Silver Stackers logo

Silver Stackers

Discussion forum for those
who love to stack precious metals

You are not logged in.

Announcement

This forum is archived. Please visit the new forums at www.silverstackers.com. Password reset may be required!
  • Index
  • » Gold
  • » u.s dollar index slingshot about to happen.

#1 2017-01-16 05:07:31

tolly_67
Member
Registered: 2010-05-17
Posts: 1,759
Trades :   

u.s dollar index slingshot about to happen.

Sorry, Leon will be right here.
This slingshot is going to play whack-a-mole with the gold price and it is not going to miss.

Offline

#2 2017-01-16 05:31:46

Silverthorn
Member
Registered: 2010-04-29
Posts: 2,584
Trades :   

Re: u.s dollar index slingshot about to happen.

hope so, got some money riding on it but the short term chart looks a bit off. finicky might have a name for this.

258_usd1.png

Offline

#3 2017-01-16 05:49:03

leo25
Member
From: Sydney
Registered: 2010-06-08
Posts: 1,353
Trades :   

Re: u.s dollar index slingshot about to happen.

still nothing, but I'm sure you and Leon will be "right" at some point lol

keep digging that hole, I'm sure you will get to the other side one day.

Offline

The following 2 users say thank you for this post: House, clear

#4 2017-01-16 06:55:50

tolly_67
Member
Registered: 2010-05-17
Posts: 1,759
Trades :   

Re: u.s dollar index slingshot about to happen.

Silverthorn wrote:

hope so, got some money riding on it but the short term chart looks a bit off. finicky might have a name for this.

http://forums.silverstackers.com/uploads/258_usd1.png

Wayyy too short a chart. This will be the week where the true direction will unfold.

Offline

#5 2017-01-16 06:57:55

House
Moderator/ Legend
From: Stack City
Registered: 2012-04-30
Posts: 9,643
Trades :   232 

Re: u.s dollar index slingshot about to happen.

tolly_67 wrote:
Silverthorn wrote:

hope so, got some money riding on it but the short term chart looks a bit off. finicky might have a name for this.

http://forums.silverstackers.com/uploads/258_usd1.png

Wayyy too short a chart. This will be the week where the true direction will unfold.

What are we betting on that?

Similar prognostication about 2 years ago... http://forums.silverstackers.com/topic- … taken.html


WBI- 41.16

"There's no point in paying a mortgage on an asset that is going to fall by 40 per cent or so in the next few years". Steve Keen, 2008.
Stacker FAQ'S. New threads welcome- http://forums.silverstackers.com/topic- … faq-s.html

Offline

The following 3 users say thank you for this post: clear, spannermonkey, Ronnie 666

#6 2017-01-16 06:59:00

whinfell
Silver Stacker
From: Australia
Registered: 2012-03-22
Posts: 3,328
Trades :   46 

Re: u.s dollar index slingshot about to happen.

Probably about time we revisited the Baltic Dry Index as well tongue

Offline

The following user says thank you for this post: House

#7 2017-01-16 08:02:06

phrenzy
Silver Stacker
From: Adelaide
Registered: 2014-10-18
Posts: 2,584
Trades :   101 

Re: u.s dollar index slingshot about to happen.

I hope so, there's family US shares I'd like to profit take and turn into BAE shares when the GBP cross rates get better. I just hope CommSec let's you do cross rates add I'm not USD/AUD cash and then into AUD/GBP plus brokerage, not my money but I want the family not to get screwed twice on the exchange.


R.I.P Khaled Al Assad. One man who few will remember, he died defending humanities legacy.
"Hundreds would die, but not the thing they died for. 'A man can stand up..."

Offline

#8 2017-01-16 10:59:27

tolly_67
Member
Registered: 2010-05-17
Posts: 1,759
Trades :   

Re: u.s dollar index slingshot about to happen.

House wrote:
tolly_67 wrote:
Silverthorn wrote:

hope so, got some money riding on it but the short term chart looks a bit off. finicky might have a name for this.

http://forums.silverstackers.com/uploads/258_usd1.png

Wayyy too short a chart. This will be the week where the true direction will unfold.

What are we betting on that?

Similar prognostication about 2 years ago... http://forums.silverstackers.com/topic- … taken.html

That call was bloody close to the turn......the rate of climb was the issue. I was about 9 months out on breaking the 100 mark.
It has broken and retested the 100. Ignore it at your own peril.
There are a lot of forums littered with the dollar and dow to zero gang that were dead wrong.

Offline

#9 2017-01-16 18:39:35

clear
Member
From: WA
Registered: 2012-01-12
Posts: 994
Trades :   65 

Re: u.s dollar index slingshot about to happen.

tolly_67 wrote:

Sorry, Leon will be right here.
This slingshot is going to play whack-a-mole with the gold price and it is not going to miss.

so how large is this whack on gold.

Offline

#10 2017-01-16 18:45:34

tolly_67
Member
Registered: 2010-05-17
Posts: 1,759
Trades :   

Re: u.s dollar index slingshot about to happen.

Don't know but it is the whack to end this current rally.

Offline

#11 2017-01-16 20:04:00

phrenzy
Silver Stacker
From: Adelaide
Registered: 2014-10-18
Posts: 2,584
Trades :   101 

Re: u.s dollar index slingshot about to happen.

Problem is cross rates, Chinese don't have another surprise devaluation in them, the yen has done is thing, the euro is going to gain in the pound and you watch the the tide go out on bonds and equities when they finally get dow 20k, where do you go from there? Nobody knows... Which a stronger dollar will play with like a rag doll too. Cable is a chance. I kiss the technicals look good, but there's not though macro push I don't think for anything big and long term.

Maybe I'm just not feeling it... I'm rooting for it, really, DXY at 1.15 would solve a few trading problems. But the longer I wait the less confident I am.

Having said that I wouldn't put my money against tolly any day, or finicky, or caput or even Leon.

Last edited by phrenzy (2017-01-16 20:11:30)


R.I.P Khaled Al Assad. One man who few will remember, he died defending humanities legacy.
"Hundreds would die, but not the thing they died for. 'A man can stand up..."

Offline

#12 2017-01-17 03:08:51

tolly_67
Member
Registered: 2010-05-17
Posts: 1,759
Trades :   

Re: u.s dollar index slingshot about to happen.

If I am dead wrong then you can all call me Nostradumbass.....and I will not make another call for 12 months.

Offline

#13 2017-01-17 06:14:22

leo25
Member
From: Sydney
Registered: 2010-06-08
Posts: 1,353
Trades :   

Re: u.s dollar index slingshot about to happen.

tolly_67 wrote:

If I am dead wrong then you can all call me Nostradumbass.....and I will not make another call for 12 months.

ok you got until this Monday the 23rd for it to happen.

Last edited by leo25 (2017-01-17 06:14:58)

Offline

#14 2017-01-17 06:30:21

tolly_67
Member
Registered: 2010-05-17
Posts: 1,759
Trades :   

Re: u.s dollar index slingshot about to happen.

That's fair enough.
12 months of not sprouting bullshit!!   Hmmm. I hope you realise that it is an addiction and I will need some intense therapy to overcome the urge to go into print.

Offline

#15 2017-03-27 05:02:22

Silverthorn
Member
Registered: 2010-04-29
Posts: 2,584
Trades :   

Re: u.s dollar index slingshot about to happen.

tolly_67 wrote:
Silverthorn wrote:

hope so, got some money riding on it but the short term chart looks a bit off. finicky might have a name for this.

http://forums.silverstackers.com/uploads/258_usd1.png

Wayyy too short a chart. This will be the week where the true direction will unfold.


It's good to look at several different time periods when watching something.

Here's the yearly now. Lower high and lower low starting to form. Leon might come out of the woodwork soon.

258_longdollar.png

Offline

#16 2017-03-27 23:56:20

tolly_67
Member
Registered: 2010-05-17
Posts: 1,759
Trades :   

Re: u.s dollar index slingshot about to happen.

I said 12 months of no predictions.....I have about 9 months left...
This U.S. dollar seems to be locked in pretty tight....not really up or down by much...
I was expecting a big rise soon......lucky I don't put money where my mouth is or I would be on Skid Row.

Offline

#17 2017-03-28 01:00:44

Silverthorn
Member
Registered: 2010-04-29
Posts: 2,584
Trades :   

Re: u.s dollar index slingshot about to happen.

tolly_67 wrote:

I said 12 months of no predictions.....I have about 9 months left...
This U.S. dollar seems to be locked in pretty tight....not really up or down by much...
I was expecting a big rise soon......lucky I don't put money where my mouth is or I would be on Skid Row.

predict leon will come out of the woodwork. no one will mind if you're wrong. big_smile

Offline

#18 2017-03-28 04:32:40

tolly_67
Member
Registered: 2010-05-17
Posts: 1,759
Trades :   

Re: u.s dollar index slingshot about to happen.

I don't mind leon's posts. He is respectful to me and as such I have no cause to be critical of his posts. I might not agree with them all the time but I still keep an open mind.

Offline

  • Index
  • » Gold
  • » u.s dollar index slingshot about to happen.

Board footer

Powered by FluxBB