- Search Metals Mine
- Logix commented Oct 22, 2013
Yes LONG GBP/USD is the OPTION ,in SHORT TERM. KIND REGARDS ASAD
BoE's Tucker says bank committed to not acting prematurely on rates
- Logix commented Oct 22, 2013
Dear LOADEDGUN Dear Sir There are two options :1 . Either one may be able to move a market 2. If the answer is NO , then the entire SCIENCE of TRADING is based on simply GUESSING the DIRECTION/TREND . ALL Tools have been developed to make a ...
US Existing Home Sales Preview
- Logix commented Oct 22, 2013
Dear Sir There are two options :1 . Either one may be able to move a market 2. If the answer is NO , then the entire SCIENCE of TRADING is based on simply GUESSING the DIRECTION/TREND . ALL Tools have been developed to make a scientific and as close ...
US Existing Home Sales Preview
- Logix commented Oct 21, 2013
If the CHOICE is between FUNDAMENTALS and TECHNICALS , one MUST go for TECHNICALS. This gives a good picture for ,at least SHORT TERM . And that's what exactly has been referred to by Mr AYODHYA. The TECHNICALS are harbinger of Short term up trend . ...
US Existing Home Sales Preview
- Logix commented Oct 21, 2013
Fall in Markets ??/ At least Major Fx Pairs are going to gain . Gold as well . The DXY is about to being hit hard. SHORT TERM Trend for DXY seems to be pretty DOWN. Good luck to all . KIND REGARDS ASAD
Sales of Existing U.S. Homes Decrease as Affordability Declines
- Logix commented Oct 14, 2013
My earlier post : Last week ____------------ about Dollar : Below " Quoting guest how about usd no one is factoring here?? usd/dxy : Near ---nearer term ---down bottom of 79.00 in stages : 79.60-----79.35------79.10 regards asad
USD continues to weaken across the board
- Logix commented Oct 10, 2013
Ah ------------- What Mr KURODA said , has been so delightlfully , swallowed by the Markets ( Market Makers) . This sudden blind endorsement is ----- understandable . Soon , we should expect a Turn Around . ASAD
BOJ'S Kuroda doesn't expect US default, but if happened wouldn't change collateral policy
- Logix commented Oct 10, 2013
Hi Guys The CABLE is in UP TREND ,at least , in the SHORT TERM . BEARS need to think twice/ thrice , even today and for couple of days ahead . Neither it s TOP is confirmed , nor BOTTOM . So every BOUNCE UP reveals the PRICE ACTION unfolding itself ...
Bank of England leaves QE, interest rates on hold
- Logix commented Oct 8, 2013
The Markets are , these days being driven by mostly political front headlines /probabilities. Obviously , the USA is in top news. The SHUT DOWN , now LOOMING DEBT CEILING ISSUE -----and in PIPIE LINE ----the FOMC at the MONTH END -----with TAPE BOMB ...
Panic: 1 Month Bill Yield Explodes, Prices At 0.35% Highest Since Lehman
- Logix commented Oct 8, 2013
usd/dxy : Near ---nearer term ---down bottom of 79.00 in stages : 79.60-----79.35------79.10 regards asad
BoE to hold long term variable rate repo op tomorrow
- Logix commented Oct 8, 2013
There may be SPIKES DOWN . But the OVERALL TREND is STILL POSITIVE for GBP -----atleast in the SHORT TERM . Some STRUGGLE around 1.6135-70. If ,over come , and it seems will be cleared ,then---1.6200 on wards . This seems to be touching 1.6300 +. ...
BoE to hold long term variable rate repo op tomorrow
- Logix commented Oct 7, 2013
The Deal on DEBT CEILING may ,eventually, be reached , though with ACCOMODATIONS ,..Obviously , this may take some time in deliberations . This is inline with the spirit of Strong Traditions of USA. All are well aware of the consequences. The ...
Pentagon to recall most furloughed workers, easing shutdown pain
- Logix commented Oct 7, 2013
At least the DESIRE of BREACH of 0.9078 for USD/CHF is going to be fulfilled , shortly, in couple of hours. However , the OVERHEAD RESISTNCES seem to be pretty strong. Trade wisely . Trade nicely . Good luck to all . REGARDS ASAD PAKISTAN
USD/CHF: Failing thus far to break its resistance at 0.9078
- Logix commented Oct 6, 2013
Hi Traders I agree with Mr. Petar . His views / analysis are pretty good . In an earlier post , the projections , based on Momentum, Volume Flows , Wave patterns , PRICE ACTION and on a variety of others Parameters lead us to one direction in the ...
Support For EUR To Fade Shortly, To Decline Towards 1.30 By Year-End - Morgan Stanley
- Logix commented Oct 6, 2013
The ULTIMATE DIRECTION for USD/CHF is UP ----So may be---- it touches 0.9650 . However , it is to be kept in mind that the RECENT BOTTOM in NOT CONFIRMED . Chances of a RE VISIT DOWN ,even below , it are Quite Obvious , before any UP MOVEMENT . ...
Pound Weakens as Bets on Higher Interest Rates Wane; Gilts Fall
- Logix commented Oct 5, 2013
In My view the ANZ is RIGHT ,but, Partially . EURO may move close to 1.3760/1.3800 but ---NOT NECESSARILY NEXT WEEK --. This NEXT WEEK PHRASE is IMPORTANT. This is on Technical/ fundamental parameters basis . A careful reading may reveal the ...
ANZ Is Betting On EUR/USD Gains Towards 1.38 Next Week; Are You In?
- Logix commented Oct 2, 2013
Seems convincing ----- in view of the ongoing PRICE ACTION./MOMENTUM/WAVE PATTERNS. However , my view is upto---- 1.3765 What a matter of 25-35 PIPS ----------- Among the BLOG COMMUNITY. Breach of 1.3725 is IMMINENT now, atleast . KIND REGARDS SAEED
Euro bolts on Letta win
- Logix commented Oct 2, 2013
EURO LOW LIMIT : 1.3480 UP : 1.3590 OVER ALL TREND/SENTIMENT TODAY : UP GBP : LOW 1.6175 UP : 1.6270-80 TODAY s TREND : UP GOOD LUCK
Berlusconi says his party to vote in favor of Letta