10.7 CSS

[AnGri]

this would only make sense if you have more than one or two pair combination for this "exotics" offered from your broker ...

Tommaso, thanks for your help.

[nanningbob]

Bank Holidays last week seemed to put a muzzle on the market but that's life.

This week looking at fundamental news. BOJ announcing its increasing its sales in June should push the JPY lower across the board but its not saying when only that there will be 8-10 sales during the month. The interesting thing about this is the BOJ seems to be the only buyer at this point. So if you understand sell bonds and then buying them to put more currency into play then you got it. At least the USA is buying bad mortgage loans every month withe hopes that some day they could become valuable property. How strong is the real question.

JPY sells were good all week. Did will on them. will continue to sell JPY sell except for eur/jpy. I would think there would be a retrace coming but ................ BOJ is doing bond sales unannouced so we dont know when they will sell them. I think they are trying to keep buyers out of the market by blind siding them at anytime. SO I will just JPY sell and reenter if it retraces with 2 levels.

USD and CAD still on top and probably will stay there. GBP in the middle with the aud. The aud did not go down with the nzd soooooooooo will it or ???????????

Except for selling the usd/jpy I stayed away from it. Now it is starting to angle down but is still the strongest currency. That may not change. Cad is falling though.

I read the eur and chf as one line now and they are on the bottom. News stories of how the euro will decide to join the depreciation party. If they do it will continue to stay on the bottom, if they dont expect it to rise dramatically as the euro bulls will come out in force. Anyway Thursday is the news day for the euro so I would expect it to be flat this week while it waits for Thurs. news

I sold the eur and got out at the right time on the Thurs. spike. It went way beyond the TMA bottom so I got nervous and closed. Then BAM!!! someone bought euro across the board. There are some real disagreements over policy in Europe but I will stay with selling it. Watch out when it gets back down to 1.35 again. Someone (probably Germany) maybe defending that line. WE will see. Still I am strong euro weakness.

The FT is out with an article citing senior ECB officials on what the central bank will do at Thursday’s meeting. Senior ECB officials have hinted that they will also present measures to tackle the plight of the eurozone’s struggling SMEs to counter what ECB president Mario Draghi this week dubbed a “pernicious negative spiral” of low inflation and tight borrowing constraints.Jens Weidmann, Bundesbank president, is planning to support the ECB’s proposal to ease constraints on smaller businesses in more troubled parts of the currency bloc,

So I will be looking for usd, cad, buys against all others. If JPY starts to sink I will go with JPY sells and AUD and NZD buys. GBP plodding in the middle so put the TMA on the chart and sell high and buy low.

AUD moved up as I thought it would and the NZD will be right behind it. Strongly recommend aud and nzd getting stronger. see CSS pic below.

JPY and EUR weakness
aud, nzd getting stronger,

USD probably will hang onto the strong currency position
GBP ripped in half with some going strong, some growing weak.

[nanningbob]

REALLY THE FIRST SLOPE INDICATOR??? WONDER WHERE THEY GOT THAT IDEA FROM. :youknow:

Most people use moving average the wrong way.

The best way to use moving average,hands down, is use its "slope
degree":

http://www.financialjvcalendar.com/calendar/MA

It's actually simple.

When this moving average slope degree is great, the trend is strong.

When it's small, the trend is weak or the market is moving sideways.

Did you notice that? Works like magic.

The problem is... there's no indicator that can calculate the slope
degree accurately.

Until now...

There's a new indicator that calculates moving average slope degree,
reliably and accurately.

And it's free.

You can download it here: http://www.financialjvcalendar.com/calendar/MA

I don't expect it to last long, given the attention it's been getting
right now If you're interested, I suggest you grab it right away...

Take care,
Anthony

[nanningbob]

OK its a race to the bottom. The JPY has taken the early lead with the eur&chf tight behind him. The CAD has hit the stop sign and will try to catch up the gbp not wanting to follow but is being slowly drug along with the euro. The USD trying to find good news so it wont go with it.

MEANWHILE.

AUD is going to the top and probably stay for a while. NZD is shifted to overdrive and will try to match here sister race car the AUD. Its summer time and its time to load up on NZD buys as it goes flying up the chart. With the highest interest payout its ready to rock and roll once again. After 5 months of goofing around the market is back to normal. AUD follows NZD and both go the opposite of the JPY. YES its time to make some money.

[nanningbob]

OK its a race to the bottom. The JPY has taken the early lead with the eur&chf tight behind him. The CAD has hit the stop sign and will try to catch up the gbp not wanting to follow but is being slowly drug along with the euro. The USD trying to find good news so it wont go with it.

MEANWHILE.

AUD is going to the top and probably stay for a while. NZD is shifted to overdrive and will try to match here sister race car the AUD. Its summer time and its time to load up on NZD buys as it goes flying up the chart. With the highest interest payout its ready to rock and roll once again. After 5 months of goofing around the market is back to normal. AUD follows NZD and both go the opposite of the JPY. YES its time to make some money.

IF you remember our 10.6 reads the NZD is about to cross the 240 line across the board. I am locked in and ready to fire.

[rocketman99]

OK its a race to the bottom. The JPY has taken the early lead with the eur&chf tight behind him. The CAD has hit the stop sign and will try to catch up the gbp not wanting to follow but is being slowly drug along with the euro. The USD trying to find good news so it wont go with it.

MEANWHILE.

AUD is going to the top and probably stay for a while. NZD is shifted to overdrive and will try to match here sister race car the AUD. Its summer time and its time to load up on NZD buys as it goes flying up the chart. With the highest interest payout its ready to rock and roll once again. After 5 months of goofing around the market is back to normal. AUD follows NZD and both go the opposite of the JPY. YES its time to make some money.

Watch out for NZD interest rates on Wednesday. Expected to rise which will send a rocket up NZD as you suggested due to EUR on negative interest and NZD highest in developed world. Massive inflows expected to safety.

[nanningbob]

OK its a race to the bottom. The JPY has taken the early lead with the eur&chf tight behind him. The CAD has hit the stop sign and will try to catch up the gbp not wanting to follow but is being slowly drug along with the euro. The USD trying to find good news so it wont go with it.

MEANWHILE.

AUD is going to the top and probably stay for a while. NZD is shifted to overdrive and will try to match here sister race car the AUD. Its summer time and its time to load up on NZD buys as it goes flying up the chart. With the highest interest payout its ready to rock and roll once again. After 5 months of goofing around the market is back to normal. AUD follows NZD and both go the opposite of the JPY. YES its time to make some money.

Watch out for NZD interest rates on Wednesday. Expected to rise which will send a rocket up NZD as you suggested due to EUR on negative interest and NZD highest in developed world. Massive inflows expected to safety.

I am loaded and ready to go. Even if they dont and it spikes down it will only be temporary.

[Geges]

OK its a race to the bottom. The JPY has taken the early lead with the eur&chf tight behind him. The CAD has hit the stop sign and will try to catch up the gbp not wanting to follow but is being slowly drug along with the euro. The USD trying to find good news so it wont go with it.

MEANWHILE.

AUD is going to the top and probably stay for a while. NZD is shifted to overdrive and will try to match here sister race car the AUD. Its summer time and its time to load up on NZD buys as it goes flying up the chart. With the highest interest payout its ready to rock and roll once again. After 5 months of goofing around the market is back to normal. AUD follows NZD and both go the opposite of the JPY. YES its time to make some money.

Watch out for NZD interest rates on Wednesday. Expected to rise which will send a rocket up NZD as you suggested due to EUR on negative interest and NZD highest in developed world. Massive inflows expected to safety.

Intersesting little read in light of your comment.



http://tvnz.co.nz/business-news/nz-doll ... ng-5996836

[nanningbob]

OK its a race to the bottom. The JPY has taken the early lead with the eur&chf tight behind him. The CAD has hit the stop sign and will try to catch up the gbp not wanting to follow but is being slowly drug along with the euro. The USD trying to find good news so it wont go with it.

MEANWHILE.

AUD is going to the top and probably stay for a while. NZD is shifted to overdrive and will try to match here sister race car the AUD. Its summer time and its time to load up on NZD buys as it goes flying up the chart. With the highest interest payout its ready to rock and roll once again. After 5 months of goofing around the market is back to normal. AUD follows NZD and both go the opposite of the JPY. YES its time to make some money.

Watch out for NZD interest rates on Wednesday. Expected to rise which will send a rocket up NZD as you suggested due to EUR on negative interest and NZD highest in developed world. Massive inflows expected to safety.

Intersesting little read in light of your comment.



http://tvnz.co.nz/business-news/nz-doll ... ng-5996836

You will learn not to listen to these idiots. Did you analyze what he said. Here let me quote one sentence of the article. Headline and quote:

NZ dollar weakens as US interest rates seen rising

The kiwi slipped to 84.88 US cents at 8am from 85.13 cents at 5pm yesterday.

Now that is 25 pips ................ now what do you think of an analysis like that.

[Geges]

LOL

I hear you loud and clear Bob.