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Posts by "rob"

366 Posts Total by "rob":
333 Posts by member
Rob
(New York, United States)
33 Posts by Anonymous "rob":
Rob
New York , United States
Posted Anonymously
8 years ago
Mar 31, 2011 2:50
Thanks Ashraf - I actually decided to stay in the EUR/GBP short, I'm +20pips - seems like the weekly trendline is the key support to this pair - 0.8750 - and obviously ECB's rate decision is key.
I'll keep an eye the other EUR pairs you mentioned - looks like the double-tops are on the weekly charts - thanks! And best of luck with the new Premium FX Service! All of your followers have been waiting for this day.
Rob
New York , United States
Posted Anonymously
9 years ago
Mar 10, 2011 4:47
In Thread: CHF
Yes, I do like that USD/CHF Ashraf - ha - you remember... It moves slowly, much better pace for me these days...
I like the 4hour chart the best, recent close above 55ma, not for about a month - and being in it for about 2 weeks, I feel 92.00 was tried and is over (should've, could've, would've doubled down). It should at least push to 94 based on the daily chart - a break above the 55DMA should provide much better momentum upwards.
I'd did quite well a few weeks ago Ashraf, when you brought up AUD/USD, I'll look to it again. Thanks!
Rob
New York , United States
Posted Anonymously
10 years ago
Jan 21, 2010 19:28
Thanks a lot Ashraf --- I appreciate your help immensely! Hopefully I'll get to see you at the Traders's Expo in NYC in Feb.
Rob
New York , United States
Posted Anonymously
10 years ago
Aug 23, 2009 1:41
Hi Cougr,

Read this! Bank of Japan's positive tone may as well be the same as the Fed's rhetoric of a stabilizing economy - all to force those uninformed, distracted Americans who already have the wool pulled over their eye's, get completely suffocated on reality. The only thing stabilizing is the investors wallets with money in stocks and commodities. The number of "for rent" commercial real estate properties is growing by the day. I literally see this walking down the street. Granted NY got hit harder because of the loss of finance jobs, but consumers are spent, they're done! Citi and BoA are still sitting on so many potential (probable losses) and Meredith Whitney is talking about many more (I believe 300) bank failures. I wouldn't be surprised if this turns out to be a 10-year deflationary (hopefully not inflationary for me with dollars in US) depression.

Anyway Japan is advertising on TV, to their citizens to buy their debt. Just digging deeper into the hole.

I know less than anyone on this forum about the economy, etc.., I chose to be a health expert - as you are worthless without you health!

I wonder if Yen is appreciating because of those people who realize we're in no way shape or form in a stabilized place. The system may not collapse but...
http://www.telegraph.co.uk/finance/financetopics/recession/6065071/Japanese-turn-to-ads-to-sell-national-debt.-What-slogan-should-a-UK-campaign-use.html

Sorry to take up so much space, thanks for letting me vent a bit.
Rob
New York , United States
Posted Anonymously
10 years ago
Aug 23, 2009 1:17
Sorry to break up such serious and all well-written thought-provoking comments - i'll do what i can to contribute soon.

Anyway - I'm here now to say CONGRATULATIONS Ashraf!!! "Educator of the Month" of FXstreet!

Thanks for everything Ashraf and enjoy the rest of your weekend!
Rob
New York , United States
Posted Anonymously
10 years ago
Jun 14, 2009 17:43
Hey Ashraf,

I missed your webinar because I was working, I'm sure it was well received by everyone. Is there any chance of seeing it online at this point?

Also, is there a correlation with the "exact" time or day that the Fed buys Treasuries and a weakening in the Dollar? I see the Fed is scheduled to buy 4 more times over the next 2 weeks. I'm wondering if it's the actual buying of the bonds that kills the dollar, or just all the talk of it, like on March 18th.

And will treasury purchases cause the dollar to decline in the coming weeks, even if stocks lose upward momentum? Or does risk aversion with stocks declining supercede Fed purchasing treasuries?

I'm very much focused on Gold's move to $940 - do you see support at this level?

Thanks for your help as always.
Rob
New York , United States
Posted Anonymously
10 years ago
May 20, 2009 16:15
In Thread: Oil & Yen pairs
Hey Ashraf,

Would you say GBP/JPY is simply riding the coat-tails of GBP/USD? Obviously it's due to go up with risk appetite, but it's much stronger than EUR/JPY in my eyes, just as GBP/USD is showing more strength than EUR/USD. Do you see a good entry level for a short in GBP/JPY today? Looks like it's always been beaten down when attempting to surpass 150.30 in the past weeks and can't breach 149.50 today. Any thoughts are appreciated.
Rob
New York , United States
Posted Anonymously
10 years ago
May 14, 2009 21:13
Thanks a lot for that info. I'm keeping my fingers crossed that this equity rally ends soon, because I don't feel comfortable going with risk appetite trades. Equity traders seem pretty ridiculous to me - job losses are job losses, does it really matter what sector of the economy they come from?? Thanks, and let's all look forward to banking some major gains when this house of cards falls yet again!
Rob
New York , United States
Posted Anonymously
10 years ago
Apr 30, 2009 20:43
Interesting Ashraf - any thoughts on "The Tower of Basel" twit
Rob
New York, United States
Posted Anonymously
10 years ago
Mar 25, 2009 18:22
Hi Ashraf,

Hmmm, interesting comments by Luca. Do you think Gold will be considered if the world decides to break up the Dollar into different reserves? Also, in regards to your comment to Frank, why would you say bullish until April? Weren't you looking for Gold to hit $1050 or so around the end of Q2 or Q3? Are you saying it may peak into April, then dip and recover again? I'm also having a very difficult time tracking the intermarket relationship of gold. Any comments are always deeply appreciated. Thank you.