My understanding is that the only way for Kiwi to start moving downwards, is when the S&P starts its "serious" decline, is that correct thinking... only S&P?
It takes a very patient and tolerant person to continue to engage with a very bitter and ill-mannered person. I wish I can develop that trait, so vital in tading... not be distracted by "noise".... Thanks again for your continued passion in educating us. ( Heard you will be coming out to Singapore in Dec, unfortunately I will be away... :(
1) the stock market will "tank" if another significant event takes place, eg commercial real estate debacle?, a huge uptick in NFP? etc .... 2) there is hawkish talk from the Feds, ECB, BOE.... 3) Bond mkt going bearish? for one reason or other...
As long as there is QE, the stock mkt will continue to inch upwards with occasional "minor" retracement.
So, as QE continue to exist for at least the next 6-9 mths.... we would be looking at a weak dollar/ higher stock market?
I have been expecting another drop in the stock market, but based on the above, chances are that there will be no significant drop, especially if the US does a 2nd round of Stimulus package!
I just dont understand the comment, Ashraf has been saying for months that the Yen & Aussie will strengthen, and that his yr end target for Euro is 158, and STG weakeness.....
There is school that says the Indexes are way overdue for a correction which when happens will result in a stronger dollar as per present correlation, and I believe, Ashraf has now been hinting that it could break away from that inverse correlation..... so why the negative statement from Trader?
In the interim, he has been providing us with intra-day/week market movement. Which I appreciate very much.... Its people Like trader who hides under the cloak of annomity that give blogs its bad image!
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..
My understanding is that the only way for Kiwi to start moving downwards, is when the S&P starts its "serious" decline, is that correct thinking... only S&P?
From the time Ashraf gave that indication , the mkt. had moved up close to that target of .9080 and it has since retraced down....
It takes a very patient and tolerant person to continue to engage with a very bitter and ill-mannered person. I wish I can develop that trait, so vital in tading... not be distracted by "noise".... Thanks again for your continued passion in educating us. ( Heard you will be coming out to Singapore in Dec, unfortunately I will be away... :(
Thank you for the insights..... it just amaze how the "markets" assesses.... so cool.......
conditions for a drastic drop in stocks :
1) the stock market will "tank" if another significant event takes place, eg commercial real estate debacle?, a huge uptick in NFP? etc ....
2) there is hawkish talk from the Feds, ECB, BOE....
3) Bond mkt going bearish? for one reason or other...
As long as there is QE, the stock mkt will continue to inch upwards with occasional "minor" retracement.
So, as QE continue to exist for at least the next 6-9 mths.... we would be looking at a weak dollar/ higher stock market?
I have been expecting another drop in the stock market, but based on the above, chances are that there will be no significant drop, especially if the US does a 2nd round of Stimulus package!
Is that a correct thinking?
I too support Jack's suggestion, tks.
There is school that says the Indexes are way overdue for a correction which when happens will result in a stronger dollar as per present correlation, and I believe, Ashraf has now been hinting that it could break away from that inverse correlation..... so why the negative statement from Trader?
In the interim, he has been providing us with intra-day/week market movement. Which I appreciate very much.... Its people Like trader who hides under the cloak of annomity that give blogs its bad image!
Thanks for the webinar, picked up more on your line of thinking.... do hope... you will consider something regular....