Dit paar vertegenwoordigt de waarde van de Amerikaanse dollar ten opzichte van de Hongaarse forint. Hongarije is nog geen lid van de eurozone en de VS is een van de grootste buitenlandse investeerders in de economie van het land. De twee landen onderhouden bilaterale economische relaties, voornamelijk... Meer weergeven
During the last few days we have been accumulating our $USDHUF shorts. This time we won't buy $CHFHUF and $GBPHUF believing that the FED's rate hike will lead the dance now.
Unfortunately we were right but a but too early on $NSDQ100 - but we gained more with $WHEAT than we lost on that.
Now... Meer weergeven Vertalen
The macro picture in Hungary has changed drastically in 48 hours ( $USDHUF$CHFHUF$EURHUF ). The government announced austerities so huge that nobody expected before. This (and the DXY's corection) drives the price down.
We had to take some uncomfortable loss, but we started to accumulate in an... Meer weergeven Vertalen
If anyone is going to believe anything what our manipulative government is promising is a fool! They fooled all the voters that they will protect the prices but they just decided to erase it. I cant believe that the EU will give a single shit to their promises. ... Meer weergeven Vertalen
Good time to short USD in any possible pair, because today will be released the US CPI, and anyway it will be over 8%, even 9% YOY it's possible.
This means USD it's realy not as strong as the market would like to see it, and it may have a big drop in the next period.
Also $GOLD and $SILVER... Meer weergeven Vertalen
Pretty close to bottom on GOLD and SILVER .
Next buy zones on $GOLD: 1730$, 1685$.
Next buy zones on $SILVER: 18.5$, 17.8$.
Also keep an eye on $EURUSD, when it will reach the psychological threshold at 1, will be a good buy zone and also may restart the rise of precious metals as the... Meer weergeven Vertalen
It was a tricky day. At some point some of our $USDHUF positions hit 100% profit, but we have a very ambitious plan based on the macro and we won't take profit until the macro environment changes.
If you don't take profit, you won't make profit - so we did some nice partial profit... Meer weergeven Vertalen