Haha they are quick...I have been betting on the Russian Ruble for the past four months.

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correct, it needs to be sustained in the daily time frame. I think the whole think with Doha is buy the rumor sell the fact. Whatever comes out of there, short of outright cut in production, will not satisfy the market participants so we are likely ...

Trading Crude Oil with price action + indicator

very nice

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Big hurdle to the upside for oil here at 40.29. If it breaks then we can see even 45.

Trading Crude Oil with price action + indicator

completely agree with you. Beware of BOJ

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Thanks chess king, I think we might be in the same direction in the UJ. I think UJ will go up.

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So in this sense shorting the USD/RUB pair makes a lot of sense if you are bullish in oil. It is a way to play the upside in oil while making money on the swap every night. It doesn't happen very often that you have such a possibility.

USD/RUB

I totally agree but if it is an consolation, it is the same thing globally at the moment. Do you think that inflation in the US or Europe is zero? Of course not, but they give you zero interest in the bank account because the monetary policy at the ...

USD/RUB

Interesting chart. I have the feeling that the break will be up...I think that the USD Index might fall and while UJ will appreciate EU will also go up.

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Sorry stylinex I dont understand. Why would a currency depreciate if the holders of this currency enjoy high interest rates? I would much rather prefer to hold rubles if I get 11% interest in my deposits rather than USD that I get zero.

USD/RUB

I wouldnt trust any of the two parties. Goldman because of its incompetence (they had to abandon 4 out of their 5 trades of the year in January already) and Russia because I dont trust any government. One thing to note though here is that there were ...

Trading Crude Oil with price action + indicator

interesting perspective, thanks for sharing that EasyGame, I agree that the direction is down.

USD/RUB

40.34 in oil is coming

Trading Crude Oil with price action + indicator

If oil breaks through the current levels at aroung 38.18 decisively (4H and daily) then we are looking at over 40 in a very short time.

Trading Crude Oil with price action + indicator

excellent article

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you know why she says all that stuff? She is planning on weakening the USD, similar to what the US did in 2009 to stimulate the US economy...

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I was trading options professionally, and I can tell you VIX can go very low and stay there for quite some time. Also let's not forget where UJ is coming from...80s. So yes there is some room to go. The point with indices, and that is a realization ...

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For sure an interesting and very credible theory

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Totally agree

Trading Crude Oil with price action + indicator

Interesting analysis, thank you. I have to say that on my charts it I have buy signal in the weekly, it bounced nicely off the 100 MA in the daily and yes there are a lot of hurdles on the way up, such as 38.32 in the daily, 37.40 and 38.07 on the ...

Trading Crude Oil with price action + indicator