Comments on: Commodity currencies turning.

By: After the sell off. | fxmadness.com

After the sell off. | fxmadness.com — Sun, 29 Nov 2009 15:14:25 +0000

[…] Commodity currencies proved to be particularly vulnerable to this development, something that is likely to continue. All their crosses had sharp adverse moves, which were correcting on Friday. Over last few weeks I used NZD-JPY as an example of these pairs, looking for a move down. Price fell hard through 63.00 support, but bounced strongly from 60.00 level. […]

By: Before Thanksgiving. | fxmadness.com

Before Thanksgiving. | fxmadness.com — Sun, 22 Nov 2009 15:07:50 +0000

[…] impressive. Currently trading ranges are nowhere near as wide, but started to increase lately. Commodity currencies are showing signs of possible reversal on important, longer term charts. I first suggested it about […]

By: RBA does it again. | fxmadness.com

RBA does it again. | fxmadness.com — Tue, 03 Nov 2009 18:26:29 +0000

[…] gains this year, but seems to be stalling on technical merit. I covered it to a degree in Commodity currencies turning post, using NZD-JPY as an example. Large scale charts were used, so not much changed in them from […]

By: admin

admin — Tue, 03 Nov 2009 06:08:56 +0000

Sounds like are becoming a nut case. But more seriously, you learn to set trading aside and don’t dwell on it every single moment.

By: admin

admin — Tue, 03 Nov 2009 06:06:58 +0000

Polprav, sure, go ahead.

By: Heather

Heather — Tue, 03 Nov 2009 05:55:12 +0000

Don’t want to be a mental case, Mike? Isn’t it too late for that? I am an aspiring trader and keep thinking about this stuff all the time, as if obsessed. Can only imagine how deeply full time traders are in it. Probably not very healthy, but fascinating.

By: Polprav

Polprav — Tue, 03 Nov 2009 01:45:36 +0000

Hello from Russia!
Can I quote a post “No teme” in your blog with the link to you?

By: admin

admin — Mon, 02 Nov 2009 18:35:32 +0000

Well, Norm, no guarantees set up will happen next week. You will have to watch charts and rocognize it.

By: Norm

Norm — Mon, 02 Nov 2009 18:04:27 +0000

Thanks for posting this gbpjpy chart. One more example to analyze that Sunday set up. Thought about yesterday but chickened out. I’ll try it again next weekend.

By: Olaf

Olaf — Mon, 02 Nov 2009 18:02:11 +0000

I have thoughts about selling AUD and NZD myself, only don’t know when. This gives me ideas that make sense!