DislikedDon't overreach. Overreaching == No Fear == Greed
I guess you understand http://www.forexfactory.com/nfs/cust...ar134349_2.gif.Ignored
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DislikedDon't overreach. Overreaching == No Fear == Greed
I guess you understand http://www.forexfactory.com/nfs/cust...ar134349_2.gif.Ignored
Dislikeds&p also had a nice bounce off the 61fib from its apr-june dropIgnored
Dislikedi got out at 0057 for some nice bank. i'm currently long at 0039 so we'll see what happens. when'd you get in on the short?Ignored
DislikedI think that bull can start now...usdollar index is almost at yearly resistance,so it must go down...take a look:
http://www.dailyfx.com/charts/netdan...OLLAR|fxcm_cfdIgnored
DislikedI think that bull can start now...usdollar index is almost at yearly resistance,so it must go down...take a look:
http://www.dailyfx.com/charts/netdaniachart/?symbol=USDOLLAR|fxcm_cfdIgnored
DislikedAgreed.
and just wondering, do you still disagree with me when I said AUD was looking like a great buy at 96xx?Ignored
Dislikedattaboy. you may get another run after moody's news comes out, but it'll be short-lived as most of it is priced in (according to the talking heads).Ignored
Dislikedim just following gold, if you got a xau/usd chart, have a look u can see it rallied to the point to where aud made the 50bps cut, it looks like the 1.02 level on a aud chart, an then aud started to follow not long after, gold took the lead and aud followed, thats y im hoping gold will stay put because if it does, aud will most likely follow...Ignored
Dislikedim just following gold, if you got a xau/usd chart, have a look u can see it rallied to the point to where aud made the 50bps cut, it looks like the 1.02 level on a aud chart, an then aud started to follow not long after, gold took the lead and aud followed, thats y im hoping gold will stay put because if it does, aud will most likely follow...Ignored
Dislikedin case you don't know, that's the FXCM dollar index, not the dollar index used by the mass, which is Dow Jones i think?Ignored
Dislikedi attached the chart. aussie's in brown, gold's candle.
I certainly agree there's a correlation. I don't really recognize this rally you're talking about before the rate cut. Both AUD and gold spiked beforehand, aussie just had a bigger drop after. At the same time, seems like today's drop in gold is much more extreme than aussie's was. I don't really rely much on the extremities of correlations, just the direction. with that said, gold does seem like it hit a support. a minor one, but support nonetheless.
we shall see....Ignored