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clockwork71 replied Jul 27, 2015This market has made a lot of people wealthy this past year if they were sellers. The opening action this week was a gap lower. We have filled it, and I am getting ready to sell if we fall slightly. Natural Gas is everywhere, and the supply ...
Silent Service Method
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clockwork71 commented Jul 26, 2015url Similar article to the chart above.....I am a believer myself, but also recognize we need another leg down......$1,000 is a good area to start thinking about it again. Gold is NOT going to $250 as suggested above. Do you have ANY idea how far ...
Gold is in its worst slump since 1996
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clockwork71 commented Jul 26, 2015This "one hike" is already priced in. Any gap in favor of the USD will be minimal at best. Calm down everyone. Only the retail traders, (read: liquidity) will be jumping on this news.
Fed inadvertently publishes staff forecast for 2015 rate hike
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clockwork71 replied Jul 26, 2015Ran across a great example of a stock you want to own over the weekend. (Full disclosure, I don't.) Amazon. Nice gap, and a continuation of real strength. Also, there was a significant amount of volume on that day as well. Because of this, the stock ...
Silent Service Method
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clockwork71 replied Jul 25, 2015Fair enough, however I think that the Bank of Japan will still work towards higher levels. Although.....I would anticipate that it could be next month before we see a significant impulsive move, with it being this time of year and all. Nonetheless, ...
Silent Service Method
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clockwork71 replied Jul 25, 2015Here is an interesting chart.......been linking the Pound recently, and a break above the highs from Friday has me going long for a bounce. image Having said this......I think the Pound looks very interesting against the CAD and AUD as well.... ...
Silent Service Method
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clockwork71 replied Jul 25, 2015Here is yet another look at the Nikkei. I think that this is one of the "easier" markets to trade at the moment, as the Bank of Japan continue to liquify the markets. Unlike most central banks, the Bank of Japan openly steps into the Nikkei 225 and ...
Silent Service Method
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clockwork71 replied Jul 23, 2015At this point in time, it looks like the USD/CAD is going to form a hammer at the end of the day. If so, we could go higher. I think oil isn't helping the CAD either.... However, it is only 2:15 pm in NY at the moment.... Chris
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clockwork71 commented Jul 23, 2015The jobs report is always suggested as being a "monster." However, if you look at the overall move after the announcement, it typically doesn't do anything but shake a lot of traders out of the market.
We just got a deafening sign that the next US jobs report will be a monster
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clockwork71 replied Jul 22, 2015Yeah got a bounce, but to be honest....I think the downside will present itself.
Silent Service Method
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clockwork71 replied Jul 21, 2015This is an example of when I will use short-term charts. Granted, 4 hours isn't exactly a quick chart, but it isn't daily - which I prefer. This is the NZD/USD pair, and as you can see we are starting to see shooting stars. It is with the overall ...
Silent Service Method
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clockwork71 replied Jul 20, 2015Thanks for the support. However, the one thing that I would stress is this: It's a long-term situation. Take your time.
Silent Service Method
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clockwork71 replied Jul 20, 2015Just wrote something for the blog you should take a look at: url
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clockwork71 replied Jul 19, 2015Yes, I think the chart coincides nicely with $50 oil. (WTI) I think we are going to see a major move soon. Will let the market tell me which way, and simply follow......
Silent Service Method
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clockwork71 replied Jul 19, 2015I am not too worried about fundamental analysis, no. I mean I do pay attention to the general attitude of the markets on a particular currency or instrument. The people that worry too much ab out the news in my opinion often find themselves chasing ...
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clockwork71 replied Jul 16, 2015Here is without a doubt the most interesting chart in the Forex world right now as far as I can see......the USD/CAD monthly. The 1.30 level was where the pair stopped at during the financial crisis from a few years ago. This area is massive in it's ...
Silent Service Method
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clockwork71 replied Jul 16, 2015I get mine from Oanada, but to be honest - all price action is acceptable. What I mean by this is that support is support, and resistance is resistance. Because of this, I would urge you to not get too worried about the closing time of a candle, but ...
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clockwork71 replied Jul 11, 2015I can't see the far left of the chart, but I think you sold the USD/SEK pair, and bought the IBM stock.......based on that: I am not sure about the USD/SEK pair. I think that it will eventually fall, but a lot of times the trend changing is a messy ...
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clockwork71 commented Jul 10, 2015You have got to be f#&king kidding me
FXTM increases leverage on ECN Zero forex accounts to 1:1000
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clockwork71 replied Jul 9, 2015Here's a fun chart: 30 yrs of silver London fix pricing. There is a trend line and horizontal support coming up at roughly $15. With this, I am going to buy more physical silver soon. The US Dollar is overvalued at the moment in my opinion, and as a ...
Silent Service Method