3 what are we ...
Cable Update (GBPUSD)
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OrionsWay replied Jul 16, 2007I believe canada tar sands are the largest reserve of oil, yet expensive to extract 30-40$ a barrel will be coming online in about 1.5 years or so, US has unlimited access to such extractions. Just imagine USA uses roughly 230 million Barrels a day ...
Cable Update (GBPUSD)
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OrionsWay replied Jul 16, 2007Yes, any activity that is measured whether absolute volume such as futures or tick volume such as many brokers and place any value to it is relevant to the spread of any bar for every chart consists of that same spread give or take globally. Thanks ...
Cable Update (GBPUSD)
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OrionsWay replied Jul 16, 2007!. Zero sum market= FOREX every buyer must have seller, dominated by order flow creates a winner/ loser 2. Daily trading volumes, not gonna explain volume buy a book its difficult to understand, exhausted means lower daily players. So who is playing ...
Cable Update (GBPUSD)