Robert Petrucci, Author at Angry Meta Traders

Behavioral Sentiment

Trading Tips: Perspectives and Gaining Behavioral Sentiment

Trading Tips: Perspectives and Gaining Behavioral Sentiment Data is everywhere. AI has helped increase the level of information accessible to day traders. However, the quality of the information and its insights remains questionable – suspect. Systems relying on technical, fundamentals, algos, and the magic word ‘quants’ are tools which can…

Robert Petrucci August 12, 2023 No Comments

AMT Markets

USD/INR: Higher Move Correlates and Political Shadows Loom

USD/INR: Higher Move Correlates and Political Shadows Loom The USD/INR is near the 82.8150 ratio as of this writing the 9th of August, on the 25th of July the currency pair was near the 81.6500 level momentarily. Upwards movement of the USD/INR did produce price volatility in the last week…

Robert Petrucci August 9, 2023 No Comments

AMT Markets

USD/INR: Consolidation Might Come to an Abrupt Conclusion

USD/INR: Consolidation Might Come to an Abrupt Conclusion The USD/INR is trading near the 81.9750 ratio as of this writing and its price action since the 13th of July has produced a tight price range. On the 12th of July the USD/INR was trading around the 82.3000 region, this after…

Robert Petrucci July 24, 2023 No Comments

AMT Markets

Summertime Behavioral Sentiment Game: Who Do You Trust?

Summertime Behavioral Sentiment Game: Who Do You Trust? Have we started to reach a polite equilibrium within Forex, gold, equities and bonds for a moment? U.S CPI data just came in below expectations, the decrease of inflation pressures in the U.S will be welcomed. Price ranges are starting to show…

Robert Petrucci July 12, 2023 No Comments

AMT Markets

Risk Friday: Fear is a Terrible Thing to Waste

Risk Friday: Fear is a Terrible Thing to Waste Behavioral sentiment in the broad markets took a turn for the worse yesterday among many major equity indices. This as financial institutions seemingly came to the short-term conclusion the Federal Reserve may actually have to raise interest rates again on the…

Robert Petrucci July 7, 2023 No Comments

AMT Markets

USD/INR: Bounce Higher Ignites a Return to High Water Values

USD/INR: Bounce Higher Ignites a Return to High Water Values The USD/INR is trading near 82.4350 as of this writing, which is a value the currency pair has not touched since the second week of June. While some analysts may say the move to higher ground yesterday and early this…

Robert Petrucci July 6, 2023 No Comments

AMT Markets

Fed Spits into the Wind as Day Traders React to Volatility

Fed Spits into the Wind as Day Traders React to Volatility Broad market analysts continue to spit up an eternal fountain of opinions and data to show why yesterdays moves happened and why tomorrows are going to have bright sunshine and positive outcomes. However, day traders know this is not…

Robert Petrucci June 28, 2023 No Comments

AMT Markets

Friday Barometer Regarding the BoE Decision and Gold Prices

Friday Barometer Regarding the BoE Decision and Gold Prices The Bank of England’s rate hike of 0.50% cements the notion that global central banks remain steadfastly locked on inflation, and understand politically the implications on the public regarding higher consumer prices which are being experienced. The Bank of England ‘met’…

Robert Petrucci June 23, 2023 No Comments

AMT Markets

USD/INR: Correlation to Broad Forex Market Intriguing Signal

USD/INR: Correlation to Broad Forex Market Intriguing Signal The USD/INR is near the 82.1200 price as of this writing. On Friday the USD/INR hit a low near the 81.8000 ratio. The ability to touch depths in the USD/INR before going into the weekend correlated well with the broad Forex markets,…

Robert Petrucci June 20, 2023 No Comments

AMT Markets

Tether’s Wobbling Should Set off Alarms for Crypto Traders

Tether’s Wobbling Should Set off Alarms for Crypto Traders Tether is wobbling and this should not come as a surprise to cryptocurrency traders. While many speculators likely do not carry USDT in wallets or day trade the cryptocurrency, it does serve as a barometer in the digital asset world regarding…

Robert Petrucci June 15, 2023 No Comments

AMT Markets

Anticipated Federal Reserve Shop Talk to be Delivered Today

Anticipated Federal Reserve Shop Talk to be Delivered Today For what it’s worth, here is my prediction regarding what the Federal Reserve will do today. The Federal Funds Rate will remain unchanged in my opinion. The FOMC Statement may show that the vote actually was debated and not unanimous. The…

Robert Petrucci June 14, 2023 No Comments

AMT Markets

USD/INR: Elevated Range as Questions about Values Persists

USD/INR: Elevated Range as Questions about Values Persists The USD/INR has traded the past week approximately between the 82.2200 and 82.7000 ratios. Plenty of discussion regarding what the Reserve Bank of India has been doing as they battle the strong USD has been whispered openly, and is being questioned from…

Robert Petrucci June 8, 2023 No Comments