Australian (ASX) Stock Market Forum

International markets traders banter

Isn't it usually expressed EUR/USD?

If so does that mean its a slam dunk short?
 
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Your not alone kid!
 
Which mind set are you trading?

Was last nights Wall Street sell off really because people are genuinely worried about China's stooge leader in North Korea - Fat Ugly Toadman (translated into English)? or was it more about this -

There is a cruel irony in the fact that the US bond market gave up any lingering hope in the "Trump trade" - the dream that US President Donald Trump would move quickly to implement policies that would boost US growth and inflation - on exactly the same day as the White House scrapped the "Dreamers" immigration program.

Overnight, the Trump administration further antagonised the US business community - and particularly the tech sector - by announcing it would begin to unwind the "dreamers" program which allows immigrants who arrived in the US illegally as children, to remain and work in the country.

Meanwhile, the US bond market has lost its optimism that the Trump administration will introduce policies - such as tax cuts and a big lift in infrastructure spending - that would boost economic activity, and fire up inflation, causing bond yields to rise.
 
Was watching some pale old c^nt on CNBC, telling us that we were only half way through the secular bull market and we were just starting out on the biggest leg. Well f^ck me!
Think I'll tun my screen upside down to make me feel like buy en something
 
The reality of BREXIT begins to take hold.
'Well, we managed our way through avoiding telling the British electorate, who voted for this, that they have set Britain back about a century. Now, how to frame a catastrophe and try to look like a pig can fly.'

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DOW leaping ahead in 1000 point blocks in this perma (excluding Aust.) bull market. 24000 points next target when the fat cats get their tax break and employ more people for the masses to pay off the national debt. There isn't any giving without some taking elsewhere. ;)
 
Is this the next move in the markets, a hint of a stock that has already done so
focus on the stock that may be the one that shows us what will happen next….and this stock is AXP – American express - just look and tell me what you see
above is the DOW JONES and below is AMERICAN EXPRESS so far so good right
Well, why am I showing you those charts - because if we will take the trends in AXP we can see in 2015 the fast collapse from 96$ +_ price area to almost 50$
my guess is that the same move will appear on the DOW JONES when the decline will come, but first, we need to wait for some clues or evidence before start making shorts, for my opinion Right now I think in terms of risk and chance of investing long in the markets The potency is limited
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Heads up on the dax, could be an open drive play brewing. The es is up 3.5 points since this am and the dax has been consolidating....it could gap open and either test then resume, or range then continue after the cash opens....I'll be knee deep in kids most likely
 
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