Wait for correction to the weekly central Pivot of next week, then Sell between the 21/34 EMA and below the weekly M3 of next week .
Conservative target is M1 of future weekly Pivot and agressive target is at S2 future weekly Pivot .
Shorting Euro is generally a good idea these days because you also get money (Swap) from most brokers for holding the position over night.
check out my chart, i dont really have much of an insight other than a couple bounces in a downward channel coupled with the political economic atmosphere and the fed meeting in two week, i think there is ample opportunity for a huge up swing if fed cuts rates. Time to front run the trade my friends.
All long-looking indicators point to silver being undervalued vs gold. Top chart shows silver candlesticks vs gold red line as percentage returns since 1998. Middle indicator is the Trader's Dynamic Index (TDI) which holds a combination of moving average, volatility and momentum trends. Bottom indicator is the infamous Gold:Silver ratio.
Silver is sitting on top...
What can be said about gold and precious metals? Gold has always started out as sound money, followed by monetary expansion, devaluation, and eventual collapse. Take the Roman Empire for example, money started as solid gold coins which eventually expanded with a mixture of base metal, than became worthless. Remember when a quarter was silver, penny was copper,...
The EUR/USD Currency pair will continue to fall. Why will t his happen? There are several factors directly responsible for the rapid decline of the Euro. The first one is interest rates. Bond investors invest their money in countries that have rising interest rates, such as the U.S.(2.25%). On the other hand, bond investors withdraw their money and investments...
Here I see the GBP has been having an economic battle within its financial systems. Here I see the final decline for the year of 2018 and even beyond I'm set for a LONGTERM SELL and my stop loss is above the monthly high but i dont have a target the floor is a long way a way, and may even look to create new ALL TIME LOWS!!!
AMEX:SPY
S&P 500 is following a giant descending triangle, even though on 04.18.18 it has not touched the triangle.
Overall the market is bearish short term , despite being in the earnings season. In a bullish market some neutral and positive earnings report would have been interpreted as bullish .
Increasing treasury yields may be partly to blame. As...
short term move possible to bottom of the cloud daily/rate hike in june or july not built in/europe and payroll next week /volatilyioversold/look for volatility to come on/enter on one candle your time above close/use a tight stop/this etf moves quickly with vix/diversify and use small position/yellen words not heard well because of long holiday fomc on the...
It's another brainless USDHKD like trade except not insured by a peg...
There is long term government initiatives within interest rates to appreciate the Rand.
And we all know the yen and BOJ wanting to see it much weaker...
We'll see how this plays out but I would like to catalog this as a moment of inflection on this pair with interest rates being the...
AUD/GBP Tringle Breakout at bottom.....Long and Short posibily!
After cutting the interest rate (RBA) on a new record low 2,00% (2,25% before) and a coming economic quarter forecast update a friday, so there could be a very nice move in the breakout direction!
All eyes on the interesting support or resistance level!
