Disliked{quote} Here we go guys Saudis Ready To Lower Output If Iran Agrees To Production Freeze At Current Levels Of 3.6 Mln Bpd – RTRS Sources http://www.forexfactory.com/news.php?do=news&id=608111Ignored
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Hunting High and Low
USD/RUB 6 replies
Rub's accountability 184 replies
Which brokers pay big swap for USD/RUB short position? 8 replies
Shorting Eur/Rub 3 replies
Reliable broker for USD/RUB 26 replies
Disliked{quote} Here we go guys Saudis Ready To Lower Output If Iran Agrees To Production Freeze At Current Levels Of 3.6 Mln Bpd – RTRS Sources http://www.forexfactory.com/news.php?do=news&id=608111Ignored
Disliked{quote} Everything remains the same. some bounce is expected to 64.10 to close the gap. Max bounce expected 64.50. The 63.50 support is very strong, so it will take a forceful move to break it, probably news of an output freeze agreement from OPEC or something similar.Ignored
Disliked{quote} As no one can trust the OPEC members or any other official for that matter, I would say that they are cooking something and despite the whole discussion about not being able to find common ground etc they might surprise the market with some form of agreement and we might see oil popping minimum 3-4 USD. It will be an interesting short squeezeIgnored
Disliked{quote} As no one can trust the OPEC members or any other official for that matter, I would say that they are cooking something and despite the whole discussion about not being able to find common ground etc they might surprise the market with some form of agreement and we might see oil popping minimum 3-4 USD. It will be an interesting short squeezeIgnored
Disliked{quote} Very well done Manosk. You really nailed it. I am flat again in USDRUB for some days sow was missing this nice move. Looking positions again ( As always ) . But it will be during and after retracement when that comes.Ignored
Disliked{quote} We just had a big drop and we are right on the support, thinking to go long again?Ignored
Disliked{quote} We just had a big drop and we are right on the support, thinking to go long again?Ignored
Disliked{quote} Nope, Still flat. I only trade it to the short side ( bullish Rub ) . There will come an retracement but to expensive trades to be in for my trading style ( the swap against me ) and I am not intraday trading usdrub.Ignored
Disliked{quote} Very well done Manosk. You really nailed it. I am flat again in USDRUB for some days sow was missing this nice move. Looking positions again ( As always ) . But it will be during and after retracement when that comes.Ignored
Disliked{quote} Thanks Earleone! It seems at the moment that any retracement will be shallow if oil continues to be so strong. Except of course if Russian CB intervenes to weaken the ruble...I dont see at the moment why they would do that, but who knows what is going on behind the scenes. I feel that as long as oil is really going up along with the ruble there is not particular reason for them to intervene. They have also shown themselves to be very prudent, so I trust them not to be irrational.Ignored
Disliked{quote} Oil has more room to the upside. USDRUB is at the extreme with a knee jerk . So for me if I was short I would strongly consider to take the profit. But I am mostly to quick with that for Rubel my history is showing . I also dont think the CB will Intervene. So for now I hope for a nice spike ( driven by USD ) during the week so I can start to scale in to position again.Ignored
Disliked{quote} I would normally agree with you and the initial plan as posted was to close at 62.80 and wait for retracement. But at the moment I see nice momentum in oil which is a very positive sign for USD/RUB short and additionally on a weekly basis USD/RUB opened below the 100 MA which is to me a very strong signal, opening the way for an easy downward extension to 60.50.Ignored
Disliked{quote} Will be nice . I hope you nail this one too and wish you a very profitable trade. I can not take any positions at this level from my trading rules, but if this knee jerk goes all the way it is irritating not to be in position. But what we say. Better to be out of a trade that you want to be in then to be in to a trade that you dont want to be in .Ignored
Disliked{quote} Absolutely agree with you. Principles are more important that one trade, because principles will make you profitable in the long term. As I said my trade also reached my targets but due to the signs I see I have decided to let it run. I will also monitor it closely for any change in momentum and will post here my conclusions.Ignored
Disliked{quote} As an update: My short position has been closed at 62.50 for a very healthy 3.06 ruble gain. The reason behind this as explained earlier is that first I saw oil stalling at current levels and secondly USD is gaining momentum. At this moment it is concentrated on major crosses but it might spill over to more exotic crosses so I prefer to be out. We will see how it plays in the next few days and we will actively be looking for opportunities to reenter.Ignored
Disliked{quote} Impressing Manosk. Again, very well done and my congratulations. Are you looking and trading TRY? it is at the extremes for eur and usd. ( I prefer the eur trade since rollover is better ) We should find thread to discuss other nice carry opportunities too since this is the Rubel thread. ( I trade rub, mxn, try, zar, ++ . )Ignored
Disliked{quote} As an update: My short position has been closed at 62.50 for a very healthy 3.06 ruble gain. The reason behind this as explained earlier is that first I saw oil stalling at current levels and secondly USD is gaining momentum. At this moment it is concentrated on major crosses but it might spill over to more exotic crosses so I prefer to be out. We will see how it plays in the next few days and we will actively be looking for opportunities to reenter.Ignored
Disliked{quote} Update on USD/RUB: No position at the moment, looking actively to reenter short but we need to see a min retracement to 62.80 ideally to 63.65. There are 2 ways this good happen: Either through USDX gains or oil weakness. I am not seeing too much oil weakness at the moment (we would need some weakness that would send oil to 46.90) so I think we should see some strengthening of the USD through EU weakness or UJ strength that would make USD/RUB jump above 63.Ignored
Disliked{quote} Whoever was still short USD/RUB well done, this is definitely a level that I would have closed the position as Oil reached a critical level at 51.51 today and we might see some pull back.Ignored