b i believe audusd is not hot although move is clearer on upside than audjpy. real short term opportunities in audjpy will come once past 107. 1.5 month in a trade, audjpy remains on right side of 80, it is 2 cents higher. my portfolio appreciated roughly give take 20 %. 3 short term trades, up 65% but on vastly smaller base. However building up size to be able to take healthy bite out of markets. keep relaxed have fun, and only trade when real opportunity.
Yes thankyou , indeed need to relax before making next trades, audjpy has good movement on last week, but I am not open on these pair
interesting development. Everything up (i mean resource sectors here) but audjpy. Note audjpy still above 8000. In my view this is divergence and one should consider 2 directions and discard the other 2: consider 1. buy aud 2. sell jpy against anything discard 1. sell aud 2. buy jpy against anything AND discard also buy stocks sell audjpy and look for buy audjpy sell stocks so, will either market have correction or audjpy reverse. As JPY is the cause of divergence, best bet would be to look for JPY SELL signal. OR NIKKEI BUY. Japs markets the best one for trading, like their food. i bet i will know better next week after some thrilling sailing. till then, hav fun.
another week another 10 % up on my investment. AUDJPY remains on the right side. Every good trade started well in my world. As some trades do not start well and are mostly not good, odds of me being correct this time have increased since original call. Looking for 10 to 20 x low point in mining shares gold oil iron ore uran in 5 to 10 years. have not had any shortterm audjpy signal in meantime.
i am looking at audjpy right now. it is at 80.00, large support and buying now is the thing to do on technical signals, like TL break. I like 4 hrs TL breaks. gold passed 1300, came back and now sits below 1300, which makes me wary short term. sure would not be buying it below 1300.
Gold gonna test 1.1300 for sure next days, as market turn risk-averse big BOOM from China is looming large Going to short USD to 1.20 against EUR it has all chance to test this level.
Yes today movement on gold still move on hourly timefarme again, and price movement still move on these range and may called as equilibrirum area which demand and supply still balance
what BOOM ? you mean booming market. today just sprayed au banks with another large stimulus. eventually market should recognise unfair printing going on. this is when one can expect large gold gains.
my belief is gold has bottomed. there is large group of speculators waiting below 1000, and they will not get fill, so at some point will start chasing market.