nice analysis, thank you

Trading Crude Oil with price action + indicator

I wouldnt be surprised if the FED decides to raise rates symbolically today (numbers are supporting that and it might be the only opportunity without affecting the elections till Nov) and if this happens, psychologically at least this act will ...

The Really Useless Thread

A final point to mention is a horizontal line that is quite important on the daily chart at 66.73. Remains to be seen if it will be respected.

USD/RUB

I hear you but I have been hearing that for years now, and I dont doubt it but the gold market like many other markets are massively manipulated so I cannot think about it long term, except if I am buying physical, but here we are talking about ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

good call.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

whatever happens I think that we will have a retracement the next few days..Too much too fast even if it is warranted, which btw I dont think it is as far as oil is concerned.

USD/RUB

What I truly find strange at the moment is the behavior of the equity markets and their correlation with oil...For the past months we had oil going up and equity markets cheering and moving together. At the moment there is a complete disconcert with ...

USD/RUB

Good strategy. To add a couple of points here. On the 4H chart 66.06 is a critical level that we need to watch. If it is broken to the upside it will be the first time since the 9th of March that the pair revisits this MA, when it broke it to the ...

USD/RUB

Another thing as you point out is that some correlations make sense because they are oil based economies but others dont. Like USD/ZAR... And I have seen the pairs moving vastly differently so it is difficult to understand the results in your table.

USD/RUB

Good points, I had the same thoughts. I have personally seen that USD Index has greater correlation with USD/RUB but as you say EUR might be weighing on USD Index. Btw as you pointed out this is a nice level for short USD/RUB. Specifically 66.07. ...

USD/RUB

Thanks for that. Something that strikes me in a negative way is all these correlations I see here, because it just seems that RUB is in the basket with "exotic" currencies that all move in tandem although they have vastly different fundamentals...

USD/RUB

and that is why I fear an uptrend wont be coming....

Trading Crude Oil with price action + indicator

Very interesting article...lets see what the future brings. I am short btw

The Club!

Wise words! I think this is the take out of the whole story...you dont know who is behind, why they did it, what is the end game..there is so much going on that we cannot make sense anymore...even if we consider ourselves well informed and ...

The Club!

Very nice summary. We realize that reality is much more suspenseful game of thrones than the series. The only difference is that somehow we are involved and that makes it scary....

The Club!

so what is going on now? If there is a post with any political comment even for trading purposes, any at all, especially indirectly criticizing Trump then it is taken off? My comment before was also taken off.

The Really Useless Thread

I agree

Trading Crude Oil with price action + indicator

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The Really Useless Thread

yep this is what Sa7an was saying the other day.

The Club!

Good call, if I understood correctly that you wanted to buy USD/RUB after the drop to 62.8, although I didnt see anything in my charts that would have justified closing the short in USD/RUB. By the way, my monthly chart is about to give a sell ...

USD/RUB