Forum > View Topic (Hot-Chart)
by Ashraf Laidi
Posted: Dec 2, 2009 21:33
Comments: 475
View Hot-Chart
This thread was started in response to the Hot-Chart:

Aussie Dressed up but where to Go?

 
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DrDeath
London, UK
Posts: 6
14 years ago
Feb 4, 2010 22:05
Looks like dead cross is forming for AusUsd on daily now. Would it be as important as it was for EurUsd?
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Feb 4, 2010 21:38
AVG, if you close ur position EACH TIME market goes against you by 20-30 pips then this is NOT for you, markets do not wait for you to make money. There are retracements and direction moves. Please get a good book on trading and market abnd follow the discussions on here. if i said EURJPY was a good selling opportunity in 122.60 for target at 122.20 and you closed when it rose then

Frank, yes you can. 23% retrcmnt of past 12 months move


Ashraf
Tarun
Dubai, United Arab Emirates
Posts: 9
14 years ago
Feb 4, 2010 21:26
Sure Ashraf, thanks for your advise. A good start for me today :) Thanks to you!
Frank
Vancouver, Canada
Posts: 32
14 years ago
Feb 4, 2010 21:20
Ashraf

Aussie oversold ? Time to buy at 86 vs USD ?

Thanks
AVG
Singapore
Posted Anonymously
14 years ago
Feb 4, 2010 20:50
Hi Ashraf,
2 hrs back I was short EUR/JPY at 122.42.... But it started gng up..... So I took a loss of 350 SGD. Then I open a Long EUR/JPY trade at 122.58, but not it is gng down..... This confusses me, when to enter the trade.... I have been always trapped in worng trade till now.... I read the news the whole day, but it seems it doesn't work for me.....
Do u hav any suggestion for me.....

AVG :)....
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Feb 4, 2010 20:35
Tarun, as long as you can get in then get in that trade. if ur not sure send me a tweet ans ask if we shoul forget abt it.

http://www.ashraflaidi.com/about/twitter-awards.asp

Ashraf
Tarun
Dubai, United Arab Emirates
Posts: 9
14 years ago
Feb 4, 2010 20:28
Agree my question was not framed accurately...What i meant is e.g an hour back on twitter you msgd that "time to get back in EURJPY at 122.40/60 for 121.80" --
So in normal cases what stop loss would you suggest or is sufficient -- I would assume that in most cases stops may depend on ones appetite.. but my query is like from what level would the trade be invalid...?
I will surely take a look at tweetdeck & download it rightaway. :)

Again thanks for your help and patience in replying to us.
AVG
Singapore
Posted Anonymously
14 years ago
Feb 4, 2010 20:25
Thks a lot Ashraf for replyng..... I will download it today..... I wish I also start to enter the positive trades..... Thks again :)....
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Feb 4, 2010 20:06
AVG, Tarun, thats a very open ended question so not sure what to tell you. i use simple language on twitter that most seem to understand and benefit from. do you get the direction wrong? do you get stopped out to early? do you use aggressive margin? you have to know what you're doing wrong first then solve the problem.

YOU MUST DOWNLOAD TWEETDECK so that my streaming updates occur AUTOMATICALLY and you can EASILy send messages, retweet, etcc. COME ON GUYS, IVE BEEN SAYING USE TWITTER AND TWEETDECK FOR 5 MONTHS NOW. WHY ARE PEOPLE SO SKEPTICAL OF THESE APPLICATIONS. THIS IS NOT FOR GOSSIP OR KID STUFF BUT A GREAT OPPORTUNITY TO GET INSIGHTS FROM THE PROS IN A QUICK AND EFFICIENT MANNER, IT IS YOUR CHOICE AND YOUR CALL.

Ashraf
Tarun
Dubai, United Arab Emirates
Posts: 9
14 years ago
Feb 4, 2010 19:38
Hi Ashraf, I have been following your comments and they have been no doubt spot on and quite impressive! I am a bit new to twitter and am not sure on how to take trades on your comments. Would appreciate some hints?
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