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Panco replied Dec 1, 2014I have been in the market for about 7 years, serving some of the time as analyst in various investment firms. I focus mainly on FX and Commodities but I am also observing US equities and global indices. What's your experience?
AUD/USD
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Panco replied Dec 1, 2014That's the one. That's why I am saying they are intervening in the market to weaken AUD.
AUD/USD
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Panco replied Dec 1, 2014The RBA is not happy with the exchange rate (AUDUSD), I guess that's what is driving it lower at the moment.
AUD/USD
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Panco replied Dec 1, 2014I am short USDJPY from the highs. I am expecting a drop of +200 pips. I got my analysis from the monthly close. I don't see any reason to buy USDJPY that is already elevated at current levels. Just my humble opinion.
USD/JPY Discussion
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Panco replied Dec 1, 2014I guess the bottom head and shoulders I posted earlier in AUDUSD actually worked out. the chart never disappoints, only me and my decisions lol
AUD/USD
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Panco replied Dec 1, 2014Interest rate cut. For how long have you been trading Forex if you don't mind me asking?
AUD/USD
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Panco replied Dec 1, 2014I would keep an eye on the upper line in the chart I just posted:
Geppy's Geppy Thread (GBP/JPY)
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Panco replied Dec 1, 2014Judging the chart I uploaded, it should gain. I am just very cautious.
AUD/USD
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Panco replied Dec 1, 2014This is my analysis, classic bottom head and shoulders. The problem is, I am one of those that think the RBA is intervening in the market so I am not going to take it as a long trade. Are you in AUDUSD? I am don't have a trade yet in AUD at all.
AUD/USD
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Panco replied Dec 1, 2014Did you know most of the major analysts are expecting a rate from the RBA at the beginning of 2015? I wonder if they will hint it now.
AUD/USD
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Panco replied Dec 1, 2014I think gold rally has nothing to do with referendum results. I mean, come on, all the polls showed no support for YES.
Only Gold!
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Panco replied Dec 1, 2014New trading strategy for Gold using technical and fundamental analysis following the rally in Monday's session, https://www.ddmarkets.com/gold-bullish-rally-it-is-just-the-beginning
DDMarkets.com (Digital Derivatives Market) Trade Alerts
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Panco replied Dec 1, 2014I like the analysis. Will anyone here be up for the RBA monetary policy?
AUD/USD
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Panco replied Dec 1, 2014If you look at the chart I posted, if 1.2515 holds after a 4hr re-test (4hr close) I will probably go short.
EURUSD
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Panco replied Dec 1, 2014I personally not looking to trade oil at the moment. I made some good money from shorting Brent from 78 to 72. I am not sure the selling is over yet. I am on the fence at the moment.
Oil and Natural Gas