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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
10 years ago
May 6, 2014 14:31
In Thread: GBP
Anyone have thoughts on holding on to GPB/USD past 1.70? Or should we just take 1.70 as exit and not be greedy? Wondering if that will act as resistance, or major support? Thanks all!
Rob
New York, United States
Posts: 305
10 years ago
Apr 22, 2014 15:12
In Thread: GBP
In reply to djellal's post
Agree djellal - GBP/USD 1.70 - high from August '09. Probably strong resistance there for a double-top, unless a rate increase really does become imminent - then maybe it blasts through 1.70 and acts as a good support. But Ashraf is the master technician, not I.
Rob
New York, United States
Posts: 305
10 years ago
Apr 15, 2014 1:15
In Thread: JPY
In reply to djellal's post
BOJ - will probably have to do more, especially if the JPY weakens

BOE - will have to begin talking about raising rates, even if they don't actually move

FED - won't raise rates until 2016 unless we see a much better upturn in data, but will be tapered off, while Japan destroys the Yen

Unless there's a major stock correction of 15% or a major event, I don't see those levels coming up. Sentiment is neutral and perhaps leaning towards bullish.

We shall see
Rob
New York, United States
Posts: 305
10 years ago
Apr 15, 2014 0:10
In Thread: JPY
In reply to djellal's post
Wow djellal,

I see 180.00 in GBP/JPY, not 160.00 - barring any major geopolitical event.

Best of luck if your money is where your mouth is - mine is not - I just like to jump in and buy the dips for 30-50 pips a couple times a week.
Rob
New York, United States
Posts: 305
10 years ago
Apr 11, 2014 16:33
In Thread: JPY
In reply to DaveO's post
Thanks DaveO - makes sense because it does seem fairly random. I did think their was a specific weight towards them though; because I thought the "yen crosses" are called that because of their correlation to USD/JPY. Anyhow - perhaps Ashraf can shed some light - if there's any to be shed. Thanks again DaveO
Rob
New York, United States
Posts: 305
10 years ago
Apr 11, 2014 4:36
In Thread: JPY
Hey everyone - perhaps a question I should know the answer to considering I trade...but I'll ask anyway.

What's the weighted average for how much a yen cross is affected by its dollar pair? For example, how much is GBP/JPY affected by USD/JPY compared to how it's affected by GBP/USD?

Thanks in advance,
Rob
Rob
New York, United States
Posts: 305
11 years ago
Jul 25, 2013 23:24
In Thread: GBP
Thanks Ashraf and Dave(O)
Rob
New York, United States
Posts: 305
11 years ago
Jul 25, 2013 2:46
In Thread: GBP
Hello,

Been way too long! Hello all! It's been since year 1 if I recall correctly.

Ashraf and other chart geniuses - question ?

Can it be said that EUR/GBP monthly is at the top of a 4-5-year downtrend channel (November '08 high of 98.023) if you drew parallel lines along the top and bottom (trend).

Admittedly, I'm a novice (or below) technician. Just something I saw, and see now, there's no charts to illustrate it.

Off to Ireland tomorrow!

Best (trading) to all,
Rob
Rob
New York, United States
Posts: 305
12 years ago
Jun 13, 2012 4:56
In Thread: Is gold's secular bull market about to end?
VOTE:Above 1800 this year

Unfortunately, I see war with Iran causing fear-based gains and printing presses rolling full-speed (with or without war). After the US election of course. Media seeds are being planted already so it won't be a huge shocker when the day comes. Silver at around $60.
Rob
New York, United States
Posts: 305
13 years ago
Apr 5, 2011 22:27
In Thread: Commodity FX (CAD AUD NZD NOK)
Anyone thinking about the double-top in weekly AUD/JPY? A little risky to short the AUD right now, but the chart looks promising.
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