This is a long term trade (I would give it a year), so you have to allow time as well as need to have low leverage because you need to allow for space. You also need to take into account the increased volatility lately in the markets, so yes there ...

USD/RUB

very interesting map, thanks

The Club!

Absolutely right. They talk about resolutions and crap like that as if they matter. If they see profit they go right in. And especially Turkey...Turkey has played a very dirty game so far in the Syrian war. The Kurds have protected its borders ...

The Club!

Quoting your post was not meant as a way to discredit it or contradict your statement. It was just an observation that this kind of information tends to surface when oil is at 28 not when oil is at 110. That's it. Whether we have enough oil for the ...

Oil and Natural Gas

precisely

Oil and Natural Gas

I will just say one thing, based on my years of professional experience in the market: If you remember what happened in 2008 when oil hit $150, everyone and their grandmother, including well known investors, had joined the tune of not enough oil, ...

Oil and Natural Gas

Do you have any more updated analysis? many thanks in advance

Raeu_r:r_4H

But as far as I am concerned the recovery has started.

USD/RUB

As the fate of the RUB is closely connected to oil at the moment (meaning no action from central bank etc) I would say that it is partly a temporary reaction but the fact is that certain technical levels will hold. Especially in the absence of ...

USD/RUB

For whoever trades XAG, take note of this pattern on daily image

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

I see a bullish engulfing pattern on daily in oil. Obviously connected with the hype of oil ministers meeting but oil traders should be aware. image

Oil and Natural Gas

For anyone who trades USDRUB: My next support levels for USDRUB are 75.04 on the daily and 74.90 on the H4. If it breaks these next support is at 72 and change and then below 70.

USD/RUB

agreed. And during uncertain times Gold also tends to rise. Today Gold is going down as a retracement to a huge move, to put things in the right perspective. I hope no war breaks out between the big powers because this is not good for anyone but for ...

USD/RUB

Another interesting fact that can benefit RUB, read below. So if any of the two - oil or gold - improve then we should see interesting strengthening of the RUB. url

USD/RUB

Dont forget that the real trading hours for oil is up to 5:30 pm, CET. Oil had started the move but really rallied afterhours for USDRUB.

USD/RUB

Forgive maybe my ignorance but also disbelief, but I would be very careful with all these so called exotic currencies. Usually there is a good reason why there is huge interest rate differential between the exotic currency and USD. I dont know the ...

USD/RUB

Yes, otherwise it is not a carry trade

USD/RUB

No quite the opposite. I am assuming as I wrote in earlier comments that oil cannot continue to tank indefinitely. I believe that 25 USD for oil is possible but not sustainable. Oil will recover and 50 USD is not unreasonable. And RUB will recover ...

USD/RUB

In my view short USDRUB is the only carry trade left. Beyond the great profit potential that this trade offers, earning money every day by holding a position is something traders only dream of these days.

USD/RUB

The point is that as in the case of oil, one cannot bet on a specific direction for too long without expecting that there is in fact some kind of fundamental change that will cause a paradigm shift. There is bound to be some action or reaction from ...

USD/RUB