I just have finished reading chapter 3 of your book which describes the period between 1999 to 2001 at which time US dollar was bullish. It coincides that dollar is in the same track now. But I find that there is an important support line formed from subprime crisis and later. Will the EU be supported at this level before cracking down? From your fundermental anaysis, I really trust this is a strong dollar bullish trend.
http://www.forexfactory.com/attachment.php?attachmentid=469431&d=1273025170
Meanwhile, after reading chapter 1 and 2 of your book, I still don't know exactly how to use gold and oil to analyse the direction of certain pairs. If I find gold versus two currecies to find which one is more stronger, the pairs of these two is going to certain place where a bullish or bearish trend was formed. This is a hinder sight.
And the oil. If I am not wrong, oil vs dollar can be a leading indicator of financial martet, after it overcomes some important sup/res level, we can anticipate currency market would follow its direction.
Dear Ashraf, after listenning your lecture at CMC in Beijing at the end of last year, you really have opened a new window for my FX trading. So I have bought your book Currency Trading and Intermarket Analysis and began to read it.
Now I have finished the first chart which is about gold. But an important question was emerging in my mind: where can I get these data and charts especially the ones about inter markets?
Another one is that if I have such charts, how can I use that? Because the data with inter markets are all curves not candles, how can I find out the important reverse point about the market? I saw you always find the peaks or bottom of these curves.
@montmorency: I don't know whether government encourages people by physical gold. But as experience, if people are allowed to buy something, it is encouraged by government ;)
It is true that I also want to study Ashraf who combines technique and fundermental together so wonderful. In my mind, if you master more ways of anaylsises which are from different views of the market, the more the result is relieable.
Anyway, it is so interseting of learning how to trade FX!
I have been trading fx for more than two years, I'm not a newbie but also not a mature trader sincerely. The MATURE TRAER is in my mind who is also my idol to chase for. I seldom read what banks write which tells you the way of the market. I am a typical technique trader, but don't reject fundermentals either.
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(11 months ago)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7(11 months ago)
-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo(11 months ago)
ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (11 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (11 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (11 months ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(11 months ago)
إستعمال تحليل الإنترماركت والتحليل الفني الكلاسيكي لتداول الذهب و الناسداك و السندات. شاهد هنا
Using intermarket technicals analysis to trade XAUUSD Nasdaq100 and Bonds.Watch here.
Latest Hot-Chart - May 16
Dax 200 DMA Deviation
You remember we went short Dax40 in late March based on the 13% 200 DMA extension, which gave us at least a 500-pt gain.
View Hot-Chart..
I just have finished reading chapter 3 of your book which describes the period between 1999 to 2001 at which time US dollar was bullish. It coincides that dollar is in the same track now. But I find that there is an important support line formed from subprime crisis and later. Will the EU be supported at this level before cracking down? From your fundermental anaysis, I really trust this is a strong dollar bullish trend. http://www.forexfactory.com/attachment.php?attachmentid=469431&d=1273025170
Meanwhile, after reading chapter 1 and 2 of your book, I still don't know exactly how to use gold and oil to analyse the direction of certain pairs. If I find gold versus two currecies to find which one is more stronger, the pairs of these two is going to certain place where a bullish or bearish trend was formed. This is a hinder sight.
And the oil. If I am not wrong, oil vs dollar can be a leading indicator of financial martet, after it overcomes some important sup/res level, we can anticipate currency market would follow its direction.
Hope you can give me some tips. Thanks you! ^_^
Dear Ashraf, after listenning your lecture at CMC in Beijing at the end of last year, you really have opened a new window for my FX trading. So I have bought your book Currency Trading and Intermarket Analysis and began to read it.
Now I have finished the first chart which is about gold. But an important question was emerging in my mind: where can I get these data and charts especially the ones about inter markets?
Another one is that if I have such charts, how can I use that? Because the data with inter markets are all curves not candles, how can I find out the important reverse point about the market? I saw you always find the peaks or bottom of these curves.
Thank you!
Nice to meet you here also.
It is true that I also want to study Ashraf who combines technique and fundermental together so wonderful. In my mind, if you master more ways of anaylsises which are from different views of the market, the more the result is relieable.
Anyway, it is so interseting of learning how to trade FX!
Nice to meet you here.
I have been trading fx for more than two years, I'm not a newbie but also not a mature trader sincerely. The MATURE TRAER is in my mind who is also my idol to chase for. I seldom read what banks write which tells you the way of the market. I am a typical technique trader, but don't reject fundermentals either.
My strategy is 4h MACD Market Rhythm which is designed by Phillip Nel. Our thread is at forexfactory, you can view it here:http://www.forexfactory.com/showthread.php?t=14630
Cheers!
We would expect more bearish trend of EUR/USD, and wait for chance of swing up to short it.
It is newbie to do counter trend trade when it forms divergency, which is just the signal of cut some short positions for mature traders