I like the way that it's bunching up, I am short at 9.0915. I am searching for 8.5000.
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I like the way that it's bunching up, I am short at 9.0915. I am searching for 8.5000.
forgot to include chart
This pair is headed for the cellar, I doubled my position. I'll add yet another if it pulls. I feel pretty good this pair is led for the 8
Rand Steady Despite Dollar
http://www.thetimes.co.za/News/Article.aspx?id=977348
No big moves, pair continued down as I expected. I am up 1,486. I believe it continues down however I do dread a pull back again. I am moving my stop to break even and I will strongly consider shutting tomorrow morning if it's still open and not showing brief strength.
Http://www.binarytribune.com/2014/11...g-forecast-12/
This is some recent prediction concerning this pair. If anyone trading it sees this, please add your thoughts? ...
Personally I believe that USD/ZAR is way overvalued at this time. I feel that combined with USD/RUB, USD/ZAR is going to be a fantastic long term brief. Who knows where the top is going to be, but presume we're getting close to it. Even though USD strength vs the JPY and EUR may result in protracted period of USD power across the board.Originally Posted by ;
The USD ZAR now looks a little more like it's topping after a long trip up and the same cannot be safely said of USD RUB - entirely different scenarios and also the USD ZAR requires less margin and is much safer to trade.
Agree 100%.
USDZAR Daily
it ought to be interesting to find out what happens in the trend-line.
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