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Pip Anon commented Nov 10, 2013Lol there is support near 1250, but if $40 will wipe out a gold position than they are trading too large or over-leveraged.
Gold Technicals – 1,300 Broken, But Further Bearish Acceleration Suspect
- Pip Anon replied Nov 10, 2013
There is a housing bubble everywhere. Many US cities, London, etc. That's what low rates get ya
AUD/USD
- Pip Anon replied Nov 10, 2013
IDK if it is the RBA. It's not that dramatic. They said the AUD was historically high at .90, I would assume they would intervene on the move to .97. The AUD is just not really worth holding long-term. The swap has been cut in half and the economic ...
AUD/USD
- Pip Anon replied Nov 10, 2013
1.0500 seems to be psychological, although there is some price action resistance. Look at the dollar index, it is suck underneath the 200 EMA. Some even risk will move it in either direction. However, in terms of USDCAD as long as US data is equally ...
AUD/USD
- Pip Anon replied Nov 10, 2013
Potentially, I can see that. Fibs agree with trend lines. Potential move ti 61.8% but Canadian dollar momentum somewhat waning. Canadian dollar futures looking to head downward.
AUD/USD
- Pip Anon replied Nov 10, 2013
Thanks smash, but I think to think its cuz of our handsomely similar looks
AUD/USD
- Pip Anon replied Nov 10, 2013
The .9757 was 50% retracement from the 1.0597 top. That was the big move everyone was waiting for on the way down to .8847. Boy all those accounts that got blown up. .928 i see some support, but a break down lower could happen to .92AUD/USD
- Pip Anon replied Nov 10, 2013
I just follow the charts as they are my crystal ball lol. Potentially a pull back to .9425 near the 50 EMA, but there clear downtrend. With fears of a fed taper, dollar will become more stable. And the RBA still says the AUD is "historically" high. ...
AUD/USD
- Pip Anon commented Nov 9, 2013
Can't really blame them. Purchase power parity, the euro was 20% overvalued to the dollar. The euro just went higher cuz equities went higher. And Draghi said not so fast. If anyone remembers the vast majority of institutional banks (Wells, Goldman, ...
Citi Expects "A Significant Fall In EURUSD" As Currency Wars Escalate
- Pip Anon commented Nov 8, 2013
One easy way to get smited
Whoops! Bonds get jobs wrong at the last minute
- Pip Anon commented Nov 8, 2013
enough with septaper, octaper, dectaper, jantaper, febtaper becuase it's getting stupidtaper
Dectaper getting more real after the strong NFP
- Pip Anon commented Nov 7, 2013
Bear is out of hibernation, oddly enough in the winter. Fact of the matter is that days like this clearly show the market is Fed induced. Wonder what the reaction were if we were 200 pts higher in March when the taper was suppose to hit. Just get it ...
Has the bear been awoken as fear of the Taper increase? Aussie and Euro pressured
- Pip Anon commented Nov 7, 2013
The trend was broken as it fell thru 1.37 while momentum began near 1.38 with a failure to close above 1.3841. That's what the daily told me
US dollar implodes as stocks fall
- Pip Anon commented Nov 7, 2013
Of course it is difficult or everyone would be rich. And discipline is far different than being able to read the markets. You can be a great analyst and a poor trader due to interpersonal issues. When I first started, I had a horrendous impulsive ...
US dollar implodes as stocks fall
- Pip Anon commented Nov 7, 2013
Not really. If you cannot read the markets, you shouldn't be in the markets. I get thing wrong time to time, but I don't focus on anything other than the markets and I do quite well. See what you are missing is that it doesn't matter if the market ...
US dollar implodes as stocks fall
- Pip Anon commented Nov 7, 2013
What's uncertain about it? Lol. You are only uncertain if your an economist.
US dollar implodes as stocks fall
- Pip Anon commented Nov 7, 2013
But we don't denote the US with a "/" in the middle: U/S? Lol
US dollar implodes as stocks fall
- Pip Anon commented Nov 7, 2013
Notice how the title changed from U/J to US dollar
US dollar implodes as stocks fall
- Pip Anon commented Nov 7, 2013
It's funny, you give the market shite news and it reaches new highs. You give the market good news and it sells off. And those silly institutional analysts say the market is not on Fed hopium. This market is a fecking joke. Almost 3 percent growth ...
Economy in U.S. Expands at a 2.8% Rate on Inventories