iterating towards truth
With Australian political parties not being able to produce a majority government for the first time in 70 years and technical indecisiveness of British pound we can see nice and strong resistance around 1.7550 at GBPAUD. Last lower low was create…
On Sunday evening I have covered GOLD and its steep angle of moving north. Today I was very keen to watch the release of existing home sales. The number was released far below expectations: 3.83 million homes sold (lowest sales since May 1995) vs …
Just a quick look at the current steep angle of gold price movement. In last three weeks it has risen approx. 8000points($1157 on 28.7.2010 to $1237 on 19.8.2010) without any proper consolidation. That leaves one with an idea that at least some re…
My holidays are nearly over and I am slowly starting to look at charts in a more frequent manner. This week will be trade free. More kind of a observatory week of intraday moves and price developments. In the calendar we can expect several news co…
Finally, my books from Amazon arrived. It this round of book ordering I want to focus more on financial cycles and bubbles in general. For that I have chosen three books: This Time is Different – business cycles, financial crashes, crisis and boom…
Last time we could see something like that with DOLLAR/YEN was in 1995. Loong time ago in the world of Forex. Time when the word ‘EURO’ was officially adopted and four years before the EURO was officially introduced to world financial markets as a…
Saturday’s night song. Just can’t get it out of my head. Brighton night Pride was amazing. Great people + crowded streets + perfect weather + music + and of course our beloved alcohol :). Soo Alors on danse.
Still far away from my daily routines and real life responsibilities. Still far away from daily trading routines hiding in a hills of East Sussex :). My detox is almost complete. It always recharges me in a way that I can’t wait anymore to get bac…