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User: amg
Last Post: August 16, 2010 ET
Posts: 33 (31 by Member, 2 Anonymous)
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Ashraf or anyone in the forum trading gold, where would be a good level to buy gold? I don't want to jump in rigth now since it looks to be a bit overbought. Any advice would be greatly appreciated.

Amg

This is amazing, I really don't have words for this.

Gold Vending Machines!
Regular people get sodas or snacks from vending machines, but in Abu Dahbi people get gold.
http://www.youtube.com/watch?v=KqWEhwTYUR8&NR=1&feature=fvwp

I actually feel the same way as you do Selif. In fact I have a sell limit set at 5220, but I'm watching closely. This have been proven to be a tricky pair for me. I also have a buy limit for usd/chf set at 1.0505.

Ashraf, what is your view on Usd/Chf. It pace of the decline has been increidibly fast and it is clear there is a lot of fear in the markets. But the pair is looking way oversold in various time frames. Do you expect any correction sometime soon? or do you see the central interveing again? even thought every attempt has been proven worthless.

Thanks

10 mins for the 2010 World Cup to start, VAMOS MEXICO!!!!!

Mexico all the way, VAMOS!!!!!!!

talking about yuan's revaluation, here is an article mite be interesting for those trading euro.
http://www.reuters.com/article/ousiv/idUSTRE63719W20100408

ok guys, so it feels like this resistance is still valid so I couldn't resist the temptation and shorted 2 lots again at 5280 with sl at 5310 with first target at 5150. Lets see how it plays!

This is the chart...

Cable has been trading in this tight range and any brake to either side its going to be nasty. I have shorted this pair last two days around these levels and have made good profits. I'm inclined on doing it again today if it doesn't closes above the uper trend line. I'm staying alert because I have a feeling that a nasty move is about to take place.
Any thoughts are welcome.

AMG