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palladium (XPD) price is a " pip " away from all time High .
I am looking for a long term sell, which means that I will try to hold the trade until the end of 2018.
However, if we get to 700 I will close the trade with some mad profits.
Dollar is expected to get stronger until the end of 2018, so lets see how we do.
Wonder where is my SL?
Hedge funds estimates are all over the board, from 67 cents to 86 cents.
Some of those Hedge funds were kind enough to supply us with an explanation of their speculation on the value of the Aussie, here are some of their scenarios:
• Aussie will be traded below 70 cents by mid-2018, if the nation’s bonds will falls below that of U.S. Treasuries.
• The Aussie is...
ECB President Mario Draghi and other EU authorities are telling Italian banks to sell their bad debts,
since it’s choking their balance sheets to give new loans to new business, and support economic growth.
The central bank insists it can solve the problem on its own.
But let’s put a bit of meat on the issue: A problem of 379 Billion Dollar is not going to...
FTSE MIB is headed for best annual performance since 2009
FTSE MIB index, up 18 percent since Dec. 31, is poised to close 2017 as the best-performing major market in Europe.
The best performers from the FTSE MIB were:
1) Fiat Chrysler
10) CNH Industrial
MIFID 2 that is...
Former Mozilla CEO raises $35M in under 30 seconds for his browser startup.
The startup (Brave) is supposed to sabotage Facebook main commodity: User’s Information, by blocking ads and trackers that violate your privacy.
The Starup offers effective ad-blocking and privacy protection at a time when people are getting tired of the internet giants' use of their...
I fear that Brexit wont go smooth as many people expect it to.
EURZONE will drive a hard deal, and the U.K will most likely decline, and go for another elections, driving the GBP even further down.
On the eastern part of the world, Abe shinzo is to continue with the Abenomics, driving the Yen even further down in value.
Trade with care, and never Risk more than...
Is going to be the Greenback who is going to disappointing us first? or maybe its going to be the Loonie who is going to surprise us?
Remember that we had a rate hike surprise on September 6th 2017? Will we got more of it?
If we do, will it push the USDCAD to new lows?
Trade with care