I also a fan of naked chart and fibo.
But usually i end up fibo strip my account naked.
Forex version XVII, Foreign Exchange Market Discussion
Forex version XVII, Foreign Exchange Market Discussion
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Jan 26 2016, 07:02 PM
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#21
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Senior Member
2,748 posts Joined: Oct 2012 |
I also a fan of naked chart and fibo.
But usually i end up fibo strip my account naked. |
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Feb 5 2016, 09:44 AM
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#22
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soooo......whats your take on tonight's NFP?
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Feb 7 2016, 10:13 AM
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#23
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QUOTE(kEITh_22b @ Feb 7 2016, 12:26 AM) Coming Monday will most probably see the USD currency pairs trading "sideways" 1st... I enjoyed the read. But this is another forecast that says " usd might go up, might go down, might go sideways".Then if the US Federal Reserve starts sounding more uncertain about the future interest rate hikes (or might even consider lowering the interest rate back down); then we will see the USD getting even weaker & weaker... But if the US FED starts to sound positive about a rate increase (say in the coming month of March); then we will most probably start to see a rally in the USD once again (it will start to get progressively stronger)... Gold & oil price movements will also be greatly affected by the USD... (Both commodity price would be suppressed if USD gets stronger, but they will gain if USD gets weaker...) Canadian dollar & our MYR are greatly sensitive to the oil price movements... P.S., I'm not sure how many people/central banks would be thinking about buying USDs at this point in time, since the USD has already dropped so much & might be an attractive buy... (Because the FX market can be affected by such a movement currently)... USD has weakened a lot, but it has the potential to be weakened even further... On the other hand, since the USD has already weakened so much; it might be time for it to start getting stronger once again... |
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Feb 9 2016, 01:15 PM
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#24
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Feb 9 2016, 02:33 PM
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#25
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