New top trade GBPUSD. Fundamentals are strong here. Central bank divergence between BOE and Fed. BOE standing pat and not raising rates at their recent meeting. Rates markets only pricing in ~50BPS of cuts before end of year, compared to the Feds 100BPS in the FOMC dot-plot.
The bond yield differentials support this and the difference between the UK and US 2 year and 10 year spread widened by 2BPS and 8BPS respectively.
what happaned to strong weak analysis???
Hi, Mr Dennis is still on vacation.he posted that…
Morning guys
I did try and continue, but as it’s not my thread it didn’t let me post more than 3 times in a row. So thanks for replying and unlocking it !
I am back! I hope everyone made money in my absence, Thank you to everyone who kept things going while I was away.
Welcome back, not much has happened, and I am cautious about the US election this week.
Question: do you sort the pairs manually as this is not the 1st time I noticed a mix up in the numbers? Why not make Excel do the sorting as well as the math?
Included my current sort, which matches pretty much spot on, considering how close the numbers are.
Welcome back Dennis,
Hope all went well for you.
Yes, and I do make mistakes, so don’t bet the farm on anything you see here
I think this looks right, if you see any big differences let me know, There could be a flight to safety until the election results are final
Hello guys
As Dennis dedication and consistency inspired me to keep my own spreadsheet, I have added bond yields for USD, GBP, EUR and JPY. I focus mainly on these currencies only. I have a 2 year bond yield spread that I fill in daily that I can post on here from time to time if people find useful?
Welcome back!
Watch out for some big volatility as the election results start coming in, it could be a wild night
I would say the markets like the way the US election went
Blood hell you’re still running this thread
Hi Mr Dennis, welcome back,
For some reason my numbers are quite different from yours, even though the currencies positions are the same.
Could you tell me what the closing price and the 200ma of the dollar on the 6th and 7th to figuere out what I am doing wrong, considering that my numbers were very close before you went on vacation.
I apologize for bothering you with this request and thank in advance
miguel arrieche.
I’m not Dennis but here are some numbers to get you started, the more the merrier I always say. When you say “the dollar”, I hope you mean the USDJPY figures, here they are for 3 days, and supporting charts, broker is Blackbull.
Nov. 6 - C - 154.553, SMA - 148.950
Nov. 7 - C - 152.844, SMA - 149.246
Nov. 8 - C - 152.507, SMA - 149.511
When you say that your numbers are quite different, can you show us what you mean next time; more information when trouble shooting is helpful for all concerned.
And a bonus, here are the calculations for Close of the week, note: I don’t use decimal, makes it easier to do the data entry and make no difference, also my numbers are different from Dennis, but the order is usually the same, as you can see. And take no notice of Gold, it’s just something I do.
I used to try and see what the top players consider strong and and weak by obviously looking at the COT report, beautifully put together from https://www.tradingster.com/cot
I would divide long vs short positions of non commercials to generate a ratio that indicates how strong or weak a currency is
120,737/75,653=1.59593142374
60,334/104,501=0.57735332676
Therefore we have a GBPJPY long trade