Recent content by Markemarc

I havent traded gold n silver seriously since taking profit at 1370 and 21 respectively. Had been focused on the bullish indices. ANyway with the ECB rate decision and policy statement out today i figured it would remain at a dismal 0% plus have the same future predictions of long term policy...

very, Depending on how they plan to introduce stability. Ive heard several ways and one included directly buying GBPs. So far though the pound has held reasonably well after the initial hit. If they cut rates even more it will probably fall a lot more

he means that professionals or serious traders analyse their trade decisions with data but some novices just make random decisions hoping theyll get lucky.

in addition note the FED are not talking about raising rates but talking about cutting rates. All good for gold gains

agree to a point. yes a stronger US dollar does punish gold but there is no way in hell the US is stable at the moment.. Have u seen the data coming out of the US of late. Also without massive assistance there is no way the DJ can recover like it has this time. The dollar index has lost way more...

Ive gone long too. i think the australian economy has done well since to previous rate cut and against the USD it should continue to build with commodity prices up.

i looked a lot today into the GBP/US market and why my previous post may be right it also could go completely the other way. even as low as 1.22 in the next few months. I still stand by my comments regarding the low GBP will give the UK the ability to grow from within. For the first time in ages...

that may be the case sometimes but the uncertain environment will continue for a month at least. when the obvious bull trades die down over the next week gold will be a safe haven. gold crashed back after hitting 1300 twice recently because the market thought the fed would raise US rates and...

i dont class it anything like gambling apart from risking money. why it may seem so sometimes, its not a game of chance. Fact is the key to trading is risk management plus analysis of data, trends, history etc. You wont profit from every trade no matter how much data u process and analyze. You...

2002

well it gapped down a bit at open so i opened another buy position however Aussie anaylsts are talking about a july rate cut by the reserve bank of Australia in july. todays range is tipped to be between 7350 and 7550

ill be going long on the AUS/USD after the fall friday. Why Australia cut rates a few months back it has already helped growth in Australia start to increase. Australia loves high commodity prices and its main trading partner is china so the Brexit is no where near as problematic for the Aussie...

god damn the media is full of it.. the market clearly decided around 16/6 that remain would win the referendum on the back of the Joe cox murder and a poll putting remain up 52-48. Even though one week prior leave was up 10 points. To me it was madness but anyway thats the way the market often...

Hi all, its my first post on this forum.. Ive been trading for a couple of years and really knuckled down hard this past year. Anyway.. So regarding gold, in these post brexit conditions. With all this uncertainty id be fairly sure gold with silver tagging along would hit 1400 by weeks end...