Firering Strategic Minerals: From explorer to producer. Watch the video here.
Well done Farmer - your EU gap fill was inspired! Re USDX 7590 when is this from?
Hello Farmer - may I ask what your source for the Spanish news was - as I'm with TTN (and just cancelled) as story hit 7.18. Same story hit Ransquak at 7.11 apparently (a colleague) - wondered if your source is even better? (Also, thank you for your continual excellent posting - very impressive)
Farmer - morning - was swamped with other problems all day yesterday. Can you please let me know where the EU gap happened as can't see it myself. Just opened a DAX long - with short at 7438 - a little premature perhaps - but we will see.
No idea how significant - but just seen on board that we are about 60 points off 78.6% FIB retracement on DOW from high on 2nd May to low on 15th June. Additonally, we are also at same level as barrier of 31May and 01Jun - so will be significant if break above 12,600 tomorrow and hold - or may be we will get a pull back as one is definetely due with USDX rising!
04 July 2011 13:30:12 *(CA) CANADA MAY INDUSTRIAL PRODUCT PRICE M/M: -0.2% V 0.0%E; RAW MATERIALS PRICE INDEX M/M: % V -3.0%E- Prior Industrial Product Price MoM revised XXX from 0.5% to % - Prior Raw Materials Price Index MoM revised XXX from 6.8% to % - No revisions
Uwin - ADMIN have locked down the old board to prevent any more posting on it. This is the new board from now on. Thanks, Rob
F430 - Gold weekly pivot at 1493.8 and strugging to break this with strength now - so key time as to whether the break holds or not IMO (in terms of Gold am a virgin but watch, as prefer indices, FX).
WOW - didn't it do well. Closed as USD pulling back slightly. Profit is profit. May keep going up to 70 and probably should hold - but think safer trade is short off 70 when gets there.
Farmer - agree entirely - very strange today with US closed today . EU/USDX ranging - so have covered my long with a short order at 525 - as expecting possible (small) explosion in EU to 50 or down - as clearly EU/USD currently evenly matched in terms of strength - as am waiting to see who the winner is. On a normal day, explosion bigger, but today light volumes IMO. As I write, still undecided - EU slightly ahead though!
Farmer - thanks - I like the 14570 below R1 on IG Index charts - as well as the idea of covering both moves. Also hisotrically, had a plateau in that area 22,24,25 April and then next high to consider was daily candle of 06May at 15587. My last sentence may be complete b???, but historic S&R act very well in my experience for me, as Traders have sell orders placed here etc.
Long EU at 28, clearly should have got in at 10/15 area - but believe USDX will retrace to 7451 on IG index charts.
Morning farmer - excellent News updates - many thanks. Not copying anyone else, as signed up for Trade with Precision courses at start of year (would recommend anyone to do), and been following TWP since Sept 2010 but I watch this every week, and recommend everyone sigh up - USD analysis is very good. To sign up is free - and you get send this one email Sunday night/Monday morning linking to the 2 short videos. http://www.tradewithprecision.com/market_forecast_4thjuly2011
Admin - please bring this back as it was not only TIE's comments - but a useful advice for those spreadbetters (like myself) out there. Many of the posters (e.g. Bluesprite) advised others to loom through the hisotry for advice - and I had yet to do this - intending to do it this week. Many thanks in advance, Robert
Admin - please bring this back as it was not only TIE's comments - but a useful advice for those spreadbetters (like myself) out there. Many of the posters (e.g. Bluesprite) advised others to loom through the hisotry for advice - and I had yet to do this - intending to do it this week. Many thanks in advance, Robert