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DareXau replied Dec 17, 2013Well, we will see ... however, quite often recently NY'ers have rather opposite view to EU & UK traders ... and current push down can quickly change and move beyond Y/H
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DareXau replied Dec 17, 2013
I often have that impression too. However, the data isn't made up by politburo, but just reflects some statistically objective figures (in that case just sentiment ... and nothing else)EURUSD
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DareXau replied Dec 16, 2013
... that can be a good decision, but I would wait for Joe Hockey to present his Mid-Year Economic & Fiscal OutlookEURUSD
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DareXau replied Dec 16, 2013There are also other factors, which needs to be considered: what and how they say it, how it's going to be readed/interpreted, how much of it's already priced in ... and finally is all this gonna shift or make any impact on overall market's ...
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DareXau replied Dec 16, 2013
wow ... finally ... "The Wolf of Wall Street" gonna hit movie-screens on Christmas day.EURUSD
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DareXau replied Dec 16, 2013... that's just ... to testify on monetary policy before the European Parliament's Committee on Economic and Monetary Affairs, there isn't going to be anything new or different to what he has said before (press conference following the meeting of ...
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DareXau replied Dec 14, 2013Similarity of candles at same level perhaps could signal potential reversal, but for me personally it's too early to call it that way ... and as I've posted last week url ... thus rather still, I'm expecting to see some relatively higher price yet ...
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DareXau replied Dec 14, 2013... that's very simplistic approach and not accurate at all ... if, you want to learn/know more in that matter (institutional traders / hedge funds) ... then here is a link where you can start: url ... but, there is many more than just that of ...
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DareXau replied Dec 14, 2013... same data, but presented in better way than just spreadsheet is available here: url ... Weekly CFTC Trader Positioning Data ... but, please note: Data in this report cover up to Tuesday Dec 10 & were released Friday Dec 13 (all info up to ...
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DareXau replied Dec 13, 2013Well, trading should be always treated as a business and it's entirely up to you to choose right business partners to suit your best interest. image
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DareXau replied Dec 13, 2013... rather don't count on intervention, lower interest rate is also of small prospect ... bad trade figures (export/import) and higher unemployment (above 6.0) should drag aussie down ... but especially any bad data from China (consistently bad not ...
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DareXau replied Dec 13, 2013Well, it is and always was a roller-coaster ... not easy to predict aussie's moves, but there are some chances for 0.85 ... however, you need to remember that we are sitting on big pile of rocks, which everyone else wants/needs ... thus it will be ...
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DareXau replied Dec 13, 2013... new bottom would be below 0.50 and RBA isn't aiming at that at all, they wish for 0.85 but don't want to spend money on intervention, plus they aren't in position to just print more cash like others. So talking down is best tool for now.
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DareXau replied Dec 13, 2013
no worries ... I have fun too only what pissed me off ... is my long term short got stopped-out just few days ago (after a month in the market) and then went down another 200 without me ... but, shit happens.EURUSD
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DareXau replied Dec 13, 2013
... at least he & his team are consistent (over quite few months now) and that has some effect ... not like Fed's & ECB's clowns (each one with separate opinion)EURUSD
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DareXau replied Dec 13, 2013Goldman Sachs Group Inc.’s Thomas Stolper, who correctly predicted the dollar’s slide against the euro this year, is deviating from the consensus that the greenback will be among the best currencies to own in 2014.The dollar will weaken through ...
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DareXau replied Dec 13, 2013
Thanks mate, I'm always open for knowledge and someone's experience in this field.EURUSD
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DareXau replied Dec 13, 2013... patience is the key (but I'm sure, that you know it already) other factors you're mentioning above are just pure distraction in trading and there shouldn't be room for it at all, but unfortunately many are falling into that trap ... Anyway, it ...
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