ForexTribe is a french website mainly created to share graphic analysis and trade ideas on the Forex Forum.
PursuitTitle:
On the Importance of Bond Traders
Gold shot up $13 an ounce, to $1,397, as soon as the Comex opened at 8:20 AM EST. The yield on a 10-year Treasury note is up to 3.37%.
Yet there’s no news, no fresh data point to make traders itchy. Just an unfriendly environment if you’re making government policy…or a great one if you’re willing to bet against them succeeding.
The 10-year yield is now at a six-month high. It has risen 100 basis points – a full percentage point – since early October.
Through last week, this was largely a function of the Bernanke Backfire – bond traders frightened by the Federal Reserve’s renewed pursuit of easy money.
But a good chunk of this increase has come in the last week. Bond traders have something new to be frightened by – the Grand Bargain that President Obama and the Republicans in Congress ...
Title:
Forex - Study on Gaps
I'm sorry for the mistake, i made i mistake on my forumla on the first place so total percentage were not exact. Here are the good results
The results are still impressive. About 80% of gaps are filled on Forex on D +2. These are obviously the most volatile parities that have the highest percentage of filling. This statistic reflects the importance for a gap to be filled in before continuing its movement. The moment the gap is filled is also a good opportunity to enter into the side of the gap (for those who want to trade gaps). We can also note that the difference between D +1 and D +2 is minimal. It is not interesting to trade gaps on D +2.
We can also notice that the bullish gaps are filled more often than bearish gaps. This is probably due to the human psychology. As on stock ...
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Technical analysis of the USD/CAD pair on December 10th, 2010
Commentary of the USD/CAD pair :
Our last commentary is unchanged : 'The pair USD/CAD didn't pursuit its bullish movement and is currently testing a pullback on 1.0088. We maintain to trade the pair according to this level:
- Long above 1.0088. The breakout of 1.0163 will give a new buy signal
- Short below 1.0088. The breakout of 1.0021 will give a new sell signal'
See the previous analysis of the USD/CAD pair of December 9th, 2010
Title:
Technical analysis of the USD/CAD pair on December 9th, 2010
Commentary of the USD/CAD pair :
The pair USD/CAD didn't pursuit its bullish movement and is currently testing a pullback on 1.0088. We maintain to trade the pair according to this level:
- Long above 1.0088. The breakout of 1.0163 will give a new buy signal
- Short below 1.0088. The breakout of 1.0021 will give a new sell signal
See the previous analysis of the USD/CAD pair of December 8th, 2010
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Technical analysis of the AUD/USD parity on December 8th, 2010
Commentary of the AUD/USD parity:
The pair AUD/USD validated a breakout of the resistance at 0.99 but the pair failed to pursuit its movement towards the next resistance at 1.0. A correction occured and the pair is now testing the support at 0.98. All indicators are now bearish after this correction. We maintain to trade only long positions as far as 0.98 is support. The breakout of 0.99 will give a new buy signal.
See the previous analysis of the AUD/USD parity of December 7th, 2010
Title:
The Fed’s Misguided Beliefs About Currency Debasement
What does it mean?
The chart above shows that the 30-year Treasury bond yield is now higher than the interest rate on 30-year mortgages.
What does it mean?
The answer is not immediately apparent. On the surface, this chart indicates that the average American mortgage-holder is a better credit risk than the US government. After digging a little deeper, the picture doesn’t change very much. The average American mortgage-holder is genuinely trying to repay his debts. The US government isn’t.
Treasury bonds remain the global benchmark for safety and reliability. But at the same time, Federal Reserve Chairman, Ben Bernanke, is busy establishing a new global benchmark for dumb ideas. He is busy printing up dollars in the name of dollar stewardship.
The man considers it a good idea to ...
Title:
Fiat Currency Fever: The Causes
It is part religion, part politics. It is a way to voice a lack of confidence in individual freedom, property rights, and free market capitalism. It comes from a yearning for a new socialistic, centrally controlled world that happens to favor the elite who control large financial institutions and corporations, and who also exert powerful influence over politicians of both major political parties. It requires the rubbing out of history when the Constitution limited government power and defined what the U.S. dollar is: a certain weight of silver (and later gold).
It is not an investment; it is something that consistently loses purchasing power. It has been created incessantly whenever debt expanded. This elasticity and continual debasement made the use of debt so attractive that nearly ...
Title:
Technical analysis of the AUD/USD parity on December 1st, 2010
Commentary of the AUD/USD parity:
The pair AUD/USD validated a breakout of the support at 0.96 but the price didn't succeed to pursuit its movement. THe price is still below its bearish slant. All indicators are bearish. We maintain to trade only short positions as far as 0.97 is resistance. A new breakout of 0.96 will give a new sell signal. The next support is at 0.95.
See the previous analysis of the AUD/USD parity of November 30th, 2010
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Technical analysis of the EUR/CHF pair on November 25th, 2010
Commentary of the EUR/CHF pair:
The pair EUR/CHF continues to test the support at 1.33. The breakout of this level is validated but the pair fail to pursuit its movement towards the next supports because lowest of mid-november are also giving support. All indicators are bearish. We maintain to trade the pair according to 1.34:
- Long above 1.34. The breakout of 1.35 will give a new buy signal
- Short below 1.34. The breakout of 1.33 will give a new sell signal.
See the previous analysis of the EUR/CHF pair of November 24th, 2010
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