Comments on: EUR/USD Weekly Outlook and Daily Signal

By: Lehmann

Lehmann — Tue, 17 Nov 2009 15:18:13 +0000

Take a look at the AUDUSD. is that not a hammer on 1 hour chart at 7.00 am NY time?

By: ZAR

ZAR — Tue, 17 Nov 2009 04:57:07 +0000

Hallo Mark
Thank you for a great site!
Today I have an question about the gbp/usd?
On the hourly graph, I see a perfect shooting star??!!
Do you think it is now a good time to sell the gbp??
Beacause of that shooting star?

Thank you Mark

By: zam

zam — Tue, 17 Nov 2009 04:35:47 +0000

Good info!! thks

By: Markus

Markus — Mon, 16 Nov 2009 22:53:56 +0000

K, Thanx for answer both of u. That explains alot.
I have another one…

When the S&P500 goes down USD goes up, but not necesarely the other way around. This is your experience as well right?

When USD is doing porely Gold is up. Is Gold likely to go down when USD is moving up again?

And Is there anytihng that effects the EUR in a similar way?

Hope i dont bother u guys too much with this stuff, im just curious.

By: piphut

piphut — Mon, 16 Nov 2009 22:07:58 +0000

gold up, USD down (so EUR/USD goes up). This is because gold is generally seen as an inflation hedge. So if the dollar is doing poorly or forecasted to do poorly people will put money into gold to balance out their portfolios.

gold and AUD/USD have the best correlation. From 2002-2005 US gold prices and the Aussie had a 90+% correlation.

By: David

David — Mon, 16 Nov 2009 22:03:23 +0000

Normally gold up and USD down, some think gold is going to 1300 with corrections along the way, the timeframe would be any ones guess

By: Markus

Markus — Mon, 16 Nov 2009 21:46:22 +0000

I have questions…

Gold, how high can it go, whos buying at these prices? Must go down soon, no?

And isnt the USD and Gold connected more or less, so if gold goes up, so must the USD, Or am i wrong? (Im thinking about the federal reserve, i think)

By: Jevgenij

Jevgenij — Mon, 16 Nov 2009 20:53:36 +0000

i mean i place two orders one exactly at 1.5015 and one more a bit higer …

So any ideas will it build a base on top of 1.4950 and continiue to go up or down ?

By: Jevgenij

Jevgenij — Mon, 16 Nov 2009 20:46:48 +0000

Mark all the work you do is great ! I think every one apresheate it and all those new ” toys ” are usefull :)
instead of jumping from one website to another we get it all here :)

If some one doesent know how to use them can ask how and i think there will always be one who will help … if its still to complex for some one then DONT USE THEM :D hehehe

ohh by the way entry order was missed for 0.5 pip hahahahah

By: Ed

Ed — Mon, 16 Nov 2009 20:36:41 +0000

Me thinks you speak for the majority David! ;)