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Posts by "asad"
793
Posts by Anonymous "asad":
EURUSD 1.1851 |
USDJPY 111.52 |
GBPUSD 1.3772 |
AUDUSD 0.7485 |
USDCAD 1.2406 |
GBPJPY 153.59 |
EURJPY 132.15 |
AUDJPY 83.48 |
CADJPY 89.86 |
Silver 26.23 |
ماذا تفعل خلال 5 ثواني
ماذا تفعل خلال 5 ثواني؟؟ في خمسة ثواني بعد قرار الفدرالي اعطينا التفسير و تنبأنا بالحركة و بإمكانكم استماع
الرسالة في قناتي على تلغرام
I can understand that you make a loss...a bit more loss...but I just CAN'T understand WHY you'd CONTINUE to make it. If the position is against you...JUST LET GO!! This is why stops are SO important...because as humans, we'd NEVER close a position - both ways - in hope of recovering the loss or making further profits...and mostly end up losing both. Hence, getting out of losses and taking profits are both virtuous acts!
I shorted oil at 75.10 (currently at 75.86) but I have two sell orders in place (one each for two positions) in case my emotions take over me. Successful traders are devoid of emotions...and I recommend you follow suit.
I don't want to be cheeky...but now could be a good time to close the USD position? I'm sure you can cut it further down. USD dtill has some weakness until mid next week...
Asad
It's funny that you and Jim Rogers came out from hiding the same day. :p
Btw, old JR reckons that gold and oil could hit $2300 and $200, respectively. You worship JR, don't you? What do you think of this?
Asad
Who's the world's largest trader of oil? Messrs. Goldman Sachs! I think a good result would be sufficient to take oil up further. GS will then itself ride the oil - celebrating Goldman style.. :p
I've got my stops in place...but I'd love to be in front of the screen, ESP/ when IEA figures come out...
Asad
At the risk of sounding cynical, don't you guys feel that the US is sitting quietly, enjoying this weakness in the USD? Afterall, it's pretty good business if your currency is weak! And then, foreign funding is coming into US stock markets. Who cares if your creditors are unhappy, as long as you're minting money.
I have NEVER seen the US sit this quietly on an issue as it is now. In fact, it may be helping maintain the weakness. What do you think?
Asad
Asad
I don't know. Oil would not be allowed to reach 100 because it would hamper economic recovery! Anyway, there isn't that much demand, neither is supply in a crunch. As for USD fundamentals, the worst i can fall is for oil to reach early 80s...but that's it.
There is a higher chance of Qin opening his own forum than oil reaching 100... :)
Asad
Did you say oil will test $100. We're obviously not on the same planet!
Seriously, what makes you think oil will test 100? Supply's near its highest and demand's weak. I'm shorting at 75.10 and staying there for the next few weeks. I see a beautiful band of a least $5 (if not $8).
Gunjack, so you think that there's no stopping oil if it crosses 76.2 (just for fun and devoid of any fundamentals?). I mean, has one of the Big Oil decided to make candies instead of oil? Gold's surge is understandable, but oil has no metal to it (proverbially).
Asad
Is this the other way of saying we can go short on oil above 75?
Everything aside, PIMCO's forecasts cannot be ignored! El-Erian is an extremely shrewd and influential analyst (as Ashraf will also tell you) and he's been right on more occasions than not. PIMCO's own track record reflects that. They're a big fund and if they're selling bond, trust that there's some wisdom behind it...
Asad
A naive and silly question for you...
If we know that earnings will be good...if we know that markets will still be going up during that time...and if we know there will be a huge correction after that...and if we know that the dollar can only rebound from here, then why are we all having a difference in opinion?
Further, why not just sit on the sidelines for two weeks and just short EVERYTHING at the end of October? Afterall, Dow will be 8900, oil 65, gold 980 and dollar 1.6 by November! *sarcastic* So why not sell our houses and go short?
So are we saying that NO human would be long on ANY asset class in November? Surel, it CAN'T be this easy. There is SOME twist in the tale...
Asad