ashraf i know you dont like answering this question, but what are the chances that we are in a bear market rally in european/us stocks and that we can expect retest if march lows in 2010/2011
chloe, with Friday's dismal jobs report, oil's inability to regain 80.50 and 82.00 and S&P500 inability to regain 200-week avg, looks like USDCAD bottom will hold at 1.05. Look at GBPCAD, which looks like a sell--but confirmation is need tomorrow.
hey ashraf..can i get ur thoughts on usdcad..thinkn about a long position ..do u think we bottomed @1.0500 or is there more downside1.0300..if there downside were do u see the bottom..ok thanks have a good day
Abood, i dont like these questions because i have no idea about your risk tolerance and margin requirements. Haveing said that, 85.50-60 will be hard to break. see my latest article on the yen.
Xtrader, with a good broker, you can trade from the beach via your blackberry !
You actually have people wanting you to give them your best trade, stop loss and Target. Can I just send you my money and you trade for me and I'll sit on a beach and relax? Wow!
Thank you for continuing to help us with your knowledge and advice, So we can learn the markets and trade for ourselves! It truly is appreciated
Abood, look out for renewed weakness in CADJPY and EURJPY. the daily chart shows you the resistance quite well.
Dima, i have not changed my 1.57 eurusd for year-end. The gold factors are eur bullish but my expectations for end of year unwinding in equities may limit eurusd, so there's 30% chance that we may see 1.51 not 1.57.
Abood26, no offense, but I think Qin does really well. It's not wrong to go with the trend and Qin just does that. I know, it doesn't sound sexy to watch at weekly charts and to trade the fundamental direction but even Ashraf was ranked #1 for the longer term analysis. ;)
And do you really expect to get a clear entry, Tp and Sl for your trade? What about using your own brain? ;)
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(1 year 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(1 year 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(1 year 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 (1 year ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (1 year ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (1 year 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(1 year ago)
Ashraf
Xtrader, with a good broker, you can trade from the beach via your blackberry !
Ashraf
I forgot to ask. When will Currency Trading and Intermarket Analysis II come out?
You actually have people wanting you to give them your best trade, stop loss and Target. Can I just send you my money and you trade for me and I'll sit on a beach and relax? Wow!
Thank you for continuing to help us with your knowledge and advice, So we can learn the markets and trade for ourselves! It truly is appreciated
Dima, i have not changed my 1.57 eurusd for year-end. The gold factors are eur bullish but my expectations for end of year unwinding in equities may limit eurusd, so there's 30% chance that we may see 1.51 not 1.57.
Ashraf
And do you really expect to get a clear entry, Tp and Sl for your trade? What about using your own brain? ;)