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Showing posts from May, 2013

AUDCHF at support

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Will we see a pop here? Or break through to the 0.90 level? Looking at EURAUD I think we might have to fall further before finding significant buying interest in AUD. Except for the even number of 1.35 I don't see much resistance on this pair.

Silver levels

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The precious metals are testing bullish investors' patience. So what are the levels to look at? Here is what I figure: As you can see, one of the levels was already briefly touched and buyers came in. There is no follow-through though, so another deflationary push down to below the 20 dollar level could present an excellent entry. That will most probably coincide with a great level in gold around 1250. Round number, former resistance, that is how I like it.

Still no pop in AUDNZD

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This pair has been downtrending for quite a while. Still it shows no signs of bullish tendencies yet. I do expect a pop around 1.1750, if we drop that far. Also, AUD has been week on all fronts recently. Things are lining up for a rally in ozzy dollars, I believe.

AUDUSD with one more push down?

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Levels I am looking to buy are 0.95 and 0.9375. Should be well supported there. Update 23.05.2013: Good enough for me, I am building up a position.

Central banking, a central planner's dream

Can this go tide of money lift the markets forever? I think it theoretically can. All troubled companies can be bailed out, until all assets are on the central bank's books. How could it be otherwise? It seems to be the logical consequence, when there is one central agency with the no-limit credit card. Then we have it: true communism! A central planner's dream.

GBPUSD long (until proven otherwise)

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Until this level breaks down again cable offers a valid long trade.

A Treasure Of Knowledge

I just found this treasure on the internet. If you enjoy listening to interviews with traders and fund managers or read books like the Market Wizard series  then you will certainly also like what this website offers: http://www.opalesque.tv/

Singapore is doing it right

I wish Germany and others would understand. But they are busy trying to get the biggest piece of their pie. http://www.sovereignman.com/trends/one-place-thats-really-doing-it-right-11835/ Thanks Mr. Black, interesting article. Economic permanent residence in Singapore is somewhere around 2.5 million dollars. http://ntlimmigration.com/singapore-immigration Another day maybe :)

AUDNZD

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This pair should find some support around 1.20

Twitter tool

Want to know who of your twitter friends is not following you back? My tool can help you! Matter of Twits

Do fundamentals matter?

I have spent so much time trying to adapt "my interpretation of the perceived fundamentals" (= my reality) to the market's moves. The longer I trade and follow markets the more I think fundamentals are nothing but a background theme. Technicals do matter. Value is very relative. What are your experiences? Should I keep searching for the right interpretation?