Suggest me. Lets trade wisely.
پوسٹ: 12
کب سے رکن ہے: 15/08/2012
Hello Traders,
I am looking for trade USD versus another economies like EUR/USD and USD/CAD and i'm using mostly fundamental analisys.
So, if the US economy setup a new Monetary Easing (QE3) the US value will appreciate versus Gold, example.
Depending of speech of Ben Bernanke, is the US to hit higher prices so the pair XAU/USD will follow a downtrend zone for September?
Someone suggest how would be a nice setup for 1st of September?
Lets follow the logic of the market.
If you US up
So, Gold will be in downtrend
And pairs like USD/CAD, USD/CHF will be in up.
Thanks,Igor
پوسٹ: 939
کب سے رکن ہے: 21/04/2011
QE3 will make US to weaken against other currencies. according to what I have read on different sources. I dun think it will appreciate vs gold.
Stick to your rules
پوسٹ: 12
کب سے رکن ہے: 15/08/2012
Originally posted by uniquetraderQE3 will make US to weaken against other currencies. according to what I have read on different sources. I dun think it will appreciate vs gold.
Thanks 'uniquetrader'
پوسٹ: 939
کب سے رکن ہے: 21/04/2011
:)
Btw how do u think it will appreciate gold us dollar? I mean have u read it in any financial paper or is it just ur opinion?
Stick to your rules
پوسٹ: 12
کب سے رکن ہے: 15/08/2012
Originally posted by uniquetrader:)
Btw how do u think it will appreciate gold us dollar? I mean have u read it in any financial paper or is it just ur opinion?
I was just thinking.. I shall agree with you, if exist QE3 so you will see a depreciation on dollar.
پوسٹ: 836
کب سے رکن ہے: 16/05/2011
I am not much into news but by searching on google I came to know that most discussions r about whether there is any chance of QE3 or not. According to latest news chances r diminishing.
پوسٹ: 12
کب سے رکن ہے: 15/08/2012
Originally posted by SashaI am not much into news but by searching on google I came to know that most discussions r about whether there is any chance of QE3 or not. According to latest news chances r diminishing.
Thanks Sasha.
پوسٹ: 1
کب سے رکن ہے: 30/08/2012
i am also newbie in forex trading and not have any experience in forex trading but i followed the forums users and also read their post for increasing my knowledge.
پوسٹ: 711
کب سے رکن ہے: 17/05/2011
Originally posted by kubii am also newbie in forex trading and not have any experience in forex trading but i followed the forums users and also read their post for increasing my knowledge.
I agree with u. Forums r the best way to learn new things.
@IBIronFx --> QE3 is some kind of financial policy. right?
پوسٹ: 12
کب سے رکن ہے: 15/08/2012
Originally posted by Champ
Originally posted by kubi
i am also newbie in forex trading and not have any experience in forex trading but i followed the forums users and also read their post for increasing my knowledge.
I agree with u. Forums r the best way to learn new things.
@IBIronFx --> QE3 is some kind of financial policy. right?
Hello Champ, yes QE3 is a financial policy.
If applied it can possible the USD could go down vs. Gold.
پوسٹ: 836
کب سے رکن ہے: 16/05/2011
Originally posted by Champ
Originally posted by kubi
i am also newbie in forex trading and not have any experience in forex trading but i followed the forums users and also read their post for increasing my knowledge.
I agree with u. Forums r the best way to learn new things.
@IBIronFx --> QE3 is some kind of financial policy. right?
Yes and some sources r of the view that there is minor chance of it. It will affect gold badly and that is why U.S is trying to avoid it.