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- Piksol commented Apr 14, 2018
Likely, we will have a sell-off during the Asian and early European market hours but I have a gut feeling New York will reverse it and wipe out the losses. Well, will see how the Asian and European markets will do.
- Piksol commented Apr 14, 2018
Live weekend prices shows the DOW down 100 points Dax -49 FTSE -24 and Bitcoin up 145. Appreciate could change as things progresses and the picture becomes clearer..
- Piksol commented Oct 11, 2016
Gordhan has been resisting making certain appointments to state enterprises like SAA and has been on a collision course with the President. Even if those crimes were committed, the timing is questionable. Why bring them up as if you want to silence ...
- Piksol commented Sep 5, 2016
True, indeed. They have only managed to spoil the rally which was in progress since last Friday.
- Piksol commented Jul 24, 2016
The only good thing for us as traders is to know how the market moves when these guys print more money into the market. The tendency is risky assets rises and the respective central bank's currency weakens. Hence, trading with that in mind is like a ...
- Piksol commented Jun 21, 2016
If this is what it takes to work for a bank then this should be enough reason to be a self-directed trader/investor
- Piksol commented Mar 2, 2016
I can see a crude H&S panning out which could take us up to 1.4160. However thare is event risk in 30 minutes. So GBP could plummet depending on that risk.
- Piksol commented Sep 15, 2015
Remember guys, send a thief to catch a thief. Of course he knows all the tricks and is supposed to be professional enough to be impartial.
- Piksol commented Sep 9, 2015
They are not helping the rest of the world in the sense that their country is one of the worst indebtedness countries and by keeping them artificially low or negative they are in effect forcing the creditors to get less from their investments, hence ...
- Piksol commented Sep 2, 2015
Is it not simply a cese of the Saudis being subsidised through the back door by uncle Sam in order to punish certain players like Rusia, Iran etc?
- Piksol commented Aug 31, 2015
You might have ti think again. This could happen as early as this October. If you have USD denominated accounts say if you are American then you might have to think twice in case this comes to fruition, come the IMF/world bank meeting where they ...
- Piksol commented Aug 24, 2015
Good thing is more and more of us now trade what we see and not what they say. Who would still believe them after the Libor cases. The set up was there on the charts and well you just go on and follow your setup. Best would then to place the trade ...
- Piksol commented Aug 12, 2015
Apparently the crush had more to do with the overnight cut in the Chinese curency than with the German/Greek issue. The SPX500 futures crushed during the Chinese news and stock markets in Europe and US have ben on a downward spiral since then
- Piksol commented Jun 29, 2015
Besides gapfill these levels serve as breakdown level hence probably a re-test with likelihood of going down
- Piksol commented Jun 29, 2015
Not necessarily Chinese buble but also the EU Greek issue. The Dax gapped almost 600 points down this morning. I just hoped no retail trader had an open long position.
- Piksol commented Jun 29, 2015
We are now less than 50 pips for the gapfill created at the open last night. One wonders whether the EURO will slide back down after the gapfill.
- Piksol commented Jun 25, 2015
Those who are patient will reap big in this whole debacle
- Piksol commented Jun 25, 2015
What it boils down to is just follow what the charts are telling you; more of downtrend in EUR before the massive recovery on news that at the end of the day they are pouring more money into Greece.
- Piksol commented Jun 23, 2015
One wonders why he should come up shouting about it on the roof top, just implement the rate hikes and the market will react accordingly in due course. Rather than just distracting my trades which were working well on both the Dax and the SPX500, ...
- Piksol commented May 5, 2015
Well, so this is what is interfering with my smooth sailing position.