Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.
Ammeo
-
Content Count
829 -
Joined
-
Last visited
Everything posted by Ammeo
-
I Read a very nice report on Gold Yesterday on Motley Fool...worth a read.. $1,200 Is an Important Price for Gold Miners (GG, NEM)
-
Is WTI Crude Shifting from Bearish Back to Bullish?
Ammeo replied to MichelGJulien's topic in Futures
We could say it is getting Bullish, Libya's oil exports are one of the worst in decades which may overall have an impact for the demand of crude oil on a Global basis... -
US July ISM Manufacturing Index rises to 55.4 beating the estimate of 52.0 S&P 500 Climbs Above 1,700 for the First Time on Stimulus Bets, Economic Reports So its China Down and US up again..
-
Intra-Daily Trading Strategy: BUY Euro Dollar / US Dollar Buy Target: 1.3297 Buy Stop: 1.3199 Enter New BUY on OPEN and exit BUY positions at Target price or at Stop price. (NOTE: Adjust Stop Loss Price according to your trading risk.) Do not reverse after exiting....
-
since the pair closed above 1330 support area... and is well above its 200-ema on its time frame charts from 5 min to 4 hours, hence it is bullish for short-term.... and may test 1375 this coming week.... breaking of which could show 1403 where heavy selling cud be seen as it is 100-day EMA on daily chart......
-
I dont think Gold is going to the 1500 level again too soon...Many market commentators are still bearish on Gold and termed it as "Still Overvalued"...there is a very low demand for gold in China too which was one of gold's major demand player in recent years...
-
the retracement of gold is still going on but it may have reached its top. The metal is having a hard time getting above $1320.
-
generally speaking top 3 indicators shoild be MACD,Stochastics and RSI..
-
By the way a top market analyst has said Gold's real (manipulation or hype-free) price is $800/oz....it may be going up for a while but its still overvalued...
-
Gold futures were little changed near a three-week high on Tuesday, as investors stuck to the sidelines ahead of testimony to Congress by Federal Reserve Chairman Ben Bernanke on Wednesday. On the Comex division of the New York Mercantile Exchange, gold futures for August delivery traded at USD1,280.95 a troy ounce during European morning hours, down 0.2% on the day. Comex gold prices held in a tight range between USD1,275.95, the daily low and a session high of USD1,283.85 a troy ounce. Comex gold prices rose to a three-week high of USD1,297.05 a troy ounce on July 11. Gold futures were likely to find support at USD1,237.05 a troy ounce, the low from July 8 and near-term resistance at USD1,301.75, the high from June 21.
-
Gr8 results Duarte..
-
Gold selloff is really a significant event in the history of Gold trading. John Paulson made a big mistake this time betting that Gold will climb higher forever and he will pay for that mistake big money..
-
I sure hope the Retail Sales will take it out of this ranging movement. I guess market participants are pretty puzzled about what the next move should be after that initial surge...
-
Yesterday EUR got Rise again in dmn high from 1.2709 to direct 1.3250. After publishing the News the amount of Buyer increased a lot and EUR turn back to its price. So many traders made huge profits that time and so many traders got loss money that time...
-
Despite minutes from the Fed's June meeting showing half of its policymakers think its monthly $85B stimulus program should be cut by the end of 2013, Bernanke's message was enough to snap markets back into buying mode. Nonetheless, Bernanke's comments were taken by the markets as much more dovish so I suspect it be good to trade puts especially on the DAX and the FTSE100. We are still in a bit of a sweet spot for equity markets. The US economy is recovering steadily and this is an encouraging sign for equity markets with future earnings expected to be good, but it is not hot enough to cause the Fed to scale back the stimulus...
-
Euro is gaining some power after the Bernanke speech assure that the FED efforts to help economic growth will continue further not only this year but also 2014 and even 2015. That gives great confidence in the major market players to buy risk assets against the US dollar last night. Today it looks that the initial bullish impulse won’t last very long but we must see what will happen before deciding to place binary options on the EUR/USD pair...
-
Will Gold Prices Double Five Years from Now ?
Ammeo replied to Larry1234's topic in Market News & Analysis
Gold is precious and precious always is precious.. , it has to get to that 1500+ level if in a couple of years bt it should in a period of 5 years...what if someone invests a hundred thousand dollars today in it may take out half a million to a million in a 5 years time..... -
It is a hard game to trade against a major trend. It will break up eventually soon but there is no guarantee it will happen now. I agree also that the central banks and some hedge fund players could really suppress the gold price, but not for a long period of time. If there is serious buying the price won’t stay bellow 1300$ for long time....
-
Eur/gbp..................
-
A lot of things changed for a relatively small down move..... Specially sentiment is now in favor of the bulls. the manipulation of CME + bullion banks + central banks + paper gold, made price go to this low and now to me its time for the bulls to make their move.. its really simple and depends on what they do. Lets suppose they make a up move above 1300, gold price suppression might set in again, i don't know how far they will want to keep doing this. it really depends on their persistence. I think you need to have a lot of capital to withstand losses if you don't want to get hurt in these games and speculate on price of gold......
-
Gbp/usd found good support after consolidating around the expected support level of 1.5140. Even better than expected U.S data was unable to take it to next support level. It has already crossed 1.5300 but at this time trading below this level. I am expecting it to continue towards next resistance level of 1.5347.....
-
Going long in crude oil following the Egypt situation which could result in a low supply from the region and subsequently high oil price .....
-
Will Gold Prices Double Five Years from Now ?
Ammeo replied to Larry1234's topic in Market News & Analysis
Personally thinking 2015 and onwards are going to be the mean reversion (+/- inflation) years for Gold when it'll try to get back to the 1500+ region.. -
Will Gold Prices Double Five Years from Now ?
Ammeo replied to Larry1234's topic in Market News & Analysis
If we compare the gold liquidity and the stock market liquidity we will see that the same percentage price move in gold could be done with much smaller capital than the same move in the US stock market alone. The size of the gold market is probably 1% of US stock market and that is why I think this correlation is a bit speculative. There is much bigger correlations with national debt instruments like bonds and notes and the stock market, but not as much between stocks and commodities. All commodities including gold, even it is not only commodity but investment too are subjected to price fluctuation due to physical demand and supply and the China problems are real treat to them, but we will see how the situation will develop in the future. -
S&P will always be higher in any 5 years gap just as the inflation rate is higher in any 5 years gap and value of the currency is weaker in any 5 years period.