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Rob
(New York, United States)
33 Posts by Anonymous "rob":
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Rob
New York, United States
Posts: 305
15 years ago
Jun 30, 2009 18:06
In Thread: Green Shoots Fatigue & Intermarket Setup
Hi Ashraf,

Thanks again for the calls this morning - made out well! Would you agree, these again are good levels to get back in and go short GBP/USD and long USD/CAD - 1.6460 and 1.1600. They seem to have stabilized well, and going in to the Asian session...? Is there a specific (technical) momentum indicator you suggest in times like this? The above question assumes that stocks will stay rational and not rebound by the end of NY trade. Thanks a lot.
Rob
New York, United States
Posts: 305
15 years ago
Jun 30, 2009 15:10
In Thread: Green Shoots Fatigue & Intermarket Setup
Yes, Thanks so much Ashraf! I was thinking GBP/USD was oversold until I read your comment, as I began the NY session. Shorted it late, but in the black! Thanks again. And please don't laugh at me for not doubling my position on USD/CAD - still waiting to catch up. Fine, you can laugh.
Rob
New York, United States
Posts: 305
15 years ago
Jun 28, 2009 1:28
In Thread: Exiting the Exit Strategy
Excuse me, I meant daily - looks like the weekly trend is still bullish - thanks again
Rob
New York, United States
Posts: 305
15 years ago
Jun 28, 2009 1:26
In Thread: Exiting the Exit Strategy
Hey Ashraf,

Do we have a weekly bearish "hanging man" reversal in USD/CAD? Doing my best to learn basic chart patterns. Thanks
Rob
New York, United States
Posts: 305
15 years ago
Jun 27, 2009 1:37
In Thread: Exiting the Exit Strategy
Hey Speculator -
I linked to those because Ashraf had commented to me on his site that I should look into the Rothschilds and wars in relation to a question I had asked him.

Simply news. Glad you (and hopefully others) found it interesting.
Rob
New York, United States
Posts: 305
15 years ago
Jun 27, 2009 1:20
In Thread: Exiting the Exit Strategy
http://www.ft.com/cms/s/0/7c0f5014-628c-11de-b1c9-00144feabdc0.html
http://www.huffingtonpost.com/2009/06/26/michele-bachmanns-census_n_221427.html

(check out the vidoes)
Rob
New York, United States
Posts: 305
15 years ago
Jun 26, 2009 16:14
In Thread: Exiting the Exit Strategy
Very much appreciated Ashraf, and thanks for the doubling down clarification.
Rob
New York, United States
Posts: 305
15 years ago
Jun 26, 2009 15:48
In Thread: Exiting the Exit Strategy
Hey Ashraf,

I really appreciate your advice with everything. I wasn't sure what you meant by not "waiting to regain" and didn't want to close my position down the way it was. I got in rather late. Also, I have thought about doubling down, but I think you say to never do that. I was curious how that is any different from closing a position down and then opening another one right away, if that's what you were alluding to.
I'm still down, but not overly concerned because of the recent bounce. How do you feel about adding to an open position in this case? That is, with expectations of hitting higher targets. Thanks for your patience and time on this site and personally.
Rob
New York, United States
Posts: 305
15 years ago
Jun 26, 2009 0:30
In Thread: USDJPY 4-week Cycles
Hey forextrader - I definitely noticed that - but also in other Yen pairs as well, part. EUR/JPY - Keeping my fingers crossed for your 1.18-1.19 target -
Rob
New York, United States
Posts: 305
15 years ago
Jun 25, 2009 22:58
In Thread: USDJPY 4-week Cycles
JT,

Seems this bill would most likely hurt (non-green) energy and oil companies, and the price of oil.

Therefore, CAD would probably suffer the most. My guess is that it will have little impact though. Seems like most news in the FX markets comes and goes in a day or two even if it even does have an impact.

Any other thoughts from anyone?
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