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  1. V

    a beginner's attempt at the pairs

    Looking at their latest inflation rate and compare it with US one, until the interest rate decision, NZUSD is forecasted to appreciate
  2. V

    USD index

    This wasn't expected but I did notice that the currency pair failed to cross 113 twice before it changed its direction on 30 minute time frame. When Dow Jones crossed its crucial resistance level of 20,000 for the first time in its history of over 100 years, investors all of sudden appear to...
  3. V

    a beginner's attempt at the pairs

    According to my momentum indicator, uptrend momentum was weakened when it appreciated to 1.0750. If euro depreciates below 1.07450 again, it will be a sign of weakness on 1 minute. On 30 min, there is no more uptrend momentum - it's going through correction
  4. V

    a beginner's attempt at the pairs

    EURO will report its inflation rate next week. Given the current forecasated info and holding every other things constant, the mean EURUSD is 1.0749 It may not appreciate so much from your position so better either bring up the stop or take the profit
  5. V

    USD index

    EURO will report its inflation rate next week. Given the current forecasated info and holding every other things constant, the mean EURUSD is 1.0749 If it depreciates below this level, better either bring down the stop or take the profit
  6. V

    USD index

    Japan will report it's inflation rate tomorrow. Given the current inflation rate information on US and JPY, USDJPY is clearly short candidate. I've checked the Big Mac index (PPP model) too. US needs to weaken and Yen needs to strengthen
  7. V

    a beginner's attempt at the pairs

    Consumer price index: Rates on hold as inflation bottoms The Reserve Bank has been given licence to leave interest rates on hold at its first board meeting for the year, after the delivery of a low inflation result in line with its expectations and signs it will lift. Australia's inflation...
  8. V

    a beginner's attempt at the pairs

    It's just a coincidence. To predict future as well as to work out current spot rate, there are 3 models - interest rate, inflation and PPP (Big Mac index) :) You're one of best performing FX traders on ET so don't worry, we will all make money together.
  9. V

    a beginner's attempt at the pairs

    Implied USDJPY by Big mac index JPY 380 Yen USD $5.06 Spot price for Yen = 113.600 JPY in USD = $3.34 Implied USDJPY = 74.98 Yen is substantially undervalued by Big Mac index - but it's probably because they have been in recession
  10. V

    a beginner's attempt at the pairs

    According to Big Mac index model (based on PPP), Australian dollar is currently undervalued by 15%. But I think that percentage is a bit too large though AU $4.28 US $5.06 Implied price for AUDUSD = 0.84
  11. V

    a beginner's attempt at the pairs

    Yen will strengthen tomorrow. according to inflation model, 112.32 is expected in USDJPY but current price is 113.78 so us dollar is substantially overvalued
  12. V

    a beginner's attempt at the pairs

    J curve explains the patterns we use in technical analysis. Just google it. By the way, AUSUSD is undervalued and is expected to appreciate to 0.77 next 3 months according to inflation model. I got it now why AUDUSD depreciate upon inflation report. Then the current price was 0.7590 but upon...
  13. V

    a beginner's attempt at the pairs

    Waiting for both USDJPY and AUDUSD to fall(rise) above ma 100. I will then load stop orders Anticipate yen to strengthen more given there was a series of good news on their current account. Definitely a good short According to COT report, Aussie is in bull and has just changed from bear since...
  14. V

    USD index

    I am not sure why aussie has been depreciating since the market opening. Anyway, I am keen to buy AUDUSD today because it looks to me it's undervalued. From last week, the trend has changed in aussie from bear to bull(COT analysis). Given there is uncertainty with US dollar, it's time for...
  15. V

    Trumps Next Target Industry to Short....(Drumroll Please)

    I hope you are making a right decision!! By the way, just let you know that the short selling constraint only affects major shareholders when they already know about the information (e.g. earning). However, when there is Unexpected surprises like Trump's critics, major shareholders behave...
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    Trumps Next Target Industry to Short....(Drumroll Please)

    Yes, exactly, Trump is the market force. So until he criticizes Tobacco industry in the public, my concern is it might be too proactive to buy puts on Tobacco stocks now. Edit: have no clear knowledge of short selling constraint though. Just know that generally big institutions act more...
  17. V

    Trumps Next Target Industry to Short....(Drumroll Please)

    Looking at the daily chart, there is uptrend momentum in both monthly (short) and semi-annually momentum (intermediate term). I just wonder whether buying put on them is a good idea. If there was sell imbalance then it is highly likely they were sold by retail or small traders otherwise, the...
  18. V

    Trumps Next Target Industry to Short....(Drumroll Please)

    Good point! I know he is going to correct health care issues and trying to lower the cost too. Trump is a businessman and if I think in his shoes, there is possibility that he would criticize tobacco industry. But to raise that issue, has he ever talked about smoking issue in the past very...
  19. V

    a beginner's attempt at the pairs

    https://www.ft.com/content/34ae54c0-e20b-11e6-9645-c9357a75844a The currency jumped after the 11-member court ruled against the government’s claim that it was not required to consult parliament, before then retreating. In mid-session trade it was down 0.5 per cent at $1.2464, remaining under...
  20. V

    a beginner's attempt at the pairs

    I am considering taking a long in aususd because Aussie is in bull trend since last week. Besides it's in The initial stage of bull too
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