i dont believe it's going to be a trend
Oil seems strong after President speech about the Iran deal Go Long for 2 weeks
Short SPX after FED raise rates. Market are very fragile now.
Oil seems to move before the EIA stock change
bond has a clearly correlation with oil price. as the short-term bond prices move slower than the long term bond , i guess there is no strong expectation for a hawk FOMC.
Looks like most of time AUDUSD and JPYUSD share the same direction because of the USD change. They will have high negative correlation only when there is obvious sign of risk-ff.
short eur after a small retracement before the EUR meeting
it's just after the Non farm report. If you compare SPX500 and USDJPY, you will have the same conclusion. Guess the next rate hike is still far away- - Looks like there is still space for SPX500 for it going higher. personally I have a long position for spx500 which look to take profit around 2020 , and a long position for gold which i will keep longer time .
I read an article published on zerohedge named something like "g-20-meeting-was-big-disappointment-what-happens-next". I am not sure why the article now can not be found . as someone named Brent Donnelly said that the market expect something from the G20 , which result the lift of the stock index on last Thursday and Friday. now the meeting disappoints the market...
Looks like the Brexit has a big influence on the GBP currency. As the market turns to risk-on , I will short GBPAUD instead of GBPUSD
hope the stock index won't get the oil up again.. the no production cut speech by the saudi oil mnister should be within expectation. which should no have made such a big move on the oil price. as i understand the oil price should go down long time ago...
Hopes it can move faster than the stock index and Audjpy. My target is to profit within 2 days. I will not hold the position for longer.
UK will stay in EU... look for 100pip profit
My idea is long SPX and short Oil in the same time...
after the russia and OPEC meeting