Welp, can't wait til monday. (Maybe Tuesday)

Aussie Trading Room and Cartoons Gallery

Price is not going to be moving until monday.

Aussie Trading Room and Cartoons Gallery

Okay, so the move happened today, and gold is at 1690. Can it get up 10 more bucks?

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Looking at the AudChf, price broke through the TL after breaking the 50 EMA. Now, price may have found support at the 100 EMA after the Benranke speech. Considering price sometimes does retrace back to the most recent TL broken and considering that ...

AUD/USD

There's also French, since I believe Genoa was occupied by France. As for the triple bottom, if price can breaks out of the 1.033 area past 1.035... I personally think we have lower to go before we can go up. 1.02 is the level I've got my eye on.

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I don't know if you've actually read the article... Buuut he's ethnically both, but nationally none.

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I like this thread has a lot of analysis. Though, I like do like to be poetic. It seems like birds are fishing today while "skilled" jet pilots crashed and burn trying to bounce off the lake. Here's a cartoon I posted somewhere elsewhere... I can ...

AUD/USD

If 1.03 breaks, next area of interest is ~1.0255. 4H

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Has anyone ever seen birds seemingly dive towards a lake only to "bounce" right off the water? Even skilled jet pilots can do this. Let's see if this bird is just trying to get some extra lift or really looking for some fish.

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Couple pips shy of 1.0315. If this breaks, then 1.03. If that breaks, then 1.025~1.02.

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There's 1.0315, then there's 1.0515.

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I believe I may be stretching the definition of commercial to fit my own bias. (I'm a big fan of Sim City.)

Why Is Price Doing What It's Doing?

Well, they do, but not in the sense of a business. Banks trade currencies with each other, and the videos I've seen, it looks a lot like poker. If a bank in Hong Kong wants to buy 150 million sterlings, the English aren't just going to let them have ...

Why Is Price Doing What It's Doing?

I understand that commercial positions are usually for hedging purposes. If an airliner is expecting fuel costs to go up, they can go buy some futures or something to combat the costs. However, they buy in such bulk unlike the retail trader does. ...

Why Is Price Doing What It's Doing?

Something like 1.5 mil. They take a serious amount out. I believe you have to pay double tax on it, as well. Lottery and income if you're a professional gambler. In a lot of states the tax is too much to even be a winning player.

What are similarities between trading and gambling?

Poker in the States is a game of skill. This is huge news for iPoker. (Black Friday charges have been significantly reduced thanks to this.) url You don't play your cards in poker, you play the people.

What are similarities between trading and gambling?

I'm thinking 1700, 1750, then 1800. I can't post any good analysis because I can't trade gold so I don't get any good charts, but you can see S/R and S/D levels. Gold pretty much popped on my Bday last year, I'm not very sure as the reason stated ...

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The daily AudChf. Support from TL and EMA 50 and 100. There's a few other TLs that can be drawn, but this is the most obvious. There's also some other things, but it looks like there could be enough support to hold price up for a little longer.

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I would imagine there's a lot more commercial orders. A lot more! You can see the C.o.T. report from the C.M.E. and this will give you a clue, though because it is a lagging report, it should only provide clues and not a clear answer. It is possible ...

Why Is Price Doing What It's Doing?

There's commercial trades, fund trades, then retail trades. Retail trades are most often wrong while commercial trades are most often right. We can conclude that in order to make money, one must be able to buy low/sell high. If commercial traders ...

Why Is Price Doing What It's Doing?